Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRpaid last 24h −0.048%
Price spread now: OKX against MEXC−0.026%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.026%, 7d avg −0.038%
=The price spread sits at its 7-day average of −0.038%, 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 | MEXC ZEN_USDT | 7.6820 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $11.7M | $5.0M | 200x |
| Short | OKX ZEN-USDT-SWAP | 7.6800 | 0.0074 | get 0.0037% / 4h | 3h 18m | $2.3M | $5.2M | 50x |
MEXC ZEN_USDT
OKX ZEN-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$5.38
- Price spread: −0.026% → −0.038%
- $1.23
- Slippage, 4 orders
- −$38.63
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$56.77
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 0.65 bp | 7.0 bp −$7 | 20.1 bp −$201 | 95.8 bp −$9,578 | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.31 bp | 19.2 bp −$19 | 88.4 bp −$884 | 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 | 7.6690 | −0.170% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTM | +0.0058% | 8h | 7.6780 | −0.052% | $4.1M | $4.2M | 50x | as long as short |
| OKX ZEN-USDT-SWAPshort | +0.0074% | 4h | 7.6800 | −0.026% | $2.3M | $5.2M | 50x | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6771 | −0.063% | $44K | $385K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6815 | −0.007% | $11.0M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6750 | −0.091% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDTlong | +0.0100% | 8h | 7.6820 | long leg | $11.7M | $5.0M | 200x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6790 | −0.039% | $2.8M | $3.0M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6760 | −0.078% | — | $3.1M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6672 | −0.193% | $55K | $89K | — | as long as short |
dYdX ZEN-USD
KuCoin ZENUSDTM
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
Bitget ZENUSDT
BingX ZEN-USDT
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 | 7.6754 | −0.086% | $578K | $2.3M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6790 | −0.039% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6830 | +0.013% | $2K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6753 | −0.087% | $25K | $142K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6650 | −0.221% | $825K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0236% | 1h | 7.6965 | +0.189% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2329% | 1h | 7.7016 | +0.255% | $497K | $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