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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.013%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.404% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.013%, 7d avg 0.000%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEN_USDT7.61400.0002pay 0.0002% / 8h4h 05m$12.1M$7.4M200x
ShortBinance ZENUSDT7.61300.0002get 0.0002% / 8h4h 05m$10.8M$36.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0.07
Price spread: −0.013% → 0.000%
−$1.29
Slippage, 4 orders
−$26.35
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$41.58
Costs to cover
0.404%
Break-even
4477.8 days
Slippage from MEXC: live order book, 2 min ago; Binance: live order book, 11 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 MEXC live order book, 2 min ago0.66 bp6.2 bp −$616.7 bp −$16778.6 bp −$7,864doesn't fit
Sell Binance live order book, 11 min ago0.66 bp14.4 bp −$1444.9 bp −$449234.8 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
Variational Omni ZEN−0.0241%8h7.6185+0.059%$51K$269Kas long as short
OKX ZEN-USDT-SWAP−0.0152%4h7.6090−0.066%$2.2M$7.6M50xas long as short
ApeX Omni ZENUSDT−0.0002%1h7.6290+0.197%$27K$686K50xas long as short
dYdX ZEN-USD0.0000%1h7.6215+0.098%$9K5xas long as short
Extended ZEN-USD0.0000%1h7.6123−0.022%$25K$110K5xas long as short
MEXC ZEN_USDTlong+0.0002%8h7.6140long leg$12.1M$7.4M200x
Binance ZENUSDTshort+0.0002%8h7.6130−0.013%$10.8M$36.8M75x
KuCoin ZENUSDTM+0.0020%8h7.6130−0.013%$4.3M$5.6M50xas long as short
Bitget ZENUSDT+0.0023%8h7.6060−0.105%$2.8M$4.1M50xas long as short
BingX ZEN-USDT+0.0031%8h7.6090−0.066%$3.6Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster ZENUSDT+0.0032%8h7.6123−0.022%$40K$318K10xas long as short
Bybit ZENUSDT+0.0043%8h7.6100−0.053%$4.6M$9.3M75xas long as short
Hyperliquid ZEN+0.0100%1h7.6320+0.236%$2.4M$2.6M5xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6250+0.144%$575K$1.4M10xas long as short
SunX ZEN-USDT+0.0100%8h7.6190+0.066%$2K$1.6M20xas long as short
BloFin ZEN-USDT+0.0100%8h7.6230+0.118%$840K$2.2M75xas long as short
Kraken Futures PF_ZENUSD+0.1177%1h7.6365+0.295%$480K$1.2M25xas long as short