Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.014%
Price spread now: SunX against BloFin−0.013%55s7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.165%−$17 on $10k
+Price spread, last 4 days (all we have)−0.458%−$46 · spread now −0.013%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEN-USDT | 7.7130 | 0.0220 | pay 0.0220% / 8h | 5h 34m | $852K | $1.6M | 75x |
| Short | SunX ZEN-USDT | 7.7120 | 0.0100 | get 0.0100% / 8h | 5h 34m | $2K | $1.3M | 20x |
BloFin ZEN-USDT
SunX ZEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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
- −$25.2
- Price spread: −0.013% → +0.027%
- −$4
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$49.2
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 8 min ago; SunX: live order book, 10 min ago. Net counts fees only.
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, 8 min ago | 3.23 bp | 14.1 bp −$14 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 500.19 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7050 | −0.104% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0094% | 8h | 7.7020 | −0.143% | $51K | $83K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7078 | −0.067% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7180 | +0.065% | $11.2M | $30.0M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7090 | −0.052% | $4.6M | $5.8M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7130 | 0.000% | $2.3M | $5.4M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7180 | +0.065% | $12.0M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7110 | −0.026% | $4.1M | $4.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7130 | 0.000% | $2.9M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7170 | +0.052% | — | $3.2M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6963 | −0.217% | $576K | $1.9M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6990 | −0.182% | $26K | $685K | 50x | as long as short |
| SunX ZEN-USDTshort | +0.0100% | 8h | 7.7120 | −0.013% | $2K | $1.3M | 20x | |
| Extended ZEN-USD | +0.0104% | 1h | 7.7136 | +0.008% | $25K | $127K | 5x | as long as short |
| BloFin ZEN-USDTlong | +0.0220% | 8h | 7.7130 | long leg | $852K | $1.6M | 75x | |
| Hyperliquid ZEN | +0.0328% | 1h | 7.7276 | +0.189% | $2.5M | $1.4M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3174% | 1h | 7.7397 | +0.346% | $506K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
Extended ZEN-USD
Hyperliquid ZEN
Kraken Futures PF_ZENUSD