Funding you earn now, next payment 00:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.081%
Price spread now: OKX against BingX−0.013%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.013%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$3 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 | 7.7770 | 0.0100 | pay 0.0100% / 8h | 22m 03s | — | $3.4M | — |
| Short | OKX ZEN-USDT-SWAP | 7.7760 | 0.0005 | get 0.0002% / 4h | 22m 03s | $2.3M | $5.8M | 50x |
BingX ZEN-USDT
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$19.98
- Price spread: −0.013% → −0.012%
- −$0.1
- Slippage, 4 orders
- −$47.4
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$87.48
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from BingX: live order book, 13 min ago; OKX: live order book, 1 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, 13 min ago | 3.85 bp | 16.6 bp −$17 | 32.5 bp −$325 | 286.5 bp −$28.7K | 427.2 bp −$213.6K |
| Sell OKX live order book, 1 min ago | 1.29 bp | 16.3 bp −$16 | 82.6 bp −$826 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0037% | 8h | 7.7806 | +0.046% | $52K | $85K | — | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7681 | −0.115% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAPshort | +0.0005% | 4h | 7.7760 | −0.013% | $2.3M | $5.8M | 50x | |
| KuCoin ZENUSDTM | +0.0018% | 8h | 7.7830 | +0.077% | $4.5M | $4.9M | 50x | as long as short |
| Bybit ZENUSDT | +0.0037% | 8h | 7.7810 | +0.051% | $4.7M | $6.3M | 75x | as long as short |
| Binance ZENUSDT | +0.0069% | 8h | 7.7830 | +0.077% | $11.3M | $31.5M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0070% | 8h | 7.7830 | +0.077% | $12.6M | $5.5M | 200x | as long as short |
| Extended ZEN-USD | +0.0072% | 1h | 7.7827 | +0.073% | $25K | $118K | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7842 | +0.092% | $53K | $375K | 10x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7820 | +0.064% | $2.9M | $3.5M | 50x | as long as short |
Variational Omni ZEN
dYdX ZEN-USD
KuCoin ZENUSDTM
Bybit ZENUSDT
Binance ZENUSDT
MEXC ZEN_USDT
Extended ZEN-USD
Aster ZENUSDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.7770 | long leg | — | $3.4M | — | |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7899 | +0.165% | $581K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7710 | −0.077% | $27K | $684K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7790 | +0.026% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0190% | 8h | 7.7570 | −0.257% | $846K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0454% | 1h | 7.8012 | +0.311% | $2.5M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2638% | 1h | 7.8147 | +0.484% | $511K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD