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

ZEST

all ZEST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0522%/8h= +57.2% APRnext payment +$2.61 per $10,000 · paid last 24h +0.113%
Price spread now: MEXC against Gate+0.100%7-day average +0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4,447as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,532as in the Price arb table
costs, in and out, $10k−$4,51945.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.727%+$73 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.100%, 7d avg +0.227%
Together, before fees+0.788%+$79 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.127% cheaper against Gate than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.227%). If the spread goes back, that is −$13 on $10k: about 19 hours of funding at the current rate (+$16 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ZEST_USDT0.14930.0100pay 0.0050% / 4h2h 41m$796K$48K10x
ShortMEXC ZEST_USDT0.14940.0622get 0.0311% / 4h2h 41m$9.6M$102K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$109.62
Price spread: +0.100% → +0.227%
−$12.69
Slippage, 4 orders
−$4,500.33
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$4,422.4
Costs to cover
45.193%
Break-even
289.4 days
Slippage from Gate: live order book, 25 min ago; MEXC: live order book, 2 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, 25 min ago16.38 bp3190.3 bp −$3,190doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.67 bp37.6 bp −$3882.3 bp −$823459.7 bp −$46.0Kdoesn'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%4h0.1491−0.121%$924K$450K10xas long as short
Gate ZEST_USDTlong+0.0100%4h0.1493long leg$796K$48K10x
KuCoin ZESTUSDTM+0.0152%4h0.1494+0.054%$1.5M$469K10xas long as short
Aster ZESTUSDT+0.0576%4h0.1495+0.174%$196K$50K5xas long as short
MEXC ZEST_USDTshort+0.0622%4h0.1494+0.100%$9.6M$102K20x
Binance ZESTUSDT+0.0628%4h0.1493+0.045%$5.8M$1.5M10xas long as short
BloFin ZEST-USDT+0.0661%4h0.1488−0.301%$302K$16K10xas long as short
BingX ZEST-USDT+0.0668%4h0.1492−0.027%$744Kas long as short
Bitget ZESTUSDT+0.0700%4h0.1492−0.027%$974K$231K10xas long as short