Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h +0.002%
Price spread now: MEXC against Extended+0.058%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.510% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.058%, 7d avg +0.049%
=Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEN-USD | 7.7735 | 0.0040 | pay 0.0005% / 1h | 54m 08s | $25K | $118K | 5x |
| Short | MEXC ZEN_USDT | 7.7780 | 0.0035 | get 0.0035% / 8h | 54m 08s | $12.3M | $5.4M | 200x |
Extended ZEN-USD
MEXC ZEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Extended. 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
- −$1.05
- Price spread: +0.058% → +0.049%
- $0.86
- Slippage, 4 orders
- −$42.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$51.2
- Costs to cover
- 0.510%
- Break-even
- never at this rate
Slippage from Extended: live order book, 21 min ago; MEXC: live order book, 9 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 Extended live order book, 21 min ago | 2.02 bp | 18.9 bp −$19 | 168.5 bp −$1,685 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 0.65 bp | 7.6 bp −$8 | 20.2 bp −$202 | 85.8 bp −$8,581 | 183.5 bp −$91.8K |
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 | −0.0038% | 8h | 7.7410 | −0.418% | $51K | $85K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0024% | 4h | 7.7650 | −0.109% | $2.3M | $5.8M | 50x | as long as short |
| KuCoin ZENUSDTM | −0.0005% | 8h | 7.7740 | +0.007% | $4.3M | $5.0M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7815 | +0.104% | $9K | — | 5x | as long as short |
| MEXC ZEN_USDTshort | +0.0035% | 8h | 7.7780 | +0.058% | $12.3M | $5.4M | 200x | |
| Binance ZENUSDT | +0.0038% | 8h | 7.7756 | +0.027% | $11.2M | $31.6M | 75x | as long as short |
| Extended ZEN-USDlong | +0.0040% | 1h | 7.7735 | long leg | $25K | $118K | 5x | |
| BingX ZEN-USDT | +0.0079% | 8h | 7.7720 | −0.019% | — | $3.4M | — | as long as short |
| Bitget ZENUSDT | +0.0081% | 8h | 7.7720 | −0.019% | $2.9M | $3.5M | 50x | as long as short |
| Bybit ZENUSDT | +0.0085% | 8h | 7.7710 | −0.032% | $4.7M | $6.3M | 75x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
dYdX ZEN-USD
Binance ZENUSDT
BingX ZEN-USDT
Bitget ZENUSDT
Bybit ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZENUSDT | +0.0100% | 8h | 7.7765 | +0.038% | $54K | $376K | 10x | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7440 | −0.379% | $577K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7420 | −0.405% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7820 | +0.110% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0144% | 8h | 7.7400 | −0.431% | $835K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0360% | 1h | 7.7949 | +0.276% | $2.4M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2642% | 1h | 7.8012 | +0.357% | $510K | $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