Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against Bybit+0.054%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.080% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now +0.054%, 7d avg +0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.7270 | 0.0100 | pay 0.0100% / 8h | 7h 01m | $4.5M | $5.3M | 75x |
| Short | Binance ZENUSDT | 7.7312 | 0.0100 | get 0.0100% / 8h | 7h 01m | $11.1M | $29.2M | 75x |
Bybit ZENUSDT
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: +0.054% → +0.072%
- −$1.73
- Slippage, 4 orders
- −$86.95
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.69
- Costs to cover
- 1.080%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 10 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 Bybit live order book, 1 min ago | 4.53 bp | 43.0 bp −$43 | 159.1 bp −$1,591 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.58 bp | 12.3 bp −$12 | 33.2 bp −$332 | 190.0 bp −$19.0K | 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 | 7.7387 | +0.151% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0036% | 8h | 7.7330 | +0.078% | $4.1M | $3.6M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7373 | +0.134% | $43K | $387K | 10x | as long as short |
| Binance ZENUSDTshort | +0.0100% | 8h | 7.7312 | +0.054% | $11.1M | $29.2M | 75x | |
| Bybit ZENUSDTlong | +0.0100% | 8h | 7.7270 | long leg | $4.5M | $5.3M | 75x | |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7270 | 0.000% | $2.3M | $5.2M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7320 | +0.065% | $12.1M | $5.1M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7300 | +0.039% | $2.8M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7290 | +0.026% | — | $2.9M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.7547 | +0.359% | $51K | $55K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7498 | +0.295% | $587K | $3.0M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7450 | +0.233% | $27K | $667K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7330 | +0.078% | $1K | $1.2M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7279 | +0.011% | $22K | $236K | 5x | as long as short |
| Hyperliquid ZEN | +0.0147% | 1h | 7.7472 | +0.261% | $2.4M | $1.2M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7490 | +0.285% | $829K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1699% | 1h | 7.7410 | +0.182% | $497K | $688K | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD