Funding you earn now, next payment 04:00 UTC−0.0488%/8h= −53.4% APRnext payment −$2.44 per $10,000 · paid last 24h −0.099%
Price spread now: Bybit against Bitget−0.067%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3623.620% of the position
Funding, last 7 days+0.138%+$14 on $10k
+Price spread, last 4 days (all we have)+0.329%+$33 · spread now −0.067%, 7d avg −0.120%
=The price spread pays, funding is against you. Bybit is 0.053% dearer against Bitget than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.120%): +$5 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 9 hours. Mind the row above: over the last 7 days funding on this pair paid +0.138%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.138% in total (about 7.2% 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 | Bitget ZESTUSDT | 0.1491 | 0.0588 | pay 0.0294% / 4h | 1h 37m | $973K | $241K | 10x |
| Short | Bybit ZESTUSDT | 0.1490 | 0.0100 | get 0.0050% / 4h | 1h 37m | $936K | $486K | 10x |
Bitget ZESTUSDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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: −0.067% → −0.120%
- $5.28
- Slippage, 4 orders
- −$338.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$459.18
- Costs to cover
- 3.620%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 24 min ago; Bybit: live order book, 23 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 Bitget live order book, 24 min ago | 8.68 bp | 61.5 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 23 min ago | 6.69 bp | 150.5 bp −$151 | 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 ZESTUSDTshort | +0.0100% | 4h | 0.1490 | −0.067% | $936K | $486K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1488 | −0.188% | $800K | $57K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1490 | −0.034% | $1.5M | $489K | 10x | as long as short |
| Aster ZESTUSDT | +0.0382% | 4h | 0.1490 | −0.068% | $195K | $49K | 5x | as long as short |
| BloFin ZEST-USDT | +0.0457% | 4h | 0.1491 | +0.013% | $302K | $17K | 10x | as long as short |
| Binance ZESTUSDT | +0.0459% | 4h | 0.1492 | +0.034% | $5.8M | $1.6M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0470% | 4h | 0.1491 | +0.027% | $9.6M | $104K | 20x | as long as short |
| BingX ZEST-USDT | +0.0562% | 4h | 0.1491 | +0.027% | — | $744K | — | as long as short |
| Bitget ZESTUSDTlong | +0.0588% | 4h | 0.1491 | long leg | $973K | $241K | 10x |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
BloFin ZEST-USDT
Binance ZESTUSDT
MEXC ZEST_USDT
BingX ZEST-USDT