ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.026%

Price spread now: BloFin against Binance0.000%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now 0.000%, 7d avg −0.044%

Together, before fees+0.184%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.044% dearer against Binance than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZENUSDT	7.6580	0.0100	pay 0.0100% / 8h	3h 24m	$11.0M	$29.8M	75x
Short	BloFin ZEN-USDT	7.6580	0.0220	get 0.0220% / 8h	3h 24m	$820K	$1.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now 0.000%Rate

Funding earned: $25.2
Price spread: 0.000% → −0.044%: $4.41
Slippage, 4 orders: −$33.18
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.56
Costs to cover: 0.552%
Break-even: 14.1 days

Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 8 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 Binance live order book, 2 min ago	0.65 bp	12.3 bp −$12	29.6 bp −$296	433.5 bp −$43.3K	doesn't fit
Sell BloFin live order book, 8 min ago	5.23 bp	15.1 bp −$15	36.1 bp −$361	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	7.6633	+0.069%	$9K	—	5x	as long as short
KuCoin ZENUSDTM	+0.0056%	8h	7.6610	+0.039%	$4.1M	$4.2M	50x	as long as short
OKX ZEN-USDT-SWAP	+0.0073%	4h	7.6590	+0.013%	$2.2M	$5.2M	50x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.6586	+0.008%	$44K	$385K	10x	as long as short
Binance ZENUSDTlong	+0.0100%	8h	7.6580	long leg	$11.0M	$29.8M	75x
Bybit ZENUSDT	+0.0100%	8h	7.6550	−0.039%	$4.5M	$5.7M	75x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.6570	−0.013%	$11.7M	$5.0M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.6540	−0.052%	$2.8M	$3.0M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.6560	−0.026%	—	$3.1M	—	as long as short
Variational Omni ZEN	+0.0100%	8h	7.6546	−0.045%	$55K	$89K	—	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	7.6720	+0.183%	$581K	$2.3M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6690	+0.144%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6620	+0.052%	$2K	$1.3M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.6558	−0.029%	$25K	$142K	5x	as long as short
Hyperliquid ZEN	+0.0183%	1h	7.6748	+0.219%	$2.5M	$1.3M	5x	as long as short
BloFin ZEN-USDTshort	+0.0220%	8h	7.6580	0.000%	$820K	$1.6M	75x
Kraken Futures PF_ZENUSD	+0.2337%	1h	7.6752	+0.225%	$495K	$1.0M	25x	as long as short