Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.028%
Price spread now: BloFin against Extended+0.018%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.219%+$22 on $10k
Price spread, last 3 days (all we have)+0.252%+$25 · spread now +0.018%, 7d avg +0.023%
Together, before fees+0.471%+ Points / potential airdropExtended: Active · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEN-USD7.71560.0016pay 0.0002% / 1h4m 59s$25K$110K5x
ShortBloFin ZEN-USDT7.71700.0073get 0.0073% / 8h1h 04m$838K$1.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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

Funding earned
$11.87
Price spread: +0.018% → +0.023%
−$0.45
Slippage, 4 orders
−$50.04
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$55.63
Costs to cover
0.670%
Break-even
39.8 days
Slippage from Extended: live order book, 10 min ago; BloFin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 10 min ago2.02 bp18.9 bp −$19168.5 bp −$1,685doesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago5.84 bp14.5 bp −$1527.7 bp −$277103.7 bp −$10.4Kdoesn't fit

ZEN on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZEN-USDT-SWAP−0.0061%4h7.7140−0.020%$2.3M$5.8M50xas long as short
Variational Omni ZEN−0.0050%8h7.7045−0.144%$51K$85Kas long as short
KuCoin ZENUSDTM−0.0025%8h7.7170+0.018%$4.3M$5.0M50xas long as short
dYdX ZEN-USD0.0000%1h7.7194+0.050%$9K5xas long as short
Extended ZEN-USDlong+0.0016%1h7.7156long leg$25K$110K5x
MEXC ZEN_USDT+0.0018%8h7.7190+0.044%$12.2M$5.6M200xas long as short
Binance ZENUSDT+0.0018%8h7.7208+0.068%$11.2M$31.6M75xas long as short
Bitget ZENUSDT+0.0063%8h7.7130−0.033%$2.8M$3.5M50xas long as short
BloFin ZEN-USDTshort+0.0073%8h7.7170+0.018%$838K$1.8M75x
Bybit ZENUSDT+0.0076%8h7.7120−0.046%$4.7M$6.4M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0082%8h7.7180+0.031%$3.4Mas long as short
ApeX Omni ZENUSDT+0.0087%1h7.7050−0.137%$27K$682K50xas long as short
Aster ZENUSDT+0.0091%8h7.7158+0.003%$53K$380K10xas long as short
Hyperliquid ZEN+0.0100%1h7.7364+0.270%$2.4M$1.8M5xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7122−0.043%$575K$1.6M10xas long as short
SunX ZEN-USDT+0.0100%8h7.7200+0.057%$2K$1.4M20xas long as short
Kraken Futures PF_ZENUSD+0.1880%1h7.7488+0.431%$507K$1.1M25xas long as short