Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.18 per $10,000 · paid last 24h −0.024%
Price spread now: KuCoin against MEXC+0.039%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1141.141% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 7 days+0.097%+$10 · spread now +0.039%, 7d avg +0.040%
=The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.7590 | 0.0091 | pay 0.0091% / 8h | 7h 36m | $12.5M | $5.3M | 200x |
| Short | KuCoin ZENUSDTM | 7.7620 | 0.0073 | get 0.0073% / 8h | 7h 36m | $4.4M | $4.8M | 50x |
MEXC ZEN_USDT
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$3.78
- Price spread: +0.039% → +0.040%
- −$0.12
- Slippage, 4 orders
- −$98.05
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$117.95
- Costs to cover
- 1.141%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 2 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, 2 min ago | 0.64 bp | 8.3 bp −$8 | 25.8 bp −$258 | 94.4 bp −$9,444 | 193.3 bp −$96.6K |
| Sell KuCoin live order book, 2 min ago | 3.86 bp | 54.1 bp −$54 | 89.9 bp −$899 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEN-USD | 0.0000% | 1h | 7.7699 | +0.140% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0002% | 8h | 7.7493 | −0.125% | $52K | $85K | — | as long as short |
| Bybit ZENUSDT | +0.0016% | 8h | 7.7490 | −0.129% | $4.6M | $6.1M | 75x | as long as short |
| KuCoin ZENUSDTMshort | +0.0073% | 8h | 7.7620 | +0.039% | $4.4M | $4.8M | 50x | |
| OKX ZEN-USDT-SWAP | +0.0076% | 4h | 7.7480 | −0.142% | $2.3M | $5.7M | 50x | as long as short |
| Extended ZEN-USD | +0.0088% | 1h | 7.7577 | −0.017% | $24K | $119K | 5x | as long as short |
| MEXC ZEN_USDTlong | +0.0091% | 8h | 7.7590 | long leg | $12.5M | $5.3M | 200x | |
| Binance ZENUSDT | +0.0092% | 8h | 7.7520 | −0.090% | $11.2M | $31.3M | 75x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7709 | +0.153% | $2.4M | $1.8M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7610 | +0.026% | $52K | $378K | 10x | as long as short |
dYdX ZEN-USD
Variational Omni ZEN
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
Extended ZEN-USD
Binance ZENUSDT
Hyperliquid ZEN
Aster ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ZENUSDT | +0.0100% | 8h | 7.7620 | +0.039% | $2.9M | $3.4M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7560 | −0.039% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7620 | +0.039% | $583K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7700 | +0.142% | $27K | $687K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7550 | −0.052% | $2K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0212% | 8h | 7.7730 | +0.180% | $852K | $1.8M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2979% | 1h | 7.7891 | +0.388% | $510K | $1.0M | 25x | as long as short |
Bitget ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD