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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.007%7-day average −0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5,214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,174as in the Price arb table
costs, in and out, $10k−$5,18551.848% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.289%−$29 on $10k
Price spread, last 4 days (all we have)−0.530%−$53 · spread now +0.007%, 7d avg −0.101%
Together, before fees−0.819%−$82 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.107% dearer against Bybit than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZESTUSDT0.14830.0100pay 0.0050% / 4h2h 50m$924K$400K10x
ShortGate ZEST_USDT0.14830.0100get 0.0050% / 4h2h 50m$792K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$0
Price spread: +0.007% → −0.101%
$10.74
Slippage, 4 orders
−$5,158.8
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$5,174.06
Costs to cover
51.848%
Break-even
never at this rate
Slippage from Bybit: live order book, 35 min ago; Gate: live order book, 36 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 Bybit live order book, 35 min ago10.08 bp202.5 bp −$2024573.7 bp −$45.7Kdoesn't fitdoesn't fit
Sell Gate live order book, 36 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 ZESTUSDTlong+0.0100%4h0.1483long leg$924K$400K10x
Gate ZEST_USDTshort+0.0100%4h0.1483+0.007%$792K$46K10x
KuCoin ZESTUSDTM+0.0100%4h0.1483+0.027%$1.5M$463K10xas long as short
Aster ZESTUSDT+0.0244%4h0.1485+0.155%$191K$45K5xas long as short
MEXC ZEST_USDT+0.0436%4h0.1485+0.128%$9.5M$88K20xas long as short
Binance ZESTUSDT+0.0437%4h0.1484+0.081%$5.7M$1.6M10xas long as short
BloFin ZEST-USDT+0.0496%4h0.1487+0.270%$298K$15K10xas long as short
BingX ZEST-USDT+0.0920%4h0.1484+0.081%$730Kas long as short
Bitget ZESTUSDT+0.0974%4h0.1486+0.175%$999K$213K10xas long as short