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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment $0.58 per $10,000 · paid last 24h +0.029%
Price spread now: KuCoin against Variational Omni−0.028%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 4 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 −$2 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.63320.0100pay 0.0100% / 8h3h 45m$54K$89K
ShortKuCoin ZENUSDTM7.63100.0042get 0.0042% / 8h3h 45m$4.1M$4.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$12.18
Price spread: −0.028% → 0.000%
−$2.84
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$27.02
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 2 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 no order-book sample
Sell KuCoin live order book, 2 min ago1.31 bp41.0 bp −$4176.0 bp −$760doesn't fitdoesn't fit
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 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
dYdX ZEN-USD0.0000%1h7.6437+0.138%$9K5xas long as short
KuCoin ZENUSDTMshort+0.0042%8h7.6310−0.028%$4.1M$4.3M50x
OKX ZEN-USDT-SWAP+0.0043%4h7.6330−0.002%$2.2M$5.3M50xas long as short
Aster ZENUSDT+0.0100%8h7.6277−0.072%$48K$381K10xas long as short
Binance ZENUSDT+0.0100%8h7.6330−0.002%$10.9M$30.3M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6310−0.028%$4.5M$5.8M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.6310−0.028%$11.5M$5.0M200xas long as short
Bitget ZENUSDT+0.0100%8h7.6280−0.068%$2.8M$3.1M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6340+0.011%$3.1Mas long as short
Variational Omni ZENlong+0.0100%8h7.6332long leg$54K$89K
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6390+0.076%$574K$2.2M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6350+0.024%$26K$681K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6400+0.090%$1K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.6319−0.017%$25K$147K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.6360+0.037%$827K$1.5M75xas long as short
Hyperliquid ZEN+0.0231%1h7.6440+0.142%$2.5M$1.3M5xas long as short
Kraken Futures PF_ZENUSD+0.2343%1h7.6548+0.283%$494K$1.0M25xas long as short