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+0.0338%/8h= +37.0% APRnext payment +$1.69 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against Binance−0.058%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1691.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.557%−$56 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.058%, 7d avg −0.010%
Together, before fees−0.512%−$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.049% cheaper against Binance than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.010%). If the spread goes back, that is −$5 on $10k: about 12 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.557%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZESTUSDT0.15050.0126pay 0.0063% / 4h3h 52m$5.8M$1.6M10x
ShortBitget ZESTUSDT0.15040.0464get 0.0232% / 4h3h 52m$979K$238K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$70.93
Price spread: −0.058% → −0.010%
−$4.86
Slippage, 4 orders
−$146.52
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$102.46
Costs to cover
1.685%
Break-even
17.1 days
Slippage from Binance: live order book, 1 min ago; Bitget: live order book, 64 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 Binance live order book, 1 min ago3.65 bp36.4 bp −$36556.1 bp −$5,561doesn't fitdoesn't fit
Sell Bitget live order book, 64 min ago7.01 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%4h0.1503−0.111%$943K$479K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1503−0.085%$807K$52K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1505−0.012%$1.5M$504K10xas long as short
MEXC ZEST_USDT+0.0126%4h0.1505+0.002%$9.6M$103K20xas long as short
Binance ZESTUSDTlong+0.0126%4h0.1505long leg$5.8M$1.6M10x
Aster ZESTUSDT+0.0138%4h0.1504−0.049%$196K$50K5xas long as short
BloFin ZEST-USDT+0.0180%4h0.1504−0.018%$304K$17K10xas long as short
Bitget ZESTUSDTshort+0.0464%4h0.1504−0.058%$979K$238K10x
BingX ZEST-USDT+0.0488%4h0.1504−0.065%$745Kas long as short