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

ZEST

all ZEST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.1% APRnext payment +$1.15 per $10,000 · paid last 24h +0.091%
Price spread now: BloFin against KuCoin−0.013%7-day average +0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,900as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,977as in the Price arb table
costs, in and out, $10k−$1,96519.649% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.650%+$65 on $10k
Price spread, last 4 days (all we have)+0.838%+$84 · spread now −0.013%, 7d avg +0.109%
Together, before fees+1.488%+$149 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.123% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.109%). If the spread goes back, that is −$12 on $10k: about 43 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZESTUSDTM0.15000.0100pay 0.0050% / 4h1h 08m$1.5M$497K10x
ShortBloFin ZEST-USDT0.14990.0330get 0.0165% / 4h1h 08m$302K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$48.23
Price spread: −0.013% → +0.109%
−$12.27
Slippage, 4 orders
−$1,940.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$1,928.97
Costs to cover
19.649%
Break-even
287.0 days
Slippage from KuCoin: live order book, 7 min ago; BloFin: live order book, 31 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, 7 min ago10.67 bp894.4 bp −$894doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 31 min ago3.35 bp46.6 bp −$47doesn'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%4h0.1498−0.107%$940K$478K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1497−0.153%$805K$57K10xas long as short
KuCoin ZESTUSDTMlong+0.0100%4h0.1500long leg$1.5M$497K10x
Aster ZESTUSDT+0.0216%4h0.1499−0.019%$196K$49K5xas long as short
Binance ZESTUSDT+0.0289%4h0.1500+0.027%$5.8M$1.6M10xas long as short
MEXC ZEST_USDT+0.0292%4h0.1500+0.013%$9.6M$105K20xas long as short
BloFin ZEST-USDTshort+0.0330%4h0.1499−0.013%$302K$17K10x
Bitget ZESTUSDT+0.0624%4h0.1497−0.207%$975K$241K10xas long as short
BingX ZEST-USDT+0.0628%4h0.1499−0.007%$744Kas long as short