ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: ApeX Omni against Extended+0.454%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$670.669% of the position

Long on Extended Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 4 days (all we have)−0.346%−$35 · spread now +0.454%, 7d avg +0.081%

Together, before fees−0.363%+ Points / potential airdropExtended: Active · farm board−$36 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: ApeX Omni is 0.373% dearer against Extended than usual: you sell high and buy low, +$37 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ZEN-USD	7.6911	0.0104	pay 0.0013% / 1h	36m 56s	$22K	$133K	5x
Short	ApeX Omni ZENUSDT	7.7260	0.0100	get 0.0013% / 1h	36m 56s	$27K	$675K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Extended. 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 ExtendedbpFee ApeX OmnibpOrdersPrice spread, now +0.454%Rate

Funding earned: −$0.84
Price spread: +0.454% → +0.081%: $37.31
Slippage, 4 orders: −$51.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$30.45
Costs to cover: 0.669%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; ApeX Omni: live order book, 6 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 Extended live order book, 4 min ago	2.27 bp	18.8 bp −$19	196.5 bp −$1,965	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	6.47 bp	15.3 bp −$15	104.5 bp −$1,045	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	7.7185	+0.356%	$9K	—	5x	as long as short
KuCoin ZENUSDTM	+0.0049%	8h	7.7020	+0.142%	$4.1M	$4.1M	50x	as long as short
OKX ZEN-USDT-SWAP	+0.0055%	4h	7.6910	−0.001%	$2.3M	$5.4M	50x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7095	+0.239%	$2.4M	$1.3M	5x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7017	+0.137%	$43K	$393K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.6933	+0.029%	$11.1M	$30.2M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.6890	−0.027%	$4.5M	$5.7M	75x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.6950	+0.051%	$11.8M	$5.0M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.6960	+0.064%	$2.9M	$3.1M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.6980	+0.090%	—	$3.1M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZEN	+0.0100%	8h	7.7176	+0.345%	$55K	$83K	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7239	+0.427%	$583K	$2.6M	10x	as long as short
ApeX Omni ZENUSDTshort	+0.0100%	1h	7.7260	+0.454%	$27K	$675K	50x
SunX ZEN-USDT	+0.0100%	8h	7.7140	+0.298%	$1K	$1.3M	20x	as long as short
Extended ZEN-USDlong	+0.0104%	1h	7.6911	long leg	$22K	$133K	5x
BloFin ZEN-USDT	+0.0220%	8h	7.7120	+0.272%	$833K	$1.6M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.2854%	1h	7.7249	+0.440%	$494K	$1.0M	25x	as long as short