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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.1240%/8hnext payment $6.20 per $10,000 · paid last 24h −0.044%
Price spread now: Gate against Bitget−0.115%7-day average −0.224% · you buy dearer than you sell
to open and close $10k−$3,987fees + slippage, both legs, in and out
costs, in % of the position39.867%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 3 days (all we have)−0.063%−$6 · spread now −0.115%, 7d avg −0.224%
Together, before fees−0.136%−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.110% dearer against Bitget than usual: you sell high and buy low (spread −0.115% now, against its 7-day average of −0.224%): +$11 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.073% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZESTUSDT0.14830.1340pay 0.0670% / 4h35m 06s$999K$207K10x
ShortGate ZEST_USDT0.14820.0100get 0.0050% / 4h35m 06s$790K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$260.4
Price spread: −0.115% → −0.224%
$10.98
Slippage, 4 orders
−$3,959.69
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$4,236.11
Costs to cover
39.867%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 4 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, 3 min ago4.04 bp52.0 bp −$52doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 4 min ago28.67 bp1172.9 bp −$1,173doesn'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%4h0.1481−0.155%$924K$410K10xas long as short
Gate ZEST_USDTshort+0.0100%4h0.1482−0.115%$790K$46K10x
KuCoin ZESTUSDTM+0.0150%4h0.1482−0.094%$1.5M$486K10xas long as short
BloFin ZEST-USDT+0.0396%4h0.1484+0.067%$302K$15K10xas long as short
MEXC ZEST_USDT+0.0450%4h0.1484+0.067%$9.5M$89K20xas long as short
Binance ZESTUSDT+0.0452%4h0.1484+0.061%$5.7M$1.5M10xas long as short
Aster ZESTUSDT+0.0501%4h0.1485+0.138%$193K$45K5xas long as short
BingX ZEST-USDT+0.1244%4h0.1483−0.040%$730Kas long as short
Bitget ZESTUSDTlong+0.1340%4h0.1483long leg$999K$207K10x