Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: Aster against Bitget+0.024%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$277as in the Price arb table
costs, in and out, $10k−$2762.755% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.024%, 7d avg +0.043%
Together, before fees+0.068%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZENUSDT7.77600.0100pay 0.0100% / 8h1m 56s$2.9M$3.5M50x
ShortAster ZENUSDT7.77790.0100get 0.0100% / 8h1m 56s$53K$378K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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

Funding earned
$0
Price spread: +0.024% → +0.043%
−$1.86
Slippage, 4 orders
−$255.54
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$277.4
Costs to cover
2.755%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; Aster: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago2.59 bp12.3 bp −$1232.9 bp −$329doesn't fitdoesn't fit
Sell Aster live order book, 10 min ago7.11 bp236.4 bp −$236doesn't fitdoesn't fitdoesn't fit

ZEN on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEN−0.0029%8h7.7390−0.476%$52K$85Kas long as short
dYdX ZEN-USD0.0000%1h7.7668−0.118%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0009%4h7.7700−0.077%$2.3M$5.8M50xas long as short
KuCoin ZENUSDTM+0.0043%8h7.7750−0.013%$4.4M$4.9M50xas long as short
Bybit ZENUSDT+0.0051%8h7.7730−0.039%$4.6M$6.2M75xas long as short
MEXC ZEN_USDT+0.0078%8h7.7770+0.013%$12.5M$5.5M200xas long as short
Extended ZEN-USD+0.0080%1h7.7754−0.007%$25K$118K5xas long as short
Binance ZENUSDT+0.0081%8h7.7770+0.013%$11.2M$31.6M75xas long as short
Aster ZENUSDTshort+0.0100%8h7.7779+0.024%$53K$378K10x
Bitget ZENUSDTlong+0.0100%8h7.7760long leg$2.9M$3.5M50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0100%8h7.7730−0.039%$3.3Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7690−0.090%$587K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7520−0.309%$26K$686K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7550−0.270%$2K$1.4M20xas long as short
BloFin ZEN-USDT+0.0198%8h7.77600.000%$848K$1.8M75xas long as short
Hyperliquid ZEN+0.0332%1h7.7939+0.230%$2.4M$1.8M5xas long as short
Kraken Futures PF_ZENUSD+0.2643%1h7.7993+0.299%$510K$1.0M25xas long as short