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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.7% APRnext payment +$1.44 per $10,000 · paid last 24h +0.066%
Price spread now: Aster against Variational Omni+0.204%7-day average +0.098% · you sell dearer than you buy
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)+0.142%+$14 on $10k
Price spread, last 3 days (all we have)−0.487%−$49 · spread now +0.204%, 7d avg +0.098%
Together, before fees−0.345%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.107% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6417−0.0072get 0.0072% / 8h1h 57m$51K$151K
ShortAster ZENUSDT7.65730.0072get 0.0072% / 8h1h 57m$53K$381K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Variational Omni. 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
$30.2
Price spread: +0.204% → +0.098%
$10.65
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$32.85
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Aster: live order book, 25 min ago. 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 Variational Omni RFQ quote, 27 min ago5.96 bpdoesn't fit156.2 bp −$1,562doesn't fitdoesn't fit
Sell Aster live order book, 25 min ago9.10 bp227.4 bp −$227doesn't fitdoesn't fitdoesn't fit

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
OKX ZEN-USDT-SWAP−0.0093%4h7.6610+0.252%$2.3M$5.8M50xas long as short
Variational Omni ZENlong−0.0072%8h7.6417long leg$51K$151K
KuCoin ZENUSDTM−0.0018%8h7.6600+0.239%$4.3M$5.2M50xas long as short
dYdX ZEN-USD0.0000%1h7.6592+0.229%$9K5xas long as short
Extended ZEN-USD+0.0008%1h7.6635+0.284%$25K$110K5xas long as short
MEXC ZEN_USDT+0.0010%8h7.6570+0.200%$12.1M$5.5M200xas long as short
Binance ZENUSDT+0.0012%8h7.6633+0.282%$11.0M$32.2M75xas long as short
Bitget ZENUSDT+0.0032%8h7.6630+0.278%$2.8M$3.5M50xas long as short
BloFin ZEN-USDT+0.0047%8h7.6570+0.200%$840K$1.9M75xas long as short
Aster ZENUSDTshort+0.0072%8h7.6573+0.204%$53K$381K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0100%8h7.6610+0.252%$4.6M$6.8M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6620+0.265%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6471+0.070%$582K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6500+0.108%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6480+0.082%$2K$1.4M20xas long as short
Hyperliquid ZEN+0.0232%1h7.6735+0.416%$2.4M$1.9M5xas long as short
Kraken Futures PF_ZENUSD+0.1898%1h7.6742+0.425%$494K$1.1M25xas long as short