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

ZEN

all ZEN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.29 per $10,000 · paid last 24h +0.011%
Price spread now: Aster against GRVT+0.351%60s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3033.029% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)−0.778%−$78 · spread now +0.351%, 7d avg +0.049%
Together, before fees−0.789%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$79 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.302% dearer against GRVT than usual: you sell high and buy low (spread +0.351% now, against its 7-day average of +0.049%): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days. At the pace of the last 5 days (−0.012% in total) that is about 5 months. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEN_USDT_Perp7.64710.0100pay 0.0100% / 8h1h 56m$582K$1.6M10x
ShortAster ZENUSDT7.67390.0071get 0.0071% / 8h1h 56m$53K$381K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against GRVT. 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
−$6.07
Price spread: +0.351% → +0.049%
$30.2
Slippage, 4 orders
−$285.86
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$278.73
Costs to cover
3.029%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Aster: live order book, 26 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 GRVT live order book, 2 min ago3.27 bp31.6 bp −$3257.7 bp −$577doesn't fitdoesn't fit
Sell Aster live order book, 26 min ago9.10 bp227.4 bp −$227doesn't fitdoesn'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
OKX ZEN-USDT-SWAP−0.0093%4h7.6770+0.391%$2.3M$5.9M50xas long as short
Variational Omni ZEN−0.0072%8h7.6417−0.070%$51K$151Kas long as short
KuCoin ZENUSDTM−0.0016%8h7.6740+0.352%$4.3M$5.1M50xas long as short
dYdX ZEN-USD0.0000%1h7.6762+0.380%$9K5xas long as short
Extended ZEN-USD+0.0008%1h7.6752+0.368%$25K$110K5xas long as short
MEXC ZEN_USDT+0.0011%8h7.6790+0.418%$12.2M$5.5M200xas long as short
Binance ZENUSDT+0.0012%8h7.6800+0.431%$11.0M$32.1M75xas long as short
Bitget ZENUSDT+0.0034%8h7.6760+0.378%$2.8M$3.5M50xas long as short
BloFin ZEN-USDT+0.0047%8h7.6570+0.130%$840K$1.9M75xas long as short
Aster ZENUSDTshort+0.0071%8h7.6739+0.351%$53K$381K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0100%8h7.6750+0.365%$4.7M$6.8M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6790+0.418%$3.4Mas long as short
GRVT ZEN_USDT_Perplong+0.0100%8h7.6471long leg$582K$1.6M10x
ApeX Omni ZENUSDT+0.0100%1h7.6500+0.038%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6480+0.012%$2K$1.4M20xas long as short
Hyperliquid ZEN+0.0183%1h7.6947+0.623%$2.4M$1.9M5xas long as short
Kraken Futures PF_ZENUSD+0.1898%1h7.6742+0.355%$494K$1.1M25xas long as short