ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.1461%/8h= −160.0% APRnext payment −$1.83 per $10,000 · paid last 24h −0.513%

Price spread now: dYdX against Kraken Futures+0.011%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$44 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ZENUSD	7.7183	0.1461	pay 0.0183% / 1h	57m 32s	$496K	$686K	25x
Short	dYdX ZEN-USD	7.7191	0	get 0.0000% / 1h	57m 32s	$9K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Kraken Futures. 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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee dYdXbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$306.84
Price spread: +0.011% → 0.000%: $1.08
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$325.76
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 6 min ago; dYdX: no order-book sample. 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 Kraken Futures live order book, 6 min ago	21.31 bp	63.9 bp −$64	154.2 bp −$1,542	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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
dYdX ZEN-USDshort	0.0000%	1h	7.7191	+0.011%	$9K	—	5x
KuCoin ZENUSDTM	+0.0037%	8h	7.7160	−0.030%	$4.1M	$3.6M	50x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7178	−0.007%	$43K	$385K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.7120	−0.081%	$11.1M	$29.1M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.7030	−0.198%	$4.5M	$5.3M	75x	as long as short
OKX ZEN-USDT-SWAP	+0.0100%	4h	7.7100	−0.107%	$2.3M	$5.2M	50x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7090	−0.120%	$12.0M	$4.9M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7050	−0.172%	$2.8M	$3.0M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.7080	−0.133%	—	$2.9M	—	as long as short
Variational Omni ZEN	+0.0100%	8h	7.7251	+0.088%	$51K	$55K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7340	+0.204%	$584K	$3.0M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7390	+0.268%	$27K	$666K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7160	−0.030%	$1K	$1.2M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.7038	−0.187%	$22K	$236K	5x	as long as short
BloFin ZEN-USDT	+0.0220%	8h	7.7230	+0.061%	$834K	$1.6M	75x	as long as short
Hyperliquid ZEN	+0.0306%	1h	7.7235	+0.068%	$2.4M	$1.2M	5x	as long as short
Kraken Futures PF_ZENUSDlong	+0.1461%	1h	7.7183	long leg	$496K	$686K	25x