ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against Aster−0.161%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1441.439% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.132%−$13 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.161%, 7d avg −0.016%

Together, before fees−0.065%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.145% cheaper against Aster than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.016%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZENUSDT	7.7104	0.0100	pay 0.0100% / 8h	2h 21m	$43K	$388K	10x
Short	KuCoin ZENUSDTM	7.6980	0.0070	get 0.0070% / 8h	2h 21m	$4.1M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee KuCoinbpOrdersPrice spread, now −0.161%Rate

Funding earned: −$6.3
Price spread: −0.161% → −0.016%: −$14.46
Slippage, 4 orders: −$123.92
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$164.68
Costs to cover: 1.439%
Break-even: never at this rate

Slippage from Aster: live order book, 26 min ago; KuCoin: live order book, 1 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 Aster live order book, 26 min ago	6.57 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	3.91 bp	45.7 bp −$46	88.0 bp −$880	doesn't fit	doesn't fit

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	7.6976	−0.166%	$9K	—	5x	as long as short
OKX ZEN-USDT-SWAP	+0.0053%	4h	7.7090	−0.018%	$2.3M	$5.2M	50x	as long as short
KuCoin ZENUSDTMshort	+0.0070%	8h	7.6980	−0.161%	$4.1M	$4.1M	50x
Hyperliquid ZEN	+0.0100%	1h	7.7225	+0.157%	$2.4M	$1.3M	5x	as long as short
Aster ZENUSDTlong	+0.0100%	8h	7.7104	long leg	$43K	$388K	10x
Binance ZENUSDT	+0.0100%	8h	7.7130	+0.034%	$11.0M	$29.8M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.7070	−0.044%	$4.5M	$5.7M	75x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7000	−0.135%	$11.6M	$4.9M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7110	+0.008%	$2.9M	$3.1M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.6930	−0.226%	—	$3.1M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZEN	+0.0100%	8h	7.5972	−1.467%	$54K	$89K	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6410	−0.900%	$578K	$2.5M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6300	−1.043%	$26K	$678K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6670	−0.563%	$2K	$1.3M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.7010	−0.122%	$24K	$136K	5x	as long as short
BloFin ZEN-USDT	+0.0220%	8h	7.6330	−1.004%	$820K	$1.5M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.3075%	1h	7.7117	+0.016%	$493K	$1.0M	25x	as long as short