Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.065%
Price spread now: Bitget against OKX+0.013%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$690.690% of the position
Funding, last 7 days+0.126%+$13 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.013%, 7d avg +0.007%
=The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEN-USDT-SWAP | 7.7140 | 0.0089 | pay 0.0045% / 4h | 1h 17m | $2.3M | $5.4M | 50x |
| Short | Bitget ZENUSDT | 7.7150 | 0.0100 | get 0.0100% / 8h | 5h 17m | $2.9M | $3.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $2.27
- Price spread: +0.013% → +0.007%
- $0.6
- Slippage, 4 orders
- −$46.99
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$66.13
- Costs to cover
- 0.690%
- Break-even
- 210.7 days
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, just now.
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 | 1.29 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 3.89 bp | 19.1 bp −$19 | 39.0 bp −$390 | doesn't fit | 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 | +0.103% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAPlong | +0.0089% | 4h | 7.7140 | long leg | $2.3M | $5.4M | 50x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.7133 | −0.009% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7139 | −0.001% | $11.2M | $29.9M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7100 | −0.052% | $4.6M | $5.8M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7160 | +0.026% | $12.0M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.7190 | +0.065% | $4.1M | $4.5M | 50x | as long as short |
| Bitget ZENUSDTshort | +0.0100% | 8h | 7.7150 | +0.013% | $2.9M | $3.2M | 50x | |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7160 | +0.026% | — | $3.2M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.7291 | +0.195% | $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_Perp | +0.0100% | 8h | 7.7211 | +0.092% | $584K | $1.9M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7400 | +0.337% | $26K | $684K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7210 | +0.091% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7142 | +0.003% | $25K | $127K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7100 | −0.052% | $842K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0321% | 1h | 7.7319 | +0.232% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3172% | 1h | 7.7451 | +0.403% | $507K | $1.0M | 25x | as long as short |
OKX ZEN-USDT-SWAP
Bitget ZENUSDT
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
KuCoin ZENUSDTM
BingX ZEN-USDT
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD