Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.048%
Price spread now: OKX against MEXC−0.039%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.560% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.045%+$4 · spread now −0.039%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, 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 | 7.6120 | 0.0100 | pay 0.0100% / 8h | 3h 02m | $11.5M | $5.0M | 200x |
| Short | OKX ZEN-USDT-SWAP | 7.6090 | 0.0052 | get 0.0026% / 4h | 3h 02m | $2.2M | $5.2M | 50x |
MEXC ZEN_USDT
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.16
- Price spread: −0.039% → −0.038%
- −$0.1
- Slippage, 4 orders
- −$42.03
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.29
- Costs to cover
- 0.560%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago | 0.66 bp | 7.7 bp −$8 | 19.8 bp −$198 | 95.7 bp −$9,575 | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.31 bp | 17.6 bp −$18 | 68.9 bp −$689 | 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 | 7.6237 | +0.154% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0048% | 8h | 7.6200 | +0.105% | $4.0M | $4.2M | 50x | as long as short |
| OKX ZEN-USDT-SWAPshort | +0.0052% | 4h | 7.6090 | −0.039% | $2.2M | $5.2M | 50x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6144 | +0.032% | $43K | $385K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6100 | −0.026% | $10.9M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6080 | −0.053% | $4.4M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDTlong | +0.0100% | 8h | 7.6120 | long leg | $11.5M | $5.0M | 200x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6140 | +0.026% | $2.8M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6070 | −0.066% | — | $3.1M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6472 | +0.462% | $55K | $89K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
Bitget ZENUSDT
BingX ZEN-USDT
Variational Omni ZENShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6372 | +0.331% | $574K | $2.3M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6410 | +0.381% | $26K | $681K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6200 | +0.105% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6129 | +0.011% | $25K | $133K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6290 | +0.223% | $826K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0257% | 1h | 7.6247 | +0.167% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2350% | 1h | 7.6329 | +0.275% | $492K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD