Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.023%
Price spread now: Extended against Bybit+0.071%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1211.210% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.071%, 7d avg +0.023%
=Together, before fees−0.032%+ Points / potential airdropExtended: Active · farm board−$3 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 0.048% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.6060 | 0.0100 | pay 0.0100% / 8h | 2h 27m | $4.4M | $5.7M | 75x |
| Short | Extended ZEN-USD | 7.6114 | 0.0104 | get 0.0013% / 1h | 27m 11s | $22K | $134K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.071% → +0.023%
- $4.83
- Slippage, 4 orders
- −$105.03
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$115.36
- Costs to cover
- 1.210%
- Break-even
- 968.3 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 18 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 | 1.97 bp | 41.3 bp −$41 | 155.0 bp −$1,550 | doesn't fit | doesn't fit |
| Sell Extended live order book, 18 min ago | 3.22 bp | 19.4 bp −$19 | 147.5 bp −$1,475 | 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 | 7.6224 | +0.215% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0049% | 4h | 7.6110 | +0.066% | $2.2M | $5.2M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0063% | 8h | 7.6160 | +0.131% | $4.0M | $4.1M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.6201 | +0.185% | $2.4M | $1.4M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6128 | +0.089% | $42K | $388K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6120 | +0.079% | $10.9M | $29.8M | 75x | as long as short |
| Bybit ZENUSDTlong | +0.0100% | 8h | 7.6060 | long leg | $4.4M | $5.7M | 75x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6100 | +0.053% | $11.5M | $4.9M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6150 | +0.118% | $2.8M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6210 | +0.197% | — | $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 | 7.5903 | −0.206% | $54K | $89K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6110 | +0.066% | $578K | $2.4M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6350 | +0.381% | $26K | $678K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6180 | +0.158% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.6114 | +0.071% | $22K | $134K | 5x | |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6050 | −0.013% | $816K | $1.5M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3110% | 1h | 7.6257 | +0.259% | $487K | $1.0M | 25x | as long as short |
Bybit ZENUSDT
Extended ZEN-USD
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD