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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0129%/8h= −14.1% APRnext payment $0.16 per $10,000 · paid last 24h −0.055%
Price spread now: dYdX against Hyperliquid+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEN7.68330.0129pay 0.0016% / 1h51m 42s$2.4M$1.8M5x
ShortdYdX ZEN-USD7.68460get 0.0000% / 1h51m 42s$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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
−$27.03
Price spread: +0.017% → 0.000%
$1.71
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$44.32
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.76 bp17.0 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0094%4h7.6560−0.355%$2.3M$5.8M50xas long as short
Variational Omni ZEN−0.0071%8h7.6728−0.136%$51K$150Kas long as short
KuCoin ZENUSDTM−0.0024%8h7.6660−0.225%$4.3M$5.1M50xas long as short
dYdX ZEN-USDshort0.0000%1h7.6846+0.017%$9K5x
Binance ZENUSDT+0.0008%8h7.6612−0.287%$11.0M$32.1M75xas long as short
MEXC ZEN_USDT+0.0014%8h7.6610−0.290%$12.2M$5.6M200xas long as short
Extended ZEN-USD+0.0016%1h7.6606−0.296%$25K$110K5xas long as short
Bitget ZENUSDT+0.0031%8h7.6610−0.290%$2.8M$3.5M50xas long as short
BloFin ZEN-USDT+0.0057%8h7.6730−0.134%$834K$1.9M75xas long as short
Aster ZENUSDT+0.0066%8h7.6718−0.150%$53K$381K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0100%8h7.6570−0.342%$4.7M$6.8M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6600−0.303%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6920+0.113%$585K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6990+0.204%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6540−0.381%$2K$1.4M20xas long as short
Hyperliquid ZENlong+0.0129%1h7.6833long leg$2.4M$1.8M5x
Kraken Futures PF_ZENUSD+0.1898%1h7.6762−0.092%$494K$1.1M25xas long as short