Funding you earn now, next payment 00:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.80 per $10,000 · paid last 24h −0.013%
Price spread now: KuCoin against Bybit+0.103%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now +0.103%, 7d avg +0.113%
=The price spread sits at its 7-day average of +0.113%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.7790 | 0.0077 | pay 0.0077% / 8h | 49m 40s | $4.7M | $6.3M | 75x |
| Short | KuCoin ZENUSDTM | 7.7870 | −0.0003 | pay 0.0003% / 8h | 49m 40s | $4.3M | $4.9M | 50x |
Bybit ZENUSDT
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$16.81
- Price spread: +0.103% → +0.113%
- −$0.99
- Slippage, 4 orders
- −$100
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$140.8
- Costs to cover
- 1.230%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago | 0.64 bp | 32.4 bp −$32 | 151.9 bp −$1,519 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 3.23 bp | 30.1 bp −$30 | 74.5 bp −$745 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0040% | 8h | 7.7765 | −0.032% | $52K | $85K | — | as long as short |
| KuCoin ZENUSDTMshort | −0.0003% | 8h | 7.7870 | +0.103% | $4.3M | $4.9M | 50x | |
| OKX ZEN-USDT-SWAP | −0.0003% | 4h | 7.7830 | +0.051% | $2.3M | $5.8M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7890 | +0.128% | $9K | — | 5x | as long as short |
| MEXC ZEN_USDT | +0.0044% | 8h | 7.7890 | +0.129% | $12.5M | $5.4M | 200x | as long as short |
| Binance ZENUSDT | +0.0047% | 8h | 7.7900 | +0.141% | $11.3M | $31.5M | 75x | as long as short |
| Extended ZEN-USD | +0.0048% | 1h | 7.7874 | +0.109% | $26K | $118K | 5x | as long as short |
| Bybit ZENUSDTlong | +0.0077% | 8h | 7.7790 | long leg | $4.7M | $6.3M | 75x | |
| BingX ZEN-USDT | +0.0085% | 8h | 7.7850 | +0.077% | — | $3.4M | — | as long as short |
| Bitget ZENUSDT | +0.0089% | 8h | 7.7880 | +0.116% | $2.9M | $3.5M | 50x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
dYdX ZEN-USD
MEXC ZEN_USDT
Binance ZENUSDT
Extended ZEN-USD
BingX ZEN-USDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZENUSDT | +0.0100% | 8h | 7.7919 | +0.166% | $53K | $375K | 10x | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7881 | +0.116% | $581K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7850 | +0.077% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7930 | +0.180% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0163% | 8h | 7.7860 | +0.090% | $839K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0273% | 1h | 7.8078 | +0.370% | $2.5M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2639% | 1h | 7.8122 | +0.427% | $511K | $1.1M | 25x | as long as short |
Aster ZENUSDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD