Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Extended against Binance−0.022%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.022%, 7d avg −0.049%
=Together, before fees−0.029%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.028% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZENUSDT | 7.6935 | 0.0100 | pay 0.0100% / 8h | 19m 01s | $11.0M | $29.6M | 75x |
| Short | Extended ZEN-USD | 7.6919 | 0.0104 | get 0.0013% / 1h | 19m 01s | $22K | $231K | 5x |
Binance ZENUSDT
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: −0.022% → −0.049%
- $2.75
- Slippage, 4 orders
- −$52.4
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$63.81
- Costs to cover
- 0.674%
- Break-even
- 538.8 days
Slippage from Binance: live order book, 7 min ago; Extended: live order book, 18 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, 7 min ago | 0.65 bp | 14.6 bp −$15 | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell Extended live order book, 18 min ago | 2.98 bp | 19.9 bp −$20 | 194.0 bp −$1,940 | 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ZENUSDTM | −0.0011% | 8h | 7.6900 | −0.046% | $4.1M | $3.9M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6756 | −0.233% | $9K | — | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6927 | −0.011% | $42K | $390K | 10x | as long as short |
| Binance ZENUSDTlong | +0.0100% | 8h | 7.6935 | long leg | $11.0M | $29.6M | 75x | |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6880 | −0.072% | $4.5M | $5.5M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6880 | −0.072% | $2.3M | $5.3M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6940 | +0.006% | $12.2M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6920 | −0.020% | $2.9M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6910 | −0.033% | — | $2.9M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6492 | −0.577% | $54K | $69K | — | as long as short |
KuCoin ZENUSDTM
dYdX ZEN-USD
Aster ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6591 | −0.448% | $578K | $2.8M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6610 | −0.423% | $27K | $669K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6960 | +0.032% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.6919 | −0.022% | $22K | $231K | 5x | |
| Hyperliquid ZEN | +0.0218% | 1h | 7.7055 | +0.156% | $2.4M | $1.3M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6970 | +0.045% | $840K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2241% | 1h | 7.7052 | +0.151% | $492K | $794K | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD