Funding you earn now, next payment 23:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.030%
Price spread now: Extended against KuCoin+0.034%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.034%, 7d avg −0.056%
=Together, before fees+0.048%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.090% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZENUSDTM | 7.6660 | −0.0043 | get 0.0043% / 8h | 1h 31m | $4.3M | $5.0M | 50x |
| Short | Extended ZEN-USD | 7.6686 | 0 | get 0.0000% / 1h | 31m 06s | $25K | $110K | 5x |
KuCoin ZENUSDTM
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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
- $9.03
- Price spread: +0.034% → −0.056%
- $9.03
- Slippage, 4 orders
- −$94.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$93.93
- Costs to cover
- 1.120%
- Break-even
- 79.8 days
Slippage from KuCoin: live order book, 2 min ago; Extended: live order book, 49 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, 2 min ago | 4.57 bp | 41.0 bp −$41 | 105.5 bp −$1,055 | doesn't fit | doesn't fit |
| Sell Extended live order book, 49 min ago | 2.02 bp | 19.7 bp −$20 | 151.2 bp −$1,512 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZEN-USDT-SWAP | −0.0118% | 4h | 7.6530 | −0.170% | $2.3M | $5.8M | 50x | as long as short |
| Variational Omni ZEN | −0.0062% | 8h | 7.6826 | +0.217% | $51K | $150K | — | as long as short |
| KuCoin ZENUSDTMlong | −0.0043% | 8h | 7.6660 | long leg | $4.3M | $5.0M | 50x | |
| Binance ZENUSDT | −0.0003% | 8h | 7.6620 | −0.052% | $11.0M | $31.9M | 75x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6855 | +0.254% | $9K | — | 5x | as long as short |
| Extended ZEN-USDshort | 0.0000% | 1h | 7.6686 | +0.034% | $25K | $110K | 5x | |
| MEXC ZEN_USDT | 0.0000% | 8h | 7.6650 | −0.013% | $12.2M | $5.6M | 200x | as long as short |
| Bitget ZENUSDT | +0.0043% | 8h | 7.6590 | −0.091% | $2.8M | $3.5M | 50x | as long as short |
| Aster ZENUSDT | +0.0061% | 8h | 7.6748 | +0.115% | $53K | $380K | 10x | as long as short |
| BloFin ZEN-USDT | +0.0073% | 8h | 7.6680 | +0.026% | $834K | $1.9M | 75x | as long as short |
OKX ZEN-USDT-SWAP
Variational Omni ZEN
Binance ZENUSDT
dYdX ZEN-USD
MEXC ZEN_USDT
Bitget ZENUSDT
Aster ZENUSDT
BloFin ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | +0.0098% | 8h | 7.6600 | −0.078% | $4.7M | $6.6M | 75x | as long as short |
| BingX ZEN-USDT | +0.0099% | 8h | 7.6560 | −0.130% | — | $3.4M | — | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.6755 | +0.124% | $2.4M | $1.8M | 5x | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6790 | +0.170% | $572K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6830 | +0.222% | $27K | $683K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6560 | −0.130% | $1K | $1.4M | 20x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1893% | 1h | 7.6970 | +0.405% | $504K | $1.1M | 25x | as long as short |
Bybit ZENUSDT
BingX ZEN-USDT
Hyperliquid ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Kraken Futures PF_ZENUSD