Funding you earn now, next payment 00:00 UTC+0.0314%/8h= +34.4% APRnext payment +$1.57 per $10,000 · paid last 24h −0.071%
Price spread now: Bitget against MEXC−0.081%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.596%−$60 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.081%, 7d avg −0.002%
=Funding pays, the price is against you. Bitget is 0.079% cheaper against MEXC than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.002%). If the spread goes back, that is −$8 on $10k: about 20 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.596%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEST_USDT | 0.1485 | 0.0352 | pay 0.0176% / 4h | 1h 12m | $9.5M | $103K | 20x |
| Short | Bitget ZESTUSDT | 0.1484 | 0.0666 | get 0.0333% / 4h | 1h 12m | $997K | $210K | 10x |
MEXC ZEST_USDT
Bitget ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $65.94
- Price spread: −0.081% → −0.002%
- −$7.89
- Slippage, 4 orders
- −$79
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$36.95
- Costs to cover
- 0.950%
- Break-even
- 10.9 days
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 3 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 MEXC live order book, 5 min ago | 1.68 bp | 9.8 bp −$10 | 66.7 bp −$667 | 446.3 bp −$44.6K | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.41 bp | 36.4 bp −$36 | 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 | 0.1484 | −0.088% | $924K | $396K | 10x | as long as short |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1483 | −0.162% | $790K | $48K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0100% | 4h | 0.1484 | −0.061% | $1.5M | $448K | 10x | as long as short |
| Aster ZESTUSDT | +0.0221% | 4h | 0.1484 | −0.068% | $191K | $45K | 5x | as long as short |
| MEXC ZEST_USDTlong | +0.0352% | 4h | 0.1485 | long leg | $9.5M | $103K | 20x | |
| Binance ZESTUSDT | +0.0352% | 4h | 0.1485 | +0.013% | $5.7M | $1.6M | 10x | as long as short |
| BloFin ZEST-USDT | +0.0352% | 4h | 0.1485 | −0.027% | $296K | $15K | 10x | as long as short |
| BingX ZEST-USDT | +0.0654% | 4h | 0.1485 | +0.013% | — | $735K | — | as long as short |
| Bitget ZESTUSDTshort | +0.0666% | 4h | 0.1484 | −0.081% | $997K | $210K | 10x |
Bybit ZESTUSDT
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
BloFin ZEST-USDT
BingX ZEST-USDT