Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.012%
Price spread now: Extended against Bitget−0.127%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.127%, 7d avg −0.029%
=Together, before fees+0.080%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.099% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZENUSDT | 7.6420 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $2.8M | $3.1M | 50x |
| Short | Extended ZEN-USD | 7.6323 | 0.0104 | get 0.0013% / 1h | 49m 27s | $25K | $147K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.127% → −0.029%
- −$9.86
- Slippage, 4 orders
- −$56.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$82.04
- Costs to cover
- 0.730%
- Break-even
- 690.7 days
Slippage from Bitget: live order book, 3 min ago; Extended: live order book, 1 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, 3 min ago | 3.26 bp | 16.5 bp −$16 | 52.2 bp −$522 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 2.29 bp | 18.1 bp −$18 | 183.3 bp −$1,833 | 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 | 7.6681 | +0.342% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0055% | 8h | 7.6380 | −0.052% | $4.1M | $4.3M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0058% | 4h | 7.6350 | −0.092% | $2.2M | $5.3M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6390 | −0.039% | $48K | $380K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6340 | −0.105% | $10.9M | $30.3M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6330 | −0.118% | $4.5M | $5.9M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6310 | −0.144% | $11.5M | $5.0M | 200x | as long as short |
| Bitget ZENUSDTlong | +0.0100% | 8h | 7.6420 | long leg | $2.8M | $3.1M | 50x | |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6410 | −0.013% | — | $3.1M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6582 | +0.211% | $55K | $89K | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6733 | +0.409% | $577K | $2.1M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6690 | +0.353% | $27K | $681K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6420 | 0.000% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.6323 | −0.127% | $25K | $147K | 5x | |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6580 | +0.209% | $829K | $1.5M | 75x | as long as short |
| Hyperliquid ZEN | +0.0283% | 1h | 7.6491 | +0.093% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2343% | 1h | 7.6572 | +0.199% | $494K | $1.0M | 25x | as long as short |
Bitget ZENUSDT
Extended ZEN-USD
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
BingX ZEN-USDT
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD