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−0.0095%/8h= −10.4% APRnext payment $0.95 per $10,000 · paid last 24h −0.074%
Price spread now: Variational Omni against Bitget+0.072%7-day average −0.056% · 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)−0.145%−$15 on $10k
Price spread, last 3 days (all we have)+0.277%+$28 · spread now +0.072%, 7d avg −0.056%
Together, before fees+0.132%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.128% dearer against Bitget than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of −0.056%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZENUSDT7.65600.0042pay 0.0042% / 8h1h 30m$2.8M$3.5M50x
ShortVariational Omni ZEN7.6615−0.0053pay 0.0053% / 8h1h 30m$51K$150K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$20.04
Price spread: +0.072% → −0.056%
$12.84
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$19.2
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 54 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 Bitget live order book, 2 min ago3.26 bp15.5 bp −$1529.5 bp −$295doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 54 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−0.0123%4h7.65600.000%$2.3M$5.8M50xas long as short
Variational Omni ZENshort−0.0053%8h7.6615+0.072%$51K$150K
KuCoin ZENUSDTM−0.0048%8h7.6590+0.039%$4.3M$5.0M50xas long as short
MEXC ZEN_USDT−0.0003%8h7.6600+0.052%$12.2M$5.6M200xas long as short
Binance ZENUSDT−0.0003%8h7.6620+0.078%$11.0M$31.9M75xas long as short
dYdX ZEN-USD0.0000%1h7.6855+0.385%$9K5xas long as short
Extended ZEN-USD0.0000%1h7.6595+0.046%$25K$110K5xas long as short
Bitget ZENUSDTlong+0.0042%8h7.6560long leg$2.8M$3.5M50x
Aster ZENUSDT+0.0063%8h7.6670+0.143%$53K$380K10xas long as short
BloFin ZEN-USDT+0.0073%8h7.6680+0.157%$834K$1.9M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZENUSDT+0.0098%8h7.6550−0.013%$4.7M$6.6M75xas long as short
BingX ZEN-USDT+0.0099%8h7.6550−0.013%$3.4Mas long as short
Hyperliquid ZEN+0.0100%1h7.6728+0.219%$2.4M$1.8M5xas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6790+0.300%$572K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6830+0.353%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.65600.000%$1K$1.4M20xas long as short
Kraken Futures PF_ZENUSD+0.1893%1h7.6970+0.536%$504K$1.1M25xas long as short