Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against KuCoin−0.039%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.106%+$11 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now −0.039%, 7d avg −0.038%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ZENUSDTM | 7.7260 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $4.1M | $4.5M | 50x |
| Short | Binance ZENUSDT | 7.7230 | 0.0100 | get 0.0100% / 8h | 5h 29m | $11.2M | $30.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.039% → −0.038%
- −$0.04
- Slippage, 4 orders
- −$73.73
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.77
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Binance: live order book, 12 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 KuCoin live order book, 8 min ago | 3.25 bp | 33.2 bp −$33 | 98.3 bp −$983 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.65 bp | 14.5 bp −$14 | 35.8 bp −$358 | 234.5 bp −$23.5K | 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 | 7.7262 | +0.002% | $9K | — | 5x | as long as short |
| Variational Omni ZEN | +0.0098% | 8h | 7.7059 | −0.260% | $51K | $83K | — | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7230 | −0.038% | $54K | $375K | 10x | as long as short |
| Binance ZENUSDTshort | +0.0100% | 8h | 7.7230 | −0.039% | $11.2M | $30.0M | 75x | |
| Bybit ZENUSDT | +0.0100% | 8h | 7.7200 | −0.078% | $4.6M | $5.8M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.7200 | −0.078% | $2.3M | $5.4M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.7230 | −0.039% | $12.0M | $5.0M | 200x | as long as short |
| KuCoin ZENUSDTMlong | +0.0100% | 8h | 7.7260 | long leg | $4.1M | $4.5M | 50x | |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7260 | 0.000% | $2.9M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7240 | −0.026% | — | $3.2M | — | 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 | 7.7270 | +0.013% | $578K | $1.9M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7180 | −0.104% | $26K | $685K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7280 | +0.026% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.7218 | −0.054% | $25K | $127K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7150 | −0.142% | $849K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0344% | 1h | 7.7393 | +0.172% | $2.5M | $1.4M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3171% | 1h | 7.7468 | +0.269% | $507K | $1.0M | 25x | as long as short |
KuCoin ZENUSDTM
Binance ZENUSDT
Variational Omni ZEN
Aster ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
Bitget ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD