Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.015%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$400.396% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.015%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.6490 | 0.0021 | pay 0.0021% / 8h | 2h 33m | $12.0M | $6.1M | 200x |
| Short | Binance ZENUSDT | 7.6478 | 0.0021 | get 0.0021% / 8h | 2h 33m | $11.0M | $32.7M | 75x |
MEXC ZEN_USDT
Binance ZENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.07
- Price spread: −0.015% → 0.000%
- −$1.5
- Slippage, 4 orders
- −$25.55
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$40.99
- Costs to cover
- 0.396%
- Break-even
- 3910.5 days
Slippage from MEXC: live order book, 5 min ago; Binance: live order book, 8 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 MEXC live order book, 5 min ago | 1.30 bp | 7.0 bp −$7 | 14.4 bp −$144 | 85.9 bp −$8,593 | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.65 bp | 11.5 bp −$11 | 31.8 bp −$318 | 214.1 bp −$21.4K | 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 | −0.0131% | 8h | 7.6562 | +0.095% | $51K | $219K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0045% | 4h | 7.6400 | −0.118% | $2.3M | $6.0M | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6531 | +0.054% | $9K | — | 5x | as long as short |
| MEXC ZEN_USDTlong | +0.0021% | 8h | 7.6490 | long leg | $12.0M | $6.1M | 200x | |
| Binance ZENUSDTshort | +0.0021% | 8h | 7.6478 | −0.015% | $11.0M | $32.7M | 75x | |
| Extended ZEN-USD | +0.0024% | 1h | 7.6478 | −0.016% | $25K | $110K | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0024% | 8h | 7.6560 | +0.092% | $4.3M | $5.2M | 50x | as long as short |
| Bitget ZENUSDT | +0.0037% | 8h | 7.6420 | −0.092% | $2.8M | $3.5M | 50x | as long as short |
| Aster ZENUSDT | +0.0069% | 8h | 7.6523 | +0.043% | $54K | $381K | 10x | as long as short |
| BloFin ZEN-USDT | +0.0083% | 8h | 7.6510 | +0.026% | $835K | $1.9M | 75x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
dYdX ZEN-USD
Extended ZEN-USD
KuCoin ZENUSDTM
Bitget ZENUSDT
Aster ZENUSDT
BloFin ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ZEN | +0.0100% | 1h | 7.6658 | +0.220% | $2.4M | $1.9M | 5x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6450 | −0.052% | $4.6M | $7.1M | 75x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6510 | +0.026% | — | $3.4M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6497 | +0.009% | $582K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6670 | +0.235% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6570 | +0.105% | $2K | $1.5M | 20x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1134% | 1h | 7.6709 | +0.287% | $494K | $1.1M | 25x | as long as short |
Hyperliquid ZEN
Bybit ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Kraken Futures PF_ZENUSD