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+0.0155%/8h= +17.0% APRnext payment +$1.55 per $10,000 · paid last 24h +0.028%
Price spread now: KuCoin against Variational Omni−0.134%7-day average +0.084% · 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)+0.003%$0 on $10k
Price spread, last 3 days (all we have)−0.216%−$22 · spread now −0.134%, 7d avg +0.084%
Together, before fees−0.213%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.218% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.084%). If the spread goes back, that is −$22 on $10k: about 4.7 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.003% in total) that is about 7 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6562−0.0131get 0.0131% / 8h2h 32m$51K$219K
ShortKuCoin ZENUSDTM7.64600.0024get 0.0024% / 8h2h 32m$4.3M$5.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$32.61
Price spread: −0.134% → +0.084%
−$21.76
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1.15
Costs to cover
0.120%
Break-even
7.2 days
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; KuCoin: live order book, 1 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, 57 min ago5.95 bpdoesn't fit146.9 bp −$1,469doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago4.58 bp36.3 bp −$3679.3 bp −$793doesn'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
Variational Omni ZENlong−0.0131%8h7.6562long leg$51K$219K
OKX ZEN-USDT-SWAP−0.0051%4h7.6410−0.199%$2.3M$6.0M50xas long as short
dYdX ZEN-USD0.0000%1h7.6531−0.041%$9K5xas long as short
Binance ZENUSDT+0.0021%8h7.6452−0.144%$11.0M$32.7M75xas long as short
MEXC ZEN_USDT+0.0021%8h7.6450−0.147%$12.0M$6.1M200xas long as short
Extended ZEN-USD+0.0024%1h7.6440−0.159%$25K$110K5xas long as short
KuCoin ZENUSDTMshort+0.0024%8h7.6460−0.134%$4.3M$5.2M50x
Bitget ZENUSDT+0.0036%8h7.6390−0.225%$2.8M$3.5M50xas long as short
Aster ZENUSDT+0.0069%8h7.6419−0.187%$54K$381K10xas long as short
BloFin ZEN-USDT+0.0085%8h7.6430−0.173%$834K$1.9M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZEN+0.0100%1h7.6571+0.011%$2.4M$1.9M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6410−0.199%$4.6M$7.1M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6450−0.147%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6497−0.086%$582K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6670+0.141%$27K$682K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6530−0.042%$2K$1.5M20xas long as short
Kraken Futures PF_ZENUSD+0.1136%1h7.6583+0.027%$493K$1.1M25xas long as short