Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against Bitget+0.043%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3513.513% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.289%+$29 · spread now +0.043%, 7d avg +0.039%
Together, before fees+0.263%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZENUSDT7.59800.0100pay 0.0100% / 8h4h 57m$2.8M$3.2M50x
ShortAster ZENUSDT7.60130.0100get 0.0100% / 8h4h 57m$53K$374K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$0
Price spread: +0.043% → +0.039%
$0.42
Slippage, 4 orders
−$331.35
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$350.93
Costs to cover
3.513%
Break-even
never at this rate
Slippage from Bitget: live order book, just now; Aster: live order book, 65 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, just now4.61 bp17.8 bp −$1849.2 bp −$492doesn't fitdoesn't fit
Sell Aster live order book, 65 min ago8.38 bp287.9 bp −$288doesn'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
dYdX ZEN-USD0.0000%1h7.5968−0.016%$9K5xas long as short
Aster ZENUSDTshort+0.0100%8h7.6013+0.043%$53K$374K10x
Binance ZENUSDT+0.0100%8h7.6000+0.026%$11.1M$30.0M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6000+0.026%$4.5M$5.8M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.6000+0.026%$2.3M$5.4M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.6000+0.026%$11.8M$4.9M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.5940−0.053%$4.1M$4.5M50xas long as short
Bitget ZENUSDTlong+0.0100%8h7.5980long leg$2.8M$3.2M50x
BingX ZEN-USDT+0.0100%8h7.5900−0.105%$3.2Mas long as short
Variational Omni ZEN+0.0100%8h7.6189+0.276%$51K$83Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6410+0.566%$572K$1.9M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6250+0.355%$26K$688K50xas long as short
SunX ZEN-USDT+0.0100%8h7.5950−0.039%$2K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.5921−0.077%$24K$127K5xas long as short
Hyperliquid ZEN+0.0133%1h7.6093+0.149%$2.4M$1.3M5xas long as short
BloFin ZEN-USDT+0.0220%8h7.5780−0.263%$839K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.3109%1h7.6251+0.356%$499K$1.0M25xas long as short