Funding you earn now, next payment 00:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.035%
Price spread now: KuCoin against OKX+0.065%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1271.265% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.091%+$9 · spread now +0.065%, 7d avg +0.076%
=The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEN-USDT-SWAP | 7.7020 | −0.0098 | get 0.0049% / 4h | 1h 24m | $2.3M | $5.8M | 50x |
| Short | KuCoin ZENUSDTM | 7.7070 | −0.0042 | pay 0.0042% / 8h | 1h 24m | $4.3M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- $11.76
- Price spread: +0.065% → +0.076%
- −$1.15
- Slippage, 4 orders
- −$104.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$115.93
- Costs to cover
- 1.265%
- Break-even
- 76.0 days
Slippage from OKX: 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 OKX live order book, 4 min ago | 1.96 bp | 22.9 bp −$23 | 144.9 bp −$1,449 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.26 bp | 48.5 bp −$48 | 82.6 bp −$826 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX ZEN-USDT-SWAPlong | −0.0098% | 4h | 7.7020 | long leg | $2.3M | $5.8M | 50x | |
| Variational Omni ZEN | −0.0050% | 8h | 7.6785 | −0.305% | $51K | $150K | — | as long as short |
| KuCoin ZENUSDTMshort | −0.0042% | 8h | 7.7070 | +0.065% | $4.3M | $5.0M | 50x | |
| MEXC ZEN_USDT | −0.0002% | 8h | 7.7060 | +0.052% | $12.2M | $5.6M | 200x | as long as short |
| Binance ZENUSDT | −0.0001% | 8h | 7.7050 | +0.039% | $11.1M | $31.8M | 75x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.7005 | −0.020% | $9K | — | 5x | as long as short |
| Extended ZEN-USD | 0.0000% | 1h | 7.7035 | +0.019% | $25K | $110K | 5x | as long as short |
| Bitget ZENUSDT | +0.0046% | 8h | 7.7070 | +0.065% | $2.9M | $3.5M | 50x | as long as short |
| Aster ZENUSDT | +0.0066% | 8h | 7.7055 | +0.045% | $53K | $380K | 10x | as long as short |
| Hyperliquid ZEN | +0.0100% | 1h | 7.7258 | +0.309% | $2.4M | $1.8M | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZENUSDT | +0.0100% | 8h | 7.7000 | −0.026% | $4.7M | $6.6M | 75x | as long as short |
| BingX ZEN-USDT | +0.0100% | 8h | 7.7080 | +0.078% | — | $3.4M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6760 | −0.338% | $581K | $1.6M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.6720 | −0.390% | $27K | $682K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7030 | +0.013% | $1K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0117% | 8h | 7.6990 | −0.039% | $842K | $1.9M | 75x | as long as short |
| Kraken Futures PF_ZENUSD | +0.1881% | 1h | 7.7428 | +0.529% | $507K | $1.1M | 25x | as long as short |
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Variational Omni ZEN
MEXC ZEN_USDT
Binance ZENUSDT
Extended ZEN-USD
Bitget ZENUSDT
Aster ZENUSDT
Hyperliquid ZEN
Bybit ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Kraken Futures PF_ZENUSD