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−0.0348%/8h= −38.1% APRnext payment $1.74 per $10,000 · paid last 24h −0.094%
Price spread now: KuCoin against Binance−0.074%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,902as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,839as in the Price arb table
costs, in and out, $10k−$1,83718.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.648%−$65 on $10k
Price spread, last 7 days+0.001%$0 · spread now −0.074%, 7d avg −0.055%
Together, before fees−0.647%−$65 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZESTUSDT0.14870.0448pay 0.0224% / 4h3h 37m$5.7M$1.6M10x
ShortKuCoin ZESTUSDTM0.14860.0100get 0.0050% / 4h3h 37m$1.5M$464K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$73.14
Price spread: −0.074% → −0.055%
−$1.88
Slippage, 4 orders
−$1,815.48
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,912.5
Costs to cover
18.375%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; KuCoin: live order book, 9 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, 1 min ago3.36 bp38.7 bp −$39571.1 bp −$5,711doesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago7.75 bp902.5 bp −$903doesn'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%4h0.1485−0.134%$929K$445K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1485−0.121%$792K$48K10xas long as short
KuCoin ZESTUSDTMshort+0.0100%4h0.1486−0.074%$1.5M$464K10x
Aster ZESTUSDT+0.0391%4h0.1485−0.155%$193K$47K5xas long as short
MEXC ZEST_USDT+0.0432%4h0.1487−0.027%$9.5M$103K20xas long as short
Binance ZESTUSDTlong+0.0448%4h0.1487long leg$5.7M$1.6M10x
BloFin ZEST-USDT+0.0492%4h0.1486−0.074%$298K$16K10xas long as short
BingX ZEST-USDT+0.0664%4h0.1486−0.054%$739Kas long as short
Bitget ZESTUSDT+0.0704%4h0.1487−0.034%$981K$224K10xas long as short