Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.060%
Price spread now: OKX against BingX−0.026%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$710.712% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 7 days+0.068%+$7 · spread now −0.026%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.7080 | 0.0100 | pay 0.0100% / 8h | 1h 02m | — | $3.0M | — |
| Short | OKX ZEN-USDT-SWAP | 7.7060 | 0.0100 | get 0.0050% / 4h | 1h 02m | $2.3M | $5.3M | 50x |
BingX ZEN-USDT
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.026% → −0.013%
- −$1.29
- Slippage, 4 orders
- −$51.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$72.54
- Costs to cover
- 0.712%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; OKX: live order book, 5 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, 3 min ago | 3.24 bp | 14.2 bp −$14 | 31.0 bp −$310 | 285.7 bp −$28.6K | 479.4 bp −$239.7K |
| Sell OKX live order book, 5 min ago | 1.94 bp | 19.7 bp −$20 | 90.9 bp −$909 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7165 | +0.110% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0021% | 8h | 7.7090 | +0.013% | $4.1M | $4.0M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7205 | +0.162% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7143 | +0.082% | $43K | $393K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7090 | +0.013% | $11.1M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7030 | −0.065% | $4.5M | $5.6M | 75x | as long as short |
| OKX ZEN-USDT-SWAPshort | +0.0100% | 4h | 7.7060 | −0.026% | $2.3M | $5.3M | 50x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7100 | +0.026% | $12.2M | $5.1M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7070 | −0.013% | $2.9M | $3.0M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.7080 | long leg | — | $3.0M | — |
dYdX ZEN-USD
KuCoin ZENUSDTM
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7251 | +0.222% | $55K | $69K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7209 | +0.167% | $579K | $2.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7170 | +0.117% | $27K | $671K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7130 | +0.065% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7034 | −0.060% | $22K | $130K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7170 | +0.117% | $838K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2855% | 1h | 7.7228 | +0.192% | $494K | $877K | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD