ZEN funding rates and arbitrage
Updated 2026-10-29 16:59 UTC
Best ZEN arbitrage after every cost
No ZEN pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
ZEN funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Kraken | PF_ZENUSD | 0.0112% | 1 h | +98.5% | +48.9% | $274.5K | 2026-10-29 17:00 |
| BloFin | ZEN-USDT | 0.0200% | 8 h | +21.9% | +11.2% | $590.9K | 2026-10-30 00:00 |
| KuCoin | ZENUSDTM | 0.0100% | 8 h | +10.9% | −4.0% | $2.8M | 2026-10-30 00:00 |
| Bitunix | ZENUSDT | 0.0100% | 8 h | +10.9% | +5.8% | — | 2026-10-30 00:00 |
| WhiteBIT | ZEN_PERP | 0.0100% | 8 h | +10.9% | +11.4% | $1.4M | 2026-10-30 00:00 |
| Bitget | ZENUSDT | 0.0100% | 8 h | +10.9% | +10.8% | $2M | 2026-10-30 00:00 |
| BingX | ZEN-USDT | 0.0100% | 8 h | +10.9% | +11.1% | $1.5M | 2026-10-30 00:00 |
| Bybit | ZENUSDT | 0.0100% | 8 h | +10.9% | +5.8% | $3.2M | 2026-10-30 00:00 |
| GRVT | ZEN_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.4% | $458.3K | 2026-10-30 00:00 |
| Aster | ZENUSDT | 0.0100% | 8 h | +10.9% | +10.0% | $27.7K | 2026-10-30 00:00 |
| Variational | ZEN-PERP | 0.0100% | 8 h | +10.9% | — | $34.2K | 2026-10-30 00:00 |
| TXFlow | ZEN-USDC | 0.0013% | 1 h | +10.9% | — | $2.8K | 2026-10-29 17:00 |
| Hyperliquid | ZEN | 0.0013% | 1 h | +10.9% | +10.8% | $847.5K | 2026-10-29 17:00 |
| LBank | ZENUSDT | 0.0084% | 8 h | +9.2% | — | — | 2026-10-30 00:00 |
| WOO X | PERP_ZEN_USDT | 0.0080% | 8 h | +8.8% | +6.2% | $55.9K | 2026-10-30 00:00 |
| MEXC | ZEN_USDT | 0.0080% | 8 h | +8.8% | +6.2% | $3.1M | 2026-10-30 00:00 |
| Extended | ZEN-USD | 0.0010% | 1 h | +8.8% | +4.7% | $20.5K | 2026-10-29 17:00 |
| Binance | ZENUSDT | 0.0077% | 8 h | +8.5% | +6.3% | $6.4M | 2026-10-30 00:00 |
| OKX | ZEN-USDT-SWAP | -0.0035% | 4 h | −7.7% | +7.7% | $1.2M | 2026-10-29 20:00 |
| ApeX | ZEN-USDT | -0.0022% | 1 h | −19.2% | +10.7% | $11.4K | 2026-10-29 17:00 |
Borrow ZEN to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 1.18% | — |
| Bybit | 4.94% | — |
| OKX | 6.51% | — |
| Binance | 24.27% | — |
Cost to enter $10,000 of ZEN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ZEN_USDT | 2.8 bp | top of book only |
| Variational | ZEN-PERP | 4.4 bp | top of book only |
| Extended | ZEN-USD | 5.2 bp | top of book only |
| BingX | ZEN-USDT | 5.8 bp | top of book only |
| OKX | ZEN-USDT-SWAP | 5.8 bp | top of book only |
| Binance | ZENUSDT | 6.7 bp | top of book only |
| BloFin | ZEN-USDT | 6.8 bp | top of book only |
| GRVT | ZEN_USDT_Perp | 7.0 bp | top of book only |
| Bybit | ZENUSDT | 8.0 bp | top of book only |
| Binance | ZENUSDT (spot) | 10.8 bp | top of book only |
| Bitget | ZENUSDT | 11.0 bp | top of book only |
| KuCoin | ZENUSDTM | 11.8 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on ZEN
Questions
Is ZEN funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no ZEN pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest ZEN funding rate?
Kraken at +98.5% a year (0.0112% every 1 h); the lowest is ApeX at −19.2%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.