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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.062%7-day average +0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7,979as in the Funding arb table
Net, price: spread back to 7d avg − costs−$8,010as in the Price arb table
costs, in and out, $10k−$8,00780.067% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.276%+$28 on $10k
Price spread, last 4 days (all we have)+0.461%+$46 · spread now +0.062%, 7d avg +0.091%
Together, before fees+0.737%+$74 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.029% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.14470.0100pay 0.0050% / 4h3h 01m$763K$79K10x
ShortBybit ZESTUSDT0.14480.0100get 0.0050% / 4h3h 01m$977K$587K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$0
Price spread: +0.062% → +0.091%
−$2.87
Slippage, 4 orders
−$7,980.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$8,009.54
Costs to cover
80.067%
Break-even
never at this rate
Slippage from Gate: live order book, 30 min ago; Bybit: live order book, 29 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 Gate live order book, 30 min ago20.17 bp5788.5 bp −$5,789doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 29 min ago6.95 bp191.1 bp −$191doesn'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 ZESTUSDTshort+0.0100%4h0.1448+0.062%$977K$587K10x
Gate ZEST_USDTlong+0.0100%4h0.1447long leg$763K$79K10x
KuCoin ZESTUSDTM+0.0276%4h0.1451+0.263%$1.5M$622K10xas long as short
BloFin ZEST-USDT+0.1060%4h0.1451+0.249%$291K$19K10xas long as short
MEXC ZEST_USDT+0.1068%4h0.1451+0.276%$9.3M$119K20xas long as short
Binance ZESTUSDT+0.1074%4h0.1452+0.352%$5.6M$2.2M10xas long as short
Aster ZESTUSDT+0.1139%4h0.1446−0.095%$184K$55K5xas long as short
BingX ZEST-USDT+0.1196%4h0.1450+0.207%$748Kas long as short
Bitget ZESTUSDT+0.1260%4h0.1452+0.339%$955K$369K10xas long as short