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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: SunX against Binance−0.021%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$6 on $10k
Price spread, last 4 days (all we have)−0.413%−$41 · spread now −0.021%, 7d avg −0.005%
Together, before fees−0.358%−$36 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZENUSDT7.67960.0100pay 0.0100% / 8h7h 26m$11.0M$29.7M75x
ShortSunX ZEN-USDT7.67800.0100get 0.0100% / 8h7h 26m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$0
Price spread: −0.021% → −0.005%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$19.61
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 15 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 15 min ago0.65 bp12.7 bp −$1345.4 bp −$454doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago500.49 bpdoesn't fitdoesn'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%1h7.6670−0.164%$9K5xas long as short
KuCoin ZENUSDTM+0.0009%8h7.6720−0.099%$4.1M$3.8M50xas long as short
Aster ZENUSDT+0.0100%8h7.6746−0.065%$43K$394K10xas long as short
Binance ZENUSDTlong+0.0100%8h7.6796long leg$11.0M$29.7M75x
Bybit ZENUSDT+0.0100%8h7.6740−0.073%$4.5M$5.5M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.6780−0.021%$2.3M$5.3M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.6700−0.125%$12.1M$5.0M200xas long as short
Bitget ZENUSDT+0.0100%8h7.6660−0.177%$2.8M$3.0M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6760−0.047%$2.9Mas long as short
Variational Omni ZEN+0.0100%8h7.6652−0.187%$54K$60Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6553−0.316%$579K$2.9M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6690−0.138%$27K$667K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.6780−0.021%$2K$1.3M20x
Extended ZEN-USD+0.0104%1h7.6698−0.128%$24K$236K5xas long as short
Hyperliquid ZEN+0.0132%1h7.6836+0.052%$2.4M$1.3M5xas long as short
BloFin ZEN-USDT+0.0220%8h7.6810+0.018%$844K$1.7M75xas long as short
Kraken Futures PF_ZENUSD+0.1711%1h7.6838+0.055%$493K$746K25xas long as short