ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0069%/8h= −7.6% APRnext payment −$0.69 per $10,000 · paid last 24h −0.014%

Price spread now: Binance against BingX−0.026%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on BingX Short on Binance

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+0.055%+$6 · spread now −0.026%, 7d avg +0.023%

Together, before fees−0.007%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.049% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEN-USDT	7.6750	0.0100	pay 0.0100% / 8h	2h 15m	—	$3.4M	—
Short	Binance ZENUSDT	7.6730	0.0031	get 0.0031% / 8h	2h 15m	$11.0M	$32.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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 BingXbpFee BinancebpOrdersPrice spread, now −0.026%Rate

Funding earned: −$14.59
Price spread: −0.026% → +0.023%: −$4.9
Slippage, 4 orders: −$35.2
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$74.69
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Binance: live order book, 11 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 BingX live order book, 4 min ago	3.26 bp	14.0 bp −$14	32.6 bp −$326	252.8 bp −$25.3K	452.1 bp −$226.0K
Sell Binance live order book, 11 min ago	0.65 bp	9.8 bp −$10	35.4 bp −$354	223.8 bp −$22.4K	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
Variational Omni ZEN	−0.0086%	8h	7.6851	+0.131%	$51K	$154K	—	as long as short
OKX ZEN-USDT-SWAP	−0.0023%	4h	7.6640	−0.143%	$2.3M	$5.9M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.6862	+0.146%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0030%	8h	7.6680	−0.091%	$12.2M	$6.1M	200x	as long as short
Binance ZENUSDTshort	+0.0031%	8h	7.6730	−0.026%	$11.0M	$32.3M	75x
Extended ZEN-USD	+0.0032%	1h	7.6672	−0.102%	$25K	$110K	5x	as long as short
KuCoin ZENUSDTM	+0.0039%	8h	7.6780	+0.039%	$4.3M	$5.2M	50x	as long as short
Bitget ZENUSDT	+0.0047%	8h	7.6830	+0.104%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0082%	8h	7.6695	−0.071%	$54K	$381K	10x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.6889	+0.181%	$2.4M	$1.9M	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	7.6660	−0.117%	$4.6M	$6.9M	75x	as long as short
BingX ZEN-USDTlong	+0.0100%	8h	7.6750	long leg	—	$3.4M	—
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6842	+0.120%	$585K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6690	−0.078%	$27K	$681K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6910	+0.208%	$2K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0121%	8h	7.6860	+0.143%	$833K	$1.9M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.1128%	1h	7.7160	+0.535%	$496K	$1.1M	25x	as long as short