Funding you earn now, next payment 02:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.016%
Price spread now: ApeX Omni against Bitget+0.533%103s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.709% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.570%+$57 · spread now +0.533%, 7d avg +0.054%
=The price spread pays, funding is against you. ApeX Omni is 0.479% dearer against Bitget than usual: you sell high and buy low (spread +0.533% now, against its 7-day average of +0.054%): +$48 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 7 days (−0.067% in total) that is about 50 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZENUSDT | 7.6960 | 0.0100 | pay 0.0100% / 8h | 6h 45m | $2.9M | $3.5M | 50x |
| Short | ApeX Omni ZENUSDT | 7.7370 | −0.0059 | pay 0.0007% / 1h | 45m 51s | $26K | $687K | 50x |
Bitget ZENUSDT
ApeX Omni ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- −$33.3
- Price spread: +0.533% → +0.054%
- $47.91
- Slippage, 4 orders
- −$48.88
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$56.27
- Costs to cover
- 0.709%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; ApeX Omni: live order book, 23 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 Bitget live order book, 2 min ago | 3.24 bp | 16.9 bp −$17 | 42.6 bp −$426 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 23 min ago | 8.97 bp | 16.1 bp −$16 | 105.9 bp −$1,059 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZENUSDTshort | −0.0059% | 1h | 7.7370 | +0.533% | $26K | $687K | 50x | |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7048 | +0.114% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0053% | 8h | 7.6978 | +0.023% | $51K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6950 | −0.013% | $55K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6940 | −0.026% | $11.1M | $31.5M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6870 | −0.117% | $4.6M | $6.1M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6850 | −0.143% | $2.3M | $5.6M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6960 | 0.000% | $12.2M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.6980 | +0.026% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDTlong | +0.0100% | 8h | 7.6960 | long leg | $2.9M | $3.5M | 50x |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.6990 | +0.039% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7440 | +0.624% | $589K | $1.8M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6960 | 0.000% | $1K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6941 | −0.025% | $28K | $122K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7330 | +0.481% | $864K | $1.7M | 75x | as long as short |
| Hyperliquid ZEN | +0.0451% | 1h | 7.7094 | +0.174% | $2.4M | $1.7M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3212% | 1h | 7.7258 | +0.388% | $505K | $1.0M | 25x | as long as short |
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD