Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against KuCoin−0.039%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.957% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.106%+$11 on $10k
Price spread, last 7 days−0.078%−$8 · spread now −0.039%, 7d avg −0.038%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZENUSDTM7.72600.0100pay 0.0100% / 8h5h 29m$4.1M$4.5M50x
ShortBinance ZENUSDT7.72300.0100get 0.0100% / 8h5h 29m$11.2M$30.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Funding earned
$0
Price spread: −0.039% → −0.038%
−$0.04
Slippage, 4 orders
−$73.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$95.77
Costs to cover
0.957%
Break-even
never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago3.25 bp33.2 bp −$3398.3 bp −$983doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.65 bp14.5 bp −$1435.8 bp −$358234.5 bp −$23.5Kdoesn't fit

ZEN on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZEN-USD0.0000%1h7.7262+0.002%$9K5xas long as short
Variational Omni ZEN+0.0098%8h7.7059−0.260%$51K$83Kas long as short
Aster ZENUSDT+0.0100%8h7.7230−0.038%$54K$375K10xas long as short
Binance ZENUSDTshort+0.0100%8h7.7230−0.039%$11.2M$30.0M75x
Bybit ZENUSDT+0.0100%8h7.7200−0.078%$4.6M$5.8M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.7200−0.078%$2.3M$5.4M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.7230−0.039%$12.0M$5.0M200xas long as short
KuCoin ZENUSDTMlong+0.0100%8h7.7260long leg$4.1M$4.5M50x
Bitget ZENUSDT+0.0100%8h7.72600.000%$2.9M$3.2M50xas long as short
BingX ZEN-USDT+0.0100%8h7.7240−0.026%$3.2Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.7270+0.013%$578K$1.9M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7180−0.104%$26K$685K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7280+0.026%$1K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.7218−0.054%$25K$127K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7150−0.142%$849K$1.6M75xas long as short
Hyperliquid ZEN+0.0344%1h7.7393+0.172%$2.5M$1.4M5xas long as short
Kraken Futures PF_ZENUSD+0.3171%1h7.7468+0.269%$507K$1.0M25xas long as short