ZEN

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.272%

7d average—if it closes, per $10,000$27funding while held, a day+$33.15

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZEN-USD	7.6706	0	get 0.0000% / 1h	11m 36s	$9K	—	5x
Short	Kraken Futures PF_ZENUSD	7.6915	0.1105	get 0.0138% / 1h	11m 36s	$484K	$1.2M	25x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee dYdXbpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: $27.16
Funding while held: $33.15
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $40.31
Spread needed to break even: 0.200%

Slippage unknown: dYdX: no order-book sample; Kraken Futures: live order book, 3 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.1105%
Per $10,000 a day: +$33.15
Average in range /8h: —

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 Kraken Futures live order book, 3 min ago	7.14 bp	34.4 bp −$34	104.8 bp −$1,048	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 price on every exchange

against the cheapest. Click to use as the short leg.

Variational Omni7.6548cheapest SunX7.6650+0.134%Bitget7.6690+0.186%

dYdX7.6706+0.207%

OKX7.6710+0.212%BingX7.6710+0.212%Aster7.6712+0.215%Bybit7.6720+0.225%ApeX Omni7.6730+0.238%BloFin7.6730+0.238%MEXC7.6740+0.251%KuCoin7.6750+0.264%Extended7.6752+0.267%Binance7.6760+0.277%Hyperliquid7.6898+0.458%

Kraken Futures7.6915+0.479%

ZEN on 16 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni ZEN	−0.207%	−0.0343%	8h	$51K	$270K	—	as long as short
SunX ZEN-USDT	−0.073%	+0.0100%	8h	$2K	$1.7M	20x	as long as short
Bitget ZENUSDT	−0.021%	+0.0039%	8h	$2.9M	$4.4M	50x	as long as short
dYdX ZEN-USDlong	0.000%	0.0000%	1h	$9K	—	5x
OKX ZEN-USDT-SWAP	+0.005%	−0.0210%	4h	$2.3M	$8.9M	50x	as long as short
BingX ZEN-USDT	+0.005%	+0.0042%	8h	—	$3.6M	—	as long as short
Aster ZENUSDT	+0.008%	+0.0011%	8h	$41K	$331K	10x	as long as short
Bybit ZENUSDT	+0.018%	−0.0227%	8h	$4.6M	$11.1M	75x	as long as short
ApeX Omni ZENUSDT	+0.031%	+0.0100%	1h	$27K	$693K	50x	as long as short
BloFin ZEN-USDT	+0.031%	+0.0113%	8h	$852K	$2.3M	75x	as long as short

Show all 16 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
MEXC ZEN_USDT	+0.044%	−0.0004%	8h	$12.3M	$7.5M	200x	as long as short
KuCoin ZENUSDTM	+0.057%	−0.0007%	8h	$4.3M	$5.9M	50x	as long as short
Extended ZEN-USD	+0.060%	−0.0008%	1h	$25K	$110K	5x	as long as short
Binance ZENUSDT	+0.070%	−0.0005%	8h	$10.8M	$40.7M	75x	as long as short
Hyperliquid ZEN	+0.250%	+0.0100%	1h	$2.5M	$3.3M	5x	as long as short
Kraken Futures PF_ZENUSDshort	+0.272%	+0.1105%	1h	$484K	$1.2M	25x