ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0087%/8h= +9.5% APRnext payment +$0.87 per $10,000 · paid last 24h +0.014%

Price spread now: BingX against Binance0.000%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.549% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days−0.011%−$1 · spread now 0.000%, 7d avg −0.022%

Together, before fees+0.052%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.022% dearer against Binance than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZENUSDT	7.6240	0.0013	pay 0.0013% / 8h	2h 56m	$10.9M	$34.4M	75x
Short	BingX ZEN-USDT	7.6240	0.0100	get 0.0100% / 8h	2h 56m	—	$3.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BinancebpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $18.21
Price spread: 0.000% → −0.022%: $2.24
Slippage, 4 orders: −$34.95
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$34.5
Costs to cover: 0.549%
Break-even: 20.3 days

Slippage from Binance: live order book, 15 min ago; BingX: live order book, 8 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 Binance live order book, 15 min ago	0.65 bp	13.7 bp −$14	37.2 bp −$372	360.9 bp −$36.1K	doesn't fit
Sell BingX live order book, 8 min ago	2.61 bp	12.9 bp −$13	29.0 bp −$290	221.9 bp −$22.2K	458.7 bp −$229.3K

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	−0.0172%	8h	7.6546	+0.402%	$51K	$232K	—	as long as short
OKX ZEN-USDT-SWAP	−0.0034%	4h	7.6210	−0.039%	$2.3M	$6.6M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.6354	+0.150%	$9K	—	5x	as long as short
KuCoin ZENUSDTM	+0.0011%	8h	7.6290	+0.066%	$4.3M	$5.4M	50x	as long as short
MEXC ZEN_USDT	+0.0013%	8h	7.6300	+0.079%	$12.0M	$6.0M	200x	as long as short
Binance ZENUSDTlong	+0.0013%	8h	7.6240	long leg	$10.9M	$34.4M	75x
Extended ZEN-USD	+0.0016%	1h	7.6251	+0.014%	$25K	$110K	5x	as long as short
Bitget ZENUSDT	+0.0037%	8h	7.6320	+0.105%	$2.8M	$3.7M	50x	as long as short
BloFin ZEN-USDT	+0.0053%	8h	7.6250	+0.013%	$838K	$2.0M	75x	as long as short
Aster ZENUSDT	+0.0057%	8h	7.6335	+0.125%	$54K	$388K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid ZEN	+0.0100%	1h	7.6482	+0.317%	$2.4M	$2.4M	5x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.6220	−0.026%	$4.5M	$7.6M	75x	as long as short
BingX ZEN-USDTshort	+0.0100%	8h	7.6240	0.000%	—	$3.5M	—
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6460	+0.289%	$577K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6550	+0.407%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6260	+0.026%	$2K	$1.5M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1138%	1h	7.6440	+0.263%	$492K	$1.1M	25x	as long as short