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+0.0242%/8h= +26.5% APRnext payment +$2.42 per $10,000 · paid last 24h +0.074%
Price spread now: SunX against Variational Omni+0.196%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)+0.151%+$15 on $10k
Price spread, last 3 days (all we have)−0.246%−$25 · spread now +0.196%, 7d avg +0.098%
Together, before fees−0.096%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SunX is 0.098% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.098%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6510−0.0142get 0.0142% / 8h2h 38m$51K$219K
ShortSunX ZEN-USDT7.66600.0100get 0.0100% / 8h2h 38m$2K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$50.89
Price spread: +0.196% → +0.098%
$9.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
$52.66
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 51 min ago; SunX: live order book, 7 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, 51 min ago5.95 bpdoesn't fit146.9 bp −$1,469doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago500.36 bpdoesn't fitdoesn'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
Variational Omni ZENlong−0.0142%8h7.6510long leg$51K$219K
OKX ZEN-USDT-SWAP−0.0055%4h7.6630+0.156%$2.3M$6.1M50xas long as short
dYdX ZEN-USD0.0000%1h7.6511+0.001%$9K5xas long as short
Extended ZEN-USD+0.0016%1h7.6636+0.164%$25K$110K5xas long as short
MEXC ZEN_USDT+0.0016%8h7.6620+0.143%$12.1M$6.1M200xas long as short
Binance ZENUSDT+0.0017%8h7.6646+0.177%$11.0M$32.8M75xas long as short
KuCoin ZENUSDTM+0.0017%8h7.6600+0.117%$4.3M$5.2M50xas long as short
Bitget ZENUSDT+0.0036%8h7.6620+0.143%$2.8M$3.5M50xas long as short
Aster ZENUSDT+0.0063%8h7.6520+0.012%$54K$381K10xas long as short
BloFin ZEN-USDT+0.0064%8h7.6450−0.079%$835K$1.9M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0097%8h7.6560+0.065%$3.4Mas long as short
Hyperliquid ZEN+0.0100%1h7.6807+0.388%$2.4M$1.9M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6640+0.169%$4.6M$7.1M75xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6526+0.020%$582K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6530+0.026%$27K$682K50xas long as short
SunX ZEN-USDTshort+0.0100%8h7.6660+0.196%$2K$1.5M20x
Kraken Futures PF_ZENUSD+0.1132%1h7.6848+0.441%$494K$1.1M25xas long as short