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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Gate−0.013%7-day average +0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$5,959as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,983as in the Price arb table
costs, in and out, $10k−$5,96759.675% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.083%+$8 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.013%, 7d avg +0.142%
Together, before fees+0.338%+$34 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: KuCoin is 0.155% cheaper against Gate than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.142%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.14990.0100pay 0.0050% / 4h46m 04s$805K$57K10x
ShortKuCoin ZESTUSDTM0.14980.0100get 0.0050% / 4h46m 04s$1.5M$499K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.013% → +0.142%
−$15.5
Slippage, 4 orders
−$5,940.47
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5,982.97
Costs to cover
59.675%
Break-even
never at this rate
Slippage from Gate: live order book, 11 min ago; KuCoin: live order book, 5 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, 11 min ago14.36 bp2592.7 bp −$2,593doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago13.33 bp1061.4 bp −$1,061doesn'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
Aster ZESTUSDT+0.0100%4h0.1500+0.084%$196K$49K5xas long as short
Bybit ZESTUSDT+0.0100%4h0.1496−0.167%$940K$478K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1499long leg$805K$57K10x
KuCoin ZESTUSDTMshort+0.0100%4h0.1498−0.013%$1.5M$499K10x
Binance ZESTUSDT+0.0164%4h0.1500+0.116%$5.8M$1.6M10xas long as short
MEXC ZEST_USDT+0.0172%4h0.1500+0.127%$9.6M$103K20xas long as short
BloFin ZEST-USDT+0.0228%4h0.1499+0.040%$304K$17K10xas long as short
BingX ZEST-USDT+0.0566%4h0.1500+0.093%$747Kas long as short
Bitget ZESTUSDT+0.0584%4h0.1500+0.087%$977K$241K10xas long as short