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+0.0070%/8h= +7.7% APRnext payment +$0.70 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against Variational Omni+0.179%7-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 Binance is 0.179% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ZEN7.79820.0030pay 0.0030% / 8h7h 09m$52K$85K
ShortBinance ZENUSDT7.81220.0100get 0.0100% / 8h7h 09m$11.4M$31.3M75x

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
$14.75
Price spread: +0.179% → 0.000%
$17.94
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$22.68
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: 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 Binance live order book, 2 min ago1.28 bp13.8 bp −$1437.1 bp −$371242.2 bp −$24.2Kdoesn'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%1h7.8142+0.206%$9K5xas long as short
Variational Omni ZENlong+0.0030%8h7.7982long leg$52K$85K
Aster ZENUSDT+0.0100%8h7.8122+0.180%$53K$379K10xas long as short
Binance ZENUSDTshort+0.0100%8h7.8122+0.179%$11.4M$31.3M75x
Bybit ZENUSDT+0.0100%8h7.8060+0.100%$4.7M$6.1M75xas long as short
OKX ZEN-USDT-SWAP+0.0100%4h7.8050+0.087%$2.3M$5.7M50xas long as short
MEXC ZEN_USDT+0.0100%8h7.8130+0.190%$12.5M$5.3M200xas long as short
KuCoin ZENUSDTM+0.0100%8h7.8160+0.228%$4.5M$4.8M50xas long as short
Bitget ZENUSDT+0.0100%8h7.8090+0.138%$2.9M$3.4M50xas long as short
BingX ZEN-USDT+0.0100%8h7.8080+0.125%$3.3Mas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.8089+0.137%$590K$1.7M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.8090+0.138%$27K$688K50xas long as short
SunX ZEN-USDT+0.0100%8h7.8040+0.074%$2K$1.4M20xas long as short
Extended ZEN-USD+0.0104%1h7.8121+0.178%$22K$121K5xas long as short
BloFin ZEN-USDT+0.0220%8h7.8220+0.305%$849K$1.8M75xas long as short
Hyperliquid ZEN+0.0367%1h7.8339+0.458%$2.5M$1.7M5xas long as short
Kraken Futures PF_ZENUSD+0.2962%1h7.8348+0.469%$513K$1.0M25xas long as short