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+0.0052%/8h= +5.7% APRnext payment +$0.52 per $10,000 · paid last 24h +0.060%
Price spread now: Binance against Variational Omni+0.150%7-day average +0.078% · 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)+0.136%+$14 on $10k
Price spread, last 3 days (all we have)−0.458%−$46 · spread now +0.150%, 7d avg +0.078%
Together, before fees−0.321%+ Points / potential airdropVariational Omni: Active · farm board−$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.071% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.078%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6615−0.0053get 0.0053% / 8h1h 27m$51K$150K
ShortBinance ZENUSDT7.6730−0.0001pay 0.0001% / 8h1h 27m$11.1M$31.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Variational 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
$10.93
Price spread: +0.150% → +0.078%
$7.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$8.07
Costs to cover
0.100%
Break-even
1.8 days
Slippage unknown: Variational Omni: RFQ quote, 56 min ago; Binance: live order book, 14 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 Variational Omni RFQ quote, 56 min ago5.96 bpdoesn't fit156.2 bp −$1,562doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.30 bp13.7 bp −$1430.1 bp −$301255.9 bp −$25.6Kdoesn'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−0.0116%4h7.6680+0.084%$2.3M$5.8M50xas long as short
Variational Omni ZENlong−0.0053%8h7.6615long leg$51K$150K
KuCoin ZENUSDTM−0.0047%8h7.6790+0.228%$4.3M$5.0M50xas long as short
MEXC ZEN_USDT−0.0003%8h7.6740+0.163%$12.2M$5.6M200xas long as short
Binance ZENUSDTshort−0.0001%8h7.6730+0.150%$11.1M$31.8M75x
dYdX ZEN-USD0.0000%1h7.6890+0.358%$9K5xas long as short
Extended ZEN-USD0.0000%1h7.6715+0.131%$25K$110K5xas long as short
Bitget ZENUSDT+0.0041%8h7.6820+0.267%$2.8M$3.5M50xas long as short
Aster ZENUSDT+0.0063%8h7.6820+0.267%$53K$380K10xas long as short
Bybit ZENUSDT+0.0096%8h7.6750+0.176%$4.7M$6.6M75xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZEN+0.0100%1h7.6897+0.368%$2.4M$1.8M5xas long as short
BingX ZEN-USDT+0.0100%8h7.6780+0.215%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6603−0.016%$579K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6830+0.280%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6840+0.293%$1K$1.4M20xas long as short
BloFin ZEN-USDT+0.0113%8h7.6710+0.123%$840K$1.9M75xas long as short
Kraken Futures PF_ZENUSD+0.1891%1h7.7038+0.551%$504K$1.1M25xas long as short