Funding you earn now, next payment 00:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.71 per $10,000 · paid last 24h −0.014%
Price spread now: Binance against BingX+0.042%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now +0.042%, 7d avg +0.023%
=The price spread sits at its 7-day average of +0.023%, 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 | BingX ZEN-USDT | 7.6740 | 0.0100 | pay 0.0100% / 8h | 2h 20m | — | $3.4M | — |
| Short | Binance ZENUSDT | 7.6772 | 0.0029 | get 0.0029% / 8h | 2h 20m | $11.0M | $32.3M | 75x |
BingX ZEN-USDT
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$14.86
- Price spread: +0.042% → +0.023%
- $1.94
- Slippage, 4 orders
- −$35.72
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.65
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 6 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 BingX live order book, 9 min ago | 3.26 bp | 14.9 bp −$15 | 30.3 bp −$303 | 282.4 bp −$28.2K | 475.6 bp −$237.8K |
| Sell Binance live order book, 6 min ago | 0.65 bp | 9.8 bp −$10 | 35.4 bp −$354 | 223.8 bp −$22.4K | 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 | −0.0103% | 8h | 7.6982 | +0.316% | $51K | $154K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0041% | 4h | 7.6730 | −0.013% | $2.3M | $5.9M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6976 | +0.308% | $9K | — | 5x | as long as short |
| MEXC ZEN_USDT | +0.0028% | 8h | 7.6790 | +0.065% | $12.1M | $6.1M | 200x | as long as short |
| Binance ZENUSDTshort | +0.0029% | 8h | 7.6772 | +0.042% | $11.0M | $32.3M | 75x | |
| Extended ZEN-USD | +0.0032% | 1h | 7.6789 | +0.063% | $25K | $110K | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0043% | 8h | 7.6840 | +0.130% | $4.3M | $5.2M | 50x | as long as short |
| Bitget ZENUSDT | +0.0043% | 8h | 7.6790 | +0.065% | $2.8M | $3.5M | 50x | as long as short |
| Aster ZENUSDT | +0.0078% | 8h | 7.6768 | +0.036% | $54K | $381K | 10x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.6985 | +0.319% | $2.4M | $1.9M | 5x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
dYdX ZEN-USD
MEXC ZEN_USDT
Extended ZEN-USD
KuCoin ZENUSDTM
Bitget ZENUSDT
Aster ZENUSDT
Hyperliquid ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | +0.0100% | 8h | 7.6780 | +0.052% | $4.6M | $6.9M | 75x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.6740 | long leg | — | $3.4M | — | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6735 | −0.006% | $584K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6790 | +0.065% | $27K | $681K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6990 | +0.326% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0117% | 8h | 7.6880 | +0.182% | $835K | $1.9M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1129% | 1h | 7.7039 | +0.390% | $496K | $1.1M | 25x | as long as short |
Bybit ZENUSDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD