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+0.0116%/8h= +12.7% APRnext payment +$1.16 per $10,000 · paid last 24h +0.060%
Price spread now: Binance against Variational Omni+0.007%7-day average +0.079% · 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)+0.136%+$14 on $10k
Price spread, last 3 days (all we have)−0.348%−$35 · spread now +0.007%, 7d avg +0.079%
Together, before fees−0.211%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.073% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.079%). If the spread goes back, that is −$7 on $10k: about 2.1 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6851−0.0086get 0.0086% / 8h2h 16m$51K$154K
ShortBinance ZENUSDT7.68560.0030get 0.0030% / 8h2h 16m$11.0M$32.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$24.38
Price spread: +0.007% → +0.079%
−$7.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$7.11
Costs to cover
0.100%
Break-even
5.0 days
Slippage unknown: Variational Omni: RFQ quote, 8 min ago; Binance: live order book, 10 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, 8 min ago5.96 bpdoesn't fit156.2 bp −$1,562doesn't fitdoesn't fit
Sell Binance live order book, 10 min ago0.65 bp9.8 bp −$1035.4 bp −$354223.8 bp −$22.4Kdoesn'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
Variational Omni ZENlong−0.0086%8h7.6851long leg$51K$154K
OKX ZEN-USDT-SWAP−0.0023%4h7.6770−0.105%$2.3M$5.9M50xas long as short
dYdX ZEN-USD0.0000%1h7.7006+0.202%$9K5xas long as short
MEXC ZEN_USDT+0.0030%8h7.6870+0.025%$12.2M$6.1M200xas long as short
Binance ZENUSDTshort+0.0030%8h7.6856+0.007%$11.0M$32.3M75x
Extended ZEN-USD+0.0032%1h7.6872+0.027%$25K$110K5xas long as short
KuCoin ZENUSDTM+0.0044%8h7.6920+0.090%$4.3M$5.2M50xas long as short
Bitget ZENUSDT+0.0048%8h7.6900+0.064%$2.8M$3.5M50xas long as short
Aster ZENUSDT+0.0082%8h7.6854+0.004%$54K$381K10xas long as short
Hyperliquid ZEN+0.0100%1h7.7011+0.208%$2.4M$1.9M5xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0100%8h7.6820−0.040%$4.6M$6.9M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6880+0.038%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6807−0.057%$585K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6850−0.001%$27K$681K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6910+0.077%$2K$1.4M20xas long as short
BloFin ZEN-USDT+0.0121%8h7.6860+0.012%$833K$1.9M75xas long as short
Kraken Futures PF_ZENUSD+0.1128%1h7.7160+0.403%$496K$1.1M25xas long as short