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+0.0336%/8h= +36.8% APRnext payment +$1.68 per $10,000 · paid last 24h +0.129%
Price spread now: Binance against KuCoin+0.169%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,723as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,775as in the Price arb table
costs, in and out, $10k−$1,78617.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.634%+$63 on $10k
Price spread, last 7 days−0.093%−$9 · spread now +0.169%, 7d avg +0.056%
Together, before fees+0.541%+$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.113% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZESTUSDTM0.14830.0100pay 0.0050% / 4h2h 01m$1.5M$467K10x
ShortBinance ZESTUSDT0.14860.0436get 0.0218% / 4h2h 01m$5.7M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$70.51
Price spread: +0.169% → +0.056%
$11.3
Slippage, 4 orders
−$1,764.21
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,704.4
Costs to cover
17.862%
Break-even
176.2 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 7 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 KuCoin live order book, 4 min ago16.14 bp823.5 bp −$824doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago5.38 bp36.7 bp −$37346.9 bp −$3,469doesn'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%4h0.1484+0.040%$925K$392K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1482−0.081%$791K$48K10xas long as short
KuCoin ZESTUSDTMlong+0.0100%4h0.1483long leg$1.5M$467K10x
Aster ZESTUSDT+0.0250%4h0.1485+0.103%$191K$44K5xas long as short
Binance ZESTUSDTshort+0.0436%4h0.1486+0.169%$5.7M$1.6M10x
MEXC ZEST_USDT+0.0442%4h0.1486+0.162%$9.5M$102K20xas long as short
BloFin ZEST-USDT+0.0476%4h0.1485+0.128%$298K$15K10xas long as short
BingX ZEST-USDT+0.0850%4h0.1485+0.115%$732Kas long as short
Bitget ZESTUSDT+0.0872%4h0.1485+0.121%$998K$210K10xas long as short