Funding you earn now, next payment 22:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.015%
Price spread now: Extended against Bitget−0.037%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$710.710% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.037%, 7d avg −0.030%
=Together, before fees+0.039%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| 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 | Extended ZEN-USD | 7.6872 | 0.0032 | get 0.0004% / 1h | 16m 14s | $25K | $110K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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
- −$3.36
- Price spread: −0.037% → −0.030%
- −$0.7
- Slippage, 4 orders
- −$54.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$75.07
- Costs to cover
- 0.710%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 4 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, 2 min ago | 3.91 bp | 14.6 bp −$15 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.02 bp | 19.7 bp −$20 | 151.2 bp −$1,512 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0086% | 8h | 7.6851 | −0.064% | $51K | $154K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0023% | 4h | 7.6770 | −0.169% | $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 | 7.6870 | −0.039% | $12.2M | $6.1M | 200x | as long as short |
| Binance ZENUSDT | +0.0030% | 8h | 7.6856 | −0.057% | $11.0M | $32.3M | 75x | as long as short |
| Extended ZEN-USDshort | +0.0032% | 1h | 7.6872 | −0.037% | $25K | $110K | 5x | |
| 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 | 7.6854 | −0.060% | $54K | $381K | 10x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7011 | +0.144% | $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 | 7.6820 | −0.104% | $4.6M | $6.9M | 75x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6880 | −0.026% | — | $3.4M | — | as long as short |
| 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 |
Bitget ZENUSDT
Extended ZEN-USD
Variational Omni ZEN
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Binance ZENUSDT
KuCoin ZENUSDTM
Aster ZENUSDT
Hyperliquid ZEN
Bybit ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD