Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%
Price spread now: ApeX Omni against GRVT−0.026%7-day average +0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.026%, 7d avg +0.082%
=Together, before fees−0.089%+ Points / potential airdropGRVT: Active · farm board−$9 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 0.108% cheaper against GRVT than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ZEN_USDT_Perp | 7.6670 | 0.0100 | pay 0.0100% / 8h | 4h 00m | $574K | $2.1M | 10x |
| Short | ApeX Omni ZENUSDT | 7.6650 | 0.0100 | get 0.0013% / 1h | 0m 23s | $27K | $681K | 50x |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.026% → +0.082%
- −$10.77
- Slippage, 4 orders
- −$76.01
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$105.78
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; ApeX Omni: live order book, 58 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 GRVT live order book, 3 min ago | 1.96 bp | 16.6 bp −$17 | 48.0 bp −$480 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 58 min ago | 6.56 bp | 13.3 bp −$13 | 105.9 bp −$1,059 | 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 | 7.6930 | +0.340% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0070% | 4h | 7.6900 | +0.300% | $2.3M | $5.4M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0081% | 8h | 7.6890 | +0.287% | $4.1M | $4.3M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6908 | +0.311% | $51K | $379K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6890 | +0.287% | $11.1M | $30.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6900 | +0.300% | $4.5M | $5.9M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6920 | +0.326% | $11.6M | $5.1M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6960 | +0.378% | $2.9M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6730 | +0.078% | — | $3.1M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6817 | +0.191% | $55K | $89K | — | as long as short |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perplong | +0.0100% | 8h | 7.6670 | long leg | $574K | $2.1M | 10x | |
| ApeX Omni ZENUSDTshort | +0.0100% | 1h | 7.6650 | −0.026% | $27K | $681K | 50x | |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6860 | +0.248% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6854 | +0.240% | $22K | $142K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6800 | +0.170% | $833K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0368% | 1h | 7.7122 | +0.590% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3077% | 1h | 7.7030 | +0.469% | $499K | $999K | 25x | as long as short |
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD