Funding you earn now, next payment 22:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h +0.018%
Price spread now: Bitget against ApeX Omni+0.091%113s7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.609% of the position
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 3 days (all we have)−0.556%−$56 · spread now +0.091%, 7d avg −0.053%
=The price spread pays, funding is against you. Bitget is 0.144% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of −0.053%): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you. The two prices were read 113 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 | ApeX Omni ZENUSDT | 7.6510 | 0.0100 | pay 0.0013% / 1h | 7m 45s | $27K | $682K | 50x |
| Short | Bitget ZENUSDT | 7.6580 | 0.0035 | get 0.0035% / 8h | 2h 07m | $2.8M | $3.5M | 50x |
ApeX Omni ZENUSDT
Bitget ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against ApeX Omni. 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
- −$13.65
- Price spread: +0.091% → −0.053%
- $14.44
- Slippage, 4 orders
- −$38.91
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$60.13
- Costs to cover
- 0.609%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 16 min ago; Bitget: live order book, 10 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 ApeX Omni live order book, 16 min ago | 6.52 bp | 15.1 bp −$15 | 121.4 bp −$1,214 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 10 min ago | 3.91 bp | 17.1 bp −$17 | 33.0 bp −$330 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0081% | 8h | 7.6379 | −0.171% | $51K | $151K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0074% | 4h | 7.6540 | +0.039% | $2.3M | $5.8M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6746 | +0.309% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0010% | 8h | 7.6600 | +0.118% | $4.3M | $5.2M | 50x | as long as short |
| Extended ZEN-USD | +0.0016% | 1h | 7.6605 | +0.124% | $25K | $110K | 5x | as long as short |
| MEXC ZEN_USDT | +0.0016% | 8h | 7.6610 | +0.131% | $12.2M | $6.1M | 200x | as long as short |
| Binance ZENUSDT | +0.0016% | 8h | 7.6614 | +0.136% | $11.0M | $32.2M | 75x | as long as short |
| Bitget ZENUSDTshort | +0.0035% | 8h | 7.6580 | +0.091% | $2.8M | $3.5M | 50x | |
| BloFin ZEN-USDT | +0.0066% | 8h | 7.6660 | +0.196% | $838K | $1.9M | 75x | as long as short |
| Aster ZENUSDT | +0.0072% | 8h | 7.6569 | +0.077% | $54K | $379K | 10x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
dYdX ZEN-USD
KuCoin ZENUSDTM
Extended ZEN-USD
MEXC ZEN_USDT
Binance ZENUSDT
BloFin ZEN-USDT
Aster ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZEN | +0.0100% | 1h | 7.6846 | +0.439% | $2.4M | $1.9M | 5x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6550 | +0.052% | $4.6M | $6.8M | 75x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6580 | +0.091% | — | $3.4M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6534 | +0.031% | $582K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDTlong | +0.0100% | 1h | 7.6510 | long leg | $27K | $682K | 50x | |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6570 | +0.078% | $2K | $1.4M | 20x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1133% | 1h | 7.6777 | +0.348% | $494K | $1.1M | 25x | as long as short |
Hyperliquid ZEN
Bybit ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Kraken Futures PF_ZENUSD