ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.021%

Price spread now: Aster against BloFin+0.004%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.772% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.150%−$15 on $10k

Price spread, last 3 days (all we have)+0.076%+$8 · spread now +0.004%, 7d avg +0.047%

Together, before fees−0.073%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.043% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZEN-USDT	7.6450	0.0064	pay 0.0064% / 8h	2h 38m	$835K	$1.9M	75x
Short	Aster ZENUSDT	7.6453	0.0063	get 0.0063% / 8h	2h 38m	$54K	$381K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$0.28
Price spread: +0.004% → +0.047%: −$4.31
Slippage, 4 orders: −$57.19
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$81.78
Costs to cover: 0.772%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Aster: live order book, 48 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 BloFin live order book, 4 min ago	1.96 bp	16.7 bp −$17	26.5 bp −$265	doesn't fit	doesn't fit
Sell Aster live order book, 48 min ago	7.79 bp	23.3 bp −$23	doesn't fit	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	−0.0142%	8h	7.6510	+0.079%	$51K	$219K	—	as long as short
OKX ZEN-USDT-SWAP	−0.0053%	4h	7.6400	−0.065%	$2.3M	$6.1M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.6589	+0.182%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0013%	8h	7.6440	−0.013%	$12.0M	$6.1M	200x	as long as short
KuCoin ZENUSDTM	+0.0015%	8h	7.6470	+0.026%	$4.3M	$5.2M	50x	as long as short
Extended ZEN-USD	+0.0016%	1h	7.6410	−0.053%	$25K	$110K	5x	as long as short
Binance ZENUSDT	+0.0016%	8h	7.6440	−0.013%	$10.9M	$32.9M	75x	as long as short
Bitget ZENUSDT	+0.0037%	8h	7.6350	−0.131%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDTshort	+0.0063%	8h	7.6453	+0.004%	$54K	$381K	10x
BloFin ZEN-USDTlong	+0.0064%	8h	7.6450	long leg	$835K	$1.9M	75x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZEN-USDT	+0.0097%	8h	7.6460	+0.013%	—	$3.4M	—	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.6590	+0.183%	$2.4M	$1.9M	5x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.6400	−0.065%	$4.6M	$7.1M	75x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6526	+0.099%	$582K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6530	+0.105%	$27K	$682K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6660	+0.275%	$2K	$1.5M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1134%	1h	7.6701	+0.328%	$494K	$1.1M	25x	as long as short