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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against Binance+0.017%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$2742.743% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.173%+$17 · spread now +0.017%, 7d avg +0.021%
Together, before fees+0.183%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZENUSDT7.67120.0030pay 0.0030% / 8h2h 17m$11.0M$32.3M75x
ShortAster ZENUSDT7.67250.0082get 0.0082% / 8h2h 17m$54K$381K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$10.78
Price spread: +0.017% → +0.021%
−$0.41
Slippage, 4 orders
−$256.32
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$263.95
Costs to cover
2.743%
Break-even
178.4 days
Slippage from Binance: live order book, 9 min ago; Aster: live order book, 5 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 Binance live order book, 9 min ago0.65 bp14.2 bp −$1436.3 bp −$363401.5 bp −$40.1Kdoesn't fit
Sell Aster live order book, 5 min ago9.10 bp227.4 bp −$227doesn't fitdoesn't fitdoesn't fit

ZEN on 17 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
Variational Omni ZEN−0.0086%8h7.6851+0.181%$51K$154Kas long as short
OKX ZEN-USDT-SWAP−0.0022%4h7.6700−0.015%$2.3M$5.9M50xas long as short
dYdX ZEN-USD0.0000%1h7.6829+0.152%$9K5xas long as short
MEXC ZEN_USDT+0.0030%8h7.6730+0.024%$12.2M$6.1M200xas long as short
Binance ZENUSDTlong+0.0030%8h7.6712long leg$11.0M$32.3M75x
Extended ZEN-USD+0.0032%1h7.6708−0.004%$25K$110K5xas long as short
KuCoin ZENUSDTM+0.0043%8h7.6770+0.076%$4.3M$5.2M50xas long as short
Bitget ZENUSDT+0.0047%8h7.6720+0.011%$2.8M$3.5M50xas long as short
Aster ZENUSDTshort+0.0082%8h7.6725+0.017%$54K$381K10x
Hyperliquid ZEN+0.0100%1h7.6943+0.301%$2.4M$1.9M5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0100%8h7.6730+0.024%$4.6M$6.9M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6740+0.037%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6807+0.124%$585K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6850+0.180%$27K$681K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6800+0.115%$2K$1.4M20xas long as short
BloFin ZEN-USDT+0.0122%8h7.6860+0.193%$835K$1.9M75xas long as short
Kraken Futures PF_ZENUSD+0.1130%1h7.7002+0.378%$495K$1.1M25xas long as short