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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0594%/8h= +65.0% APRnext payment +$2.97 per $10,000 · paid last 24h +0.113%
Price spread now: MEXC against Gate+0.351%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,451as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,511as in the Price arb table
costs, in and out, $10k−$4,52445.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.727%+$73 on $10k
Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.351%, 7d avg +0.227%
Together, before fees+0.537%+$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and MEXC is 0.124% dearer against Gate than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.227%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.15100.0100pay 0.0050% / 4h2h 27m$805K$48K10x
ShortMEXC ZEST_USDT0.15150.0694get 0.0347% / 4h2h 27m$9.7M$103K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$124.74
Price spread: +0.351% → +0.227%
$12.37
Slippage, 4 orders
−$4,504.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$4,386.65
Costs to cover
45.238%
Break-even
253.2 days
Slippage from Gate: live order book, 39 min ago; MEXC: 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, 39 min ago16.38 bp3190.3 bp −$3,190doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago1.65 bp39.5 bp −$4065.7 bp −$657356.0 bp −$35.6Kdoesn't fit

ZEST on 8 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%4h0.1512+0.159%$922K$463K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1510long leg$805K$48K10x
KuCoin ZESTUSDTM+0.0276%4h0.1513+0.245%$1.5M$473K10xas long as short
MEXC ZEST_USDTshort+0.0694%4h0.1515+0.351%$9.7M$103K20x
Binance ZESTUSDT+0.0713%4h0.1515+0.345%$5.9M$1.6M10xas long as short
Aster ZESTUSDT+0.0736%4h0.1514+0.278%$198K$51K5xas long as short
BingX ZEST-USDT+0.0742%4h0.1514+0.291%$744Kas long as short
Bitget ZESTUSDT+0.0824%4h0.1513+0.252%$986K$231K10xas long as short