Funding you earn now, next payment 03:00 UTC+0.3086%/8h= +337.9% APRpaid last 24h +0.378%
Price spread now: Kraken Futures against SunX+0.312%7-day average +0.177% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.258%+$126 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.312%, 7d avg +0.177%
=Both sides work for this trade now. Funding pays +$93 a day on $10k at the current rate, and Kraken Futures is 0.135% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.177%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.258% in total (about 65.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEN-USDT | 7.6880 | 0.0100 | pay 0.0100% / 8h | 5h 39m | $1K | $1.3M | 20x |
| Short | Kraken Futures PF_ZENUSD | 7.7120 | 0.3186 | get 0.0398% / 1h | 39m 17s | $505K | $1.0M | 25x |
SunX ZEN-USDT
Kraken Futures PF_ZENUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $648
- Price spread: +0.312% → +0.177%
- $13.48
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $643.47
- Costs to cover
- 0.180%
- Break-even
- 0.0 days
Slippage unknown: SunX: live order book, 5 min ago; Kraken Futures: live order book, 4 min ago. 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 SunX live order book, 5 min ago | 500.19 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 38.69 bp | 44.8 bp −$45 | 153.5 bp −$1,535 | 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 | 7.6883 | +0.004% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0095% | 8h | 7.6940 | +0.078% | $51K | $83K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6915 | +0.045% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6850 | −0.039% | $11.1M | $30.1M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6770 | −0.143% | $4.6M | $5.8M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6770 | −0.143% | $2.3M | $5.4M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6850 | −0.039% | $11.9M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.6850 | −0.039% | $4.1M | $4.6M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6790 | −0.117% | $2.9M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6790 | −0.117% | — | $3.2M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
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 | 7.7270 | +0.507% | $584K | $1.8M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7270 | +0.507% | $26K | $683K | 50x | as long as short |
| SunX ZEN-USDTlong | +0.0100% | 8h | 7.6880 | long leg | $1K | $1.3M | 20x | |
| Extended ZEN-USD | +0.0104% | 1h | 7.6850 | −0.040% | $24K | $122K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6820 | −0.078% | $847K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0349% | 1h | 7.6977 | +0.126% | $2.5M | $1.4M | 5x | as long as short |
| Kraken Futures PF_ZENUSDshort | +0.3186% | 1h | 7.7120 | +0.312% | $505K | $1.0M | 25x |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN