Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.018%
Price spread now: dYdX against MEXC−0.057%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.057% cheaper against MEXC than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.7180 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $11.9M | $5.0M | 200x |
| Short | dYdX ZEN-USD | 7.7136 | 0 | get 0.0000% / 1h | 33m 15s | $9K | — | 5x |
MEXC ZEN_USDT
dYdX ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: −0.057% → 0.000%
- −$5.69
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$40.69
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 5 min ago; dYdX: no order-book sample. Net counts fees only.
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 | 9.2 bp −$9 | 34.0 bp −$340 | 95.3 bp −$9,528 | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USDshort | 0.0000% | 1h | 7.7136 | −0.057% | $9K | — | 5x | |
| KuCoin ZENUSDTM | +0.0046% | 8h | 7.7140 | −0.052% | $4.1M | $4.0M | 50x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0063% | 4h | 7.7130 | −0.065% | $2.3M | $5.4M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7335 | +0.201% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7207 | +0.035% | $43K | $393K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7170 | −0.013% | $11.1M | $30.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7120 | −0.078% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDTlong | +0.0100% | 8h | 7.7180 | long leg | $11.9M | $5.0M | 200x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7110 | −0.091% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7100 | −0.104% | — | $3.1M | — | as long as short |
KuCoin ZENUSDTM
OKX ZEN-USDT-SWAP
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
Bitget ZENUSDT
BingX ZEN-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.6882 | −0.387% | $54K | $83K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6954 | −0.293% | $576K | $2.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7180 | 0.000% | $27K | $674K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7160 | −0.026% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7159 | −0.027% | $22K | $133K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7140 | −0.052% | $833K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2850% | 1h | 7.7362 | +0.236% | $495K | $1.0M | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD