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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.026%
Price spread now: Extended against BloFin+0.133%74s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.658% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.220%−$22 on $10k
Price spread, last 4 days (all we have)−0.272%−$27 · spread now +0.133%, 7d avg −0.005%
Together, before fees−0.492%+ Points / potential airdropExtended: Active · farm board−$49 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.138% dearer against BloFin than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of −0.005%): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.0 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEN-USDT7.72600.0220pay 0.0220% / 8h1h 45m$835K$1.6M75x
ShortExtended ZEN-USD7.73630.0104get 0.0013% / 1h45m 44s$22K$129K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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
−$24.36
Price spread: +0.133% → −0.005%
$13.81
Slippage, 4 orders
−$48.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$76.33
Costs to cover
0.658%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Extended: live order book, 60 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 BloFin live order book, 2 min ago1.94 bp12.4 bp −$1227.4 bp −$274doesn't fitdoesn't fit
Sell Extended live order book, 60 min ago3.22 bp19.4 bp −$19147.5 bp −$1,475doesn'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
dYdX ZEN-USD0.0000%1h7.7277+0.022%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0054%4h7.7280+0.026%$2.3M$5.4M50xas long as short
KuCoin ZENUSDTM+0.0071%8h7.7390+0.168%$4.1M$4.1M50xas long as short
Hyperliquid ZEN+0.0100%1h7.7476+0.280%$2.4M$1.3M5xas long as short
Aster ZENUSDT+0.0100%8h7.7402+0.184%$44K$393K10xas long as short
Binance ZENUSDT+0.0100%8h7.7400+0.182%$11.2M$30.2M75xas long as short
Bybit ZENUSDT+0.0100%8h7.7320+0.078%$4.5M$5.7M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.7400+0.181%$11.9M$4.9M200xas long as short
Bitget ZENUSDT+0.0100%8h7.7340+0.104%$2.9M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.7320+0.078%$3.1Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEN+0.0100%8h7.7002−0.334%$55K$88Kas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7180−0.104%$584K$2.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7350+0.116%$27K$675K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7330+0.091%$1K$1.3M20xas long as short
Extended ZEN-USDshort+0.0104%1h7.7363+0.133%$22K$129K5x
BloFin ZEN-USDTlong+0.0220%8h7.7260long leg$835K$1.6M75x
Kraken Futures PF_ZENUSD+0.2841%1h7.7596+0.435%$496K$1.0M25xas long as short