Funding you earn now, next payment 01:00 UTC−0.0208%/8h= −22.8% APRpaid last 24h +0.013%
Price spread now: Ondo Perps against Bybit−0.220%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.220%, 7d avg −0.038%
=Together, before fees+0.234%+ Points / potential airdropOndo Perps: Active · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.181% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,466.5 | 0.0090 | pay 0.0090% / 8h | 7h 13m | $273.0M | $631.9M | 75x |
| Short | Ondo Perps ZEC-USD.P | 1,463.3 | −0.0118 | pay 0.0015% / 1h | 13m 40s | $398K | $516K | 5x |
Bybit ZECUSDT
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- −$43.7
- Price spread: −0.220% → −0.038%
- −$18.13
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$77.83
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Ondo Perps: 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 Bybit live order book, 5 min ago | 0.03 bp | 6.5 bp −$6 | 8.4 bp −$84 | 16.7 bp −$1,675 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.
ZEC on 51 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 | −0.3321% | 1h | 1,465.9 | −0.040% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470.2 | +0.252% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.Pshort | −0.0118% | 1h | 1,463.3 | −0.220% | $398K | $516K | 5x | |
| BloFin ZEC-USDT | −0.0114% | 8h | 1,467.7 | +0.079% | $29.7M | $72.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.1 | +0.110% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0030% | 8h | 1,464.9 | −0.108% | $47.5M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.9 | +0.091% | $413K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,468.9 | +0.164% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469 | +0.168% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.7 | +0.151% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.4 | +0.194% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0019% | 8h | 1,469.6 | +0.209% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,465.8 | −0.050% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.4 | +0.200% | $378K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0060% | 8h | 1,466.9 | +0.023% | $181.3M | $1.29B | 50x | as long as short |
| Bybit ZECUSDTlong | +0.0090% | 8h | 1,466.5 | long leg | $273.0M | $631.9M | 75x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.4 | +0.128% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468 | +0.098% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.8 | +0.022% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.6 | +0.144% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.6 | +0.142% | $762.5M | $453.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.9 | +0.094% | $14.9M | $31.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.2 | +0.045% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.7 | +0.013% | $682.5M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,468.8 | +0.157% | $699K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.044% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467.2 | +0.045% | $50.1M | $181.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467 | +0.034% | $227.9M | $829.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.3 | +0.052% | $104.1M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.7 | +0.014% | $163.1M | $291.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.2 | +0.047% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,464.1 | −0.167% | $570K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.9 | −0.045% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463.4 | −0.216% | $426K | $874K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.3 | −0.083% | $80K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.6 | +0.142% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469 | +0.169% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.9 | +0.094% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.287% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.222% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | +0.169% | $2.5M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.222% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.9 | +0.026% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.6 | +0.207% | $55K | $164K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,469.2 | +0.180% | $853K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,468.3 | +0.121% | $19.1M | $50.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0415% | 1h | 1,470.5 | +0.270% | $605K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,471.9 | +0.364% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0516% | 1h | 1,470.5 | +0.274% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,469.3 | +0.188% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0765% | 1h | 1,468.2 | +0.112% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
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
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
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
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD