Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against Aster−0.125%7-day average −0.094% · 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−$304as in the Price arb table
costs, in and out, $10k−$3013.011% of the position
Funding, last 5 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.125%, 7d avg −0.094%
=Together, before fees−0.024%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.030% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZENUSDT | 7.7166 | 0.0100 | pay 0.0100% / 8h | 6h 56m | $55K | $382K | 10x |
| Short | Bybit ZENUSDT | 7.7070 | 0.0100 | get 0.0100% / 8h | 6h 56m | $4.7M | $6.1M | 75x |
Aster ZENUSDT
Bybit ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $0
- Price spread: −0.125% → −0.094%
- −$3.03
- Slippage, 4 orders
- −$282.08
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$304.11
- Costs to cover
- 3.011%
- Break-even
- never at this rate
Slippage from Aster: live order book, 10 min ago; Bybit: live order book, 1 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, 10 min ago | 10.24 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 3.23 bp | 43.5 bp −$44 | 239.3 bp −$2,393 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7537 | +0.481% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0036% | 8h | 7.7351 | +0.240% | $52K | $85K | — | as long as short |
| Aster ZENUSDTlong | +0.0100% | 8h | 7.7166 | long leg | $55K | $382K | 10x | |
| Binance ZENUSDT | +0.0100% | 8h | 7.7089 | −0.100% | $11.2M | $31.4M | 75x | as long as short |
| Bybit ZENUSDTshort | +0.0100% | 8h | 7.7070 | −0.125% | $4.7M | $6.1M | 75x | |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6920 | −0.319% | $2.3M | $5.6M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7120 | −0.060% | $12.3M | $5.2M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7250 | +0.108% | $4.4M | $4.8M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6990 | −0.228% | $2.9M | $3.5M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7100 | −0.086% | — | $3.3M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Binance ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7430 | +0.342% | $585K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7570 | +0.523% | $26K | $687K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7400 | +0.303% | $1K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7161 | −0.007% | $22K | $117K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7460 | +0.381% | $858K | $1.7M | 75x | as long as short |
| Hyperliquid ZEN | +0.0322% | 1h | 7.7256 | +0.116% | $2.5M | $1.7M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3199% | 1h | 7.7575 | +0.530% | $508K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD