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+0.0297%/8h= +32.5% APRnext payment +$1.49 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Gate+0.277%7-day average +0.222% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,010as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,077as in the Price arb table
costs, in and out, $10k−$4,08340.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.726%+$73 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.277%, 7d avg +0.222%
Together, before fees+0.648%+$65 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.222%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.15140.0100pay 0.0050% / 4h2h 13m$810K$52K10x
ShortBinance ZESTUSDT0.15190.0397get 0.0199% / 4h2h 13m$5.9M$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
$62.4
Price spread: +0.277% → +0.222%
$5.57
Slippage, 4 orders
−$4,057.99
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$4,015.02
Costs to cover
40.830%
Break-even
457.4 days
Slippage from Gate: live order book, 33 min ago; Binance: live order book, 9 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 Gate live order book, 33 min ago8.03 bp2310.9 bp −$2,311doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago2.32 bp58.0 bp −$58367.5 bp −$3,675doesn'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%4h0.1516+0.112%$960K$393K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1514long leg$810K$52K10x
KuCoin ZESTUSDTM+0.0100%4h0.1517+0.165%$1.5M$515K10xas long as short
Aster ZESTUSDT+0.0380%4h0.1513−0.094%$197K$47K5xas long as short
MEXC ZEST_USDT+0.0396%4h0.1519+0.291%$9.7M$101K20xas long as short
Binance ZESTUSDTshort+0.0397%4h0.1519+0.277%$5.9M$1.2M10x
BloFin ZEST-USDT+0.0415%4h0.1517+0.192%$304K$15K10xas long as short
BingX ZEST-USDT+0.0578%4h0.1517+0.205%$747Kas long as short
Bitget ZESTUSDT+0.0620%4h0.1517+0.205%$953K$190K10xas long as short