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+0.0097%/8h= +10.6% APRnext payment +$0.97 per $10,000 · paid last 24h +0.029%
Price spread now: Bybit against Variational Omni+0.054%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
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.054% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.7538−0.0001get 0.0001% / 8h7h 43m$52K$85K
ShortBybit ZENUSDT7.75800.0097get 0.0097% / 8h7h 43m$4.6M$6.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$20.4
Price spread: +0.054% → 0.000%
$5.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$14.82
Costs to cover
0.110%
Break-even
1.9 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago1.94 bp38.1 bp −$38168.6 bp −$1,686doesn't fitdoesn't fit
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
Variational Omni ZENlong−0.0001%8h7.7538long leg$52K$85K
dYdX ZEN-USD0.0000%1h7.7669+0.169%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0053%4h7.7600+0.080%$2.3M$5.7M50xas long as short
KuCoin ZENUSDTM+0.0071%8h7.7600+0.080%$4.4M$4.9M50xas long as short
Extended ZEN-USD+0.0088%1h7.7492−0.060%$24K$119K5xas long as short
MEXC ZEN_USDT+0.0088%8h7.7600+0.080%$12.5M$5.3M200xas long as short
Binance ZENUSDT+0.0090%8h7.7620+0.106%$11.2M$31.4M75xas long as short
Bybit ZENUSDTshort+0.0097%8h7.7580+0.054%$4.6M$6.2M75x
Hyperliquid ZEN+0.0100%1h7.7678+0.181%$2.4M$1.8M5xas long as short
Aster ZENUSDT+0.0100%8h7.7570+0.042%$52K$378K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ZENUSDT+0.0100%8h7.7490−0.062%$2.8M$3.4M50xas long as short
BingX ZEN-USDT+0.0100%8h7.7630+0.119%$3.3Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7601+0.081%$585K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.7550+0.016%$26K$686K50xas long as short
SunX ZEN-USDT+0.0100%8h7.7520−0.023%$1K$1.4M20xas long as short
BloFin ZEN-USDT+0.0209%8h7.7620+0.106%$848K$1.8M75xas long as short
Kraken Futures PF_ZENUSD+0.2980%1h7.7856+0.411%$509K$1.0M25xas long as short