Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%
Price spread now: Binance against OKX+0.051%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.051%, 7d avg +0.036%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEN-USDT-SWAP | 7.7760 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $2.3M | $5.7M | 50x |
| Short | Binance ZENUSDT | 7.7800 | 0.0100 | get 0.0100% / 8h | 7h 17m | $11.4M | $31.3M | 75x |
OKX ZEN-USDT-SWAP
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.051% → +0.036%
- $1.56
- Slippage, 4 orders
- −$38.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.45
- Costs to cover
- 0.580%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.64 bp | 17.4 bp −$17 | 165.7 bp −$1,657 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.64 bp | 12.3 bp −$12 | 32.5 bp −$325 | 251.3 bp −$25.1K | 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 | 7.7799 | +0.051% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0011% | 8h | 7.8012 | +0.324% | $52K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7881 | +0.156% | $53K | $379K | 10x | as long as short |
| Binance ZENUSDTshort | +0.0100% | 8h | 7.7800 | +0.051% | $11.4M | $31.3M | 75x | |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7780 | +0.026% | $4.7M | $6.1M | 75x | as long as short |
| OKX ZEN-USDT-SWAPlong | +0.0100% | 4h | 7.7760 | long leg | $2.3M | $5.7M | 50x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7810 | +0.064% | $12.5M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7860 | +0.129% | $4.5M | $4.8M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7840 | +0.103% | $2.9M | $3.4M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7830 | +0.090% | — | $3.3M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.8070 | +0.399% | $584K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.8110 | +0.450% | $27K | $689K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7730 | −0.039% | $2K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7809 | +0.064% | $22K | $121K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7790 | +0.039% | $844K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0275% | 1h | 7.8008 | +0.319% | $2.5M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2969% | 1h | 7.8142 | +0.491% | $511K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD