Funding you earn now, next payment 04:00 UTC−0.0484%/8h= −53.0% APRnext payment −$2.42 per $10,000 · paid last 24h −0.099%
Price spread now: Gate against Bitget−0.053%7-day average −0.215% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,155as in the Price arb table
costs, in and out, $10k−$4,17141.709% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)−0.248%−$25 · spread now −0.053%, 7d avg −0.215%
=The price spread pays, funding is against you. Gate is 0.161% dearer against Bitget than usual: you sell high and buy low (spread −0.053% now, against its 7-day average of −0.215%): +$16 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.148% in total) that is about 7.6 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 −$2.42 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 | 0.1499 | 0.0584 | pay 0.0292% / 4h | 46m 18s | $977K | $241K | 10x |
| Short | Gate ZEST_USDT | 0.1499 | 0.0100 | get 0.0050% / 4h | 46m 18s | $805K | $57K | 10x |
Bitget ZESTUSDT
Gate ZEST_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$101.64
- Price spread: −0.053% → −0.215%
- $16.14
- Slippage, 4 orders
- −$4,143.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$4,256.38
- Costs to cover
- 41.709%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; Gate: live order book, 10 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, 10 min ago | 7.01 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 10 min ago | 14.36 bp | 1486.5 bp −$1,487 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster ZESTUSDT | +0.0100% | 4h | 0.1500 | +0.027% | $196K | $49K | 5x | as long as short |
| Bybit ZESTUSDT | +0.0100% | 4h | 0.1496 | −0.227% | $940K | $478K | 10x | as long as short |
| Gate ZEST_USDTshort | +0.0100% | 4h | 0.1499 | −0.053% | $805K | $57K | 10x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1498 | −0.073% | $1.5M | $499K | 10x | as long as short |
| Binance ZESTUSDT | +0.0164% | 4h | 0.1500 | +0.047% | $5.8M | $1.6M | 10x | as long as short |
| MEXC ZEST_USDT | +0.0172% | 4h | 0.1500 | +0.053% | $9.6M | $103K | 20x | as long as short |
| BloFin ZEST-USDT | +0.0228% | 4h | 0.1499 | −0.020% | $304K | $17K | 10x | as long as short |
| BingX ZEST-USDT | +0.0566% | 4h | 0.1499 | +0.007% | — | $747K | — | as long as short |
| Bitget ZESTUSDTlong | +0.0584% | 4h | 0.1499 | long leg | $977K | $241K | 10x |
Aster ZESTUSDT
Bybit ZESTUSDT
KuCoin ZESTUSDTM
Binance ZESTUSDT
MEXC ZEST_USDT
BloFin ZEST-USDT
BingX ZEST-USDT