Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.110%
Price spread now: Bybit against BloFin−0.246%92s7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$395as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3503.504% of the position
Funding, last 7 days−0.446%−$45 on $10k
+Price spread, last 4 days (all we have)−0.262%−$26 · spread now −0.246%, 7d avg −0.147%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.100% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.147%). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEST-USDT | 0.1503 | 0.0142 | pay 0.0071% / 4h | 17m 44s | $303K | $17K | 10x |
| Short | Bybit ZESTUSDT | 0.1499 | 0.0100 | get 0.0050% / 4h | 17m 44s | $941K | $478K | 10x |
BloFin ZEST-USDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$8.76
- Price spread: −0.246% → −0.147%
- −$9.96
- Slippage, 4 orders
- −$327.37
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$369.09
- Costs to cover
- 3.504%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 17 min ago; Bybit: live order book, 37 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 BloFin live order book, 17 min ago | 0.67 bp | 46.2 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 37 min ago | 6.67 bp | 140.3 bp −$140 | 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 | 0.1499 | −0.246% | $941K | $478K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1501 | −0.133% | $806K | $57K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1500 | −0.146% | $1.5M | $504K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0110% | 4h | 0.1503 | −0.007% | $9.6M | $105K | 20x | as long as short |
| Binance ZESTUSDT | +0.0114% | 4h | 0.1503 | +0.020% | $5.8M | $1.6M | 10x | as long as short |
| Aster ZESTUSDT | +0.0114% | 4h | 0.1502 | −0.078% | $196K | $50K | 5x | as long as short |
| BloFin ZEST-USDTlong | +0.0142% | 4h | 0.1503 | long leg | $303K | $17K | 10x | |
| BingX ZEST-USDT | +0.0528% | 4h | 0.1501 | −0.093% | — | $744K | — | as long as short |
| Bitget ZESTUSDT | +0.0548% | 4h | 0.1503 | +0.013% | $979K | $241K | 10x | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
MEXC ZEST_USDT
Binance ZESTUSDT
Aster ZESTUSDT
BingX ZEST-USDT
Bitget ZESTUSDT