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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0103%/8h= +11.3% APRnext payment +$1.03 per $10,000 · paid last 24h +0.036%
Price spread now: SunX against KuCoin+0.207%7-day average −0.012% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.207%, 7d avg −0.012%
Together, before fees−0.164%−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.220% dearer against KuCoin than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZENUSDTM7.7180−0.0003get 0.0003% / 8h53m 58s$4.1M$4.0M50x
ShortSunX ZEN-USDT7.73400.0100get 0.0100% / 8h53m 58s$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$21.63
Price spread: +0.207% → −0.012%
$21.97
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
$23.6
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 4 min ago; SunX: live order book, 10 min ago. Net counts fees only.

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, 4 min ago3.90 bp27.4 bp −$27102.7 bp −$1,027doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago500.91 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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
ApeX Omni ZENUSDT−0.0978%1h7.6970−0.272%$27K$670K50xas long as short
KuCoin ZENUSDTMlong−0.0003%8h7.7180long leg$4.1M$4.0M50x
dYdX ZEN-USD0.0000%1h7.7070−0.143%$9K5xas long as short
Hyperliquid ZEN+0.0100%1h7.7390+0.272%$2.4M$1.3M5xas long as short
Aster ZENUSDT+0.0100%8h7.7287+0.139%$44K$391K10xas long as short
Binance ZENUSDT+0.0100%8h7.7287+0.138%$11.1M$29.7M75xas long as short
Bybit ZENUSDT+0.0100%8h7.7260+0.104%$4.5M$5.6M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.7190+0.013%$2.3M$5.3M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.7220+0.052%$12.2M$4.9M200xas long as short
Bitget ZENUSDT+0.0100%8h7.7140−0.052%$2.8M$3.0M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0100%8h7.7240+0.078%$3.0Mas long as short
Variational Omni ZEN+0.0100%8h7.6861−0.414%$54K$69Kas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6904−0.358%$574K$2.7M10xas long as short
SunX ZEN-USDTshort+0.0100%8h7.7340+0.207%$2K$1.3M20x
Extended ZEN-USD+0.0104%1h7.7265+0.111%$22K$156K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7100−0.104%$837K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.2232%1h7.7395+0.278%$495K$875K25xas long as short