ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.84 per $10,000 · paid last 24h +0.046%

Price spread now: Bitget against KuCoin0.000%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$990.989% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 7 days−0.153%−$15 · spread now 0.000%, 7d avg −0.073%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.073% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZENUSDTM	7.7210	−0.0019	get 0.0019% / 8h	1h 04m	$4.3M	$5.0M	50x
Short	Bitget ZENUSDT	7.7210	0.0065	get 0.0065% / 8h	1h 04m	$2.8M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: $17.64
Price spread: 0.000% → −0.073%: $7.33
Slippage, 4 orders: −$74.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.92
Costs to cover: 0.989%
Break-even: 36.3 days

Slippage from KuCoin: live order book, 3 min ago; Bitget: live order book, 8 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 KuCoin live order book, 3 min ago	3.25 bp	26.6 bp −$27	89.3 bp −$893	doesn't fit	doesn't fit
Sell Bitget live order book, 8 min ago	4.55 bp	19.2 bp −$19	36.5 bp −$365	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
OKX ZEN-USDT-SWAP	−0.0056%	4h	7.7270	+0.078%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0050%	8h	7.7045	−0.214%	$51K	$85K	—	as long as short
KuCoin ZENUSDTMlong	−0.0019%	8h	7.7210	long leg	$4.3M	$5.0M	50x
dYdX ZEN-USD	0.0000%	1h	7.7194	−0.020%	$9K	—	5x	as long as short
Extended ZEN-USD	+0.0016%	1h	7.7229	+0.025%	$25K	$110K	5x	as long as short
MEXC ZEN_USDT	+0.0018%	8h	7.7260	+0.065%	$12.3M	$5.6M	200x	as long as short
Binance ZENUSDT	+0.0021%	8h	7.7258	+0.062%	$11.2M	$31.5M	75x	as long as short
Bitget ZENUSDTshort	+0.0065%	8h	7.7210	0.000%	$2.8M	$3.5M	50x
BloFin ZEN-USDT	+0.0073%	8h	7.7170	−0.052%	$838K	$1.8M	75x	as long as short
Bybit ZENUSDT	+0.0074%	8h	7.7190	−0.026%	$4.7M	$6.3M	75x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ZEN-USDT	+0.0082%	8h	7.7210	0.000%	—	$3.4M	—	as long as short
ApeX Omni ZENUSDT	+0.0087%	1h	7.7050	−0.207%	$27K	$682K	50x	as long as short
Aster ZENUSDT	+0.0091%	8h	7.7217	+0.009%	$53K	$380K	10x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7461	+0.325%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7122	−0.113%	$575K	$1.6M	10x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7200	−0.013%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1880%	1h	7.7488	+0.360%	$507K	$1.1M	25x	as long as short