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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Binance against GRVT−0.092%7-day average −0.085% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.058%−$6 on $10k
Price spread, last 7 days−1.540%−$154 · spread now −0.092%, 7d avg −0.085%
Together, before fees−1.598%+ Points / potential airdropGRVT: Active · farm board−$160 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEN_USDT_Perp7.72110.0100pay 0.0100% / 8h5h 17m$584K$1.9M10x
ShortBinance ZENUSDT7.71400.0100get 0.0100% / 8h5h 17m$11.2M$29.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$0
Price spread: −0.092% → −0.085%
−$0.62
Slippage, 4 orders
−$94.57
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$114.19
Costs to cover
1.136%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; Binance: live order book, 9 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, 1 min ago3.89 bp29.7 bp −$3057.0 bp −$570doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.95 bp14.7 bp −$1530.3 bp −$303165.5 bp −$16.5Kdoesn'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%1h7.7220+0.011%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0089%4h7.7150−0.079%$2.3M$5.4M50xas long as short
Aster ZENUSDT+0.0100%8h7.7134−0.100%$53K$375K10xas long as short
Binance ZENUSDTshort+0.0100%8h7.7140−0.092%$11.2M$29.9M75x
Bybit ZENUSDT+0.0100%8h7.7090−0.156%$4.6M$5.8M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.7130−0.105%$12.0M$5.0M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.7190−0.027%$4.1M$4.5M50xas long as short
Bitget ZENUSDT+0.0100%8h7.7150−0.079%$2.9M$3.2M50xas long as short
BingX ZEN-USDT+0.0100%8h7.7150−0.079%$3.2Mas long as short
Variational Omni ZEN+0.0100%8h7.7291+0.104%$52K$83Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perplong+0.0100%8h7.7211long leg$584K$1.9M10x
ApeX Omni ZENUSDT+0.0100%1h7.7400+0.245%$26K$684K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7210−0.001%$2K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.7142−0.089%$25K$127K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7100−0.143%$842K$1.6M75xas long as short
Hyperliquid ZEN+0.0324%1h7.7322+0.144%$2.5M$1.3M5xas long as short
Kraken Futures PF_ZENUSD+0.3172%1h7.7451+0.311%$507K$1.0M25xas long as short