Funding you earn now, next payment 21:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.051%
Price spread now: OKX against dYdX−0.064%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.064% cheaper against dYdX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | 7.7219 | 0 | get 0.0000% / 1h | 30m 55s | $9K | — | 5x |
| Short | OKX ZEN-USDT-SWAP | 7.7170 | −0.0042 | pay 0.0021% / 4h | 3h 30m | $2.3M | $7.3M | 50x |
dYdX ZEN-USD
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against dYdX. 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
- −$8.84
- Price spread: −0.064% → 0.000%
- −$6.38
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.21
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.95 bp | 15.5 bp −$16 | 86.0 bp −$860 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0202% | 8h | 7.6976 | −0.315% | $51K | $250K | — | as long as short |
| OKX ZEN-USDT-SWAPshort | −0.0042% | 4h | 7.7170 | −0.064% | $2.3M | $7.3M | 50x | |
| dYdX ZEN-USDlong | 0.0000% | 1h | 7.7219 | long leg | $9K | — | 5x | |
| MEXC ZEN_USDT | +0.0031% | 8h | 7.7240 | +0.027% | $12.3M | $6.6M | 200x | as long as short |
| Binance ZENUSDT | +0.0032% | 8h | 7.7216 | −0.004% | $10.9M | $35.2M | 75x | as long as short |
| Extended ZEN-USD | +0.0032% | 1h | 7.7203 | −0.021% | $25K | $110K | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0042% | 8h | 7.7230 | +0.014% | $4.4M | $5.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0045% | 8h | 7.7190 | −0.038% | $2.8M | $4.0M | 50x | as long as short |
| Aster ZENUSDT | +0.0074% | 8h | 7.7219 | 0.000% | $40K | $316K | 10x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7160 | −0.077% | $4.6M | $8.7M | 75x | as long as short |
Variational Omni ZEN
MEXC ZEN_USDT
Binance ZENUSDT
Extended ZEN-USD
KuCoin ZENUSDTM
Bitget ZENUSDT
Aster ZENUSDT
Bybit ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.7200 | −0.025% | — | $3.5M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7170 | −0.064% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7060 | −0.206% | $27K | $684K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7150 | −0.090% | $1K | $1.5M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0127% | 8h | 7.7150 | −0.090% | $828K | $2.1M | 75x | as long as short |
| Hyperliquid ZEN | +0.0242% | 1h | 7.7452 | +0.301% | $2.5M | $2.5M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1341% | 1h | 7.7332 | +0.146% | $491K | $1.2M | 25x | as long as short |
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD