Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.006%
Price spread now: Binance against Aster−0.027%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$297as in the Price arb table
costs, in and out, $10k−$2962.963% of the position
Funding, last 5 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.027%, 7d avg −0.021%
=Together, before fees−0.100%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZENUSDT | 7.7865 | 0.0100 | pay 0.0100% / 8h | 52m 30s | $54K | $375K | 10x |
| Short | Binance ZENUSDT | 7.7844 | 0.0043 | get 0.0043% / 8h | 52m 30s | $11.2M | $31.6M | 75x |
Aster ZENUSDT
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.97
- Price spread: −0.027% → −0.021%
- −$0.59
- Slippage, 4 orders
- −$278.32
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$308.88
- Costs to cover
- 2.963%
- Break-even
- never at this rate
Slippage from Aster: live order book, 25 min ago; Binance: live order book, 4 min ago.
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 Aster live order book, 25 min ago | 8.45 bp | 18.7 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.65 bp | 10.8 bp −$11 | 27.9 bp −$279 | 235.3 bp −$23.5K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0038% | 8h | 7.7410 | −0.584% | $51K | $85K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0016% | 4h | 7.7740 | −0.160% | $2.3M | $5.8M | 50x | as long as short |
| KuCoin ZENUSDTM | −0.0005% | 8h | 7.7870 | +0.007% | $4.3M | $5.0M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7825 | −0.051% | $9K | — | 5x | as long as short |
| Extended ZEN-USD | +0.0040% | 1h | 7.7830 | −0.044% | $25K | $118K | 5x | as long as short |
| MEXC ZEN_USDT | +0.0041% | 8h | 7.7870 | +0.007% | $12.3M | $5.4M | 200x | as long as short |
| Binance ZENUSDTshort | +0.0043% | 8h | 7.7844 | −0.027% | $11.2M | $31.6M | 75x | |
| Bybit ZENUSDT | +0.0078% | 8h | 7.7770 | −0.121% | $4.7M | $6.3M | 75x | as long as short |
| BingX ZEN-USDT | +0.0080% | 8h | 7.7840 | −0.031% | — | $3.4M | — | as long as short |
| Bitget ZENUSDT | +0.0084% | 8h | 7.7830 | −0.044% | $2.9M | $3.5M | 50x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
dYdX ZEN-USD
Extended ZEN-USD
MEXC ZEN_USDT
Bybit ZENUSDT
BingX ZEN-USDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZENUSDTlong | +0.0100% | 8h | 7.7865 | long leg | $54K | $375K | 10x | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7789 | −0.097% | $588K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7420 | −0.571% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7870 | +0.007% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0161% | 8h | 7.7780 | −0.109% | $840K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0302% | 1h | 7.8057 | +0.247% | $2.4M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2639% | 1h | 7.8107 | +0.311% | $511K | $1.1M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD