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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.31 per $10,000 · paid last 24h +0.027%
Price spread now: Aster against KuCoin−0.003%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1401.395% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.132%+$13 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.003%, 7d avg +0.015%
Together, before fees+0.205%+ Points / potential airdropAster: Stage 5 · farm board+$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZENUSDTM7.74400.0069pay 0.0069% / 8h1h 44m$4.1M$4.1M50x
ShortAster ZENUSDT7.74370.0100get 0.0100% / 8h1h 44m$44K$393K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$6.51
Price spread: −0.003% → +0.015%
−$1.89
Slippage, 4 orders
−$119.51
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$134.89
Costs to cover
1.395%
Break-even
152.0 days
Slippage from KuCoin: live order book, 3 min ago; Aster: live order book, 62 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 KuCoin live order book, 3 min ago4.53 bp54.3 bp −$54103.4 bp −$1,034doesn't fitdoesn't fit
Sell Aster live order book, 62 min ago6.57 bp20.4 bp −$20doesn't fitdoesn'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%1h7.7347−0.120%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0058%4h7.7260−0.232%$2.3M$5.4M50xas long as short
KuCoin ZENUSDTMlong+0.0069%8h7.7440long leg$4.1M$4.1M50x
Hyperliquid ZEN+0.0100%1h7.7561+0.156%$2.4M$1.3M5xas long as short
Aster ZENUSDTshort+0.0100%8h7.7437−0.003%$44K$393K10x
Binance ZENUSDT+0.0100%8h7.7375−0.083%$11.2M$30.2M75xas long as short
Bybit ZENUSDT+0.0100%8h7.7330−0.142%$4.5M$5.7M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.7400−0.052%$11.9M$5.0M200xas long as short
Bitget ZENUSDT+0.0100%8h7.7460+0.026%$2.9M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.7380−0.077%$3.1Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEN+0.0100%8h7.7271−0.218%$55K$83Kas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7271−0.218%$575K$2.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7290−0.194%$27K$675K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7540+0.129%$1K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.7417−0.030%$22K$129K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7560+0.155%$838K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.2836%1h7.7733+0.379%$497K$1.0M25xas long as short