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−0.0488%/8h= −53.4% APRnext payment $2.44 per $10,000 · paid last 24h −0.080%
Price spread now: KuCoin against Bitget+0.080%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,917as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,895as in the Price arb table
costs, in and out, $10k−$1,91019.101% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.080%, 7d avg −0.073%
Together, before fees−0.205%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.153% dearer against Bitget than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of −0.073%): +$15 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.065% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.44 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 ZESTUSDT0.15010.0588pay 0.0294% / 4h40m 08s$978K$241K10x
ShortKuCoin ZESTUSDTM0.15030.0100get 0.0050% / 4h40m 08s$1.5M$501K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$102.48
Price spread: +0.080% → −0.073%
$15.33
Slippage, 4 orders
−$1,886.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,997.26
Costs to cover
19.101%
Break-even
never at this rate
Slippage from Bitget: live order book, 16 min ago; KuCoin: live order book, 6 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, 16 min ago7.01 bp44.4 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago13.98 bp1065.0 bp −$1,065doesn'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
BloFin ZEST-USDT+0.0100%4h0.1502+0.047%$304K$17K10xas long as short
Bybit ZESTUSDT+0.0100%4h0.1502+0.040%$943K$478K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1499−0.147%$805K$57K10xas long as short
KuCoin ZESTUSDTMshort+0.0100%4h0.1503+0.080%$1.5M$501K10x
Aster ZESTUSDT+0.0104%4h0.1502+0.072%$196K$50K5xas long as short
MEXC ZEST_USDT+0.0152%4h0.1503+0.107%$9.6M$103K20xas long as short
Binance ZESTUSDT+0.0153%4h0.1503+0.099%$5.8M$1.6M10xas long as short
BingX ZEST-USDT+0.0550%4h0.1502+0.033%$749Kas long as short
Bitget ZESTUSDTlong+0.0588%4h0.1501long leg$978K$241K10x