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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Bitget+0.406%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 3 days (all we have)−0.561%−$56 · spread now +0.406%, 7d avg +0.022%
Together, before fees−0.556%−$56 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SunX is 0.384% dearer against Bitget than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZENUSDT7.63500.0037pay 0.0037% / 8h2h 39m$2.8M$3.5M50x
ShortSunX ZEN-USDT7.66600.0100get 0.0100% / 8h2h 39m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$13.23
Price spread: +0.406% → +0.022%
$38.43
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$31.66
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: Bitget: live order book, 4 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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, 4 min ago1.96 bp18.2 bp −$1832.5 bp −$325doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago500.36 bpdoesn't fitdoesn'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
Variational Omni ZEN−0.0142%8h7.6510+0.210%$51K$219Kas long as short
OKX ZEN-USDT-SWAP−0.0053%4h7.6430+0.105%$2.3M$6.1M50xas long as short
dYdX ZEN-USD0.0000%1h7.6589+0.313%$9K5xas long as short
MEXC ZEN_USDT+0.0013%8h7.6420+0.092%$12.0M$6.1M200xas long as short
KuCoin ZENUSDTM+0.0015%8h7.6490+0.183%$4.3M$5.2M50xas long as short
Extended ZEN-USD+0.0016%1h7.6419+0.091%$25K$110K5xas long as short
Binance ZENUSDT+0.0016%8h7.6420+0.092%$10.9M$32.9M75xas long as short
Bitget ZENUSDTlong+0.0037%8h7.6350long leg$2.8M$3.5M50x
Aster ZENUSDT+0.0063%8h7.6461+0.145%$54K$381K10xas long as short
BloFin ZEN-USDT+0.0064%8h7.6450+0.131%$835K$1.9M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0097%8h7.6470+0.157%$3.4Mas long as short
Hyperliquid ZEN+0.0100%1h7.6579+0.300%$2.4M$1.9M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6420+0.092%$4.6M$7.1M75xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6526+0.230%$582K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6530+0.236%$27K$682K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.6660+0.406%$2K$1.5M20x
Kraken Futures PF_ZENUSD+0.1134%1h7.6701+0.459%$494K$1.1M25xas long as short