Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.035%
Price spread now: Bitget against Bybit+0.026%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1181.179% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now +0.026%, 7d avg +0.039%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.7360 | 0.0100 | pay 0.0100% / 8h | 2h 11m | $4.5M | $5.7M | 75x |
| Short | Bitget ZENUSDT | 7.7380 | 0.0100 | get 0.0100% / 8h | 2h 11m | $2.9M | $3.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- Price spread: +0.026% → +0.039%
- −$1.28
- Slippage, 4 orders
- −$94.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$119.23
- Costs to cover
- 1.179%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: 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 Bybit live order book, 1 min ago | 3.23 bp | 39.8 bp −$40 | 157.5 bp −$1,575 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 5.17 bp | 19.1 bp −$19 | 39.4 bp −$394 | 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 | 7.7522 | +0.209% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0070% | 4h | 7.7350 | −0.013% | $2.3M | $5.3M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0083% | 8h | 7.7440 | +0.103% | $4.1M | $4.1M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7527 | +0.216% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7457 | +0.126% | $42K | $389K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7428 | +0.088% | $11.2M | $30.2M | 75x | as long as short |
| Bybit ZENUSDTlong | +0.0100% | 8h | 7.7360 | long leg | $4.5M | $5.7M | 75x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7420 | +0.078% | $11.9M | $5.0M | 200x | as long as short |
| Bitget ZENUSDTshort | +0.0100% | 8h | 7.7380 | +0.026% | $2.9M | $3.1M | 50x | |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7450 | +0.116% | — | $3.1M | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7942 | +0.753% | $56K | $88K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7571 | +0.273% | $582K | $2.5M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7670 | +0.401% | $27K | $676K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7460 | +0.129% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7372 | +0.016% | $25K | $132K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7560 | +0.259% | $815K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3056% | 1h | 7.7604 | +0.315% | $496K | $1.0M | 25x | as long as short |
Bybit ZENUSDT
Bitget ZENUSDT
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
MEXC ZEN_USDT
BingX ZEN-USDT
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD