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−0.0458%/8h= −50.1% APRnext payment $2.29 per $10,000 · paid last 24h +0.070%
Price spread now: Binance against Bitget−0.021%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$191as in the Price arb table
costs, in and out, $10k−$1881.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.601%+$60 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.021%, 7d avg +0.003%
Together, before fees+0.636%+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.023% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.003%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.601%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZESTUSDT0.14860.0916pay 0.0458% / 4h2h 11m$999K$209K10x
ShortBinance ZESTUSDT0.14860.0458get 0.0229% / 4h2h 11m$5.7M$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
−$96.08
Price spread: −0.021% → +0.003%
−$2.32
Slippage, 4 orders
−$166.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$286.82
Costs to cover
1.884%
Break-even
never at this rate
Slippage from Bitget: live order book, 10 min ago; Binance: live order book, 12 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 Bitget live order book, 10 min ago7.06 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago4.37 bp40.4 bp −$40357.8 bp −$3,578doesn'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%4h0.1484−0.135%$925K$390K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1484−0.162%$793K$47K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1485−0.074%$1.5M$465K10xas long as short
Aster ZESTUSDT+0.0262%4h0.1485−0.047%$191K$44K5xas long as short
Binance ZESTUSDTshort+0.0458%4h0.1486−0.021%$5.7M$1.6M10x
BloFin ZEST-USDT+0.0462%4h0.1487+0.087%$298K$15K10xas long as short
MEXC ZEST_USDT+0.0466%4h0.1486−0.020%$9.5M$90K20xas long as short
BingX ZEST-USDT+0.0876%4h0.1485−0.094%$732Kas long as short
Bitget ZESTUSDTlong+0.0916%4h0.1486long leg$999K$209K10x