Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against MEXC−0.110%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.110%, 7d avg −0.049%
=Together, before fees+0.215%+ Points / potential airdropExtended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.061% cheaper against MEXC than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEN_USDT | 7.6390 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $11.9M | $5.0M | 200x |
| Short | Extended ZEN-USD | 7.6306 | 0.0104 | get 0.0013% / 1h | 5m 16s | $25K | $121K | 5x |
MEXC ZEN_USDT
Extended ZEN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: −0.110% → −0.049%
- −$6.07
- Slippage, 4 orders
- −$45.14
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$59.37
- Costs to cover
- 0.541%
- Break-even
- 501.8 days
Slippage from MEXC: live order book, 3 min ago; Extended: live order book, 55 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, 3 min ago | 0.65 bp | 6.3 bp −$6 | 22.6 bp −$226 | 85.2 bp −$8,515 | 173.7 bp −$86.9K |
| Sell Extended live order book, 55 min ago | 2.64 bp | 19.9 bp −$20 | 129.5 bp −$1,295 | 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 | 7.6340 | −0.066% | $9K | — | 5x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.6400 | +0.014% | $53K | $375K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6401 | +0.014% | $11.1M | $29.9M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6300 | −0.118% | $4.5M | $5.8M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6360 | −0.039% | $2.3M | $5.4M | 50x | as long as short |
| MEXC ZEN_USDTlong | +0.0100% | 8h | 7.6390 | long leg | $11.9M | $5.0M | 200x | |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.6360 | −0.039% | $4.1M | $4.5M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6340 | −0.065% | $2.8M | $3.2M | 50x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.6400 | +0.013% | — | $3.2M | — | as long as short |
| Variational Omni ZEN | +0.0100% | 8h | 7.6275 | −0.150% | $51K | $83K | — | as long as short |
dYdX ZEN-USD
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Bitget ZENUSDT
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 | 7.6746 | +0.466% | $573K | $1.9M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6760 | +0.484% | $26K | $685K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6320 | −0.092% | $1K | $1.3M | 20x | as long as short |
| Extended ZEN-USDshort | +0.0104% | 1h | 7.6306 | −0.110% | $25K | $121K | 5x | |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.6360 | −0.039% | $843K | $1.6M | 75x | as long as short |
| Hyperliquid ZEN | +0.0354% | 1h | 7.6538 | +0.194% | $2.5M | $1.3M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.3206% | 1h | 7.6632 | +0.317% | $501K | $1.0M | 25x | as long as short |
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD