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+0.0566%/8h= +62.0% APRnext payment +$2.83 per $10,000 · paid last 24h +0.138%
Price spread now: BingX against KuCoin+0.067%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,760as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,836as in the Price arb table
costs, in and out, $10k−$1,83818.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.774%+$77 on $10k
Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.067%, 7d avg +0.046%
Together, before fees+0.734%+$73 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BingX is 0.021% dearer against KuCoin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.046%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZESTUSDTM0.14850.0100pay 0.0050% / 4h3h 37m$1.5M$464K10x
ShortBingX ZEST-USDT0.14860.0666get 0.0333% / 4h3h 37m$738K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$118.94
Price spread: +0.067% → +0.046%
$2.14
Slippage, 4 orders
−$1,815.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$1,716.78
Costs to cover
18.379%
Break-even
108.0 days
Slippage from KuCoin: live order book, 8 min ago; BingX: live order book, 51 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, 8 min ago7.75 bp843.7 bp −$844doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 51 min ago3.71 bp52.1 bp −$52215.3 bp −$2,153doesn'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%4h0.1484−0.061%$928K$445K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1485+0.020%$792K$48K10xas long as short
KuCoin ZESTUSDTMlong+0.0100%4h0.1485long leg$1.5M$464K10x
Aster ZESTUSDT+0.0391%4h0.1485−0.020%$193K$47K5xas long as short
BloFin ZEST-USDT+0.0398%4h0.1484−0.054%$297K$16K10xas long as short
MEXC ZEST_USDT+0.0432%4h0.1486+0.067%$9.5M$103K20xas long as short
Binance ZESTUSDT+0.0448%4h0.1487+0.128%$5.7M$1.6M10xas long as short
BingX ZEST-USDTshort+0.0666%4h0.1486+0.067%$738K
Bitget ZESTUSDT+0.0704%4h0.1486+0.094%$981K$224K10xas long as short