Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%
Price spread now: MEXC against OKX+0.053%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.587% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.053%, 7d avg +0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEN-USDT-SWAP | 7.5380 | 0.0100 | pay 0.0050% / 4h | 45m 21s | $2.2M | $5.4M | 50x |
| Short | MEXC ZEN_USDT | 7.5420 | 0.0100 | get 0.0100% / 8h | 4h 45m | $11.5M | $5.1M | 200x |
OKX ZEN-USDT-SWAP
MEXC ZEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- Price spread: +0.053% → +0.038%
- $1.5
- Slippage, 4 orders
- −$44.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$57.23
- Costs to cover
- 0.587%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 3 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 OKX live order book, 2 min ago | 2.65 bp | 17.2 bp −$17 | 93.4 bp −$934 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.99 bp | 11.3 bp −$11 | 42.3 bp −$423 | 92.3 bp −$9,233 | 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 | 7.5491 | +0.148% | $9K | — | 5x | as long as short |
| ApeX Omni ZENUSDT | +0.0008% | 1h | 7.5450 | +0.093% | $26K | $689K | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.5488 | +0.144% | $52K | $374K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.5424 | +0.058% | $10.9M | $30.3M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.5380 | 0.000% | $4.4M | $5.9M | 75x | as long as short |
| OKX ZEN-USDT-SWAPlong | +0.0100% | 4h | 7.5380 | long leg | $2.2M | $5.4M | 50x | |
| MEXC ZEN_USDTshort | +0.0100% | 8h | 7.5420 | +0.053% | $11.5M | $5.1M | 200x | |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.5440 | +0.080% | $4.0M | $4.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.5380 | 0.000% | $2.8M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.5410 | +0.040% | — | $3.2M | — | as long as short |
dYdX ZEN-USD
ApeX Omni ZENUSDT
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
KuCoin ZENUSDTM
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 | 7.5436 | +0.074% | $50K | $85K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.5503 | +0.164% | $569K | $2.0M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.5430 | +0.066% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.5401 | +0.028% | $24K | $140K | 5x | as long as short |
| Hyperliquid ZEN | +0.0219% | 1h | 7.5588 | +0.276% | $2.4M | $1.4M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.5370 | −0.013% | $832K | $1.5M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3135% | 1h | 7.5606 | +0.300% | $489K | $1.0M | 25x | as long as short |
Variational Omni ZEN
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD