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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Gate+0.094%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,995as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,080as in the Price arb table
costs, in and out, $10k−$4,06840.677% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.726%+$73 on $10k
Price spread, last 4 days (all we have)+0.105%+$11 · spread now +0.094%, 7d avg +0.222%
Together, before fees+0.831%+$83 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.128% cheaper against Gate than usual: you would sell low and buy high (spread +0.094% now, against its 7-day average of +0.222%). If the spread goes back, that is −$13 on $10k: about 6.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.726% in total) that is about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.14880.0100pay 0.0050% / 4h2h 41m$795K$51K10x
ShortBinance ZESTUSDT0.14890.0170get 0.0085% / 4h2h 41m$5.8M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$14.72
Price spread: +0.094% → +0.222%
−$12.76
Slippage, 4 orders
−$4,042.68
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4,065.72
Costs to cover
40.677%
Break-even
1940.3 days
Slippage from Gate: live order book, 5 min ago; Binance: live order book, 11 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 Gate live order book, 5 min ago8.03 bp2310.9 bp −$2,311doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 11 min ago4.00 bp46.8 bp −$47355.6 bp −$3,556doesn'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
Aster ZESTUSDT+0.0100%4h0.1489+0.099%$194K$47K5xas long as short
Bybit ZESTUSDT+0.0100%4h0.1486−0.121%$940K$409K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1488long leg$795K$51K10x
KuCoin ZESTUSDTM+0.0100%4h0.1490+0.128%$1.5M$501K10xas long as short
Binance ZESTUSDTshort+0.0170%4h0.1489+0.094%$5.8M$1.2M10x
MEXC ZEST_USDT+0.0176%4h0.1490+0.155%$9.5M$99K20xas long as short
BloFin ZEST-USDT+0.0210%4h0.1491+0.242%$302K$15K10xas long as short
BingX ZEST-USDT+0.0440%4h0.1489+0.054%$750Kas long as short
Bitget ZESTUSDT+0.0450%4h0.1490+0.121%$937K$193K10xas long as short