Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against BingX+0.064%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$870.873% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now +0.064%, 7d avg +0.060%
=The price spread sits at its 7-day average of +0.060%, 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 | BingX ZEN-USDT | 7.7580 | 0.0100 | pay 0.0100% / 8h | 1h 20m | — | $3.0M | — |
| Short | KuCoin ZENUSDTM | 7.7630 | 0.0056 | get 0.0056% / 8h | 1h 20m | $4.1M | $4.0M | 50x |
BingX ZEN-USDT
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- −$9.24
- Price spread: +0.064% → +0.060%
- $0.46
- Slippage, 4 orders
- −$65.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$96.06
- Costs to cover
- 0.873%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 7 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 BingX live order book, 10 min ago | 3.23 bp | 13.8 bp −$14 | 28.5 bp −$285 | 279.8 bp −$28.0K | 421.0 bp −$210.5K |
| Sell KuCoin live order book, 7 min ago | 2.59 bp | 35.6 bp −$36 | 76.3 bp −$763 | 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 | 7.7657 | +0.099% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTMshort | +0.0056% | 8h | 7.7630 | +0.064% | $4.1M | $4.0M | 50x | |
| OKX ZEN-USDT-SWAP | +0.0098% | 4h | 7.7530 | −0.064% | $2.3M | $5.4M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7851 | +0.349% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7632 | +0.067% | $44K | $393K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7619 | +0.050% | $11.2M | $30.0M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7590 | +0.013% | $4.5M | $5.6M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7620 | +0.052% | $12.4M | $5.0M | 200x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7620 | +0.052% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.7580 | long leg | — | $3.0M | — |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
Bitget ZENUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | +0.0100% | 8h | 7.7481 | −0.127% | $55K | $79K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7495 | −0.109% | $577K | $2.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7440 | −0.180% | $27K | $672K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7650 | +0.090% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7622 | +0.054% | $22K | $133K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7530 | −0.064% | $837K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2835% | 1h | 7.7773 | +0.249% | $497K | $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