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

ZEST

all ZEST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0312%/8h= −34.2% APRnext payment $1.56 per $10,000 · paid last 24h −0.119%
Price spread now: KuCoin against BingX−0.267%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,997as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,941as in the Price arb table
costs, in and out, $10k−$1,91819.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.788%−$79 on $10k
Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.267%, 7d avg −0.042%
Together, before fees−0.579%−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.225% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEST-USDT0.14990.0412pay 0.0206% / 4h2h 36m$748K
ShortKuCoin ZESTUSDTM0.14950.0100get 0.0050% / 4h2h 36m$1.5M$504K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$65.52
Price spread: −0.267% → −0.042%
−$22.52
Slippage, 4 orders
−$1,896
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$2,006.05
Costs to cover
19.180%
Break-even
never at this rate
Slippage from BingX: live order book, 53 min ago; KuCoin: live order book, 5 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, 53 min ago8.33 bp57.4 bp −$57343.6 bp −$3,436doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago11.41 bp875.9 bp −$876doesn'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%4h0.1494−0.340%$304K$15K10xas long as short
Aster ZESTUSDT+0.0100%4h0.1496−0.212%$195K$47K5xas long as short
Bybit ZESTUSDT+0.0100%4h0.1493−0.414%$944K$408K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1494−0.340%$799K$51K10xas long as short
KuCoin ZESTUSDTMshort+0.0100%4h0.1495−0.267%$1.5M$504K10x
MEXC ZEST_USDT+0.0148%4h0.1498−0.087%$9.6M$100K20xas long as short
Binance ZESTUSDT+0.0164%4h0.1498−0.059%$5.8M$1.2M10xas long as short
BingX ZEST-USDTlong+0.0412%4h0.1499long leg$748K
Bitget ZESTUSDT+0.0458%4h0.1499−0.040%$941K$192K10xas long as short