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−0.0336%/8h= −36.7% APRnext payment $1.68 per $10,000 · paid last 24h −0.148%
Price spread now: Gate against Binance−0.291%7-day average −0.225% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,870as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,805as in the Price arb table
costs, in and out, $10k−$4,79847.985% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.717%−$72 on $10k
Price spread, last 4 days (all we have)−0.155%−$15 · spread now −0.291%, 7d avg −0.225%
Together, before fees−0.872%−$87 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.066% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.225%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZESTUSDT0.14860.0436pay 0.0218% / 4h2h 55m$5.7M$1.6M10x
ShortGate ZEST_USDT0.14820.0100get 0.0050% / 4h2h 55m$792K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$70.47
Price spread: −0.291% → −0.225%
−$6.59
Slippage, 4 orders
−$4,773.46
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$4,875.52
Costs to cover
47.985%
Break-even
never at this rate
Slippage from Binance: live order book, 13 min ago; Gate: live order book, 30 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, 13 min ago4.36 bp48.4 bp −$48588.9 bp −$5,889doesn't fitdoesn't fit
Sell Gate live order book, 30 min ago41.55 bp2056.4 bp −$2,056doesn'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%4h0.1486−0.029%$926K$400K10xas long as short
Gate ZEST_USDTshort+0.0100%4h0.1482−0.291%$792K$46K10x
KuCoin ZESTUSDTM+0.0100%4h0.1487+0.005%$1.5M$464K10xas long as short
Aster ZESTUSDT+0.0247%4h0.1488+0.128%$192K$45K5xas long as short
BloFin ZEST-USDT+0.0388%4h0.1489+0.139%$298K$15K10xas long as short
MEXC ZEST_USDT+0.0428%4h0.1489+0.166%$9.5M$88K20xas long as short
Binance ZESTUSDTlong+0.0436%4h0.1486long leg$5.7M$1.6M10x
BingX ZEST-USDT+0.0894%4h0.1486−0.002%$728Kas long as short
Bitget ZESTUSDT+0.0962%4h0.1487+0.025%$1.0M$213K10xas long as short