Funding you earn now, next payment 12:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.42 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.231%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,266as in the Price arb table
costs, in and out, $10k−$2,24922.486% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.231%, 7d avg −0.055%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.176% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.196%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZESTUSDTM | 0.1470 | 0.0184 | pay 0.0092% / 4h | 47m 14s | $1.5M | $762K | 10x |
| Short | Bybit ZESTUSDT | 0.1467 | 0.0100 | get 0.0050% / 4h | 47m 14s | $944K | $576K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$17.64
- Price spread: −0.231% → −0.055%
- −$17.59
- Slippage, 4 orders
- −$2,225.56
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2,283.79
- Costs to cover
- 22.486%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 1 min ago; Bybit: live order book, 56 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, 1 min ago | 13.94 bp | 819.6 bp −$820 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 56 min ago | 6.92 bp | 202.7 bp −$203 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 9 exchanges
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 | 0.1467 | −0.231% | $944K | $576K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1469 | −0.082% | $775K | $76K | 10x | as long as short |
| KuCoin ZESTUSDTMlong | +0.0184% | 4h | 0.1470 | long leg | $1.5M | $762K | 10x | |
| Bitget ZESTUSDT | +0.0600% | 4h | 0.1470 | −0.054% | $968K | $353K | 10x | as long as short |
| Binance ZESTUSDT | +0.0602% | 4h | 0.1473 | +0.173% | $5.7M | $2.2M | 10x | as long as short |
| BingX ZEST-USDT | +0.0610% | 4h | 0.1471 | +0.034% | — | $753K | — | as long as short |
| MEXC ZEST_USDT | +0.0616% | 4h | 0.1471 | +0.034% | $9.4M | $118K | 20x | as long as short |
| BloFin ZEST-USDT | +0.0655% | 4h | 0.1471 | +0.061% | $301K | $21K | 10x | as long as short |
| Aster ZESTUSDT | +0.0707% | 4h | 0.1469 | −0.080% | $188K | $54K | 5x | as long as short |
KuCoin ZESTUSDTM
Bybit ZESTUSDT
Gate ZEST_USDT
Bitget ZESTUSDT
Binance ZESTUSDT
BingX ZEST-USDT
MEXC ZEST_USDT
BloFin ZEST-USDT
Aster ZESTUSDT