ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.017%

Price spread now: ApeX Omni against dYdX−0.106%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.106% cheaper against dYdX than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.5 days of funding at the current rate (+$3 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZEN-USD	7.7262	0	get 0.0000% / 1h	29m 51s	$9K	—	5x
Short	ApeX Omni ZENUSDT	7.7180	0.0100	get 0.0013% / 1h	29m 51s	$26K	$685K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against dYdX. 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 dYdXbpFee ApeX OmnibpOrdersPrice spread, now −0.106%Rate

Funding earned: $21
Price spread: −0.106% → 0.000%: −$10.6
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$9.6
Costs to cover: 0.200%
Break-even: 10.2 days

Slippage unknown: dYdX: no order-book sample; ApeX Omni: live order book, 34 min ago. Net counts fees only.

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 dYdX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 34 min ago	8.37 bp	16.5 bp −$17	110.1 bp −$1,101	doesn't fit	doesn't fit

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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-USDlong	0.0000%	1h	7.7262	long leg	$9K	—	5x
Variational Omni ZEN	+0.0098%	8h	7.7059	−0.262%	$51K	$83K	—	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7248	−0.017%	$54K	$375K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.7227	−0.046%	$11.2M	$30.0M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.7200	−0.080%	$4.6M	$5.8M	75x	as long as short
OKX ZEN-USDT-SWAP	+0.0100%	4h	7.7200	−0.080%	$2.3M	$5.4M	50x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7230	−0.041%	$12.0M	$5.0M	200x	as long as short
KuCoin ZENUSDTM	+0.0100%	8h	7.7260	−0.002%	$4.1M	$4.5M	50x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7260	−0.002%	$2.9M	$3.2M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.7240	−0.028%	—	$3.2M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7270	+0.011%	$578K	$1.9M	10x	as long as short
ApeX Omni ZENUSDTshort	+0.0100%	1h	7.7180	−0.106%	$26K	$685K	50x
SunX ZEN-USDT	+0.0100%	8h	7.7280	+0.023%	$1K	$1.3M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.7218	−0.056%	$25K	$127K	5x	as long as short
BloFin ZEN-USDT	+0.0220%	8h	7.7150	−0.145%	$849K	$1.6M	75x	as long as short
Hyperliquid ZEN	+0.0345%	1h	7.7373	+0.144%	$2.5M	$1.4M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.3171%	1h	7.7468	+0.267%	$507K	$1.0M	25x	as long as short