ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.38 per $10,000 · paid last 24h −0.009%

Price spread now: Aster against BingX+0.246%7-day average +0.049% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$262as in the Price arb table

costs, in and out, $10k−$2822.818% of the position

Long on BingX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.246%, 7d avg +0.049%

Together, before fees−0.068%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.196% dearer against BingX than usual: you sell high and buy low (spread +0.246% now, against its 7-day average of +0.049%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEN-USDT	7.6560	0.0099	pay 0.0099% / 8h	1h 31m	—	$3.4M	—
Short	Aster ZENUSDT	7.6748	0.0061	get 0.0061% / 8h	1h 31m	$53K	$380K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BingX. 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 BingXbpFee AsterbpOrdersPrice spread, now +0.246%Rate

Funding earned: −$7.91
Price spread: +0.246% → +0.049%: $19.65
Slippage, 4 orders: −$263.75
Fee BingX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$270.02
Costs to cover: 2.818%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Aster: live order book, 51 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 BingX live order book, 4 min ago	4.56 bp	15.5 bp −$16	32.1 bp −$321	310.3 bp −$31.0K	506.3 bp −$253.1K
Sell Aster live order book, 51 min ago	9.10 bp	227.4 bp −$227	doesn't fit	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	−0.0118%	4h	7.6530	−0.039%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0062%	8h	7.6826	+0.348%	$51K	$150K	—	as long as short
KuCoin ZENUSDTM	−0.0043%	8h	7.6660	+0.131%	$4.3M	$5.0M	50x	as long as short
Binance ZENUSDT	−0.0003%	8h	7.6620	+0.079%	$11.0M	$31.9M	75x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.6855	+0.385%	$9K	—	5x	as long as short
Extended ZEN-USD	0.0000%	1h	7.6686	+0.165%	$25K	$110K	5x	as long as short
MEXC ZEN_USDT	0.0000%	8h	7.6650	+0.118%	$12.2M	$5.6M	200x	as long as short
Bitget ZENUSDT	+0.0043%	8h	7.6590	+0.039%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDTshort	+0.0061%	8h	7.6748	+0.246%	$53K	$380K	10x
BloFin ZEN-USDT	+0.0073%	8h	7.6680	+0.157%	$834K	$1.9M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0098%	8h	7.6600	+0.052%	$4.7M	$6.6M	75x	as long as short
BingX ZEN-USDTlong	+0.0099%	8h	7.6560	long leg	—	$3.4M	—
Hyperliquid ZEN	+0.0100%	1h	7.6755	+0.255%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6790	+0.300%	$572K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6830	+0.353%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6560	0.000%	$1K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1893%	1h	7.6970	+0.536%	$504K	$1.1M	25x	as long as short