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+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BingX+0.120%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1891.891% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.698%−$70 on $10k
Price spread, last 4 days (all we have)−0.203%−$20 · spread now +0.120%, 7d avg +0.029%
Together, before fees−0.901%−$90 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 Bitget is 0.091% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.698%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEST-USDT0.14970.0460pay 0.0230% / 4h3h 02m$747K
ShortBitget ZESTUSDT0.14990.0512get 0.0256% / 4h3h 02m$974K$193K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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
$10.92
Price spread: +0.120% → +0.029%
$9.14
Slippage, 4 orders
−$167.11
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$169.05
Costs to cover
1.891%
Break-even
115.4 days
Slippage from BingX: live order book, 26 min ago; Bitget: live order book, 48 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 BingX live order book, 26 min ago8.33 bp57.4 bp −$57343.6 bp −$3,436doesn't fitdoesn't fit
Sell Bitget live order book, 48 min ago6.32 bp28.4 bp −$28doesn'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%4h0.1497−0.033%$947K$414K10xas long as short
Gate ZEST_USDT+0.0100%4h0.1501+0.214%$804K$53K10xas long as short
KuCoin ZESTUSDTM+0.0100%4h0.1498+0.007%$1.5M$498K10xas long as short
Aster ZESTUSDT+0.0143%4h0.1500+0.141%$195K$48K5xas long as short
BloFin ZEST-USDT+0.0198%4h0.1500+0.180%$273K$16K10xas long as short
MEXC ZEST_USDT+0.0210%4h0.1499+0.093%$9.6M$105K20xas long as short
Binance ZESTUSDT+0.0222%4h0.1499+0.102%$5.8M$1.3M10xas long as short
BingX ZEST-USDTlong+0.0460%4h0.1497long leg$747K
Bitget ZESTUSDTshort+0.0512%4h0.1499+0.120%$974K$193K10x