ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against Aster+0.035%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$325as in the Price arb table

costs, in and out, $10k−$3303.302% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.132%−$13 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.035%, 7d avg −0.016%

Together, before fees−0.236%+ Points / potential airdropAster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.050% dearer against Aster than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.016%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.4 days. At the pace of the last 5 days (−0.132% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ZENUSDT	7.7763	0.0100	pay 0.0100% / 8h	7h 27m	$53K	$378K	10x
Short	KuCoin ZENUSDTM	7.7790	0.0080	get 0.0080% / 8h	7h 27m	$4.4M	$4.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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 AsterbpFee KuCoinbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$4.2
Price spread: +0.035% → −0.016%: $5.05
Slippage, 4 orders: −$310.15
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$329.3
Costs to cover: 3.302%
Break-even: never at this rate

Slippage from Aster: live order book, 45 min ago; KuCoin: live order book, just now.

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 Aster live order book, 45 min ago	7.11 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, just now	2.57 bp	36.5 bp −$37	88.9 bp −$889	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	7.7768	+0.006%	$9K	—	5x	as long as short
Variational Omni ZEN	+0.0003%	8h	7.7503	−0.334%	$52K	$85K	—	as long as short
Bybit ZENUSDT	+0.0037%	8h	7.7650	−0.145%	$4.6M	$6.1M	75x	as long as short
KuCoin ZENUSDTMshort	+0.0080%	8h	7.7790	+0.035%	$4.4M	$4.8M	50x
Aster ZENUSDTlong	+0.0100%	8h	7.7763	long leg	$53K	$378K	10x
Binance ZENUSDT	+0.0100%	8h	7.7751	−0.016%	$11.2M	$31.2M	75x	as long as short
OKX ZEN-USDT-SWAP	+0.0100%	4h	7.7720	−0.055%	$2.3M	$5.7M	50x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7730	−0.042%	$12.5M	$5.3M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7740	−0.030%	$2.9M	$3.4M	50x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.7730	−0.042%	—	$3.3M	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7607	−0.200%	$583K	$1.7M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7680	−0.107%	$27K	$688K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7750	−0.017%	$2K	$1.4M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.7742	−0.027%	$22K	$121K	5x	as long as short
Hyperliquid ZEN	+0.0161%	1h	7.7933	+0.219%	$2.4M	$1.8M	5x	as long as short
BloFin ZEN-USDT	+0.0220%	8h	7.7790	+0.035%	$850K	$1.8M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.2973%	1h	7.8050	+0.369%	$511K	$1.0M	25x	as long as short