Funding you earn now, next payment 04:00 UTC+0.0488%/8h= +53.4% APRnext payment +$2.44 per $10,000 · paid last 24h +0.080%
Price spread now: Bitget against KuCoin+0.020%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,904as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,915as in the Price arb table
costs, in and out, $10k−$1,91019.101% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.020%, 7d avg +0.073%
=Funding pays, the price is against you. Bitget is 0.053% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.073%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.065% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.44 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 | KuCoin ZESTUSDTM | 0.1501 | 0.0100 | pay 0.0050% / 4h | 40m 20s | $1.5M | $501K | 10x |
| Short | Bitget ZESTUSDT | 0.1501 | 0.0588 | get 0.0294% / 4h | 40m 20s | $978K | $241K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $102.48
- Price spread: +0.020% → +0.073%
- −$5.34
- Slippage, 4 orders
- −$1,886.11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,812.97
- Costs to cover
- 19.101%
- Break-even
- 130.8 days
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 16 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 KuCoin live order book, 5 min ago | 13.98 bp | 753.5 bp −$753 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 16 min ago | 7.01 bp | 47.3 bp −$47 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZEST-USDT | +0.0100% | 4h | 0.1502 | +0.067% | $304K | $17K | 10x | as long as short |
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1502 | +0.060% | $943K | $478K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1499 | −0.127% | $805K | $57K | 10x | as long as short |
| KuCoin ZESTUSDTMlong | +0.0100% | 4h | 0.1501 | long leg | $1.5M | $501K | 10x | |
| Aster ZESTUSDT | +0.0104% | 4h | 0.1503 | +0.103% | $196K | $50K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0152% | 4h | 0.1502 | +0.093% | $9.6M | $103K | 20x | as long as short |
| Binance ZESTUSDT | +0.0153% | 4h | 0.1503 | +0.103% | $5.8M | $1.6M | 10x | as long as short |
| BingX ZEST-USDT | +0.0550% | 4h | 0.1502 | +0.093% | — | $749K | — | as long as short |
| Bitget ZESTUSDTshort | +0.0588% | 4h | 0.1501 | +0.020% | $978K | $241K | 10x |
KuCoin ZESTUSDTM
Bitget ZESTUSDT
BloFin ZEST-USDT
Bybit ZESTUSDT
Gate ZEST_USDT
Aster ZESTUSDT
MEXC ZEST_USDT
Binance ZESTUSDT
BingX ZEST-USDT