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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h −0.056%
Price spread now: Variational Omni against ApeX Omni−0.063%58s7-day average −0.110% · 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)−0.123%−$12 on $10k
Price spread, last 3 days (all we have)−0.038%−$4 · spread now −0.063%, 7d avg −0.110%
Together, before fees−0.161%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.047% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.063% now, against its 7-day average of −0.110%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ZENUSDT7.64400.0100pay 0.0013% / 1h0m 32s$27K$683K50x
ShortVariational Omni ZEN7.6392−0.0071pay 0.0071% / 8h2h 00m$51K$151K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$35.88
Price spread: −0.063% → −0.110%
$4.66
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$41.22
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 23 min ago; Variational Omni: RFQ quote, 23 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 ApeX Omni live order book, 23 min ago6.52 bp15.1 bp −$15121.4 bp −$1,214doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 23 min ago5.96 bpdoesn't fit169.3 bp −$1,693doesn'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
OKX ZEN-USDT-SWAP−0.0104%4h7.6430−0.013%$2.3M$5.8M50xas long as short
Variational Omni ZENshort−0.0071%8h7.6392−0.063%$51K$151K
KuCoin ZENUSDTM−0.0021%8h7.6480+0.052%$4.3M$5.2M50xas long as short
dYdX ZEN-USD0.0000%1h7.6506+0.087%$9K5xas long as short
Extended ZEN-USD+0.0008%1h7.6441+0.002%$25K$110K5xas long as short
Binance ZENUSDT+0.0010%8h7.6500+0.078%$11.0M$32.2M75xas long as short
MEXC ZEN_USDT+0.0010%8h7.6450+0.013%$12.1M$6.1M200xas long as short
Bitget ZENUSDT+0.0028%8h7.6410−0.039%$2.8M$3.5M50xas long as short
BloFin ZEN-USDT+0.0041%8h7.6450+0.013%$838K$1.9M75xas long as short
Aster ZENUSDT+0.0070%8h7.6460+0.026%$53K$380K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZEN+0.0100%1h7.6633+0.252%$2.4M$1.9M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6410−0.039%$4.6M$6.8M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6400−0.052%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6389−0.067%$581K$1.6M10xas long as short
ApeX Omni ZENUSDTlong+0.0100%1h7.6440long leg$27K$683K50x
SunX ZEN-USDT+0.0100%8h7.6430−0.013%$1K$1.4M20xas long as short
Kraken Futures PF_ZENUSD+0.1135%1h7.6627+0.245%$493K$1.1M25xas long as short