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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −2.9% APRnext payment $0.27 per $10,000 · paid last 24h −0.012%
Price spread now: SunX against BloFin0.000%7-day average +0.027% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.160%−$16 on $10k
Price spread, last 3 days (all we have)−0.471%−$47 · spread now 0.000%, 7d avg +0.027%
Together, before fees−0.631%−$63 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.027% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.027%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEN-USDT7.71500.0127pay 0.0127% / 8h3h 30m$828K$2.1M75x
ShortSunX ZEN-USDT7.71500.0100get 0.0100% / 8h3h 30m$1K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$5.59
Price spread: 0.000% → +0.027%
−$2.66
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.25
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 3 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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, 3 min ago5.19 bp12.4 bp −$1222.5 bp −$225doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago500.58 bpdoesn't fitdoesn'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−0.0196%8h7.7069−0.105%$51K$250Kas long as short
OKX ZEN-USDT-SWAP−0.0041%4h7.7190+0.052%$2.3M$7.3M50xas long as short
dYdX ZEN-USD0.0000%1h7.7338+0.243%$9K5xas long as short
MEXC ZEN_USDT+0.0031%8h7.7210+0.078%$12.3M$6.6M200xas long as short
Binance ZENUSDT+0.0031%8h7.7240+0.117%$10.9M$35.2M75xas long as short
Extended ZEN-USD+0.0032%1h7.7268+0.153%$25K$110K5xas long as short
KuCoin ZENUSDTM+0.0043%8h7.7260+0.143%$4.4M$5.5M50xas long as short
Bitget ZENUSDT+0.0046%8h7.7260+0.143%$2.8M$4.0M50xas long as short
Aster ZENUSDT+0.0074%8h7.7221+0.092%$40K$316K10xas long as short
Bybit ZENUSDT+0.0100%8h7.7210+0.078%$4.6M$8.7M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0100%8h7.7230+0.104%$3.5Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7170+0.026%$579K$1.5M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7060−0.117%$27K$684K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.71500.000%$1K$1.5M20x
BloFin ZEN-USDTlong+0.0127%8h7.7150long leg$828K$2.1M75x
Hyperliquid ZEN+0.0241%1h7.7433+0.367%$2.5M$2.5M5xas long as short
Kraken Futures PF_ZENUSD+0.1341%1h7.7332+0.235%$491K$1.2M25xas long as short