ZEST · Convergence Trade
Current Spread (mark)
⚠ data may be stale · 3m old+0.248%higher than 29% of spread values(window 1D)
long $0.1211 · short $0.1214(long 3m / short 2m old)
Entry Spread (order book)-2.208%on $10,000thin book — size does not fully fill
long $0.1240 · short $0.1212(average execution prices, not mark)
market median $0.1214· long -0.2%· short +0.0%
Size per leg$= $20,000 total
every figure below scales from thisProfit Calculator
This spread does not cover its own costs
The spread is 0.25%, but entry and exit cost 0.26% of the position. The trade is a loss at entry regardless of how the spread moves afterwards. Reduce the size, or pick another pair.
Three scenarios: the current spread 0.25% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.50% | 1.00% |
|---|---|---|---|
| Gross profit | +$24.76 | -$25.24 | -$75.24 |
| Round-trip fees | −$27.00 | −$27.00 | −$27.00 |
| Slippage(loading orderbook…) | — | — | — |
| Funding drag(est. 1h hold) | +$0.88 | +$0.88 | +$0.88 |
| Net potential | -$1.36 | -$51.36 | -$101.36 |
Breakeven move 0.2612%·Tradeability: 0.9× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.36%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 24h · 279 samples
Current
+0.248%
29 pct
Median
+0.339%
Average
+0.332%
P25 → P75
+0.230% … +0.456%
Range
-0.971% … +2.679%
Std dev
±0.302%
tf
LONG
Gate.io(cex)
Gate.io(cex)- Mark Price
- $0.1211
- Exchange Ticker
- ZEST_USDT
- Taker / Maker
- 0.075% / -0.01%
- Funding APR(4h)
- +10.96%
- OI
- $923.89K
- 24h Vol
- $150.45K
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade LongSHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.1214
- Exchange Ticker
- ZESTUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +88.32%
- OI
- $4.19M
- 24h Vol
- $1.78M
⚠ slippage not modeled (virtual liquidity / RFQ venue)
Trade Short254 long / 255 short samples · 2 days · auto-refresh every 30s