ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.014%

Price spread now: BingX against Binance+0.221%7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$560.556% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days−0.256%−$26 · spread now +0.221%, 7d avg −0.023%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.244% dearer against Binance than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZENUSDT	7.6870	0.0005	pay 0.0005% / 8h	1h 17m	$11.1M	$31.7M	75x
Short	BingX ZEN-USDT	7.7040	0.0097	get 0.0097% / 8h	1h 17m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.221%Rate

Funding earned: $19.28
Price spread: +0.221% → −0.023%: $24.42
Slippage, 4 orders: −$35.64
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$11.94
Costs to cover: 0.556%
Break-even: 11.3 days

Slippage from Binance: live order book, 9 min ago; BingX: live order book, 7 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 Binance live order book, 9 min ago	1.30 bp	12.9 bp −$13	27.5 bp −$275	385.2 bp −$38.5K	doesn't fit
Sell BingX live order book, 7 min ago	4.54 bp	13.8 bp −$14	28.5 bp −$285	194.3 bp −$19.4K	490.3 bp −$245.1K

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	−0.0093%	4h	7.6860	−0.013%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0044%	8h	7.6890	+0.027%	$51K	$150K	—	as long as short
KuCoin ZENUSDTM	−0.0041%	8h	7.6950	+0.104%	$4.3M	$5.0M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.6895	+0.033%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0004%	8h	7.6890	+0.026%	$12.2M	$5.6M	200x	as long as short
Binance ZENUSDTlong	+0.0005%	8h	7.6870	long leg	$11.1M	$31.7M	75x
Extended ZEN-USD	+0.0008%	1h	7.6883	+0.017%	$25K	$110K	5x	as long as short
BloFin ZEN-USDT	+0.0020%	8h	7.6880	+0.013%	$836K	$1.9M	75x	as long as short
Bitget ZENUSDT	+0.0054%	8h	7.6780	−0.117%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0074%	8h	7.6821	−0.063%	$53K	$380K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0091%	8h	7.6830	−0.052%	$4.7M	$6.6M	75x	as long as short
BingX ZEN-USDTshort	+0.0097%	8h	7.7040	+0.221%	—	$3.4M	—
Hyperliquid ZEN	+0.0100%	1h	7.7075	+0.267%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6930	+0.078%	$573K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7010	+0.182%	$27K	$682K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6930	+0.078%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1885%	1h	7.7274	+0.525%	$506K	$1.1M	25x	as long as short