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+0.0053%/8h= +5.8% APRnext payment +$0.26 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against MEXC+0.107%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1181.184% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.107%, 7d avg +0.012%
Together, before fees+0.169%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.095% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEST_USDT0.14990.0200pay 0.0100% / 4h3h 06m$9.6M$105K20x
ShortBloFin ZEST-USDT0.15010.0253get 0.0126% / 4h3h 06m$304K$16K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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
$11.05
Price spread: +0.107% → +0.012%
$9.51
Slippage, 4 orders
−$102.43
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$97.87
Costs to cover
1.184%
Break-even
69.0 days
Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 23 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 MEXC live order book, 1 min ago3.67 bp19.2 bp −$1977.8 bp −$778489.6 bp −$49.0Kdoesn't fit
Sell BloFin live order book, 23 min ago3.99 bp47.3 bp −$47doesn'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%4h0.1496−0.200%$946K$414K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1499+0.013%$804K$53K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1498−0.067%$1.5M$496K10xas long as short
Aster ZESTUSDT+0.0124%4h0.1498−0.040%$195K$48K5xas long as short
MEXC ZEST_USDTlong+0.0200%4h0.1499long leg$9.6M$105K20x
Binance ZESTUSDT+0.0201%4h0.1499+0.003%$5.8M$1.3M10xas long as short
BloFin ZEST-USDTshort+0.0253%4h0.1501+0.107%$304K$16K10x
BingX ZEST-USDT+0.0460%4h0.1498−0.060%$747Kas long as short
Bitget ZESTUSDT+0.0498%4h0.1500+0.067%$975K$193K10xas long as short