Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against BingX−0.026%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.026%, 7d avg −0.008%
=The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.6570 | 0.0099 | pay 0.0099% / 8h | 1h 30m | — | $3.4M | — |
| Short | Bitget ZENUSDT | 7.6550 | 0.0042 | get 0.0042% / 8h | 1h 30m | $2.8M | $3.5M | 50x |
BingX ZEN-USDT
Bitget ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BingX. 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
- −$11.97
- Price spread: −0.026% → −0.008%
- −$1.78
- Slippage, 4 orders
- −$43.75
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$79.51
- Costs to cover
- 0.658%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 3 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, 5 min ago | 4.56 bp | 15.5 bp −$16 | 32.1 bp −$321 | 310.3 bp −$31.0K | 506.3 bp −$253.1K |
| Sell Bitget live order book, 3 min ago | 3.26 bp | 18.8 bp −$19 | 34.2 bp −$342 | 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 | −0.0123% | 4h | 7.6530 | −0.052% | $2.3M | $5.8M | 50x | as long as short |
| Variational Omni ZEN | −0.0053% | 8h | 7.6615 | +0.059% | $51K | $150K | — | as long as short |
| KuCoin ZENUSDTM | −0.0048% | 8h | 7.6600 | +0.039% | $4.3M | $5.0M | 50x | as long as short |
| MEXC ZEN_USDT | −0.0003% | 8h | 7.6610 | +0.052% | $12.2M | $5.6M | 200x | as long as short |
| Binance ZENUSDT | −0.0003% | 8h | 7.6619 | +0.064% | $11.0M | $31.9M | 75x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6855 | +0.372% | $9K | — | 5x | as long as short |
| Extended ZEN-USD | 0.0000% | 1h | 7.6625 | +0.072% | $25K | $110K | 5x | as long as short |
| Bitget ZENUSDTshort | +0.0042% | 8h | 7.6550 | −0.026% | $2.8M | $3.5M | 50x | |
| Aster ZENUSDT | +0.0063% | 8h | 7.6695 | +0.163% | $53K | $380K | 10x | as long as short |
| BloFin ZEN-USDT | +0.0073% | 8h | 7.6680 | +0.144% | $834K | $1.9M | 75x | as long as short |
OKX ZEN-USDT-SWAP
Variational Omni ZEN
KuCoin ZENUSDTM
MEXC ZEN_USDT
Binance ZENUSDT
dYdX ZEN-USD
Extended ZEN-USD
Aster ZENUSDT
BloFin ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | +0.0098% | 8h | 7.6550 | −0.026% | $4.7M | $6.6M | 75x | as long as short |
| BingX ZEN-USDTlong | +0.0099% | 8h | 7.6570 | long leg | — | $3.4M | — | |
| Hyperliquid ZEN | +0.0100% | 1h | 7.6728 | +0.206% | $2.4M | $1.8M | 5x | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6790 | +0.287% | $572K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6830 | +0.340% | $27K | $683K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6560 | −0.013% | $1K | $1.4M | 20x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1894% | 1h | 7.6900 | +0.432% | $503K | $1.1M | 25x | as long as short |
Bybit ZENUSDT
Hyperliquid ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Kraken Futures PF_ZENUSD