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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: MEXC against Extended+0.029%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$530.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.029%, 7d avg +0.048%
Together, before fees−0.053%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEN-USD7.63380.0104pay 0.0013% / 1h46m 03s$25K$147K5x
ShortMEXC ZEN_USDT7.63600.0100get 0.0100% / 8h3h 46m$11.6M$5.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$0.84
Price spread: +0.029% → +0.048%
−$1.95
Slippage, 4 orders
−$44.38
Fee Extended: 2.5 bp × 2 orders
−$5
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$56.16
Costs to cover
0.534%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; MEXC: live order book, 2 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, 5 min ago2.29 bp19.3 bp −$19165.2 bp −$1,652doesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago1.31 bp8.4 bp −$832.7 bp −$32797.5 bp −$9,754doesn'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%1h7.6337−0.001%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0043%4h7.6300−0.050%$2.2M$5.3M50xas long as short
KuCoin ZENUSDTM+0.0046%8h7.6360+0.029%$4.1M$4.3M50xas long as short
Aster ZENUSDT+0.0100%8h7.6311−0.035%$48K$381K10xas long as short
Binance ZENUSDT+0.0100%8h7.6320−0.023%$10.9M$30.3M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6320−0.023%$4.5M$5.8M75xas long as short
MEXC ZEN_USDTshort+0.0100%8h7.6360+0.029%$11.6M$5.0M200x
Bitget ZENUSDT+0.0100%8h7.6360+0.029%$2.8M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6300−0.050%$3.1Mas long as short
Variational Omni ZEN+0.0100%8h7.6332−0.008%$54K$89Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6390+0.068%$574K$2.2M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6350+0.016%$26K$681K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6400+0.081%$1K$1.3M20xas long as short
Extended ZEN-USDlong+0.0104%1h7.6338long leg$25K$147K5x
BloFin ZEN-USDT+0.0220%8h7.6360+0.029%$827K$1.5M75xas long as short
Hyperliquid ZEN+0.0237%1h7.6447+0.143%$2.5M$1.3M5xas long as short
Kraken Futures PF_ZENUSD+0.2343%1h7.6548+0.275%$494K$1.0M25xas long as short