ZEN funding rates and arbitrage
Updated 2026-11-11 23:02 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 |
|---|---|---|---|---|---|---|---|
| Bybit | ZENUSDT | 0.0100% | 8 h | +10.9% | +8.8% | $2.2M | 2026-11-12 00:00 |
| KuCoin | ZENUSDTM | 0.0100% | 8 h | +10.9% | +10.4% | $2M | 2026-11-12 00:00 |
| WhiteBIT | ZEN_PERP | 0.0100% | 8 h | +10.9% | +11.0% | $971.6K | 2026-11-12 00:00 |
| Bitget | ZENUSDT | 0.0100% | 8 h | +10.9% | +6.3% | $1.6M | 2026-11-12 00:00 |
| OKX | ZEN-USDT-SWAP | 0.0050% | 4 h | +10.9% | +4.4% | $965.6K | 2026-11-12 00:00 |
| GRVT | ZEN_USDT_Perp | 0.0100% | 8 h | +10.9% | +11.0% | $351.2K | 2026-11-12 00:00 |
| BingX | ZEN-USDT | 0.0100% | 8 h | +10.9% | +10.5% | $628.5K | 2026-11-12 00:00 |
| TXFlow | ZEN-USDC | 0.0013% | 1 h | +10.9% | — | $12.8K | 2026-11-12 00:00 |
| Aster | ZENUSDT | 0.0100% | 8 h | +10.9% | +10.9% | $11.8K | 2026-11-12 00:00 |
| Variational | ZEN-PERP | 0.0100% | 8 h | +10.9% | +12.3% | $25.2K | 2026-11-12 00:00 |
| Bitunix | ZENUSDT | 0.0087% | 8 h | +9.5% | +10.5% | — | 2026-11-12 00:00 |
| BloFin | ZEN-USDT | 0.0065% | 8 h | +7.1% | +17.0% | $494.7K | 2026-11-12 00:00 |
| LBank | ZENUSDT | 0.0062% | 8 h | +6.8% | +12.3% | — | 2026-11-12 00:00 |
| WOO X | PERP_ZEN_USDT | 0.0058% | 8 h | +6.3% | +10.4% | $73.2K | 2026-11-12 00:00 |
| Binance | ZENUSDT | 0.0058% | 8 h | +6.3% | +10.5% | $4.3M | 2026-11-12 00:00 |
| MEXC | ZEN_USDT | 0.0057% | 8 h | +6.2% | +10.4% | $1.5M | 2026-11-12 00:00 |
| Extended | ZEN-USD | 0.0007% | 1 h | +6.1% | +11.0% | $1.5K | 2026-11-12 00:00 |
| Kraken | PF_ZENUSD | 0.0005% | 1 h | +4.1% | −21.6% | $73.1K | 2026-11-12 00:00 |
| Hyperliquid | ZEN | -0.0028% | 1 h | −24.2% | +10.2% | $426.3K | 2026-11-12 00:00 |
| ApeX | ZEN-USDT | -0.0079% | 1 h | −69.4% | +9.2% | $3.3K | 2026-11-12 00:00 |
Borrow ZEN to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 2.04% | — |
| OKX | 5.83% | — |
| Bybit | 8.20% | — |
| Binance | 24.39% | — |
Cost to enter $10,000 of ZEN
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | ZEN_USDT | 1.0 bp | top of book only |
| Extended | ZEN-USD | 4.4 bp | top of book only |
| BingX | ZEN-USDT | 6.0 bp | top of book only |
| Variational | ZEN-PERP | 6.9 bp | top of book only |
| BloFin | ZEN-USDT | 7.0 bp | top of book only |
| Binance | ZENUSDT | 7.1 bp | top of book only |
| OKX | ZEN-USDT-SWAP | 7.1 bp | top of book only |
| GRVT | ZEN_USDT_Perp | 7.6 bp | top of book only |
| Bybit | ZENUSDT | 8.6 bp | top of book only |
| KuCoin | ZENUSDTM | 10.2 bp | top of book only |
| Bitget | ZENUSDT | 10.2 bp | top of book only |
| Binance | ZENUSDT (spot) | 11.0 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?
Bybit at +10.9% a year (0.0100% every 8 h); the lowest is ApeX at −69.4%. 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.