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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0441%/8h= −48.3% APRnext payment $2.20 per $10,000 · paid last 24h −0.092%
Price spread now: KuCoin against BloFin−0.067%7-day average −0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,875as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,806as in the Price arb table
costs, in and out, $10k−$1,81018.099% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.652%−$65 on $10k
Price spread, last 3 days (all we have)−0.143%−$14 · spread now −0.067%, 7d avg −0.110%
Together, before fees−0.795%−$80 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.043% dearer against BloFin than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.110%): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEST-USDT0.14940.0541pay 0.0270% / 4h3h 22m$299K$16K10x
ShortKuCoin ZESTUSDTM0.14940.0100get 0.0050% / 4h3h 22m$1.5M$469K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
−$92.6
Price spread: −0.067% → −0.110%
$4.27
Slippage, 4 orders
−$1,785.89
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,898.22
Costs to cover
18.099%
Break-even
never at this rate
Slippage from BloFin: live order book, 44 min ago; KuCoin: live order book, 3 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 BloFin live order book, 44 min ago2.36 bp23.7 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.69 bp920.9 bp −$921doesn'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%4h0.1491−0.234%$932K$444K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1490−0.274%$795K$48K10xas long as short
KuCoin ZESTUSDTMshort+0.0100%4h0.1494−0.067%$1.5M$469K10x
BloFin ZEST-USDTlong+0.0541%4h0.1494long leg$299K$16K10x
Aster ZESTUSDT+0.0578%4h0.1494−0.040%$195K$48K5xas long as short
MEXC ZEST_USDT+0.0588%4h0.1495+0.060%$9.6M$103K20xas long as short
Binance ZESTUSDT+0.0594%4h0.1495+0.033%$5.8M$1.5M10xas long as short
BingX ZEST-USDT+0.0660%4h0.1494−0.047%$739Kas long as short
Bitget ZESTUSDT+0.0694%4h0.1494−0.067%$986K$224K10xas long as short