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+0.0337%/8h= +36.9% APRnext payment +$1.68 per $10,000 · paid last 24h +0.152%
Price spread now: BloFin against Gate+0.230%78s7-day average +0.255% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,184as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3,25632.564% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.725%+$72 on $10k
Price spread, last 3 days (all we have)+0.115%+$12 · spread now +0.230%, 7d avg +0.255%
Together, before fees+0.840%+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.026% cheaper against Gate than usual: you would sell low and buy high (spread +0.230% now, against its 7-day average of +0.255%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$10 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.14810.0100pay 0.0050% / 4h5m 45s$790K$49K10x
ShortBloFin ZEST-USDT0.14840.0437get 0.0218% / 4h5m 45s$297K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$70.72
Price spread: +0.230% → +0.255%
−$2.56
Slippage, 4 orders
−$3,229.44
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$3,188.28
Costs to cover
32.564%
Break-even
322.6 days
Slippage from Gate: live order book, 6 min ago; BloFin: live order book, 1 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, 6 min ago11.47 bp1705.3 bp −$1,705doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 1 min ago2.36 bp37.5 bp −$38doesn'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 ZESTUSDT+0.0100%4h0.1482+0.095%$927K$446K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1481long leg$790K$49K10x
KuCoin ZESTUSDTM+0.0100%4h0.1484+0.209%$1.5M$455K10xas long as short
Aster ZESTUSDT+0.0330%4h0.1480−0.040%$193K$49K5xas long as short
MEXC ZEST_USDT+0.0414%4h0.1484+0.230%$9.5M$105K20xas long as short
Binance ZESTUSDT+0.0417%4h0.1484+0.257%$5.7M$1.6M10xas long as short
BloFin ZEST-USDTshort+0.0437%4h0.1484+0.230%$297K$15K10x
BingX ZEST-USDT+0.0664%4h0.1485+0.270%$739Kas long as short
Bitget ZESTUSDT+0.0698%4h0.1483+0.155%$979K$226K10xas long as short