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

ZEST

all ZEST markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0736%/8h= −80.6% APRnext payment $3.68 per $10,000 · paid last 24h −0.061%
Price spread now: Bybit against Aster−0.021%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$641as in the Price arb table
costs, in and out, $10k−$6386.377% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.363%−$36 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.021%, 7d avg +0.011%
Together, before fees−0.207%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bybit is 0.032% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.363% in total (about -23.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZESTUSDT0.14310.0836pay 0.0418% / 4h3h 53m$182K$55K5x
ShortBybit ZESTUSDT0.14310.0100get 0.0050% / 4h3h 53m$971K$586K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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
−$154.55
Price spread: −0.021% → +0.011%
−$3.21
Slippage, 4 orders
−$618.67
Fee Aster: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$795.43
Costs to cover
6.377%
Break-even
never at this rate
Slippage from Aster: live order book, 43 min ago; Bybit: live order book, 42 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 Aster live order book, 43 min ago5.32 bp41.0 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 42 min ago14.18 bp222.9 bp −$223doesn'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%4h0.1431−0.021%$971K$586K10x
Gate ZEST_USDT+0.0100%4h0.1430−0.084%$754K$77K10xas long as short
KuCoin ZESTUSDTM+0.0190%4h0.1429−0.147%$1.5M$569K10xas long as short
MEXC ZEST_USDT+0.0618%4h0.1434+0.154%$9.2M$115K20xas long as short
Binance ZESTUSDT+0.0655%4h0.1433+0.137%$5.5M$2.1M10xas long as short
BloFin ZEST-USDT+0.0715%4h0.1431−0.028%$288K$18K10xas long as short
BingX ZEST-USDT+0.0754%4h0.1433+0.105%$752Kas long as short
Aster ZESTUSDTlong+0.0836%4h0.1431long leg$182K$55K5x
Bitget ZESTUSDT+0.0940%4h0.1433+0.112%$935K$358K10xas long as short