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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0280%/8h= +30.6% APRnext payment +$1.40 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against Binance−0.063%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1731.728% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.557%−$56 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.063%, 7d avg −0.009%
Together, before fees−0.565%−$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.054% cheaper against Binance than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of −0.009%). If the spread goes back, that is −$5 on $10k: about 15 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.557%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZESTUSDT0.14910.0170pay 0.0085% / 4h2h 42m$5.8M$1.2M10x
ShortBitget ZESTUSDT0.14900.0450get 0.0225% / 4h2h 42m$937K$193K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$58.78
Price spread: −0.063% → −0.009%
−$5.39
Slippage, 4 orders
−$150.76
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$119.37
Costs to cover
1.728%
Break-even
21.2 days
Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 4 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 Binance live order book, 11 min ago4.00 bp48.0 bp −$48618.5 bp −$6,185doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago6.69 bp33.1 bp −$33doesn'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
Aster ZESTUSDT+0.0100%4h0.1489−0.100%$194K$47K5xas long as short
Bybit ZESTUSDT+0.0100%4h0.1487−0.238%$940K$409K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1488−0.191%$795K$51K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1490−0.063%$1.5M$501K10xas long as short
Binance ZESTUSDTlong+0.0170%4h0.1491long leg$5.8M$1.2M10x
MEXC ZEST_USDT+0.0176%4h0.1490−0.016%$9.5M$99K20xas long as short
BloFin ZEST-USDT+0.0210%4h0.1491+0.057%$302K$15K10xas long as short
BingX ZEST-USDT+0.0440%4h0.1489−0.104%$750Kas long as short
Bitget ZESTUSDTshort+0.0450%4h0.1490−0.063%$937K$193K10x