ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.78 per $10,000 · paid last 24h +0.012%

Price spread now: BloFin against Bitget+0.051%7-day average −0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$580.579% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.165%+$17 on $10k

Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.051%, 7d avg −0.005%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.057% dearer against Bitget than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZENUSDT	7.7860	0.0095	pay 0.0095% / 8h	43m 09s	$2.9M	$3.5M	50x
Short	BloFin ZEN-USDT	7.7900	0.0173	get 0.0173% / 8h	43m 09s	$843K	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.051%Rate

Funding earned: $16.3
Price spread: +0.051% → −0.005%: $5.66
Slippage, 4 orders: −$33.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$35.99
Costs to cover: 0.579%
Break-even: 22.5 days

Slippage from Bitget: live order book, 5 min ago; BloFin: live order book, 5 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 Bitget live order book, 5 min ago	3.86 bp	17.8 bp −$18	33.8 bp −$338	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	3.21 bp	11.4 bp −$11	25.8 bp −$258	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	−0.0031%	8h	7.7815	−0.057%	$52K	$85K	—	as long as short
KuCoin ZENUSDTM	−0.0006%	8h	7.7910	+0.064%	$4.3M	$4.9M	50x	as long as short
OKX ZEN-USDT-SWAP	−0.0005%	4h	7.7870	+0.013%	$2.3M	$5.9M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7965	+0.134%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0052%	8h	7.7910	+0.064%	$12.5M	$5.4M	200x	as long as short
Binance ZENUSDT	+0.0053%	8h	7.7903	+0.055%	$11.3M	$31.6M	75x	as long as short
Extended ZEN-USD	+0.0056%	1h	7.7924	+0.082%	$26K	$118K	5x	as long as short
Bybit ZENUSDT	+0.0070%	8h	7.7810	−0.064%	$4.7M	$6.3M	75x	as long as short
BingX ZEN-USDT	+0.0089%	8h	7.7880	+0.026%	—	$3.4M	—	as long as short
Bitget ZENUSDTlong	+0.0095%	8h	7.7860	long leg	$2.9M	$3.5M	50x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZENUSDT	+0.0100%	8h	7.8010	+0.193%	$53K	$375K	10x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7875	+0.019%	$591K	$1.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7910	+0.064%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7890	+0.039%	$1K	$1.4M	20x	as long as short
BloFin ZEN-USDTshort	+0.0173%	8h	7.7900	+0.051%	$843K	$1.8M	75x
Hyperliquid ZEN	+0.0364%	1h	7.8116	+0.329%	$2.5M	$1.8M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.2636%	1h	7.8194	+0.429%	$512K	$1.1M	25x	as long as short