ZEN

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.028%

Price spread now: Variational Omni against KuCoin−0.340%7-day average −0.083% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Variational Omni

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)+0.673%+$67 · spread now −0.340%, 7d avg −0.083%

Together, before fees+0.669%+ Points / potential airdropVariational Omni: Active · farm board+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.257% cheaper against KuCoin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.083%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin ZENUSDTM	7.6820	−0.0024	get 0.0024% / 8h	1h 46m	$4.3M	$5.1M	50x
Short	Variational Omni ZEN	7.6558	−0.0068	pay 0.0068% / 8h	1h 46m	$51K	$150K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee Variational OmnibpOrdersPrice spread, now −0.340%Rate

Funding earned: −$9.16
Price spread: −0.340% → −0.083%: −$25.7
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$46.86
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 1 min ago; Variational Omni: RFQ quote, 37 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 1 min ago	3.26 bp	23.5 bp −$23	89.9 bp −$899	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 37 min ago	5.96 bp	doesn't fit	169.3 bp −$1,693	doesn't fit	doesn't fit

ZEN on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX ZEN-USDT-SWAP	−0.0088%	4h	7.6750	−0.091%	$2.3M	$5.8M	50x	as long as short
Variational Omni ZENshort	−0.0068%	8h	7.6558	−0.340%	$51K	$150K	—
KuCoin ZENUSDTMlong	−0.0024%	8h	7.6820	long leg	$4.3M	$5.1M	50x
dYdX ZEN-USD	0.0000%	1h	7.6781	−0.051%	$9K	—	5x	as long as short
MEXC ZEN_USDT	+0.0006%	8h	7.6800	−0.026%	$12.2M	$5.6M	200x	as long as short
Extended ZEN-USD	+0.0008%	1h	7.6799	−0.028%	$25K	$110K	5x	as long as short
Binance ZENUSDT	+0.0008%	8h	7.6795	−0.033%	$11.0M	$32.0M	75x	as long as short
BloFin ZEN-USDT	+0.0026%	8h	7.6640	−0.234%	$838K	$1.9M	75x	as long as short
Bitget ZENUSDT	+0.0038%	8h	7.6810	−0.013%	$2.8M	$3.5M	50x	as long as short
Aster ZENUSDT	+0.0067%	8h	7.6849	+0.037%	$53K	$381K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZENUSDT	+0.0100%	8h	7.6760	−0.078%	$4.7M	$6.7M	75x	as long as short
BingX ZEN-USDT	+0.0100%	8h	7.6820	0.000%	—	$3.4M	—	as long as short
GRVT ZEN_USDT_Perp	+0.0100%	8h	7.6547	−0.355%	$579K	$1.6M	10x	as long as short
ApeX Omni ZENUSDT	+0.0100%	1h	7.6710	−0.143%	$27K	$683K	50x	as long as short
SunX ZEN-USDT	+0.0100%	8h	7.6620	−0.260%	$1K	$1.4M	20x	as long as short
Hyperliquid ZEN	+0.0116%	1h	7.6990	+0.221%	$2.4M	$1.9M	5x	as long as short
Kraken Futures PF_ZENUSD	+0.1894%	1h	7.6899	+0.103%	$495K	$1.1M	25x	as long as short