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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0324%/8h= +35.5% APRnext payment +$1.62 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against Aster+0.111%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.509%−$51 on $10k
Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.111%, 7d avg +0.142%
Together, before fees−0.457%+ Points / potential airdropAster: Stage 5 · farm board−$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.031% cheaper against Aster than usual: you would sell low and buy high (spread +0.111% now, against its 7-day average of +0.142%). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 5 days funding on this pair cost −0.509%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZESTUSDT0.14820.0388pay 0.0194% / 4h3h 44m$193K$47K5x
ShortBitget ZESTUSDT0.14840.0712get 0.0356% / 4h3h 44m$980K$225K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$68.13
Price spread: +0.111% → +0.142%
−$3.05
Slippage, 4 orders
−$135.25
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.17
Costs to cover
1.552%
Break-even
16.3 days
Slippage from Aster: live order book, 27 min ago; Bitget: live order book, 26 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, 27 min ago5.40 bp39.2 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 26 min ago5.40 bp34.6 bp −$35doesn't fitdoesn'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%4h0.1482−0.024%$927K$446K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1482+0.010%$791K$48K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1483+0.024%$1.5M$462K10xas long as short
Aster ZESTUSDTlong+0.0388%4h0.1482long leg$193K$47K5x
Binance ZESTUSDT+0.0452%4h0.1484+0.132%$5.7M$1.6M10xas long as short
MEXC ZEST_USDT+0.0454%4h0.1484+0.084%$9.5M$102K20xas long as short
BloFin ZEST-USDT+0.0478%4h0.1484+0.105%$297K$16K10xas long as short
BingX ZEST-USDT+0.0704%4h0.1484+0.084%$741Kas long as short
Bitget ZESTUSDTshort+0.0712%4h0.1484+0.111%$980K$225K10x