Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h −0.044%
Price spread now: Variational Omni against dYdX−0.174%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.174% cheaper against dYdX than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEN-USD | 7.7438 | 0 | get 0.0000% / 1h | 7m 28s | $9K | — | 5x |
| Short | Variational Omni ZEN | 7.7304 | −0.0039 | pay 0.0039% / 8h | 7m 28s | $52K | $85K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- −$8.21
- Price spread: −0.174% → 0.000%
- −$17.38
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.6
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 71 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 71 min ago | 5.96 bp | doesn't fit | 156.6 bp −$1,566 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZENshort | −0.0039% | 8h | 7.7304 | −0.174% | $52K | $85K | — | |
| OKX ZEN-USDT-SWAP | −0.0009% | 4h | 7.7320 | −0.153% | $2.3M | $5.8M | 50x | as long as short |
| dYdX ZEN-USDlong | 0.0000% | 1h | 7.7438 | long leg | $9K | — | 5x | |
| KuCoin ZENUSDTM | +0.0032% | 8h | 7.7390 | −0.062% | $4.4M | $4.9M | 50x | as long as short |
| Bybit ZENUSDT | +0.0044% | 8h | 7.7340 | −0.127% | $4.6M | $6.3M | 75x | as long as short |
| Extended ZEN-USD | +0.0072% | 1h | 7.7334 | −0.135% | $25K | $118K | 5x | as long as short |
| MEXC ZEN_USDT | +0.0072% | 8h | 7.7380 | −0.075% | $12.5M | $5.5M | 200x | as long as short |
| Binance ZENUSDT | +0.0073% | 8h | 7.7410 | −0.037% | $11.2M | $31.6M | 75x | as long as short |
| Aster ZENUSDT | +0.0100% | 8h | 7.7331 | −0.138% | $52K | $377K | 10x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.7380 | −0.075% | $2.9M | $3.5M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.7600 | +0.209% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.7371 | −0.088% | $577K | $1.7M | 10x | as long as short |
| ApeX Omni ZENUSDT | +0.0100% | 1h | 7.7380 | −0.075% | $26K | $685K | 50x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.7320 | −0.153% | $1K | $1.4M | 20x | as long as short |
| BloFin ZEN-USDT | +0.0193% | 8h | 7.7420 | −0.024% | $849K | $1.8M | 75x | as long as short |
| Hyperliquid ZEN | +0.0358% | 1h | 7.7541 | +0.133% | $2.5M | $1.8M | 5x | as long as short |
| Kraken Futures PF_ZENUSD | +0.2654% | 1h | 7.7678 | +0.309% | $508K | $1.0M | 25x | as long as short |
Variational Omni ZEN
OKX ZEN-USDT-SWAP
KuCoin ZENUSDTM
Bybit ZENUSDT
Extended ZEN-USD
MEXC ZEN_USDT
Binance ZENUSDT
Aster ZENUSDT
Bitget ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
ApeX Omni ZENUSDT
SunX ZEN-USDT
BloFin ZEN-USDT
Hyperliquid ZEN
Kraken Futures PF_ZENUSD