ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1894%/8h= +207.4% APRnext payment +$2.37 per $10,000 · paid last 24h +0.364%

Price spread now: Kraken Futures against dYdX+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and Kraken Futures is 0.059% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZEN-USD	7.6855	0	get 0.0000% / 1h	29m 59s	$9K	—	5x
Short	Kraken Futures PF_ZENUSD	7.6900	0.1894	get 0.0237% / 1h	29m 59s	$503K	$1.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.059%Rate

Funding earned: $397.82
Price spread: +0.059% → 0.000%: $5.91
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $383.73
Costs to cover: 0.200%
Break-even: 0.2 days

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 3 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 dYdX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	19.48 bp	43.4 bp −$43	103.3 bp −$1,033	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
OKX ZEN-USDT-SWAP	−0.0123%	4h	7.6570	−0.371%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0053%	8h	7.6615	−0.312%	$51K	$150K	—	as long as short
KuCoin ZENUSDTM	−0.0048%	8h	7.6600	−0.332%	$4.3M	$5.0M	50x	as long as short
MEXC ZEN_USDT	−0.0003%	8h	7.6610	−0.319%	$12.2M	$5.6M	200x	as long as short
Binance ZENUSDT	−0.0003%	8h	7.6640	−0.280%	$11.0M	$31.9M	75x	as long as short
dYdX ZEN-USDlong	0.0000%	1h	7.6855	long leg	$9K	—	5x
Extended ZEN-USD	0.0000%	1h	7.6625	−0.299%	$25K	$110K	5x	as long as short
Bitget ZENUSDT	+0.0042%	8h	7.6570	−0.371%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0063%	8h	7.6695	−0.209%	$53K	$380K	10x	as long as short
BloFin ZEN-USDT	+0.0073%	8h	7.6680	−0.228%	$834K	$1.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0098%	8h	7.6570	−0.371%	$4.7M	$6.6M	75x	as long as short
BingX ZEN-USDT	+0.0099%	8h	7.6570	−0.371%	—	$3.4M	—	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.6726	−0.168%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6790	−0.085%	$572K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6830	−0.033%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6560	−0.384%	$1K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSDshort	+0.1894%	1h	7.6900	+0.059%	$503K	$1.1M	25x