ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0117%/8h= −12.8% APRnext payment −$1.17 per $10,000 · paid last 24h −0.033%

Price spread now: Bybit against Bitget−0.039%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1021.017% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.071%−$7 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.039%, 7d avg −0.040%

Together, before fees−0.085%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZENUSDT	7.7720	0.0100	pay 0.0100% / 8h	7h 57m	$2.9M	$3.5M	50x
Short	Bybit ZENUSDT	7.7690	−0.0017	pay 0.0017% / 8h	7h 57m	$4.6M	$6.2M	75x

Funding history

latest

Range statsloading…

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BitgetbpFee BybitbpOrdersPrice spread, now −0.039%Rate

Slippage from Bitget: live order book, 10 min ago; Bybit: live order book, 10 min ago.

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, 10 min ago	2.59 bp	12.3 bp −$12	32.9 bp −$329	doesn't fit	doesn't fit
Sell Bybit live order book, 10 min ago	2.59 bp	41.0 bp −$41	230.1 bp −$2,301	doesn't fit	doesn't fit

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
Variational Omni ZEN	−0.0020%	8h	7.7715	−0.007%	$52K	$85K	—	as long as short
Bybit ZENUSDTshort	−0.0017%	8h	7.7690	−0.039%	$4.6M	$6.2M	75x
dYdX ZEN-USD	0.0000%	1h	7.7819	+0.128%	$9K	—	5x	as long as short
OKX ZEN-USDT-SWAP	+0.0026%	4h	7.7650	−0.090%	$2.3M	$5.8M	50x	as long as short
KuCoin ZENUSDTM	+0.0055%	8h	7.7760	+0.051%	$4.4M	$4.9M	50x	as long as short
MEXC ZEN_USDT	+0.0087%	8h	7.7710	−0.013%	$12.5M	$5.3M	200x	as long as short
Binance ZENUSDT	+0.0087%	8h	7.7710	−0.013%	$11.2M	$31.6M	75x	as long as short
Extended ZEN-USD	+0.0088%	1h	7.7721	+0.001%	$25K	$113K	5x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7843	+0.158%	$2.4M	$1.8M	5x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7739	+0.025%	$53K	$378K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ZENUSDTlong	+0.0100%	8h	7.7720	long leg	$2.9M	$3.5M	50x
BingX ZEN-USDT	+0.0100%	8h	7.7730	+0.013%	—	$3.3M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7779	+0.076%	$587K	$1.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7810	+0.116%	$27K	$686K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7650	−0.090%	$2K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0205%	8h	7.7740	+0.026%	$847K	$1.8M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.2973%	1h	7.8054	+0.430%	$511K	$1.0M	25x	as long as short