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+0.0292%/8h= +31.9% APRnext payment +$1.46 per $10,000 · paid last 24h −0.074%
Price spread now: Bitget against BloFin−0.007%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1411.413% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.609%−$61 on $10k
Price spread, last 3 days (all we have)−0.247%−$25 · spread now −0.007%, 7d avg −0.026%
Together, before fees−0.856%−$86 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.609%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEST-USDT0.14840.0398pay 0.0199% / 4h1h 22m$297K$15K10x
ShortBitget ZESTUSDT0.14840.0690get 0.0345% / 4h1h 22m$997K$210K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$61.25
Price spread: −0.007% → −0.026%
$1.94
Slippage, 4 orders
−$117.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$78.09
Costs to cover
1.413%
Break-even
15.9 days
Slippage from BloFin: live order book, 54 min ago; Bitget: live order book, 58 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 BloFin live order book, 54 min ago4.37 bp17.2 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 58 min ago7.06 bp46.1 bp −$46545.8 bp −$5,458doesn'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%4h0.1483−0.074%$923K$396K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1482−0.141%$790K$48K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1484+0.013%$1.5M$447K10xas long as short
Aster ZESTUSDT+0.0222%4h0.1483−0.054%$191K$45K5xas long as short
MEXC ZEST_USDT+0.0360%4h0.1485+0.074%$9.5M$102K20xas long as short
Binance ZESTUSDT+0.0361%4h0.1484+0.013%$5.7M$1.6M10xas long as short
BloFin ZEST-USDTlong+0.0398%4h0.1484long leg$297K$15K10x
BingX ZEST-USDT+0.0660%4h0.1485+0.047%$732Kas long as short
Bitget ZESTUSDTshort+0.0690%4h0.1484−0.007%$997K$210K10x