ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0142%/8h= +15.5% APRnext payment +$1.42 per $10,000 · paid last 24h +0.046%

Price spread now: BingX against KuCoin−0.117%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$960.955% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 7 days−0.055%−$5 · spread now −0.117%, 7d avg −0.065%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.052% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.065%). If the spread goes back, that is −$5 on $10k: about 29 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZENUSDTM	7.6890	−0.0042	get 0.0042% / 8h	1h 34m	$4.3M	$5.0M	50x
Short	BingX ZEN-USDT	7.6800	0.0100	get 0.0100% / 8h	1h 34m	—	$3.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.117%Rate

Funding earned: $29.82
Price spread: −0.117% → −0.065%: −$5.21
Slippage, 4 orders: −$73.52
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$70.92
Costs to cover: 0.955%
Break-even: 23.6 days

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 16 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, 3 min ago	3.25 bp	28.8 bp −$29	91.6 bp −$916	doesn't fit	doesn't fit
Sell BingX live order book, 16 min ago	3.26 bp	13.9 bp −$14	27.2 bp −$272	189.5 bp −$19.0K	457.1 bp −$228.5K

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
OKX ZEN-USDT-SWAP	−0.0108%	4h	7.6860	−0.039%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0062%	8h	7.6826	−0.083%	$51K	$150K	—	as long as short
KuCoin ZENUSDTMlong	−0.0042%	8h	7.6890	long leg	$4.3M	$5.0M	50x
dYdX ZEN-USD	0.0000%	1h	7.6919	+0.038%	$9K	—	5x	as long as short
Extended ZEN-USD	0.0000%	1h	7.6825	−0.085%	$25K	$110K	5x	as long as short
Binance ZENUSDT	+0.0003%	8h	7.6840	−0.065%	$11.1M	$31.9M	75x	as long as short
MEXC ZEN_USDT	+0.0005%	8h	7.6830	−0.078%	$12.2M	$5.6M	200x	as long as short
BloFin ZEN-USDT	+0.0022%	8h	7.6780	−0.143%	$834K	$1.9M	75x	as long as short
Bitget ZENUSDT	+0.0042%	8h	7.6850	−0.052%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0065%	8h	7.6820	−0.091%	$53K	$380K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0099%	8h	7.6780	−0.143%	$4.7M	$6.7M	75x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.6919	+0.038%	$2.4M	$1.8M	5x	as long as short
BingX ZEN-USDTshort	+0.0100%	8h	7.6800	−0.117%	—	$3.4M	—
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6877	−0.017%	$573K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7120	+0.299%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6870	−0.026%	$1K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1887%	1h	7.7188	+0.387%	$505K	$1.1M	25x	as long as short