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+0.0015%/8h= +1.6% APRnext payment +$0.15 per $10,000 · paid last 24h +0.033%
Price spread now: SunX against Bybit+0.090%7-day average +0.075% · 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+0.076%+$8 on $10k
Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.090%, 7d avg +0.075%
Together, before fees−0.146%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZENUSDT7.77400.0085pay 0.0085% / 8h54m 43s$4.7M$6.3M75x
ShortSunX ZEN-USDT7.78100.0100get 0.0100% / 8h54m 43s$1K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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
$3.14
Price spread: +0.090% → +0.075%
$1.53
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$14.33
Costs to cover
0.190%
Break-even
39.0 days
Slippage unknown: Bybit: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.94 bp40.0 bp −$40130.2 bp −$1,302doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.61 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−0.0038%8h7.7410−0.425%$51K$85Kas long as short
OKX ZEN-USDT-SWAP−0.0024%4h7.7660−0.103%$2.3M$5.8M50xas long as short
KuCoin ZENUSDTM−0.0009%8h7.7720−0.026%$4.3M$5.0M50xas long as short
dYdX ZEN-USD0.0000%1h7.7815+0.097%$9K5xas long as short
Extended ZEN-USD+0.0032%1h7.7779+0.050%$25K$118K5xas long as short
MEXC ZEN_USDT+0.0035%8h7.7830+0.116%$12.3M$5.4M200xas long as short
Binance ZENUSDT+0.0038%8h7.7782+0.054%$11.2M$31.6M75xas long as short
Bitget ZENUSDT+0.0079%8h7.7790+0.064%$2.9M$3.5M50xas long as short
BingX ZEN-USDT+0.0079%8h7.7770+0.039%$3.4Mas long as short
Bybit ZENUSDTlong+0.0085%8h7.7740long leg$4.7M$6.3M75x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZENUSDT+0.0100%8h7.7813+0.094%$54K$376K10xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7440−0.386%$577K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7420−0.412%$27K$682K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.7810+0.090%$1K$1.4M20x
BloFin ZEN-USDT+0.0144%8h7.7400−0.437%$835K$1.8M75xas long as short
Hyperliquid ZEN+0.0429%1h7.7916+0.226%$2.4M$1.8M5xas long as short
Kraken Futures PF_ZENUSD+0.2646%1h7.7918+0.229%$510K$1.1M25xas long as short