Settings8H · net · $10k
Funding arb · Price arb /

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0358%/8h= +39.2% APRnext payment +$1.79 per $10,000 · paid last 24h +0.065%
Price spread now: BingX against Aster+0.165%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1461.463% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.060%+$6 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.165%, 7d avg +0.110%
Together, before fees+0.130%+ Points / potential airdropAster: Stage 5 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BingX is 0.055% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.110%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.060% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZESTUSDT0.14760.0312pay 0.0156% / 4h33m 29s$190K$47K5x
ShortBingX ZEST-USDT0.14790.0670get 0.0335% / 4h33m 29s$739K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$75.16
Price spread: +0.165% → +0.110%
$5.49
Slippage, 4 orders
−$128.26
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$65.6
Costs to cover
1.463%
Break-even
13.1 days
Slippage from Aster: live order book, 43 min ago; BingX: live order book, 70 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 43 min ago6.40 bp33.4 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 70 min ago6.73 bp38.8 bp −$39199.1 bp −$1,991doesn't fitdoesn't fit

ZEST on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZESTUSDT+0.0100%4h0.1478+0.131%$937K$439K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1475−0.092%$786K$49K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1478+0.145%$1.5M$451K10xas long as short
Aster ZESTUSDTlong+0.0312%4h0.1476long leg$190K$47K5x
Binance ZESTUSDT+0.0413%4h0.1480+0.294%$5.7M$1.6M10xas long as short
MEXC ZEST_USDT+0.0420%4h0.1479+0.219%$9.5M$103K20xas long as short
BloFin ZEST-USDT+0.0467%4h0.1475−0.059%$297K$15K10xas long as short
Bitget ZESTUSDT+0.0656%4h0.1478+0.158%$976K$226K10xas long as short
BingX ZEST-USDTshort+0.0670%4h0.1479+0.165%$739K