ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Bitget−0.026%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$630.629% of the position

Long on Bitget Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%+$1 on $10k

Price spread, last 7 days+0.057%+$6 · spread now −0.026%, 7d avg +0.009%

Together, before fees+0.063%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of +0.009%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.005% in total) that is about 45 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZENUSDT	7.6900	0.0048	pay 0.0048% / 8h	2h 16m	$2.8M	$3.5M	50x
Short	BingX ZEN-USDT	7.6880	0.0100	get 0.0100% / 8h	2h 16m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BitgetbpFee BingXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $10.92
Price spread: −0.026% → +0.009%: −$3.5
Slippage, 4 orders: −$40.88
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$55.46
Costs to cover: 0.629%
Break-even: 42.6 days

Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 3 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 Bitget live order book, 1 min ago	3.91 bp	14.6 bp −$15	31.8 bp −$318	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	3.26 bp	17.2 bp −$17	35.7 bp −$357	181.2 bp −$18.1K	493.0 bp −$246.5K

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	−0.064%	$51K	$154K	—	as long as short
OKX ZEN-USDT-SWAP	−0.0023%	4h	7.6870	−0.039%	$2.3M	$5.9M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7006	+0.138%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0030%	8h	7.6910	+0.013%	$12.2M	$6.1M	200x	as long as short
Binance ZENUSDT	+0.0030%	8h	7.6877	−0.030%	$11.0M	$32.3M	75x	as long as short
Extended ZEN-USD	+0.0032%	1h	7.6872	−0.037%	$25K	$110K	5x	as long as short
KuCoin ZENUSDTM	+0.0044%	8h	7.6920	+0.026%	$4.3M	$5.2M	50x	as long as short
Bitget ZENUSDTlong	+0.0048%	8h	7.6900	long leg	$2.8M	$3.5M	50x
Aster ZENUSDT	+0.0082%	8h	7.6874	−0.034%	$54K	$381K	10x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7082	+0.237%	$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	7.6830	−0.091%	$4.6M	$6.9M	75x	as long as short
BingX ZEN-USDTshort	+0.0100%	8h	7.6880	−0.026%	—	$3.4M	—
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6807	−0.121%	$585K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6850	−0.065%	$27K	$681K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6910	+0.013%	$2K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0121%	8h	7.6860	−0.052%	$833K	$1.9M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.1128%	1h	7.7160	+0.338%	$496K	$1.1M	25x	as long as short