ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.038%

Price spread now: Aster against KuCoin+0.044%7-day average +0.016% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$348as in the Price arb table

costs, in and out, $10k−$3513.507% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.044%, 7d avg +0.016%

Together, before fees+0.177%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.028% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZENUSDTM	7.7720	0.0043	pay 0.0043% / 8h	2m 18s	$4.4M	$4.9M	50x
Short	Aster ZENUSDT	7.7754	0.0100	get 0.0100% / 8h	2m 18s	$53K	$378K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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 KuCoinbpFee AsterbpOrdersPrice spread, now +0.044%Rate

Funding earned: $11.97
Price spread: +0.044% → +0.016%: $2.77
Slippage, 4 orders: −$330.66
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$335.92
Costs to cover: 3.507%
Break-even: 203.4 days

Slippage from KuCoin: live order book, 5 min ago; Aster: live order book, 10 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 KuCoin live order book, 5 min ago	4.53 bp	40.6 bp −$41	87.6 bp −$876	doesn't fit	doesn't fit
Sell Aster live order book, 10 min ago	7.11 bp	236.4 bp −$236	doesn't fit	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	−0.0029%	8h	7.7390	−0.425%	$52K	$85K	—	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7668	−0.067%	$9K	—	5x	as long as short
OKX ZEN-USDT-SWAP	+0.0009%	4h	7.7700	−0.026%	$2.3M	$5.8M	50x	as long as short
KuCoin ZENUSDTMlong	+0.0043%	8h	7.7720	long leg	$4.4M	$4.9M	50x
Bybit ZENUSDT	+0.0051%	8h	7.7730	+0.013%	$4.6M	$6.2M	75x	as long as short
MEXC ZEN_USDT	+0.0078%	8h	7.7760	+0.051%	$12.5M	$5.5M	200x	as long as short
Extended ZEN-USD	+0.0080%	1h	7.7734	+0.018%	$25K	$118K	5x	as long as short
Binance ZENUSDT	+0.0081%	8h	7.7767	+0.060%	$11.2M	$31.6M	75x	as long as short
Aster ZENUSDTshort	+0.0100%	8h	7.7754	+0.044%	$53K	$378K	10x
Bitget ZENUSDT	+0.0100%	8h	7.7760	+0.051%	$2.9M	$3.5M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZEN-USDT	+0.0100%	8h	7.7700	−0.026%	—	$3.3M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7690	−0.039%	$587K	$1.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7520	−0.257%	$26K	$686K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7550	−0.219%	$2K	$1.4M	20x	as long as short
BloFin ZEN-USDT	+0.0198%	8h	7.7760	+0.051%	$848K	$1.8M	75x	as long as short
Hyperliquid ZEN	+0.0334%	1h	7.7824	+0.134%	$2.4M	$1.8M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.2643%	1h	7.7993	+0.351%	$510K	$1.0M	25x	as long as short