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−0.0270%/8h= −29.6% APRnext payment $1.35 per $10,000 · paid last 24h −0.069%
Price spread now: Aster against BingX−0.091%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1931.931% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.091%−$9 on $10k
Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.091%, 7d avg −0.106%
Together, before fees−0.249%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.091% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.35 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
LongBingX ZEST-USDT0.14990.0370pay 0.0185% / 4h3h 32m$745K
ShortAster ZESTUSDT0.14980.0100get 0.0050% / 4h3h 32m$195K$49K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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
−$56.7
Price spread: −0.091% → −0.106%
$1.48
Slippage, 4 orders
−$175.13
Fee BingX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$248.35
Costs to cover
1.931%
Break-even
never at this rate
Slippage from BingX: live order book, 71 min ago; Aster: live order book, 19 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 BingX live order book, 71 min ago6.32 bp55.7 bp −$56331.7 bp −$3,317doesn't fitdoesn't fit
Sell Aster live order book, 19 min ago6.98 bp55.8 bp −$56doesn'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
BloFin ZEST-USDT+0.0088%4h0.1499−0.060%$304K$16K10xas long as short
Aster ZESTUSDTshort+0.0100%4h0.1498−0.091%$195K$49K5x
Binance ZESTUSDT+0.0100%4h0.1499−0.040%$5.8M$1.5M10xas long as short
Bybit ZESTUSDT+0.0100%4h0.1496−0.227%$946K$479K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1498−0.120%$803K$52K10xas long as short
MEXC ZEST_USDT+0.0100%4h0.1499−0.033%$9.6M$104K20xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1499−0.040%$1.5M$501K10xas long as short
Bitget ZESTUSDT+0.0322%4h0.1499−0.047%$975K$232K10xas long as short
BingX ZEST-USDTlong+0.0370%4h0.1499long leg$745K