Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.013%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.013%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.6140 | 0.0002 | pay 0.0002% / 8h | 4h 05m | $12.1M | $7.4M | 200x |
| Short | Binance ZENUSDT | 7.6130 | 0.0002 | get 0.0002% / 8h | 4h 05m | $10.8M | $36.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $0.07
- Price spread: −0.013% → 0.000%
- −$1.29
- Slippage, 4 orders
- −$26.35
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$41.58
- Costs to cover
- 0.404%
- Break-even
- 4477.8 days
Slippage from MEXC: live order book, 2 min ago; Binance: 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 MEXC live order book, 2 min ago | 0.66 bp | 6.2 bp −$6 | 16.7 bp −$167 | 78.6 bp −$7,864 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.66 bp | 14.4 bp −$14 | 44.9 bp −$449 | 234.8 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEN | −0.0241% | 8h | 7.6185 | +0.059% | $51K | $269K | — | as long as short |
| OKX ZEN-USDT-SWAP | −0.0152% | 4h | 7.6090 | −0.066% | $2.2M | $7.6M | 50x | as long as short |
| ApeX Omni ZENUSDT | −0.0002% | 1h | 7.6290 | +0.197% | $27K | $686K | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6215 | +0.098% | $9K | — | 5x | as long as short |
| Extended ZEN-USD | 0.0000% | 1h | 7.6123 | −0.022% | $25K | $110K | 5x | as long as short |
| MEXC ZEN_USDTlong | +0.0002% | 8h | 7.6140 | long leg | $12.1M | $7.4M | 200x | |
| Binance ZENUSDTshort | +0.0002% | 8h | 7.6130 | −0.013% | $10.8M | $36.8M | 75x | |
| KuCoin ZENUSDTM | +0.0020% | 8h | 7.6130 | −0.013% | $4.3M | $5.6M | 50x | as long as short |
| Bitget ZENUSDT | +0.0023% | 8h | 7.6060 | −0.105% | $2.8M | $4.1M | 50x | as long as short |
| BingX ZEN-USDT | +0.0031% | 8h | 7.6090 | −0.066% | — | $3.6M | — | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ZENUSDT | +0.0032% | 8h | 7.6123 | −0.022% | $40K | $318K | 10x | as long as short |
| Bybit ZENUSDT | +0.0043% | 8h | 7.6100 | −0.053% | $4.6M | $9.3M | 75x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.6320 | +0.236% | $2.4M | $2.6M | 5x | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6250 | +0.144% | $575K | $1.4M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6190 | +0.066% | $2K | $1.6M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0100% | 8h | 7.6230 | +0.118% | $840K | $2.2M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1177% | 1h | 7.6365 | +0.295% | $480K | $1.2M | 25x | as long as short |
MEXC ZEN_USDT
Binance ZENUSDT
Variational Omni ZEN
OKX ZEN-USDT-SWAP
ApeX Omni ZENUSDT
Extended ZEN-USD
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDT
Aster ZENUSDT
Bybit ZENUSDT
Hyperliquid ZEN
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD