Funding you earn now, next payment 04:00 UTC+0.0700%/8h= +76.6% APRnext payment +$3.50 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against Gate+0.147%7-day average +0.221% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,516as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,538as in the Price arb table
costs, in and out, $10k−$4,53145.306% of the position
Funding, last 7 days+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.005%$0 · spread now +0.147%, 7d avg +0.221%
=Funding pays, the price is against you. Bitget is 0.074% cheaper against Gate than usual: you would sell low and buy high (spread +0.147% now, against its 7-day average of +0.221%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.148% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.148% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEST_USDT | 0.1495 | 0.0100 | pay 0.0050% / 4h | 3h 06m | $797K | $48K | 10x |
| Short | Bitget ZESTUSDT | 0.1497 | 0.0800 | get 0.0400% / 4h | 3h 06m | $986K | $225K | 10x |
Gate ZEST_USDT
Bitget ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $147
- Price spread: +0.147% → +0.221%
- −$7.37
- Slippage, 4 orders
- −$4,503.59
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$4,390.97
- Costs to cover
- 45.306%
- Break-even
- 216.1 days
Slippage from Gate: live order book, just now; Bitget: live order book, 65 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, just now | 16.38 bp | 3190.3 bp −$3,190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 65 min ago | 5.40 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1495 | +0.027% | $935K | $440K | 10x | as long as short |
| Gate ZEST_USDTlong | +0.0100% | 4h | 0.1495 | long leg | $797K | $48K | 10x | |
| KuCoin ZESTUSDTM | +0.0212% | 4h | 0.1497 | +0.174% | $1.5M | $467K | 10x | as long as short |
| Aster ZESTUSDT | +0.0682% | 4h | 0.1498 | +0.209% | $196K | $49K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0702% | 4h | 0.1498 | +0.221% | $9.6M | $104K | 20x | as long as short |
| Binance ZESTUSDT | +0.0703% | 4h | 0.1498 | +0.212% | $5.8M | $1.5M | 10x | as long as short |
| BloFin ZEST-USDT | +0.0730% | 4h | 0.1499 | +0.268% | $301K | $16K | 10x | as long as short |
| BingX ZEST-USDT | +0.0742% | 4h | 0.1496 | +0.107% | — | $742K | — | as long as short |
| Bitget ZESTUSDTshort | +0.0800% | 4h | 0.1497 | +0.147% | $986K | $225K | 10x |
Bybit ZESTUSDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
Binance ZESTUSDT
BloFin ZEST-USDT
BingX ZEST-USDT