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: BingX against MEXC−0.013%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.013%, 7d avg −0.025%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.7350 | 0.0100 | pay 0.0100% / 8h | 1h 45m | $11.9M | $4.9M | 200x |
| Short | BingX ZEN-USDT | 7.7340 | 0.0100 | get 0.0100% / 8h | 1h 45m | — | $3.1M | — |
MEXC ZEN_USDT
BingX ZEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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: −0.013% → −0.025%
- $1.24
- Slippage, 4 orders
- −$39.62
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.38
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 4 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 MEXC live order book, 3 min ago | 1.29 bp | 9.4 bp −$9 | 20.4 bp −$204 | 96.3 bp −$9,627 | doesn't fit |
| Sell BingX live order book, 4 min ago | 5.17 bp | 19.3 bp −$19 | 47.7 bp −$477 | 181.7 bp −$18.2K | 440.0 bp −$220.0K |
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 | 7.7347 | −0.004% | $9K | — | 5x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0054% | 4h | 7.7280 | −0.090% | $2.3M | $5.4M | 50x | as long as short |
| KuCoin ZENUSDTM | +0.0069% | 8h | 7.7340 | −0.013% | $4.1M | $4.1M | 50x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7476 | +0.163% | $2.4M | $1.3M | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7355 | +0.006% | $44K | $393K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.7342 | −0.011% | $11.2M | $30.2M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7300 | −0.065% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDTlong | +0.0100% | 8h | 7.7350 | long leg | $11.9M | $4.9M | 200x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7330 | −0.026% | $2.9M | $3.1M | 50x | as long as short |
| BingX ZEN-USDTshort | +0.0100% | 8h | 7.7340 | −0.013% | — | $3.1M | — |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Hyperliquid ZEN
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
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 | 7.7271 | −0.102% | $55K | $83K | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7180 | −0.220% | $584K | $2.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7350 | 0.000% | $27K | $675K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7330 | −0.026% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7334 | −0.021% | $22K | $129K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7260 | −0.116% | $835K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2841% | 1h | 7.7596 | +0.318% | $496K | $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