Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.006%
Price spread now: Binance against Extended+0.077%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.077%, 7d avg +0.051%
=Together, before fees−0.025%+ 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: Binance is 0.026% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEN-USD | 7.7471 | 0.0088 | pay 0.0011% / 1h | 32m 57s | $24K | $119K | 5x |
| Short | Binance ZENUSDT | 7.7531 | 0.0091 | get 0.0091% / 8h | 7h 32m | $11.2M | $31.3M | 75x |
Extended ZEN-USD
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- $0.66
- Price spread: +0.077% → +0.051%
- $2.64
- Slippage, 4 orders
- −$52.87
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$64.57
- Costs to cover
- 0.679%
- Break-even
- 690.3 days
Slippage from Extended: live order book, 37 min ago; Binance: live order book, 8 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 Extended live order book, 37 min ago | 3.36 bp | 19.5 bp −$19 | 177.7 bp −$1,777 | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.64 bp | 12.6 bp −$13 | 29.4 bp −$294 | 237.0 bp −$23.7K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | −0.0028% | 8h | 7.7450 | −0.027% | $4.6M | $6.1M | 75x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7520 | +0.064% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0002% | 8h | 7.7493 | +0.029% | $52K | $85K | — | as long as short |
| KuCoin ZENUSDTM | +0.0071% | 8h | 7.7490 | +0.025% | $4.4M | $4.8M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0085% | 4h | 7.7460 | −0.014% | $2.3M | $5.7M | 50x | as long as short |
| Extended ZEN-USDlong | +0.0088% | 1h | 7.7471 | long leg | $24K | $119K | 5x | |
| MEXC ZEN_USDT | +0.0091% | 8h | 7.7540 | +0.089% | $12.5M | $5.3M | 200x | as long as short |
| Binance ZENUSDTshort | +0.0091% | 8h | 7.7531 | +0.077% | $11.2M | $31.3M | 75x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.7429 | −0.054% | $52K | $378K | 10x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7500 | +0.038% | $2.8M | $3.4M | 50x | as long as short |
Bybit ZENUSDT
dYdX ZEN-USD
Variational Omni ZEN
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Aster ZENUSDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.7500 | +0.038% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7446 | −0.032% | $582K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7750 | +0.361% | $27K | $687K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7470 | −0.001% | $2K | $1.4M | 20x | as long as short |
| Hyperliquid ZEN | +0.0102% | 1h | 7.7690 | +0.283% | $2.4M | $1.8M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0211% | 8h | 7.7430 | −0.053% | $850K | $1.8M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2984% | 1h | 7.7753 | +0.365% | $509K | $1.0M | 25x | as long as short |
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD