Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.110%
Price spread now: BloFin against Gate+0.213%108s7-day average +0.241% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,081as 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−$4,15441.540% of the position
Funding, last 7 days+0.733%+$73 on $10k
+Price spread, last 4 days (all we have)+0.299%+$30 · spread now +0.213%, 7d avg +0.241%
=Funding pays, the price is against you. BloFin is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread +0.213% now, against its 7-day average of +0.241%). If the spread goes back, that is −$3 on $10k: about 4.7 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.733% in total) that is about 6 hours. The two prices were read 108 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 | Gate ZEST_USDT | 0.1501 | 0.0100 | pay 0.0050% / 4h | 19m 19s | $806K | $57K | 10x |
| Short | BloFin ZEST-USDT | 0.1504 | 0.0120 | get 0.0060% / 4h | 19m 19s | $303K | $17K | 10x |
Gate ZEST_USDT
BloFin ZEST-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $4.18
- Price spread: +0.213% → +0.241%
- −$2.8
- Slippage, 4 orders
- −$4,127.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4,152.62
- Costs to cover
- 41.540%
- Break-even
- 6958.5 days
Slippage from Gate: live order book, 37 min ago; BloFin: live order book, 15 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, 37 min ago | 14.36 bp | 2592.7 bp −$2,593 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 0.67 bp | 28.6 bp −$29 | 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 ZESTUSDT | +0.0100% | 4h | 0.1499 | −0.113% | $941K | $478K | 10x | as long as short |
| Gate ZEST_USDTlong | +0.0100% | 4h | 0.1501 | long leg | $806K | $57K | 10x | |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1499 | −0.133% | $1.5M | $504K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0118% | 4h | 0.1503 | +0.133% | $9.6M | $105K | 20x | as long as short |
| BloFin ZEST-USDTshort | +0.0120% | 4h | 0.1504 | +0.213% | $303K | $17K | 10x | |
| Binance ZESTUSDT | +0.0120% | 4h | 0.1502 | +0.053% | $5.8M | $1.6M | 10x | as long as short |
| Aster ZESTUSDT | +0.0123% | 4h | 0.1502 | +0.107% | $196K | $50K | 5x | as long as short |
| Bitget ZESTUSDT | +0.0556% | 4h | 0.1503 | +0.167% | $979K | $241K | 10x | as long as short |
| BingX ZEST-USDT | +0.0558% | 4h | 0.1502 | +0.067% | — | $747K | — | as long as short |
Bybit ZESTUSDT
KuCoin ZESTUSDTM
MEXC ZEST_USDT
Binance ZESTUSDT
Aster ZESTUSDT
Bitget ZESTUSDT
BingX ZEST-USDT