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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.023%
Price spread now: KuCoin against Extended+0.035%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1171.166% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.035%, 7d avg +0.054%
Together, before fees−0.104%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEN-USD7.60740.0104pay 0.0013% / 1h46m 17s$22K$134K5x
ShortKuCoin ZENUSDTM7.61000.0058get 0.0058% / 8h2h 46m$4.0M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$9.66
Price spread: +0.035% → +0.054%
−$1.9
Slippage, 4 orders
−$99.59
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$128.15
Costs to cover
1.166%
Break-even
never at this rate
Slippage from Extended: live order book, 64 min ago; KuCoin: live order book, 6 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, 64 min ago2.29 bp19.3 bp −$19165.2 bp −$1,652doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago3.27 bp54.2 bp −$5498.7 bp −$987doesn't fitdoesn'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
dYdX ZEN-USD0.0000%1h7.6158+0.111%$9K5xas long as short
KuCoin ZENUSDTMshort+0.0058%8h7.6100+0.035%$4.0M$4.2M50x
OKX ZEN-USDT-SWAP+0.0066%4h7.6080+0.009%$2.2M$5.2M50xas long as short
Hyperliquid ZEN+0.0100%1h7.6218+0.190%$2.4M$1.3M5xas long as short
Aster ZENUSDT+0.0100%8h7.6140+0.088%$43K$387K10xas long as short
Binance ZENUSDT+0.0100%8h7.6092+0.024%$10.9M$29.8M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6050−0.031%$4.5M$5.7M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.6090+0.022%$11.5M$4.9M200xas long as short
Bitget ZENUSDT+0.0100%8h7.6030−0.057%$2.8M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6090+0.022%$3.1Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEN+0.0100%8h7.6477+0.530%$55K$89Kas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6507+0.570%$575K$2.3M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6490+0.547%$26K$679K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6120+0.061%$1K$1.3M20xas long as short
Extended ZEN-USDlong+0.0104%1h7.6074long leg$22K$134K5x
BloFin ZEN-USDT+0.0220%8h7.6170+0.127%$819K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.3109%1h7.6273+0.262%$492K$1.0M25xas long as short