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 0.000%
Price spread now: Gate against Bybit−0.126%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,383as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,358as in the Price arb table
costs, in and out, $10k−$4,35543.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 4 days (all we have)−0.224%−$22 · spread now −0.126%, 7d avg −0.097%
Together, before fees−0.511%−$51 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.097%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZESTUSDT0.15030.0100pay 0.0050% / 4h24m 40s$944K$478K10x
ShortGate ZEST_USDT0.15010.0100get 0.0050% / 4h24m 40s$806K$57K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: −0.126% → −0.097%
−$2.98
Slippage, 4 orders
−$4,328.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$4,357.79
Costs to cover
43.548%
Break-even
never at this rate
Slippage from Bybit: live order book, 31 min ago; Gate: live order book, 32 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 Bybit live order book, 31 min ago6.67 bp135.3 bp −$1354873.8 bp −$48.7Kdoesn't fitdoesn't fit
Sell Gate live order book, 32 min ago14.36 bp1486.5 bp −$1,487doesn'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
BloFin ZEST-USDT+0.0072%4h0.1504+0.086%$304K$17K10xas long as short
Bybit ZESTUSDTlong+0.0100%4h0.1503long leg$944K$478K10x
Gate ZEST_USDTshort+0.0100%4h0.1501−0.126%$806K$57K10x
KuCoin ZESTUSDTM+0.0100%4h0.1504+0.080%$1.5M$504K10xas long as short
Aster ZESTUSDT+0.0108%4h0.1504+0.040%$196K$50K5xas long as short
MEXC ZEST_USDT+0.0130%4h0.1505+0.106%$9.6M$104K20xas long as short
Binance ZESTUSDT+0.0137%4h0.1505+0.160%$5.8M$1.6M10xas long as short
BingX ZEST-USDT+0.0552%4h0.1504+0.073%$747Kas long as short
Bitget ZESTUSDT+0.0588%4h0.1504+0.093%$980K$241K10xas long as short