Funding you earn now, next payment 22:00 UTC−0.0076%/8h= −8.3% APRnext payment −$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: Extended against ApeX Omni−0.250%92s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)−0.400%−$40 · spread now −0.250%, 7d avg −0.082%
=Together, before fees−0.387%+ Points / potential airdropExtended: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.167% cheaper against ApeX Omni than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.082%). Swap the legs. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ZENUSDT | 7.6670 | 0.0100 | pay 0.0013% / 1h | 34m 00s | $27K | $682K | 50x |
| Short | Extended ZEN-USD | 7.6478 | 0.0024 | get 0.0003% / 1h | 34m 00s | $25K | $110K | 5x |
ApeX Omni ZENUSDT
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$15.96
- Price spread: −0.250% → −0.082%
- −$16.74
- Slippage, 4 orders
- −$53.69
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$101.39
- Costs to cover
- 0.687%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; Extended: live order book, 51 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy ApeX Omni live order book, 54 min ago | 5.20 bp | 14.5 bp −$14 | 107.5 bp −$1,075 | doesn't fit | doesn't fit |
| Sell Extended live order book, 51 min ago | 2.80 bp | 20.6 bp −$21 | 150.7 bp −$1,507 | doesn't fit | doesn't fit |
ZEN on 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0131% | 8h | 7.6562 | −0.140% | $51K | $219K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0045% | 4h | 7.6470 | −0.261% | $2.3M | $6.0M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6531 | −0.181% | $9K | — | 5x | as long as short |
| MEXC ZEN_USDT | +0.0020% | 8h | 7.6490 | −0.235% | $12.0M | $6.1M | 200x | as long as short |
| Binance ZENUSDT | +0.0021% | 8h | 7.6490 | −0.235% | $11.0M | $32.7M | 75x | as long as short |
| KuCoin ZENUSDTM | +0.0023% | 8h | 7.6560 | −0.143% | $4.3M | $5.2M | 50x | as long as short |
| Extended ZEN-USDshort | +0.0024% | 1h | 7.6478 | −0.250% | $25K | $110K | 5x | |
| Bitget ZENUSDT | +0.0037% | 8h | 7.6430 | −0.313% | $2.8M | $3.5M | 50x | as long as short |
| Aster ZENUSDT | +0.0068% | 8h | 7.6501 | −0.220% | $54K | $381K | 10x | as long as short |
| BloFin ZEN-USDT | +0.0083% | 8h | 7.6510 | −0.209% | $835K | $1.9M | 75x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
dYdX ZEN-USD
MEXC ZEN_USDT
Binance ZENUSDT
KuCoin ZENUSDTM
Bitget ZENUSDT
Aster ZENUSDT
BloFin ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZEN | +0.0100% | 1h | 7.6658 | −0.016% | $2.4M | $1.9M | 5x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6450 | −0.287% | $4.6M | $7.1M | 75x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6510 | −0.209% | — | $3.4M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6597 | −0.095% | $583K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDTlong | +0.0100% | 1h | 7.6670 | long leg | $27K | $682K | 50x | |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6570 | −0.130% | $2K | $1.5M | 20x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1134% | 1h | 7.6709 | +0.051% | $494K | $1.1M | 25x | as long as short |
Hyperliquid ZEN
Bybit ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Kraken Futures PF_ZENUSD