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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.019%
Price spread now: Bybit against KuCoin−0.060%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,075as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,097as in the Price arb table
costs, in and out, $10k−$2,09520.954% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.203%+$20 on $10k
Price spread, last 4 days (all we have)+0.287%+$29 · spread now −0.060%, 7d avg −0.046%
Together, before fees+0.490%+$49 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZESTUSDTM0.14930.0100pay 0.0050% / 4h1h 27m$1.5M$492K10x
ShortBybit ZESTUSDT0.14920.0100get 0.0050% / 4h1h 27m$937K$486K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.060% → −0.046%
−$1.44
Slippage, 4 orders
−$2,072.41
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$2,096.85
Costs to cover
20.954%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 33 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, 8 min ago9.38 bp855.2 bp −$855doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 33 min ago6.69 bp150.5 bp −$151doesn'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%4h0.1492−0.060%$937K$486K10x
Gate ZEST_USDT+0.0100%4h0.1492−0.074%$802K$57K10xas long as short
KuCoin ZESTUSDTMlong+0.0100%4h0.1493long leg$1.5M$492K10x
Aster ZESTUSDT+0.0323%4h0.1494+0.067%$195K$50K5xas long as short
MEXC ZEST_USDT+0.0394%4h0.1494+0.100%$9.6M$104K20xas long as short
Binance ZESTUSDT+0.0395%4h0.1493+0.027%$5.8M$1.6M10xas long as short
BloFin ZEST-USDT+0.0427%4h0.1494+0.054%$303K$17K10xas long as short
BingX ZEST-USDT+0.0616%4h0.1492−0.047%$746Kas long as short
Bitget ZESTUSDT+0.0674%4h0.1494+0.074%$975K$241K10xas long as short