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−0.0781%/8h= −85.5% APRnext payment $3.91 per $10,000 · paid last 24h −0.181%
Price spread now: Gate against BingX−0.276%7-day average −0.188% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,897as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,822as in the Price arb table
costs, in and out, $10k−$4,81348.135% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.834%−$83 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.276%, 7d avg −0.188%
Together, before fees−0.813%−$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.087% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.188%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEST-USDT0.14870.0881pay 0.0441% / 4h2h 58m$727K
ShortGate ZEST_USDT0.14830.0100get 0.0050% / 4h2h 58m$793K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$164.05
Price spread: −0.276% → −0.188%
−$8.75
Slippage, 4 orders
−$4,788.49
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$4,986.29
Costs to cover
48.135%
Break-even
never at this rate
Slippage from BingX: live order book, 65 min ago; Gate: live order book, 28 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, 65 min ago8.80 bp58.7 bp −$59425.7 bp −$4,257doesn't fitdoesn't fit
Sell Gate live order book, 28 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%4h0.1486−0.081%$926K$400K10xas long as short
Gate ZEST_USDTshort+0.0100%4h0.1483−0.276%$793K$46K10x
KuCoin ZESTUSDTM+0.0100%4h0.1489+0.121%$1.5M$465K10xas long as short
Aster ZESTUSDT+0.0244%4h0.1490+0.160%$192K$45K5xas long as short
BloFin ZEST-USDT+0.0387%4h0.1490+0.202%$298K$15K10xas long as short
MEXC ZEST_USDT+0.0412%4h0.1488+0.074%$9.5M$88K20xas long as short
Binance ZESTUSDT+0.0429%4h0.1488+0.040%$5.8M$1.6M10xas long as short
BingX ZEST-USDTlong+0.0881%4h0.1487long leg$727K
Bitget ZESTUSDT+0.0954%4h0.1489+0.108%$1.0M$212K10xas long as short