Funding you earn now, next payment 02:00 UTC−0.3176%/8h= −347.7% APRpaid last 24h −0.409%
Price spread now: Variational Omni against Kraken Futures−0.439%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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 −$95 a day on $10k at the current rate, and Variational Omni is 0.439% cheaper against Kraken Futures than usual: you would sell low and buy high (−$44 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZENUSD | 7.6805 | 0.3231 | pay 0.0404% / 1h | 40m 51s | $502K | $1.0M | 25x |
| Short | Variational Omni ZEN | 7.6468 | 0.0055 | get 0.0055% / 8h | 6h 40m | $51K | $85K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$666.89
- Price spread: −0.439% → 0.000%
- −$43.91
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$720.8
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 36.27 bp | 53.3 bp −$53 | doesn't fit | doesn't fit | doesn'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 17 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ZENUSDT | −0.0012% | 1h | 7.7080 | +0.358% | $26K | $688K | 50x | as long as short |
| dYdX ZEN-USD | 0.0000% | 1h | 7.6740 | −0.086% | $9K | — | 5x | as long as short |
| Variational Omni ZENshort | +0.0055% | 8h | 7.6468 | −0.439% | $51K | $85K | — | |
| Aster ZENUSDT | +0.0100% | 8h | 7.6635 | −0.222% | $55K | $383K | 10x | as long as short |
| Binance ZENUSDT | +0.0100% | 8h | 7.6550 | −0.333% | $11.1M | $31.5M | 75x | as long as short |
| Bybit ZENUSDT | +0.0100% | 8h | 7.6510 | −0.385% | $4.6M | $6.1M | 75x | as long as short |
| OKX ZEN-USDT-SWAP | +0.0100% | 4h | 7.6520 | −0.372% | $2.3M | $5.6M | 50x | as long as short |
| MEXC ZEN_USDT | +0.0100% | 8h | 7.6570 | −0.306% | $12.1M | $5.3M | 200x | as long as short |
| KuCoin ZENUSDTM | +0.0100% | 8h | 7.6600 | −0.267% | $4.4M | $4.7M | 50x | as long as short |
| Bitget ZENUSDT | +0.0100% | 8h | 7.6570 | −0.306% | $2.9M | $3.5M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ZEN-USDT | +0.0100% | 8h | 7.6610 | −0.254% | — | $3.3M | — | as long as short |
| GRVT ZEN_USDT_Perp | +0.0100% | 8h | 7.6920 | +0.149% | $573K | $1.8M | 10x | as long as short |
| SunX ZEN-USDT | +0.0100% | 8h | 7.6470 | −0.437% | $1K | $1.4M | 20x | as long as short |
| Extended ZEN-USD | +0.0104% | 1h | 7.6527 | −0.363% | $27K | $122K | 5x | as long as short |
| BloFin ZEN-USDT | +0.0220% | 8h | 7.7330 | +0.683% | $864K | $1.7M | 75x | as long as short |
| Hyperliquid ZEN | +0.0455% | 1h | 7.6743 | −0.081% | $2.4M | $1.7M | 5x | as long as short |
| Kraken Futures PF_ZENUSDlong | +0.3231% | 1h | 7.6805 | long leg | $502K | $1.0M | 25x |
Kraken Futures PF_ZENUSD
Variational Omni ZEN
ApeX Omni ZENUSDT
Aster ZENUSDT
Binance ZENUSDT
Bybit ZENUSDT
OKX ZEN-USDT-SWAP
MEXC ZEN_USDT
KuCoin ZENUSDTM
Bitget ZENUSDT
BingX ZEN-USDT
GRVT ZEN_USDT_Perp
SunX ZEN-USDT
Extended ZEN-USD
BloFin ZEN-USDT
Hyperliquid ZEN