Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Aster−0.164%7-day average −0.092% · 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−$136as in the Price arb table
costs, in and out, $10k−$1291.286% of the position
Funding, last 6 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.164%, 7d avg −0.092%
=Together, before fees+0.015%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.072% cheaper against Aster than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZENUSDT | 7.7057 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $43K | $393K | 10x |
| Short | Bybit ZENUSDT | 7.6930 | 0.0100 | get 0.0100% / 8h | 1h 36m | $4.5M | $5.7M | 75x |
Aster ZENUSDT
Bybit ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.164% → −0.092%
- −$7.2
- Slippage, 4 orders
- −$109.56
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$135.76
- Costs to cover
- 1.286%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Bybit: live order book, 2 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, 6 min ago | 7.77 bp | 23.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 4.54 bp | 38.8 bp −$39 | 239.5 bp −$2,395 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7065 | +0.010% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0047% | 8h | 7.6940 | −0.151% | $4.1M | $4.1M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0056% | 4h | 7.6960 | −0.125% | $2.3M | $5.4M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7142 | +0.111% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDTlong | +0.0100% | 8h | 7.7057 | long leg | $43K | $393K | 10x | |
| Binance ZENUSDT | +0.0100% | 8h | 7.7000 | −0.073% | $11.1M | $30.2M | 75x | as long as short |
| Bybit ZENUSDTshort | +0.0100% | 8h | 7.6930 | −0.164% | $4.5M | $5.7M | 75x | |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7020 | −0.047% | $11.9M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6960 | −0.125% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6950 | −0.138% | — | $3.1M | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
Hyperliquid ZEN
Binance ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7176 | +0.156% | $55K | $83K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7239 | +0.237% | $583K | $2.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7260 | +0.264% | $27K | $675K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6970 | −0.112% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6931 | −0.162% | $22K | $133K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7120 | +0.082% | $833K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2858% | 1h | 7.7154 | +0.126% | $493K | $1.0M | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD