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+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h +0.064%
Price spread now: BingX against Variational Omni+0.362%7-day average · 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)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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.362% dearer against Variational Omni than usual: you sell high and buy low, +$36 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.68620.0093pay 0.0093% / 8h5h 44m$51K$83K
ShortBingX ZEN-USDT7.71400.0100get 0.0100% / 8h5h 44m$3.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$1.42
Price spread: +0.362% → 0.000%
$36.23
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$27.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 5 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 no order-book sample
Sell BingX live order book, 5 min ago4.56 bp17.9 bp −$1835.9 bp −$359160.9 bp −$16.1K382.6 bp −$191.3K
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%1h7.7176+0.409%$9K5xas long as short
Variational Omni ZENlong+0.0093%8h7.6862long leg$51K$83K
Aster ZENUSDT+0.0100%8h7.7194+0.433%$55K$376K10xas long as short
Binance ZENUSDT+0.0100%8h7.7165+0.395%$11.2M$30.2M75xas long as short
Bybit ZENUSDT+0.0100%8h7.7090+0.297%$4.6M$5.8M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.7110+0.323%$2.3M$5.4M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.7220+0.466%$12.0M$5.0M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.7160+0.388%$4.1M$4.6M50xas long as short
Bitget ZENUSDT+0.0100%8h7.7180+0.414%$2.9M$3.2M50xas long as short
BingX ZEN-USDTshort+0.0100%8h7.7140+0.362%$3.2M
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6823−0.050%$572K$1.8M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6840−0.028%$26K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7220+0.466%$1K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.7249+0.505%$24K$122K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.7200+0.440%$1.6M75xas long as short
Hyperliquid ZEN+0.0381%1h7.7333+0.613%$2.5M$1.4M5xas long as short
Kraken Futures PF_ZENUSD+0.3172%1h7.7461+0.779%$507K$1.0M25xas long as short