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

ZEN

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h +0.004%
Price spread now: OKX against Variational Omni−0.048%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 −$1 a day on $10k at the current rate, and OKX is 0.048% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 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 ZEN7.67170.0100pay 0.0100% / 8h3h 27m$55K$89K
ShortOKX ZEN-USDT-SWAP7.66800.0075get 0.0037% / 4h3h 27m$2.3M$5.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$5.25
Price spread: −0.048% → 0.000%
−$4.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$20.02
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago1.96 bp19.5 bp −$2099.6 bp −$996doesn'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%1h7.6710−0.009%$9K5xas long as short
KuCoin ZENUSDTM+0.0056%8h7.6700−0.022%$4.1M$4.3M50xas long as short
OKX ZEN-USDT-SWAPshort+0.0075%4h7.6680−0.048%$2.3M$5.3M50x
Aster ZENUSDT+0.0100%8h7.6715−0.001%$44K$385K10xas long as short
Binance ZENUSDT+0.0100%8h7.6680−0.048%$11.0M$29.8M75xas long as short
Bybit ZENUSDT+0.0100%8h7.6680−0.048%$4.5M$5.8M75xas long as short
MEXC ZEN_USDT+0.0100%8h7.6680−0.048%$11.7M$5.0M200xas long as short
Bitget ZENUSDT+0.0100%8h7.6720+0.004%$2.8M$3.0M50xas long as short
BingX ZEN-USDT+0.0100%8h7.6700−0.022%$3.1Mas long as short
Variational Omni ZENlong+0.0100%8h7.6717long leg$55K$89K
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT ZEN_USDT_Perp+0.0100%8h7.6720+0.004%$581K$2.3M10xas long as short
ApeX Omni ZENUSDT+0.0100%1h7.6760+0.057%$27K$682K50xas long as short
SunX ZEN-USDT+0.0100%8h7.6770+0.070%$2K$1.3M20xas long as short
Extended ZEN-USD+0.0104%1h7.6656−0.078%$25K$142K5xas long as short
Hyperliquid ZEN+0.0189%1h7.6836+0.156%$2.5M$1.3M5xas long as short
BloFin ZEN-USDT+0.0220%8h7.6660−0.074%$830K$1.6M75xas long as short
Kraken Futures PF_ZENUSD+0.2332%1h7.6906+0.247%$496K$1.0M25xas long as short