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+0.0071%/8h= +7.8% APRpaid last 24h +0.044%
Price spread now: dYdX against Variational Omni+0.241%53s7-day average · 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)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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and dYdX is 0.241% dearer against Variational Omni than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.6392−0.0071get 0.0071% / 8h2h 00m$51K$151K
ShortdYdX ZEN-USD7.65750get 0.0000% / 1h0m 56s$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$14.88
Price spread: +0.241% → 0.000%
$24.07
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
$28.95
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; dYdX: 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 Variational Omni RFQ quote, 23 min ago5.96 bpdoesn't fit156.2 bp −$1,562doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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 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−0.0108%4h7.6420+0.037%$2.3M$5.8M50xas long as short
Variational Omni ZENlong−0.0071%8h7.6392long leg$51K$151K
KuCoin ZENUSDTM−0.0018%8h7.6480+0.116%$4.3M$5.2M50xas long as short
dYdX ZEN-USDshort0.0000%1h7.6575+0.241%$9K5x
Extended ZEN-USD+0.0008%1h7.6469+0.102%$25K$110K5xas long as short
MEXC ZEN_USDT+0.0009%8h7.6460+0.090%$12.1M$6.1M200xas long as short
Binance ZENUSDT+0.0010%8h7.6460+0.090%$11.0M$32.2M75xas long as short
Bitget ZENUSDT+0.0028%8h7.6420+0.037%$2.8M$3.5M50xas long as short
BloFin ZEN-USDT+0.0041%8h7.6450+0.076%$838K$1.9M75xas long as short
Aster ZENUSDT+0.0069%8h7.6488+0.126%$53K$380K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid ZEN+0.0100%1h7.6629+0.311%$2.4M$1.9M5xas long as short
Bybit ZENUSDT+0.0100%8h7.6420+0.037%$4.6M$6.8M75xas long as short
BingX ZEN-USDT+0.0100%8h7.6430+0.050%$3.4Mas long as short
GRVT ZEN_USDT_Perp+0.0100%8h7.6389−0.003%$581K$1.6M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6440+0.063%$27K$683K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6430+0.050%$1K$1.4M20xas long as short
Kraken Futures PF_ZENUSD+0.1135%1h7.6627+0.308%$493K$1.1M25xas long as short