Settings8H · net · $10k
Funding arb · Price arb /

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.012%
Price spread now: dYdX against ApeX Omni+0.207%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. dYdX is 0.207% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.207% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZENUSDT7.70600.0100pay 0.0013% / 1h30m 54s$27K$684K50x
ShortdYdX ZEN-USD7.72190get 0.0000% / 1h30m 54s$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against ApeX 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
−$21
Price spread: +0.207% → 0.000%
$20.66
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$20.34
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 18 min ago; dYdX: no order-book sample. 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 ApeX Omni live order book, 18 min ago6.55 bp14.0 bp −$14109.2 bp −$1,092doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 ZEN−0.0202%8h7.6976−0.109%$51K$250Kas long as short
OKX ZEN-USDT-SWAP−0.0042%4h7.7170+0.143%$2.3M$7.3M50xas long as short
dYdX ZEN-USDshort0.0000%1h7.7219+0.207%$9K5x
MEXC ZEN_USDT+0.0031%8h7.7240+0.234%$12.3M$6.6M200xas long as short
Binance ZENUSDT+0.0032%8h7.7216+0.202%$10.9M$35.2M75xas long as short
Extended ZEN-USD+0.0032%1h7.7203+0.185%$25K$110K5xas long as short
KuCoin ZENUSDTM+0.0042%8h7.7230+0.221%$4.4M$5.5M50xas long as short
Bitget ZENUSDT+0.0045%8h7.7190+0.169%$2.8M$4.0M50xas long as short
Aster ZENUSDT+0.0074%8h7.7219+0.206%$40K$316K10xas long as short
Bybit ZENUSDT+0.0100%8h7.7160+0.130%$4.6M$8.7M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX ZEN-USDT+0.0100%8h7.7200+0.182%$3.5Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.7170+0.143%$579K$1.5M10xas long as short
ApeX Omni ZENUSDTlong+0.0100%1h7.7060long leg$27K$684K50x
SunX ZEN-USDT+0.0100%8h7.7150+0.117%$1K$1.5M20xas long as short
BloFin ZEN-USDT+0.0127%8h7.7150+0.117%$828K$2.1M75xas long as short
Hyperliquid ZEN+0.0242%1h7.7452+0.509%$2.5M$2.5M5xas long as short
Kraken Futures PF_ZENUSD+0.1341%1h7.7332+0.353%$491K$1.2M25xas long as short