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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.134%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1181.185% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.134%, 7d avg +0.004%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.131% dearer against MEXC than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEST_USDT0.14140.0312pay 0.0156% / 4h38m 32s$9.1M$116K20x
ShortBloFin ZEST-USDT0.14160.0335get 0.0168% / 4h38m 32s$285K$17K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.86
Price spread: +0.134% → +0.004%
$13.06
Slippage, 4 orders
−$102.48
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$100.56
Costs to cover
1.185%
Break-even
151.8 days
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 41 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, 4 min ago3.51 bp41.5 bp −$4280.6 bp −$806440.5 bp −$44.1Kdoesn't fit
Sell BloFin live order book, 41 min ago2.65 bp23.8 bp −$24doesn'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%4h0.1411−0.205%$958K$576K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1411−0.191%$744K$76K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1416+0.134%$1.4M$560K10xas long as short
Aster ZESTUSDT+0.0299%4h0.1416+0.160%$180K$56K5xas long as short
MEXC ZEST_USDTlong+0.0312%4h0.1414long leg$9.1M$116K20x
Binance ZESTUSDT+0.0314%4h0.1415+0.105%$5.4M$2.0M10xas long as short
BloFin ZEST-USDTshort+0.0335%4h0.1416+0.134%$285K$17K10x
BingX ZEST-USDT+0.0366%4h0.1416+0.120%$751Kas long as short
Bitget ZESTUSDT+0.0414%4h0.1416+0.127%$928K$330K10xas long as short