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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.091%
Price spread now: Bitget against MEXC−0.028%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1781.783% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.518%−$52 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.028%, 7d avg −0.010%
Together, before fees−0.402%−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.518%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEST_USDT0.14490.1176pay 0.0588% / 4h1h 57m$9.3M$116K20x
ShortBitget ZESTUSDT0.14490.1252get 0.0626% / 4h1h 57m$954K$342K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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
$15.96
Price spread: −0.028% → −0.010%
−$1.81
Slippage, 4 orders
−$162.32
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$164.17
Costs to cover
1.783%
Break-even
79.0 days
Slippage from MEXC: live order book, 3 min ago; Bitget: 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 MEXC live order book, 3 min ago2.07 bp42.2 bp −$4281.5 bp −$815546.9 bp −$54.7Kdoesn't fit
Sell Bitget live order book, 51 min ago12.45 bp47.9 bp −$48229.0 bp −$2,290doesn't fitdoesn't fit

ZEST on 9 exchanges

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%4h0.1446−0.221%$976K$558K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1445−0.311%$762K$75K10xas long as short
KuCoin ZESTUSDTM+0.0390%4h0.1448−0.083%$1.5M$692K10xas long as short
Aster ZESTUSDT+0.1129%4h0.1446−0.232%$184K$55K5xas long as short
BingX ZEST-USDT+0.1170%4h0.1448−0.104%$748Kas long as short
MEXC ZEST_USDTlong+0.1176%4h0.1449long leg$9.3M$116K20x
Binance ZESTUSDT+0.1188%4h0.1449−0.007%$5.5M$2.1M10xas long as short
BloFin ZEST-USDT+0.1194%4h0.1448−0.090%$295K$19K10xas long as short
Bitget ZESTUSDTshort+0.1252%4h0.1449−0.028%$954K$342K10x