ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.09 per $10,000 · paid last 24h +0.002%

Price spread now: Extended against ApeX Omni+0.137%7-day average −0.083% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$660.657% of the position

Long on ApeX Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 3 days (all we have)−0.661%−$66 · spread now +0.137%, 7d avg −0.083%

Together, before fees−0.648%+ Points / potential airdropExtended: Active · farm board−$65 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.221% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of −0.083%): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 10 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni ZENUSDT	7.7050	0.0087	pay 0.0011% / 1h	4m 57s	$27K	$682K	50x
Short	Extended ZEN-USD	7.7156	0.0016	get 0.0002% / 1h	4m 57s	$25K	$110K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee ExtendedbpOrdersPrice spread, now +0.137%Rate

Funding earned: −$14.87
Price spread: +0.137% → −0.083%: $22.06
Slippage, 4 orders: −$50.74
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$58.54
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; Extended: 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, 13 min ago	5.20 bp	12.4 bp −$12	84.3 bp −$843	doesn't fit	doesn't fit
Sell Extended live order book, 10 min ago	2.02 bp	19.7 bp −$20	172.1 bp −$1,721	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
OKX ZEN-USDT-SWAP	−0.0061%	4h	7.7140	+0.117%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0050%	8h	7.7045	−0.007%	$51K	$85K	—	as long as short
KuCoin ZENUSDTM	−0.0025%	8h	7.7170	+0.156%	$4.3M	$5.0M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7194	+0.187%	$9K	—	5x	as long as short
Extended ZEN-USDshort	+0.0016%	1h	7.7156	+0.137%	$25K	$110K	5x
MEXC ZEN_USDT	+0.0018%	8h	7.7190	+0.182%	$12.2M	$5.6M	200x	as long as short
Binance ZENUSDT	+0.0018%	8h	7.7208	+0.205%	$11.2M	$31.6M	75x	as long as short
Bitget ZENUSDT	+0.0063%	8h	7.7130	+0.104%	$2.8M	$3.5M	50x	as long as short
BloFin ZEN-USDT	+0.0073%	8h	7.7170	+0.156%	$838K	$1.8M	75x	as long as short
Bybit ZENUSDT	+0.0076%	8h	7.7120	+0.091%	$4.7M	$6.4M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZEN-USDT	+0.0082%	8h	7.7180	+0.169%	—	$3.4M	—	as long as short
ApeX Omni ZENUSDTlong	+0.0087%	1h	7.7050	long leg	$27K	$682K	50x
Aster ZENUSDT	+0.0091%	8h	7.7158	+0.140%	$53K	$380K	10x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7364	+0.408%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7122	+0.094%	$575K	$1.6M	10x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7200	+0.195%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1880%	1h	7.7488	+0.569%	$507K	$1.1M	25x	as long as short