ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.054%

Price spread now: Hyperliquid against Extended+0.118%7-day average +0.170% · you sell dearer than you buy

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

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.118%, 7d avg +0.170%

Together, before fees+0.059%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.052% cheaper against Extended than usual: you would sell low and buy high (spread +0.118% now, against its 7-day average of +0.170%). If the spread goes back, that is −$5 on $10k: about 27 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.100% in total) that is about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ZEN-USD	7.7029	0.0104	pay 0.0013% / 1h	24m 24s	$22K	$232K	5x
Short	Hyperliquid ZEN	7.7120	0.0256	get 0.0032% / 1h	24m 24s	$2.4M	$1.3M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 HyperliquidbpOrdersPrice spread, now +0.118%Rate

Funding earned: $31.86
Price spread: +0.118% → +0.170%: −$5.18
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $12.68
Costs to cover: 0.140%
Break-even: 4.2 days

Slippage unknown: Extended: live order book, 12 min ago; Hyperliquid: live order book, 7 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 Extended live order book, 12 min ago	2.98 bp	18.8 bp −$19	137.9 bp −$1,379	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	2.54 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	7.7005	−0.032%	$9K	—	5x	as long as short
KuCoin ZENUSDTM	+0.0007%	8h	7.6940	−0.116%	$4.1M	$3.9M	50x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.6980	−0.064%	$42K	$390K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.7051	+0.028%	$11.0M	$29.6M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.7010	−0.025%	$4.5M	$5.5M	75x	as long as short
OKX ZEN-USDT-SWAP	+0.0100%	4h	7.7080	+0.066%	$2.3M	$5.3M	50x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7000	−0.038%	$12.2M	$5.0M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7000	−0.038%	$2.8M	$3.0M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.7030	+0.001%	—	$2.9M	—	as long as short
Variational Omni ZEN	+0.0100%	8h	7.6866	−0.212%	$54K	$69K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7082	+0.069%	$579K	$2.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7110	+0.105%	$27K	$669K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6990	−0.051%	$2K	$1.3M	20x	as long as short
Extended ZEN-USDlong	+0.0104%	1h	7.7029	long leg	$22K	$232K	5x
BloFin ZEN-USDT	+0.0220%	8h	7.6940	−0.116%	$841K	$1.6M	75x	as long as short
Hyperliquid ZENshort	+0.0256%	1h	7.7120	+0.118%	$2.4M	$1.3M	5x
Kraken Futures PF_ZENUSD	+0.2239%	1h	7.7149	+0.155%	$493K	$823K	25x	as long as short