ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h +0.009%

Price spread now: Bitget against Aster−0.015%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$282as in the Price arb table

costs, in and out, $10k−$2852.851% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.148%−$15 · spread now −0.015%, 7d avg −0.043%

Together, before fees−0.122%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.028% dearer against Aster than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZENUSDT	7.7101	0.0066	pay 0.0066% / 8h	1h 24m	$53K	$380K	10x
Short	Bitget ZENUSDT	7.7090	0.0046	get 0.0046% / 8h	1h 24m	$2.9M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$4.28
Price spread: −0.015% → −0.043%: $2.79
Slippage, 4 orders: −$265.06
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$286.55
Costs to cover: 2.851%
Break-even: never at this rate

Slippage from Aster: live order book, 58 min ago; Bitget: live order book, 3 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 Aster live order book, 58 min ago	9.10 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.56 bp	14.2 bp −$14	28.4 bp −$284	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
OKX ZEN-USDT-SWAP	−0.0098%	4h	7.7060	−0.054%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0050%	8h	7.6785	−0.410%	$51K	$150K	—	as long as short
KuCoin ZENUSDTM	−0.0042%	8h	7.7070	−0.041%	$4.3M	$5.0M	50x	as long as short
MEXC ZEN_USDT	−0.0002%	8h	7.7110	+0.011%	$12.2M	$5.6M	200x	as long as short
Binance ZENUSDT	−0.0001%	8h	7.7100	−0.002%	$11.1M	$31.8M	75x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7005	−0.126%	$9K	—	5x	as long as short
Extended ZEN-USD	0.0000%	1h	7.7130	+0.037%	$25K	$110K	5x	as long as short
Bitget ZENUSDTshort	+0.0046%	8h	7.7090	−0.015%	$2.9M	$3.5M	50x
Aster ZENUSDTlong	+0.0066%	8h	7.7101	long leg	$53K	$380K	10x
Hyperliquid ZEN	+0.0100%	1h	7.7261	+0.207%	$2.4M	$1.8M	5x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0100%	8h	7.7010	−0.119%	$4.7M	$6.6M	75x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.7100	−0.002%	—	$3.4M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6760	−0.443%	$581K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6720	−0.495%	$27K	$682K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6950	−0.196%	$1K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0117%	8h	7.6990	−0.144%	$842K	$1.9M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.1885%	1h	7.7269	+0.218%	$505K	$1.1M	25x	as long as short