Funding you earn now, next payment 04:00 UTC+0.0766%/8h= +83.9% APRnext payment +$3.83 per $10,000 · paid last 24h +0.099%
Price spread now: Bitget against Bybit0.000%7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costs−$351as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3383.376% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.050%+$5 · spread now 0.000%, 7d avg +0.120%
=Funding pays, the price is against you. Bitget is 0.120% cheaper against Bybit than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.120%). If the spread goes back, that is −$12 on $10k: about 13 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour.
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 +$3.83 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 | Bybit ZESTUSDT | 0.1521 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $925K | $464K | 10x |
| Short | Bitget ZESTUSDT | 0.1521 | 0.0866 | get 0.0433% / 4h | 2h 22m | $990K | $233K | 10x |
Bybit ZESTUSDT
Bitget ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $160.86
- Price spread: 0.000% → +0.120%
- −$12.01
- Slippage, 4 orders
- −$314.61
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$188.76
- Costs to cover
- 3.376%
- Break-even
- 15.2 days
Slippage from Bybit: live order book, 43 min ago; Bitget: live order book, 44 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 Bybit live order book, 43 min ago | 6.69 bp | 135.1 bp −$135 | 5450.2 bp −$54.5K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 44 min ago | 7.01 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 8 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 ZESTUSDTlong | +0.0100% | 4h | 0.1521 | long leg | $925K | $464K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1519 | −0.105% | $810K | $49K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0300% | 4h | 0.1521 | 0.000% | $1.5M | $473K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0752% | 4h | 0.1523 | +0.105% | $9.8M | $104K | 20x | as long as short |
| Binance ZESTUSDT | +0.0753% | 4h | 0.1522 | +0.078% | $5.9M | $1.6M | 10x | as long as short |
| BingX ZEST-USDT | +0.0757% | 4h | 0.1521 | +0.007% | — | $745K | — | as long as short |
| Aster ZESTUSDT | +0.0809% | 4h | 0.1521 | −0.020% | $199K | $51K | 5x | as long as short |
| Bitget ZESTUSDTshort | +0.0866% | 4h | 0.1521 | 0.000% | $990K | $233K | 10x |
Gate ZEST_USDT
KuCoin ZESTUSDTM
MEXC ZEST_USDT
Binance ZESTUSDT
BingX ZEST-USDT
Aster ZESTUSDT