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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ZEN_USDT_Perp | 7.7211 | 0.0100 | pay 0.0100% / 8h | 5h 17m | $584K | $1.9M | 10x |
| Short | Binance ZENUSDT | 7.7140 | 0.0100 | get 0.0100% / 8h | 5h 17m | $11.2M | $29.9M | 75x |
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 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: −0.092% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 1 min ago | 3.89 bp | 29.7 bp −$30 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.95 bp | 14.7 bp −$15 | 30.3 bp −$303 | 165.5 bp −$16.5K | 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 | 7.7220 | +0.011% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0089% | 4h | 7.7150 | −0.079% | $2.3M | $5.4M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7134 | −0.100% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDTshort | +0.0100% | 8h | 7.7140 | −0.092% | $11.2M | $29.9M | 75x | |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7090 | −0.156% | $4.6M | $5.8M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7130 | −0.105% | $12.0M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7190 | −0.027% | $4.1M | $4.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7150 | −0.079% | $2.9M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7150 | −0.079% | — | $3.2M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.7291 | +0.104% | $52K | $83K | — | 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_Perplong | +0.0100% | 8h | 7.7211 | long leg | $584K | $1.9M | 10x | |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7400 | +0.245% | $26K | $684K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7210 | −0.001% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7142 | −0.089% | $25K | $127K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7100 | −0.143% | $842K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0324% | 1h | 7.7322 | +0.144% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3172% | 1h | 7.7451 | +0.311% | $507K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
Binance ZENUSDT
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZEN
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD