ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.30 per $10,000 · paid last 24h −0.032%

Price spread now: KuCoin against Binance+0.030%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1111.111% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 7 days+0.108%+$11 · spread now +0.030%, 7d avg +0.042%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, 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	Binance ZENUSDT	7.6697	0.0006	pay 0.0006% / 8h	1h 47m	$11.0M	$32.0M	75x
Short	KuCoin ZENUSDTM	7.6720	−0.0024	pay 0.0024% / 8h	1h 47m	$4.3M	$5.1M	50x

Funding history

latest

Range statsloading…

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.030%Rate

Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 5 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 9 min ago	1.30 bp	13.4 bp −$13	35.9 bp −$359	382.1 bp −$38.2K	doesn't fit
Sell KuCoin live order book, 5 min ago	3.91 bp	50.3 bp −$50	84.7 bp −$847	doesn't fit	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	−0.0088%	4h	7.6660	−0.048%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZEN	−0.0068%	8h	7.6558	−0.181%	$51K	$150K	—	as long as short
KuCoin ZENUSDTMshort	−0.0024%	8h	7.6720	+0.030%	$4.3M	$5.1M	50x
dYdX ZEN-USD	0.0000%	1h	7.6781	+0.109%	$9K	—	5x	as long as short
Extended ZEN-USD	0.0000%	1h	7.6690	−0.010%	$25K	$110K	5x	as long as short
MEXC ZEN_USDT	+0.0003%	8h	7.6690	−0.009%	$12.2M	$5.6M	200x	as long as short
Binance ZENUSDTlong	+0.0006%	8h	7.6697	long leg	$11.0M	$32.0M	75x
BloFin ZEN-USDT	+0.0015%	8h	7.6720	+0.030%	$839K	$1.9M	75x	as long as short
Bitget ZENUSDT	+0.0036%	8h	7.6710	+0.017%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0065%	8h	7.6745	+0.062%	$53K	$381K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0100%	8h	7.6690	−0.009%	$4.7M	$6.8M	75x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.6700	+0.004%	—	$3.4M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6547	−0.196%	$579K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6710	+0.017%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6620	−0.101%	$1K	$1.4M	20x	as long as short
Hyperliquid ZEN	+0.0123%	1h	7.6891	+0.253%	$2.4M	$1.9M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.1895%	1h	7.6881	+0.239%	$495K	$1.1M	25x	as long as short