Funding you earn now, next payment 08:00 UTC+0.0297%/8h= +32.5% APRnext payment +$1.49 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Gate+0.277%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,010as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,077as in the Price arb table
costs, in and out, $10k−$4,08340.830% of the position
Funding, last 7 days+0.726%+$73 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.277%, 7d avg +0.222%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.222%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEST_USDT | 0.1514 | 0.0100 | pay 0.0050% / 4h | 2h 13m | $810K | $52K | 10x |
| Short | Binance ZESTUSDT | 0.1519 | 0.0397 | get 0.0199% / 4h | 2h 13m | $5.9M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $62.4
- Price spread: +0.277% → +0.222%
- $5.57
- Slippage, 4 orders
- −$4,057.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$4,015.02
- Costs to cover
- 40.830%
- Break-even
- 457.4 days
Slippage from Gate: live order book, 33 min ago; Binance: live order book, 9 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 Gate live order book, 33 min ago | 8.03 bp | 2310.9 bp −$2,311 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 2.32 bp | 58.0 bp −$58 | 367.5 bp −$3,675 | 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 ZESTUSDT | +0.0100% | 4h | 0.1516 | +0.112% | $960K | $393K | 10x | as long as short |
| Gate ZEST_USDTlong | +0.0100% | 4h | 0.1514 | long leg | $810K | $52K | 10x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1517 | +0.165% | $1.5M | $515K | 10x | as long as short |
| Aster ZESTUSDT | +0.0380% | 4h | 0.1513 | −0.094% | $197K | $47K | 5x | as long as short |
| MEXC ZEST_USDT | +0.0396% | 4h | 0.1519 | +0.291% | $9.7M | $101K | 20x | as long as short |
| Binance ZESTUSDTshort | +0.0397% | 4h | 0.1519 | +0.277% | $5.9M | $1.2M | 10x | |
| BloFin ZEST-USDT | +0.0415% | 4h | 0.1517 | +0.192% | $304K | $15K | 10x | as long as short |
| BingX ZEST-USDT | +0.0578% | 4h | 0.1517 | +0.205% | — | $747K | — | as long as short |
| Bitget ZESTUSDT | +0.0620% | 4h | 0.1517 | +0.205% | $953K | $190K | 10x | as long as short |
Gate ZEST_USDT
Binance ZESTUSDT
Bybit ZESTUSDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
MEXC ZEST_USDT
BloFin ZEST-USDT
BingX ZEST-USDT
Bitget ZESTUSDT