Funding you earn now, next payment 04:00 UTC−0.0508%/8h= −55.6% APRnext payment −$2.54 per $10,000 · paid last 24h −0.112%
Price spread now: Bybit against MEXC−0.187%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3293.287% of the position
Funding, last 7 days−0.440%−$44 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.187%, 7d avg −0.128%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Bybit is 0.060% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.128%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEST_USDT | 0.1494 | 0.0608 | pay 0.0304% / 4h | 1h 53m | $9.6M | $103K | 20x |
| Short | Bybit ZESTUSDT | 0.1491 | 0.0100 | get 0.0050% / 4h | 1h 53m | $911K | $472K | 10x |
MEXC ZEST_USDT
Bybit ZESTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$106.68
- Price spread: −0.187% → −0.128%
- −$5.99
- Slippage, 4 orders
- −$313.73
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$441.4
- Costs to cover
- 3.287%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 7 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 | 3.02 bp | 34.4 bp −$34 | 81.4 bp −$814 | 447.1 bp −$44.7K | doesn't fit |
| Sell Bybit live order book, 7 min ago | 6.69 bp | 150.5 bp −$151 | doesn't fit | doesn't fit | doesn't fit |
ZEST on 8 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 ZESTUSDTshort | +0.0100% | 4h | 0.1491 | −0.187% | $911K | $472K | 10x | |
| Gate ZEST_USDT | +0.0100% | 4h | 0.1492 | −0.127% | $794K | $50K | 10x | as long as short |
| KuCoin ZESTUSDTM | +0.0178% | 4h | 0.1495 | +0.054% | $1.5M | $483K | 10x | as long as short |
| Aster ZESTUSDT | +0.0579% | 4h | 0.1493 | −0.072% | $195K | $49K | 5x | as long as short |
| Binance ZESTUSDT | +0.0595% | 4h | 0.1493 | −0.060% | $5.8M | $1.6M | 10x | as long as short |
| MEXC ZEST_USDTlong | +0.0608% | 4h | 0.1494 | long leg | $9.6M | $103K | 20x | |
| Bitget ZESTUSDT | +0.0652% | 4h | 0.1492 | −0.114% | $972K | $239K | 10x | as long as short |
| BingX ZEST-USDT | +0.0670% | 4h | 0.1492 | −0.107% | — | $743K | — | as long as short |
Gate ZEST_USDT
KuCoin ZESTUSDTM
Aster ZESTUSDT
Binance ZESTUSDT
Bitget ZESTUSDT
BingX ZEST-USDT