Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.46 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against Bitget+0.065%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$900.895% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 7 days+0.140%+$14 · spread now +0.065%, 7d avg +0.069%
=The price spread sits at its 7-day average of +0.069%, 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 | Bitget ZENUSDT | 7.6550 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $2.8M | $3.0M | 50x |
| Short | KuCoin ZENUSDTM | 7.6600 | 0.0054 | get 0.0054% / 8h | 3h 23m | $4.1M | $4.2M | 50x |
Bitget ZENUSDT
KuCoin ZENUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$9.66
- Price spread: +0.065% → +0.069%
- −$0.32
- Slippage, 4 orders
- −$65.54
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$99.52
- Costs to cover
- 0.895%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; KuCoin: 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 Bitget live order book, 4 min ago | 3.26 bp | 16.6 bp −$17 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.61 bp | 35.9 bp −$36 | 68.0 bp −$680 | 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 | 7.6633 | +0.108% | $9K | — | 5x | as long as short |
| KuCoin ZENUSDTMshort | +0.0054% | 8h | 7.6600 | +0.065% | $4.1M | $4.2M | 50x | |
| OKX ZEN-USDT-SWAP | +0.0072% | 4h | 7.6510 | −0.052% | $2.2M | $5.2M | 50x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6552 | +0.003% | $44K | $385K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6544 | −0.008% | $11.0M | $29.8M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6520 | −0.039% | $4.5M | $5.7M | 75x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6560 | +0.013% | $11.7M | $5.0M | 200x | as long as short |
| Bitget ZENUSDTlong | +0.0100% | 8h | 7.6550 | long leg | $2.8M | $3.0M | 50x | |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6550 | 0.000% | — | $3.1M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6546 | −0.005% | $55K | $89K | — | as long as short |
dYdX ZEN-USD
OKX ZEN-USDT-SWAP
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
MEXC ZEN_USDT
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 | 7.6587 | +0.049% | $576K | $2.3M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6690 | +0.183% | $27K | $683K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6610 | +0.078% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6528 | −0.028% | $25K | $142K | 5x | as long as short |
| Hyperliquid ZEN | +0.0193% | 1h | 7.6704 | +0.201% | $2.5M | $1.3M | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6580 | +0.039% | $821K | $1.6M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2336% | 1h | 7.6784 | +0.306% | $495K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
Hyperliquid ZEN
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD