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 0.000%
Price spread now: BingX against Bitget0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$640.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%+$1 on $10k
Price spread, last 7 days+0.200%+$20 · spread now 0.000%, 7d avg +0.006%
Together, before fees+0.205%+$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZENUSDT7.76200.0100pay 0.0100% / 8h7h 12m$2.9M$3.0M50x
ShortBingX ZEN-USDT7.76200.0100get 0.0100% / 8h7h 12m$2.9M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: 0.000% → +0.006%
−$0.56
Slippage, 4 orders
−$41.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$64.41
Costs to cover
0.638%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 1 min ago5.80 bp18.6 bp −$1947.1 bp −$471doesn't fitdoesn't fit
Sell BingX live order book, 8 min ago3.23 bp13.3 bp −$1330.0 bp −$300168.6 bp −$16.9K456.9 bp −$228.4K

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%1h7.7523−0.125%$9K5xas long as short
KuCoin ZENUSDTM+0.0031%8h7.7610−0.013%$4.1M$3.7M50xas long as short
Aster ZENUSDT+0.0100%8h7.7700+0.103%$43K$386K10xas long as short
Binance ZENUSDT+0.0100%8h7.7703+0.107%$11.2M$29.3M75xas long as short
Bybit ZENUSDT+0.0100%8h7.7630+0.013%$4.5M$5.4M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.7580−0.052%$2.3M$5.3M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.7640+0.026%$12.2M$5.0M200xas long as short
Bitget ZENUSDTlong+0.0100%8h7.7620long leg$2.9M$3.0M50x
BingX ZEN-USDTshort+0.0100%8h7.76200.000%$2.9M
Variational Omni ZEN+0.0100%8h7.7564−0.072%$55K$51Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.7668+0.061%$585K$3.0M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7670+0.064%$27K$667K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7710+0.116%$2K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.7682+0.080%$22K$236K5xas long as short
Hyperliquid ZEN+0.0153%1h7.7778+0.204%$2.4M$1.3M5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7550−0.090%$839K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.1691%1h7.7762+0.184%$499K$701K25xas long as short