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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against MEXC+0.026%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.618% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.264%+$26 · spread now +0.026%, 7d avg +0.024%
Together, before fees+0.274%+ Points / potential airdropAster: Stage 5 · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEN_USDT7.64400.0013pay 0.0013% / 8h2h 52m$12.0M$6.0M200x
ShortAster ZENUSDT7.64600.0055get 0.0055% / 8h2h 52m$54K$388K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
$8.81
Price spread: +0.026% → +0.024%
$0.25
Slippage, 4 orders
−$49.85
Fee MEXC: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
−$52.78
Costs to cover
0.618%
Break-even
48.9 days
Slippage from MEXC: live order book, 1 min ago; Aster: live order book, 34 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 MEXC live order book, 1 min ago1.31 bp8.8 bp −$920.5 bp −$20589.8 bp −$8,983doesn't fit
Sell Aster live order book, 34 min ago7.79 bp23.3 bp −$23doesn'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
Variational Omni ZEN−0.0165%8h7.6195−0.321%$51K$232Kas long as short
OKX ZEN-USDT-SWAP−0.0019%4h7.6420−0.026%$2.3M$6.5M50xas long as short
dYdX ZEN-USD0.0000%1h7.6505+0.085%$9K5xas long as short
MEXC ZEN_USDTlong+0.0013%8h7.6440long leg$12.0M$6.0M200x
Binance ZENUSDT+0.0014%8h7.6446+0.008%$10.9M$33.7M75xas long as short
Extended ZEN-USD+0.0016%1h7.6472+0.042%$25K$110K5xas long as short
KuCoin ZENUSDTM+0.0019%8h7.6500+0.078%$4.3M$5.3M50xas long as short
Bitget ZENUSDT+0.0040%8h7.6450+0.013%$2.8M$3.7M50xas long as short
BloFin ZEN-USDT+0.0054%8h7.6520+0.105%$834K$2.0M75xas long as short
Aster ZENUSDTshort+0.0055%8h7.6460+0.026%$54K$388K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZEN+0.0100%1h7.6598+0.207%$2.4M$2.1M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6400−0.052%$4.6M$7.4M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6430−0.013%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6518+0.102%$580K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6310−0.170%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6600+0.209%$2K$1.5M20xas long as short
Kraken Futures PF_ZENUSD+0.1134%1h7.6730+0.379%$494K$1.1M25xas long as short