Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.4% APRnext payment −$0.67 per $10,000 · paid last 24h −0.013%
Price spread now: Variational Omni against Bitget−0.088%7-day average −0.031% · 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)+0.042%+$4 on $10k
+Price spread, last 7 days+0.054%+$5 · spread now −0.088%, 7d avg −0.031%
=Together, before fees+0.096%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.057% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZECUSDT | 1,471.7 | 0.0100 | pay 0.0100% / 8h | 6h 33m | $163.4M | $285.7M | 75x |
| Short | Variational Omni ZEC | 1,470.4 | 0.0033 | get 0.0033% / 8h | 6h 33m | $47.9M | $33.3M | — |
Bitget ZECUSDT
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$14.14
- Price spread: −0.088% → −0.031%
- −$5.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.85
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Bitget live order book, 6 min ago | 0.24 bp | 7.1 bp −$7 | 12.1 bp −$121 | 19.7 bp −$1,967 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.75 bp | doesn't fit | 6.8 bp −$68 | 14.8 bp −$1,478 | doesn't fit |
ZEC on 50 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.3678% | 1h | 1,471.3 | −0.029% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.1 | +0.026% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0041% | 1h | 1,469.9 | −0.124% | $399K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,472 | +0.022% | $18.0M | $43.6M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | −0.050% | $414K | $56K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.1 | −0.042% | $972K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.5 | −0.016% | $84K | $258K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471.1 | −0.039% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,471.2 | −0.036% | $294K | $1.1M | 20x | as long as short |
| Variational Omni ZECshort | +0.0033% | 8h | 1,470.4 | −0.088% | $47.9M | $33.3M | — |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,471 | −0.049% | $384K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,472.4 | +0.048% | $8K | $9K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,471.2 | −0.035% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0092% | 8h | 1,471.8 | +0.002% | $181.1M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.6 | −0.009% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.3 | −0.026% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.7 | −0.001% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.2 | −0.034% | $2.5M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.8 | +0.005% | $765.8M | $443.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.001% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.9 | +0.014% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,472.2 | +0.034% | $680.0M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,471.6 | −0.011% | $271.5M | $627.6M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.084% | $893K | $19K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471.7 | −0.003% | $50.0M | $175.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.9 | +0.014% | $215.9M | $797.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.5 | −0.016% | $103.5M | $56.2M | 75x | as long as short |
| Bitget ZECUSDTlong | +0.0100% | 8h | 1,471.7 | long leg | $163.4M | $285.7M | 75x | |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471.7 | −0.005% | — | $100.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.3 | −0.032% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.3 | +0.039% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470.9 | −0.059% | $427K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.010% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471 | −0.049% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.043% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.5 | −0.148% | $457K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.3 | +0.105% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.7 | −0.003% | $242K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471 | −0.049% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.5 | +0.053% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.4 | −0.019% | $3.1M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.9 | −0.056% | $48K | $167K | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,473 | +0.089% | $687K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,473 | +0.085% | $19.2M | $48.0M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0271% | 1h | 1,471.9 | +0.015% | $605K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,473.4 | +0.113% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,472.4 | +0.047% | $864K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,473.8 | +0.142% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0511% | 1h | 1,472.8 | +0.074% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0733% | 1h | 1,471.7 | −0.004% | $44K | $46K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Arcus ZEC-USD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD