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

ZEN

all ZEN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%
Price spread now: ApeX Omni against Aster+0.012%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$2082.084% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.024%−$2 on $10k
Price spread, last 4 days (all we have)+0.371%+$37 · spread now +0.012%, 7d avg +0.013%
Together, before fees+0.347%+ Points / potential airdropAster: Stage 5 · farm board+$35 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZENUSDT7.66910.0100pay 0.0100% / 8h4h 23m$53K$374K10x
ShortApeX Omni ZENUSDT7.67000.0100get 0.0013% / 1h23m 28s$27K$686K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
$0
Price spread: +0.012% → +0.013%
−$0.09
Slippage, 4 orders
−$190.36
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$208.44
Costs to cover
2.084%
Break-even
never at this rate
Slippage from Aster: live order book, 34 min ago; ApeX Omni: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 34 min ago10.53 bp25.4 bp −$25doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 35 min ago6.56 bp13.3 bp −$13105.9 bp −$1,059doesn't fitdoesn'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
dYdX ZEN-USD0.0000%1h7.6743+0.068%$9K5xas long as short
OKX ZEN-USDT-SWAP+0.0097%4h7.6690−0.001%$2.3M$5.4M50xas long as short
Aster ZENUSDTlong+0.0100%8h7.6691long leg$53K$374K10x
Binance ZENUSDT+0.0100%8h7.6655−0.047%$11.0M$30.2M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6700+0.012%$4.5M$5.9M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.6690−0.001%$11.7M$5.1M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.6700+0.012%$4.1M$4.4M50xas long as short
Bitget ZENUSDT+0.0100%8h7.6660−0.040%$2.9M$3.2M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6670−0.027%$3.1Mas long as short
Variational Omni ZEN+0.0100%8h7.6501−0.248%$55K$89Kas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6440−0.327%$574K$2.0M10xas long as short
ApeX Omni ZENUSDTshort+0.0100%1h7.6700+0.012%$27K$686K50x
SunX ZEN-USDT+0.0100%8h7.6750+0.077%$2K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.6634−0.074%$22K$144K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.6630−0.079%$819K$1.6M75xas long as short
Hyperliquid ZEN+0.0328%1h7.6916+0.294%$2.5M$1.3M5xas long as short
Kraken Futures PF_ZENUSD+0.3080%1h7.6966+0.359%$498K$1.0M25xas long as short