Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.016%
Price spread now: Extended against BingX+0.004%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$720.720% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.004%, 7d avg −0.021%
=Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.025% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.7220 | 0.0100 | pay 0.0100% / 8h | 6h 31m | — | $3.3M | — |
| Short | Extended ZEN-USD | 7.7223 | 0.0104 | get 0.0013% / 1h | 31m 32s | $28K | $122K | 5x |
BingX ZEN-USDT
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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
- $0.84
- Price spread: +0.004% → −0.021%
- $2.51
- Slippage, 4 orders
- −$56.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$68.62
- Costs to cover
- 0.720%
- Break-even
- 578.9 days
Slippage from BingX: live order book, 8 min ago; Extended: live order book, 34 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, 8 min ago | 1.96 bp | 15.3 bp −$15 | 35.3 bp −$353 | 339.3 bp −$33.9K | 489.4 bp −$244.7K |
| Sell Extended live order book, 34 min ago | 2.76 bp | 19.9 bp −$20 | 161.1 bp −$1,611 | doesn't fit | doesn't fit |
ZEN on 16 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 | 7.7245 | +0.032% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0060% | 8h | 7.6878 | −0.443% | $51K | $85K | — | as long as short |
| ApeX Omni ZENUSDT | +0.0066% | 1h | 7.6980 | −0.311% | $26K | $689K | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7251 | +0.040% | $55K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7223 | +0.004% | $11.1M | $31.4M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7190 | −0.039% | $4.6M | $6.0M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7120 | −0.130% | $2.3M | $5.5M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7240 | +0.026% | $12.1M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7290 | +0.091% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7240 | +0.026% | $2.9M | $3.4M | 50x | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
ApeX Omni ZENUSDT
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.7220 | long leg | — | $3.3M | — | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7050 | −0.220% | $586K | $1.8M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7200 | −0.026% | $1K | $1.4M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.7223 | +0.004% | $28K | $122K | 5x | |
| Hyperliquid ZEN | +0.0397% | 1h | 7.7401 | +0.234% | $2.5M | $1.6M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3201% | 1h | 7.7522 | +0.391% | $507K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD