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+0.0022%/8h= +2.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.014%
Price spread now: SunX against Binance−0.022%7-day average +0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now −0.022%, 7d avg +0.001%
Together, before fees−0.053%−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.023% cheaper against Binance than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZENUSDT7.76770.0078pay 0.0078% / 8h2m 54s$11.2M$31.6M75x
ShortSunX ZEN-USDT7.76600.0100get 0.0100% / 8h2m 54s$2K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$4.52
Price spread: −0.022% → +0.001%
−$2.27
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$15.75
Costs to cover
0.180%
Break-even
31.4 days
Slippage unknown: Binance: live order book, 9 min ago; SunX: live order book, 12 min ago. Net counts fees only.

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 bp11.2 bp −$1133.4 bp −$334407.2 bp −$40.7Kdoesn't fit
Sell SunX live order book, 12 min ago479.15 bpdoesn't fitdoesn'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−0.0029%8h7.7390−0.370%$52K$85Kas long as short
dYdX ZEN-USD0.0000%1h7.7668−0.012%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0005%4h7.7600−0.099%$2.3M$5.8M50xas long as short
KuCoin ZENUSDTM+0.0041%8h7.7720+0.055%$4.4M$4.9M50xas long as short
Bybit ZENUSDT+0.0049%8h7.7650−0.035%$4.6M$6.2M75xas long as short
MEXC ZEN_USDT+0.0075%8h7.7720+0.055%$12.5M$5.5M200xas long as short
Binance ZENUSDTlong+0.0078%8h7.7677long leg$11.2M$31.6M75x
Extended ZEN-USD+0.0080%1h7.7704+0.035%$25K$118K5xas long as short
Aster ZENUSDT+0.0100%8h7.7719+0.053%$53K$378K10xas long as short
Bitget ZENUSDT+0.0100%8h7.7680+0.004%$2.9M$3.5M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0100%8h7.7680+0.004%$3.3Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7690+0.017%$587K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7520−0.202%$26K$686K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.7660−0.022%$2K$1.4M20x
BloFin ZEN-USDT+0.0198%8h7.7760+0.107%$848K$1.8M75xas long as short
Hyperliquid ZEN+0.0337%1h7.7876+0.256%$2.4M$1.8M5xas long as short
Kraken Futures PF_ZENUSD+0.2641%1h7.8045+0.474%$511K$1.0M25xas long as short