# ZEN funding rates and arbitrage

Updated 2026-10-30 02:45 UTC · https://afterfees.xyz/coin/ZEN

## 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 |
|---|---|---|---|---|---|---|---|
| [WhiteBIT](https://afterfees.xyz/venues/whitebit) | ZEN_PERP | 0.0100% | 8 h | +10.9% | +11.3% | $1.2M | 2026-10-30 08:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | ZEN-USDT | 0.0013% | 1 h | +10.9% | +7.1% | $13.9K | 2026-10-30 03:00 |
| [Bitget](https://afterfees.xyz/venues/bitget) | ZENUSDT | 0.0100% | 8 h | +10.9% | +10.9% | $1.7M | 2026-10-30 08:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | ZEN-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $1M | 2026-10-30 08:00 |
| [GRVT](https://afterfees.xyz/venues/grvt) | ZEN_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.3% | $404.3K | 2026-10-30 08:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | ZEN-USDC | 0.0013% | 1 h | +10.9% | — | $4.3K | 2026-10-30 03:00 |
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | ZEN | 0.0013% | 1 h | +10.9% | +9.3% | $651.5K | 2026-10-30 03:00 |
| [Variational](https://afterfees.xyz/venues/variational) | ZEN-PERP | 0.0100% | 8 h | +10.9% | — | $29.6K | 2026-10-30 08:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | ZENUSDT | 0.0053% | 8 h | +5.8% | +4.5% | $2.4M | 2026-10-30 08:00 |
| [KuCoin](https://afterfees.xyz/venues/kucoin) | ZENUSDTM | -0.0031% | 8 h | −3.4% | −2.2% | $2.5M | 2026-10-30 08:00 |
| [OKX](https://afterfees.xyz/venues/okx) | ZEN-USDT-SWAP | -0.0032% | 4 h | −7.1% | +6.7% | $1.1M | 2026-10-30 04:00 |
| [Aster](https://afterfees.xyz/venues/aster) | ZENUSDT | -0.0081% | 8 h | −8.9% | +9.4% | $4.5K | 2026-10-30 08:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | ZENUSDT | -0.0134% | 8 h | −14.7% | — | — | 2026-10-30 08:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | ZEN_USDT | -0.0136% | 8 h | −14.9% | +5.4% | $1.8M | 2026-10-30 08:00 |
| [Extended](https://afterfees.xyz/venues/extended) | ZEN-USD | -0.0017% | 1 h | −14.9% | +3.9% | $16.4K | 2026-10-30 03:00 |
| [WOO X](https://afterfees.xyz/venues/woox) | PERP_ZEN_USDT | -0.0137% | 8 h | −15.0% | +5.5% | $72K | 2026-10-30 08:00 |
| [Binance](https://afterfees.xyz/venues/binance) | ZENUSDT | -0.0137% | 8 h | −15.0% | +5.5% | $5.3M | 2026-10-30 08:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | ZEN-USDT | -0.0155% | 8 h | −17.0% | +9.8% | $532.9K | 2026-10-30 08:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | ZENUSDT | -0.0162% | 8 h | −17.8% | +5.1% | — | 2026-10-30 08:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_ZENUSD | -0.0035% | 1 h | −30.5% | +49.9% | $148.9K | 2026-10-30 03:00 |

## Borrow ZEN to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.99% | — |
| Bybit | 5.55% | — |
| OKX | 7.40% | — |
| Binance | 27.09% | — |

## Cost to enter $10,000 of ZEN

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| ApeX | ZEN-USDT | 11.7 bp * | order-book snapshot, 14 min old |
| MEXC | ZEN_USDT | 3.9 bp | top of book only |
| Extended | ZEN-USD | 5.0 bp | top of book only |
| Variational | ZEN-PERP | 5.5 bp | top of book only |
| Binance | ZENUSDT | 5.9 bp | top of book only |
| BingX | ZEN-USDT | 5.9 bp | top of book only |
| OKX | ZEN-USDT-SWAP | 6.9 bp | top of book only |
| GRVT | ZEN_USDT_Perp | 7.3 bp | top of book only |
| BloFin | ZEN-USDT | 7.9 bp | top of book only |
| Bybit | ZENUSDT | 8.3 bp | top of book only |
| Binance | ZENUSDT (spot) | 10.9 bp | top of book only |
| Aster | ZENUSDT | 11.5 bp | top of book only |

_Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account._

## More on ZEN

- [Borrow ZEN: rates on every exchange](https://afterfees.xyz/borrow/ZEN)
- [ZEN transfer arbitrage](https://afterfees.xyz/transfers/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?**

WhiteBIT at +10.9% a year (0.0100% every 8 h); the lowest is Kraken at −30.5%. 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._