ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%

Price spread now: BingX against KuCoin−0.026%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1321.318% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 7 days−0.115%−$12 · spread now −0.026%, 7d avg −0.061%

Together, before fees+0.049%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BingX is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZENUSDTM	7.7240	0.0090	pay 0.0090% / 8h	2h 08m	$4.1M	$4.1M	50x
Short	BingX ZEN-USDT	7.7220	0.0100	get 0.0100% / 8h	2h 08m	—	$3.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $2.1
Price spread: −0.026% → −0.061%: $3.5
Slippage, 4 orders: −$109.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$126.15
Costs to cover: 1.318%
Break-even: 427.5 days

Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 11 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, 4 min ago	5.16 bp	48.2 bp −$48	93.1 bp −$931	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	5.17 bp	17.0 bp −$17	44.6 bp −$446	184.5 bp −$18.5K	419.4 bp −$209.7K

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	7.7345	+0.135%	$9K	—	5x	as long as short
OKX ZEN-USDT-SWAP	+0.0081%	4h	7.7190	−0.065%	$2.3M	$5.3M	50x	as long as short
KuCoin ZENUSDTMlong	+0.0090%	8h	7.7240	long leg	$4.1M	$4.1M	50x
Hyperliquid ZEN	+0.0100%	1h	7.7386	+0.189%	$2.4M	$1.3M	5x	as long as short
Aster ZENUSDT	+0.0100%	8h	7.7244	+0.005%	$42K	$391K	10x	as long as short
Binance ZENUSDT	+0.0100%	8h	7.7258	+0.023%	$11.2M	$30.2M	75x	as long as short
Bybit ZENUSDT	+0.0100%	8h	7.7200	−0.052%	$4.5M	$5.7M	75x	as long as short
MEXC ZEN_USDT	+0.0100%	8h	7.7230	−0.013%	$11.8M	$5.0M	200x	as long as short
Bitget ZENUSDT	+0.0100%	8h	7.7260	+0.026%	$2.9M	$3.1M	50x	as long as short
BingX ZEN-USDTshort	+0.0100%	8h	7.7220	−0.026%	—	$3.1M	—

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZEN	+0.0100%	8h	7.7331	+0.118%	$55K	$88K	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.7567	+0.423%	$582K	$2.5M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.7410	+0.220%	$27K	$676K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.7370	+0.168%	$1K	$1.3M	20x	as long as short
Extended ZEN-USD	+0.0104%	1h	7.7216	−0.031%	$25K	$132K	5x	as long as short
BloFin ZEN-USDT	+0.0220%	8h	7.7280	+0.052%	$820K	$1.5M	75x	as long as short
Kraken Futures PF_ZENUSD	+0.3057%	1h	7.7576	+0.435%	$496K	$1.0M	25x	as long as short