Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: MEXC against BingX−0.026%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days+0.055%+$6 · spread now −0.026%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.051% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEN-USDT | 7.6480 | 0.0100 | pay 0.0100% / 8h | 5h 06m | — | $3.2M | — |
| Short | MEXC ZEN_USDT | 7.6460 | 0.0100 | get 0.0100% / 8h | 5h 06m | $11.9M | $5.0M | 200x |
BingX ZEN-USDT
MEXC ZEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $0
- Price spread: −0.026% → +0.025%
- −$5.11
- Slippage, 4 orders
- −$38.9
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.02
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; MEXC: 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 BingX live order book, 8 min ago | 5.85 bp | 18.6 bp −$19 | 43.3 bp −$433 | 342.7 bp −$34.3K | 516.1 bp −$258.1K |
| Sell MEXC live order book, 2 min ago | 0.65 bp | 9.0 bp −$9 | 27.8 bp −$278 | 96.3 bp −$9,628 | 166.0 bp −$83.0K |
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 | 7.6422 | −0.075% | $9K | — | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6518 | +0.050% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6426 | −0.070% | $11.1M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6390 | −0.118% | $4.5M | $5.8M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6390 | −0.118% | $2.3M | $5.4M | 50x | as long as short |
| MEXC ZEN_USDTshort | +0.0100% | 8h | 7.6460 | −0.026% | $11.9M | $5.0M | 200x | |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.6440 | −0.052% | $4.1M | $4.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6420 | −0.078% | $2.8M | $3.2M | 50x | as long as short |
| BingX ZEN-USDTlong | +0.0100% | 8h | 7.6480 | long leg | — | $3.2M | — | |
| Variational Omni ZEN | +0.0100% | 8h | 7.6855 | +0.490% | $51K | $83K | — | as long as short |
dYdX ZEN-USD
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Bitget ZENUSDT
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 | 7.6746 | +0.348% | $573K | $1.9M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6760 | +0.366% | $26K | $685K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6570 | +0.118% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6425 | −0.072% | $25K | $121K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6490 | +0.013% | $845K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0355% | 1h | 7.6626 | +0.191% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3198% | 1h | 7.6820 | +0.444% | $503K | $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