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: MEXC against Bybit+0.064%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$950.948% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.014%−$1 · spread now +0.064%, 7d avg +0.072%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZENUSDT | 7.7560 | 0.0100 | pay 0.0100% / 8h | 2h 19m | $4.5M | $5.7M | 75x |
| Short | MEXC ZEN_USDT | 7.7610 | 0.0100 | get 0.0100% / 8h | 2h 19m | $11.7M | $4.9M | 200x |
Bybit ZENUSDT
MEXC ZEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: +0.064% → +0.072%
- −$0.79
- Slippage, 4 orders
- −$79.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$95.59
- Costs to cover
- 0.948%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 4 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, 4 min ago | 3.27 bp | 38.2 bp −$38 | 360.2 bp −$3,602 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.65 bp | 7.8 bp −$8 | 37.4 bp −$374 | 94.8 bp −$9,480 | 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 | 7.7331 | −0.295% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0060% | 4h | 7.7610 | +0.064% | $2.3M | $5.3M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0073% | 8h | 7.7610 | +0.064% | $4.1M | $4.1M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7683 | +0.159% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7599 | +0.051% | $43K | $389K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7637 | +0.100% | $11.1M | $29.9M | 75x | as long as short |
| Bybit ZENUSDTlong | +0.0100% | 8h | 7.7560 | long leg | $4.5M | $5.7M | 75x | |
| MEXC ZEN_USDTshort | +0.0100% | 8h | 7.7610 | +0.064% | $11.7M | $4.9M | 200x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7620 | +0.077% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7490 | −0.090% | — | $3.1M | — | as long as short |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.6882 | −0.875% | $55K | $88K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6410 | −1.483% | $578K | $2.5M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6300 | −1.625% | $26K | $678K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7490 | −0.090% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7616 | +0.072% | $25K | $136K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7550 | −0.013% | $825K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3052% | 1h | 7.7722 | +0.208% | $497K | $1.0M | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD