Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.060%
Price spread now: OKX against BingX0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.6640 | 0.0100 | pay 0.0100% / 8h | 3h 11m | — | $3.1M | — |
| Short | OKX ZEN-USDT-SWAP | 7.6640 | 0.0068 | get 0.0034% / 4h | 3h 11m | $2.3M | $5.2M | 50x |
BingX ZEN-USDT
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$6.62
- Price spread: 0.000% → −0.013%
- $1.31
- Slippage, 4 orders
- −$48.97
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$74.28
- Costs to cover
- 0.690%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; OKX: live order book, 1 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 | 3.91 bp | 14.8 bp −$15 | 33.5 bp −$335 | 307.9 bp −$30.8K | 453.9 bp −$226.9K |
| Sell OKX live order book, 1 min ago | 0.65 bp | 18.3 bp −$18 | 86.3 bp −$863 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.6646 | +0.008% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0062% | 8h | 7.6600 | −0.052% | $4.1M | $4.2M | 50x | as long as short |
| OKX ZEN-USDT-SWAPshort | +0.0068% | 4h | 7.6640 | 0.000% | $2.3M | $5.2M | 50x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6582 | −0.076% | $44K | $385K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6616 | −0.031% | $11.0M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6590 | −0.065% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6620 | −0.026% | $11.7M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6580 | −0.078% | $2.8M | $3.0M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.6640 | long leg | — | $3.1M | — | |
| Variational Omni ZEN | +0.0100% | 8h | 7.6512 | −0.168% | $55K | $89K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6700 | +0.078% | $576K | $2.3M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6710 | +0.091% | $27K | $683K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6680 | +0.052% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6588 | −0.068% | $25K | $142K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6640 | 0.000% | $825K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0272% | 1h | 7.6783 | +0.187% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2337% | 1h | 7.6764 | +0.162% | $495K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD