Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.035%
Price spread now: dYdX against OKX−0.182%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.182% cheaper against OKX than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEN-USDT-SWAP | 7.7950 | 0.0100 | pay 0.0050% / 4h | 2h 25m | $2.3M | $5.5M | 50x |
| Short | dYdX ZEN-USD | 7.7808 | 0 | get 0.0000% / 1h | 25m 50s | $9K | — | 5x |
OKX ZEN-USDT-SWAP
dYdX ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.182% → 0.000%
- −$18.17
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$59.17
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 1.29 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn'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 16 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-USDshort | 0.0000% | 1h | 7.7808 | −0.182% | $9K | — | 5x | |
| Variational Omni ZEN | +0.0074% | 8h | 7.7907 | −0.055% | $52K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7949 | −0.001% | $56K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7980 | +0.038% | $11.3M | $30.9M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7890 | −0.077% | $4.6M | $6.0M | 75x | as long as short |
| OKX ZEN-USDT-SWAPlong | +0.0100% | 4h | 7.7950 | long leg | $2.3M | $5.5M | 50x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7960 | +0.013% | $12.2M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.8030 | +0.103% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7970 | +0.026% | $2.9M | $3.4M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.8000 | +0.064% | — | $3.3M | — | as long as short |
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7440 | −0.654% | $577K | $1.8M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7400 | −0.706% | $26K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7930 | −0.026% | $2K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7971 | +0.027% | $28K | $120K | 5x | as long as short |
| Hyperliquid ZEN | +0.0373% | 1h | 7.8154 | +0.262% | $2.5M | $1.6M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3171% | 1h | 7.8268 | +0.407% | $512K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
Kraken Futures PF_ZENUSD