ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.014%

Price spread now: ApeX Omni against dYdX+0.142%50s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.142% dearer against dYdX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZEN-USD	7.8069	0	get 0.0000% / 1h	18m 17s	$9K	—	5x
Short	ApeX Omni ZENUSDT	7.8180	0.0100	get 0.0013% / 1h	18m 17s	$27K	$682K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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

Position, each leg$Hold fordaysFee dYdXbpFee ApeX OmnibpOrdersPrice spread, now +0.142%Rate

Funding earned: $21
Price spread: +0.142% → 0.000%: $14.17
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $15.17
Costs to cover: 0.200%
Break-even: 1.9 days

Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 50 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 50 min ago	8.97 bp	16.1 bp −$16	105.9 bp −$1,059	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEN on 16 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-USDlong	0.0000%	1h	7.8069	long leg	$9K	—	5x
Variational Omni ZEN	+0.0079%	8h	7.8131	+0.078%	$52K	$85K	—	as long as short
Aster ZENUSDT	+0.0100%	8h	7.8062	−0.009%	$56K	$383K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.8078	+0.011%	$11.3M	$31.0M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.8020	−0.063%	$4.6M	$6.0M	75x	as long as short
OKX ZEN-USDT-SWAP	+0.0100%	4h	7.8000	−0.089%	$2.4M	$5.6M	50x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.8040	−0.038%	$12.2M	$5.4M	200x	as long as short
KuCoin ZENUSDTM	+0.0100%	8h	7.8060	−0.012%	$4.2M	$4.7M	50x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.8070	+0.001%	$3.0M	$3.5M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.8070	+0.001%	—	$3.2M	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.8290	+0.282%	$583K	$1.8M	10x	as long as short
ApeX Omni ZENUSDTshort	+0.0100%	1h	7.8180	+0.142%	$27K	$682K	50x
SunX ZEN-USDT	+0.0100%	8h	7.8150	+0.103%	$1K	$1.4M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.8139	+0.089%	$28K	$120K	5x	as long as short
Hyperliquid ZEN	+0.0460%	1h	7.8210	+0.180%	$2.5M	$1.6M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.3166%	1h	7.8391	+0.412%	$513K	$1.0M	25x	as long as short