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+0.0047%/8h= +5.1% APRpaid last 24h +0.023%
Price spread now: Extended against KuCoin−0.066%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as 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)+0.026%+$3 · spread now −0.066%, 7d avg −0.054%
Together, before fees+0.135%+ Points / potential airdropExtended: Active · farm board+$13 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
LongKuCoin ZENUSDTM7.60900.0057pay 0.0057% / 8h2h 46m$4.0M$4.2M50x
ShortExtended ZEN-USD7.60400.0104get 0.0013% / 1h46m 53s$22K$136K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$9.87
Price spread: −0.066% → −0.054%
−$1.21
Slippage, 4 orders
−$99.59
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$107.93
Costs to cover
1.166%
Break-even
83.5 days
Slippage from KuCoin: live order book, 6 min ago; Extended: live order book, 64 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, 6 min ago3.27 bp25.1 bp −$2585.0 bp −$850doesn't fitdoesn't fit
Sell Extended live order book, 64 min ago2.29 bp18.1 bp −$18183.3 bp −$1,833doesn'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%1h7.6247+0.206%$9K5xas long as short
KuCoin ZENUSDTMlong+0.0057%8h7.6090long leg$4.0M$4.2M50x
OKX ZEN-USDT-SWAP+0.0062%4h7.6060−0.039%$2.2M$5.2M50xas long as short
Hyperliquid ZEN+0.0100%1h7.6204+0.150%$2.4M$1.3M5xas long as short
Aster ZENUSDT+0.0100%8h7.6073−0.022%$43K$387K10xas long as short
Binance ZENUSDT+0.0100%8h7.6060−0.039%$10.9M$29.8M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6010−0.105%$4.5M$5.7M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.6080−0.013%$11.5M$4.9M200xas long as short
Bitget ZENUSDT+0.0100%8h7.5980−0.145%$2.8M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6060−0.039%$3.1Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEN+0.0100%8h7.6477+0.508%$55K$89Kas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6507+0.548%$575K$2.3M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6490+0.526%$26K$679K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6210+0.158%$2K$1.3M20xas long as short
Extended ZEN-USDshort+0.0104%1h7.6040−0.066%$22K$136K5x
BloFin ZEN-USDT+0.0220%8h7.6170+0.105%$819K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.3105%1h7.6380+0.381%$493K$1.0M25xas long as short