Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0070%/8h= −7.7% APRnext payment $0.70 per $10,000 · paid last 24h −0.029%
Price spread now: Variational Omni against KuCoin−0.253%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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 −$2 a day on $10k at the current rate, and Variational Omni is 0.253% cheaper against KuCoin than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ZENUSDTM7.81800.0100pay 0.0100% / 8h7h 10m$4.5M$4.8M50x
ShortVariational Omni ZEN7.79820.0030get 0.0030% / 8h7h 10m$52K$85K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$14.75
Price spread: −0.253% → 0.000%
−$25.31
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$52.06
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago3.84 bp38.0 bp −$3893.0 bp −$930doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZEN-USD0.0000%1h7.8172−0.011%$9K5xas long as short
Variational Omni ZENshort+0.0030%8h7.7982−0.253%$52K$85K
Aster ZENUSDT+0.0100%8h7.8166−0.018%$53K$379K10xas long as short
Binance ZENUSDT+0.0100%8h7.8160−0.026%$11.4M$31.3M75xas long as short
Bybit ZENUSDT+0.0100%8h7.8080−0.128%$4.7M$6.1M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.8090−0.115%$2.4M$5.7M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.8120−0.077%$12.5M$5.3M200xas long as short
KuCoin ZENUSDTMlong+0.0100%8h7.8180long leg$4.5M$4.8M50x
Bitget ZENUSDT+0.0100%8h7.8120−0.077%$2.9M$3.4M50xas long as short
BingX ZEN-USDT+0.0100%8h7.8160−0.026%$3.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.8089−0.116%$590K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.8090−0.115%$27K$688K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7920−0.333%$2K$1.4M20xas long as short
Extended ZEN-USD+0.0104%1h7.8143−0.047%$22K$121K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.8220+0.051%$849K$1.8M75xas long as short
Hyperliquid ZEN+0.0357%1h7.8371+0.244%$2.5M$1.8M5xas long as short
Kraken Futures PF_ZENUSD+0.2963%1h7.8305+0.160%$512K$1.0M25xas long as short