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−0.0525%/8h= −57.5% APRnext payment $2.62 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against Bitget+0.005%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1501.501% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.601%+$60 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now +0.005%, 7d avg +0.003%
Together, before fees+0.781%+$78 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.601%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZESTUSDT0.14880.0954pay 0.0477% / 4h2h 57m$1.0M$212K10x
ShortBinance ZESTUSDT0.14880.0429get 0.0215% / 4h2h 57m$5.8M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
−$110.19
Price spread: +0.005% → +0.003%
$0.21
Slippage, 4 orders
−$128.08
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$260.06
Costs to cover
1.501%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 10 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 Bitget live order book, 3 min ago6.71 bp38.1 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago4.36 bp36.2 bp −$36338.4 bp −$3,384doesn'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%4h0.1486−0.141%$926K$400K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1483−0.323%$793K$46K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1489+0.067%$1.5M$465K10xas long as short
Aster ZESTUSDT+0.0244%4h0.1489+0.093%$192K$45K5xas long as short
BloFin ZEST-USDT+0.0387%4h0.1490+0.141%$298K$15K10xas long as short
MEXC ZEST_USDT+0.0412%4h0.1488+0.007%$9.5M$88K20xas long as short
Binance ZESTUSDTshort+0.0429%4h0.1488+0.005%$5.8M$1.6M10x
BingX ZEST-USDT+0.0894%4h0.1487−0.060%$727Kas long as short
Bitget ZESTUSDTlong+0.0954%4h0.1488long leg$1.0M$212K10x