Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.035%
Price spread now: Bybit against Bitget−0.051%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1191.187% of the position
Funding, last 7 days−0.075%−$8 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now −0.051%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZENUSDT | 7.8210 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $2.9M | $3.4M | 50x |
| Short | Bybit ZENUSDT | 7.8170 | 0.0100 | get 0.0100% / 8h | 7h 12m | $4.7M | $6.1M | 75x |
Bitget ZENUSDT
Bybit ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $0
- Price spread: −0.051% → −0.041%
- −$1.03
- Slippage, 4 orders
- −$95.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$119.76
- Costs to cover
- 1.187%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Bybit: 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 Bitget live order book, just now | 3.83 bp | 17.4 bp −$17 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.56 bp | 44.3 bp −$44 | 171.3 bp −$1,713 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.8232 | +0.028% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0019% | 8h | 7.7858 | −0.450% | $52K | $85K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.8179 | −0.040% | $53K | $379K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.8178 | −0.041% | $11.4M | $31.3M | 75x | as long as short |
| Bybit ZENUSDTshort | +0.0100% | 8h | 7.8170 | −0.051% | $4.7M | $6.1M | 75x | |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.8110 | −0.128% | $2.4M | $5.7M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.8200 | −0.013% | $12.5M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.8250 | +0.051% | $4.5M | $4.8M | 50x | as long as short |
| Bitget ZENUSDTlong | +0.0100% | 8h | 7.8210 | long leg | $2.9M | $3.4M | 50x | |
| BingX ZEN-USDT | +0.0100% | 8h | 7.8180 | −0.038% | — | $3.3M | — | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Aster ZENUSDT
Binance ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.8068 | −0.181% | $590K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.8090 | −0.153% | $27K | $688K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.8080 | −0.166% | $2K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.8163 | −0.060% | $22K | $121K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.8110 | −0.128% | $847K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0340% | 1h | 7.8453 | +0.311% | $2.5M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2956% | 1h | 7.8490 | +0.358% | $513K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD