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

ZEN

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.21 per $10,000 · paid last 24h −0.064%
Price spread now: Variational Omni against SunX−0.114%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.114% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEN-USDT7.82200.0100pay 0.0100% / 8h6h 20m$1K$1.4M20x
ShortVariational Omni ZEN7.81310.0079get 0.0079% / 8h6h 20m$52K$85K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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
−$4.37
Price spread: −0.114% → 0.000%
−$11.44
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$23.8
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Variational Omni: 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 SunX live order book, 4 min ago500.87 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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 16 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
dYdX ZEN-USD0.0000%1h7.8147−0.093%$9K5xas long as short
Variational Omni ZENshort+0.0079%8h7.8131−0.114%$52K$85K
Aster ZENUSDT+0.0100%8h7.8154−0.085%$56K$383K10xas long as short
Binance ZENUSDT+0.0100%8h7.8186−0.044%$11.3M$31.0M75xas long as short
Bybit ZENUSDT+0.0100%8h7.8130−0.115%$4.6M$6.0M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.8120−0.128%$2.4M$5.6M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.8160−0.077%$12.3M$5.4M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.8180−0.051%$4.4M$4.6M50xas long as short
Bitget ZENUSDT+0.0100%8h7.8160−0.077%$3.0M$3.5M50xas long as short
BingX ZEN-USDT+0.0100%8h7.8170−0.064%$3.2Mas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.8290+0.089%$583K$1.8M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.82200.000%$27K$681K50xas long as short
SunX ZEN-USDTlong+0.0100%8h7.8220long leg$1K$1.4M20x
Extended ZEN-USD+0.0104%1h7.8164−0.071%$28K$120K5xas long as short
Hyperliquid ZEN+0.0440%1h7.8366+0.187%$2.5M$1.6M5xas long as short
Kraken Futures PF_ZENUSD+0.3165%1h7.8416+0.250%$513K$1.0M25xas long as short