Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.012%
Price spread now: BingX against Extended+0.022%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$700.700% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.022%, 7d avg +0.018%
=Together, before fees−0.170%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEN-USD | 7.7273 | 0.0104 | pay 0.0013% / 1h | 2m 00s | $22K | $236K | 5x |
| Short | BingX ZEN-USDT | 7.7290 | 0.0100 | get 0.0100% / 8h | 7h 02m | — | $2.9M | — |
Extended ZEN-USD
BingX ZEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Extended. 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
- −$0.84
- Price spread: +0.022% → +0.018%
- $0.38
- Slippage, 4 orders
- −$55
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$70.46
- Costs to cover
- 0.700%
- Break-even
- never at this rate
Slippage from Extended: live order book, 30 min ago; BingX: live order book, 8 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 Extended live order book, 30 min ago | 2.54 bp | 20.4 bp −$20 | 190.7 bp −$1,907 | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 3.87 bp | 15.7 bp −$16 | 31.2 bp −$312 | 166.2 bp −$16.6K | 445.7 bp −$222.9K |
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 | +0.147% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0036% | 8h | 7.7360 | +0.113% | $4.1M | $3.6M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7355 | +0.106% | $43K | $387K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7300 | +0.035% | $11.1M | $29.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7270 | −0.004% | $4.5M | $5.3M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7270 | −0.004% | $2.3M | $5.2M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7300 | +0.035% | $12.1M | $5.1M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7300 | +0.035% | $2.8M | $3.0M | 50x | as long as short |
| BingX ZEN-USDTshort | +0.0100% | 8h | 7.7290 | +0.022% | — | $2.9M | — | |
| Variational Omni ZEN | +0.0100% | 8h | 7.7547 | +0.355% | $51K | $55K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
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 | +0.291% | $587K | $3.0M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7450 | +0.229% | $27K | $667K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7330 | +0.074% | $1K | $1.2M | 20x | as long as short |
| Extended ZEN-USDlong | +0.0104% | 1h | 7.7273 | long leg | $22K | $236K | 5x | |
| Hyperliquid ZEN | +0.0147% | 1h | 7.7472 | +0.258% | $2.4M | $1.2M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7490 | +0.281% | $829K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1699% | 1h | 7.7410 | +0.178% | $497K | $688K | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD