Funding you earn now, next payment 08:00 UTC+0.0432%/8h= +47.3% APRnext payment +$2.16 per $10,000 · paid last 24h +0.117%
Price spread now: Bitget against KuCoin−0.073%7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,945as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,968as in the Price arb table
costs, in and out, $10k−$1,95419.539% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.073%, 7d avg +0.070%
=Funding pays, the price is against you. Bitget is 0.144% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.070%). If the spread goes back, that is −$14 on $10k: about 27 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.090% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.16 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 | KuCoin ZESTUSDTM | 0.1506 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $1.5M | $522K | 10x |
| Short | Bitget ZESTUSDT | 0.1505 | 0.0532 | get 0.0266% / 4h | 1h 45m | $945K | $188K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $90.72
- Price spread: −0.073% → +0.070%
- −$14.35
- Slippage, 4 orders
- −$1,929.94
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,877.58
- Costs to cover
- 19.539%
- Break-even
- 151.9 days
Slippage from KuCoin: live order book, 10 min ago; Bitget: live order book, 60 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 KuCoin live order book, 10 min ago | 26.66 bp | 872.5 bp −$873 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 6.69 bp | 33.1 bp −$33 | 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 | 0.1504 | −0.139% | $939K | $427K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1502 | −0.266% | $797K | $55K | 10x | as long as short |
| KuCoin ZESTUSDTMlong | +0.0100% | 4h | 0.1506 | long leg | $1.5M | $522K | 10x | |
| BloFin ZEST-USDT | +0.0358% | 4h | 0.1506 | 0.000% | $304K | $16K | 10x | as long as short |
| MEXC ZEST_USDT | +0.0382% | 4h | 0.1506 | −0.027% | $9.6M | $99K | 20x | as long as short |
| Binance ZESTUSDT | +0.0383% | 4h | 0.1507 | +0.060% | $5.8M | $1.2M | 10x | as long as short |
| Aster ZESTUSDT | +0.0426% | 4h | 0.1504 | −0.146% | $195K | $45K | 5x | as long as short |
| BingX ZEST-USDT | +0.0530% | 4h | 0.1505 | −0.040% | — | $747K | — | as long as short |
| Bitget ZESTUSDTshort | +0.0532% | 4h | 0.1505 | −0.073% | $945K | $188K | 10x |
KuCoin ZESTUSDTM
Bitget ZESTUSDT
Bybit ZESTUSDT
Gate ZEST_USDT
BloFin ZEST-USDT
MEXC ZEST_USDT
Binance ZESTUSDT
Aster ZESTUSDT
BingX ZEST-USDT