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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.43 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against KuCoin−0.033%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,924as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,998as in the Price arb table
costs, in and out, $10k−$1,98919.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.647%+$65 on $10k
Price spread, last 7 days+0.102%+$10 · spread now −0.033%, 7d avg +0.054%
Together, before fees+0.749%+$75 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.054%). If the spread goes back, that is −$9 on $10k: about 3.4 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.647% in total) that is about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZESTUSDTM0.15020.0100pay 0.0050% / 4h3h 16m$1.5M$492K10x
ShortBinance ZESTUSDT0.15020.0185get 0.0093% / 4h3h 16m$5.8M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$17.88
Price spread: −0.033% → +0.054%
−$8.76
Slippage, 4 orders
−$1,966.77
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,979.65
Costs to cover
19.888%
Break-even
782.1 days
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 7 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 KuCoin live order book, 4 min ago10.31 bp862.5 bp −$863doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago1.33 bp40.4 bp −$40353.1 bp −$3,531doesn'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
Aster ZESTUSDT+0.0100%4h0.1502−0.022%$195K$48K5xas long as short
Bybit ZESTUSDT+0.0100%4h0.1499−0.200%$948K$418K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1498−0.280%$803K$53K10xas long as short
KuCoin ZESTUSDTMlong+0.0100%4h0.1502long leg$1.5M$492K10x
MEXC ZEST_USDT+0.0170%4h0.15020.000%$9.6M$105K20xas long as short
Binance ZESTUSDTshort+0.0185%4h0.1502−0.033%$5.8M$1.3M10x
BloFin ZEST-USDT+0.0230%4h0.15020.000%$303K$16K10xas long as short
BingX ZEST-USDT+0.0412%4h0.1501−0.073%$747Kas long as short
Bitget ZESTUSDT+0.0464%4h0.1502+0.033%$976K$196K10xas long as short