Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.018%
Price spread now: KuCoin against Extended+0.050%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1151.146% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.104%−$10 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.050%, 7d avg +0.056%
Together, before fees−0.117%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEN-USD7.81210.0104pay 0.0013% / 1h9m 46s$22K$121K5x
ShortKuCoin ZENUSDTM7.81600.0100get 0.0100% / 8h7h 09m$4.5M$4.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$0.84
Price spread: +0.050% → +0.056%
−$0.61
Slippage, 4 orders
−$97.64
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$116.09
Costs to cover
1.146%
Break-even
never at this rate
Slippage from Extended: live order book, 61 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 61 min ago3.36 bp19.5 bp −$19177.7 bp −$1,777doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago3.84 bp35.8 bp −$3675.9 bp −$759doesn'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
dYdX ZEN-USD0.0000%1h7.8142+0.028%$9K5xas long as short
Variational Omni ZEN+0.0030%8h7.7982−0.177%$52K$85Kas long as short
Aster ZENUSDT+0.0100%8h7.8122+0.002%$53K$379K10xas long as short
Binance ZENUSDT+0.0100%8h7.8122+0.002%$11.4M$31.3M75xas long as short
Bybit ZENUSDT+0.0100%8h7.8060−0.078%$4.7M$6.1M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.8050−0.091%$2.3M$5.7M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.8130+0.012%$12.5M$5.3M200xas long as short
KuCoin ZENUSDTMshort+0.0100%8h7.8160+0.050%$4.5M$4.8M50x
Bitget ZENUSDT+0.0100%8h7.8090−0.039%$2.9M$3.4M50xas long as short
BingX ZEN-USDT+0.0100%8h7.8080−0.052%$3.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.8089−0.040%$590K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.8090−0.039%$27K$688K50xas long as short
SunX ZEN-USDT+0.0100%8h7.8040−0.103%$2K$1.4M20xas long as short
Extended ZEN-USDlong+0.0104%1h7.8121long leg$22K$121K5x
BloFin ZEN-USDT+0.0220%8h7.8220+0.127%$849K$1.8M75xas long as short
Hyperliquid ZEN+0.0367%1h7.8339+0.279%$2.5M$1.7M5xas long as short
Kraken Futures PF_ZENUSD+0.2962%1h7.8348+0.290%$513K$1.0M25xas long as short