ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%

Price spread now: Binance against MEXC−0.002%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$390.395% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.008%+$1 · spread now −0.002%, 7d avg 0.000%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEN_USDT	7.7260	0.0018	pay 0.0018% / 8h	1h 04m	$12.3M	$5.6M	200x
Short	Binance ZENUSDT	7.7258	0.0021	get 0.0021% / 8h	1h 04m	$11.2M	$31.5M	75x

Funding history

latest

Range statsloading…

Binance against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee MEXCbpFee BinancebpOrdersPrice spread, now −0.002%Rate

Slippage from MEXC: live order book, 9 min ago; Binance: live order book, 7 min ago.

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, 9 min ago	0.65 bp	6.5 bp −$7	17.5 bp −$175	87.8 bp −$8,783	doesn't fit
Sell Binance live order book, 7 min ago	0.65 bp	12.7 bp −$13	33.3 bp −$333	230.5 bp −$23.0K	doesn't fit

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	+0.013%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0050%	8h	7.7045	−0.279%	$51K	$85K	—	as long as short
KuCoin ZENUSDTM	−0.0019%	8h	7.7210	−0.065%	$4.3M	$5.0M	50x	as long as short
dYdX ZEN-USD	0.0000%	1h	7.7194	−0.085%	$9K	—	5x	as long as short
Extended ZEN-USD	+0.0016%	1h	7.7229	−0.040%	$25K	$110K	5x	as long as short
MEXC ZEN_USDTlong	+0.0018%	8h	7.7260	long leg	$12.3M	$5.6M	200x
Binance ZENUSDTshort	+0.0021%	8h	7.7258	−0.002%	$11.2M	$31.5M	75x
Bitget ZENUSDT	+0.0065%	8h	7.7210	−0.065%	$2.8M	$3.5M	50x	as long as short
BloFin ZEN-USDT	+0.0073%	8h	7.7170	−0.116%	$838K	$1.8M	75x	as long as short
Bybit ZENUSDT	+0.0074%	8h	7.7190	−0.091%	$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	−0.065%	—	$3.4M	—	as long as short
ApeX Omni ZENUSDT	+0.0087%	1h	7.7050	−0.272%	$27K	$682K	50x	as long as short
Aster ZENUSDT	+0.0091%	8h	7.7217	−0.055%	$53K	$380K	10x	as long as short
Hyperliquid ZEN	+0.0100%	1h	7.7461	+0.260%	$2.4M	$1.8M	5x	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7122	−0.178%	$575K	$1.6M	10x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7200	−0.078%	$2K	$1.4M	20x	as long as short
Kraken Futures PF_ZENUSD	+0.1880%	1h	7.7488	+0.295%	$507K	$1.1M	25x	as long as short