Funding you earn now, next payment 23:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.021%
Price spread now: Variational Omni against dYdX−0.306%7-day average −0.057% · 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)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.396%−$40 · spread now −0.306%, 7d avg −0.057%
=Together, before fees−0.406%+ Points / potential airdropVariational Omni: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.250% cheaper against dYdX than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEC-USD | 1,468.1 | 0 | get 0.0000% / 1h | 12m 38s | $413K | $104K | 5x |
| Short | Variational Omni ZEC | 1,463.6 | −0.0034 | pay 0.0034% / 8h | 1h 12m | $46.6M | $33.4M | — |
dYdX ZEC-USD
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. 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
- −$7.13
- Price spread: −0.306% → −0.057%
- −$24.96
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$42.09
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 6 min ago; Variational Omni: RFQ quote, 2 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 dYdX live order book, 6 min ago | 30.89 bp | 43.2 bp −$43 | 53.0 bp −$530 | 89.5 bp −$8,951 | 310.7 bp −$155.4K |
| Sell Variational Omni RFQ quote, 2 min ago | 2.76 bp | doesn't fit | 6.4 bp −$64 | 18.7 bp −$1,873 | doesn't fit |
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 | −0.3310% | 1h | 1,467.5 | −0.039% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,467.6 | −0.031% | $17.8M | $44.5M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0246% | 1h | 1,464.9 | −0.217% | $397K | $515K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,467.8 | −0.020% | $29.3M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.6 | −0.035% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0071% | 8h | 1,467.2 | −0.062% | $271.5M | $666.0M | 75x | as long as short |
| Variational Omni ZECshort | −0.0034% | 8h | 1,463.6 | −0.306% | $46.6M | $33.4M | — | |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,468.1 | long leg | $413K | $104K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,467.7 | −0.026% | $889K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.1 | −0.134% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
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 | 1,467.8 | −0.019% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,467.6 | −0.032% | $293K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0037% / S +0.0009% | 1h | 1,467.5 | −0.038% | $356K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0042% | 8h | 1,467.7 | −0.024% | $177.3M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0043% | 8h | 1,467.4 | −0.047% | $49.9M | $186.9M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,468.5 | +0.025% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,465.1 | −0.204% | $4.6M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0079% | 1h | 1,463.2 | −0.336% | $429K | $824K | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.9 | −0.010% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,468.5 | +0.027% | $14K | $824K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467 | −0.074% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.9 | −0.015% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.8 | +0.048% | $762.0M | $479.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.6 | −0.031% | $15.6M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.9 | −0.011% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.9 | −0.013% | $677.1M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,463.9 | −0.283% | $903K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.4 | −0.046% | $223.0M | $869.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.1 | −0.003% | $103.7M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.039% | $162.8M | $303.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.7 | −0.027% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,464 | −0.280% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,464.3 | −0.258% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467.2 | −0.063% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466 | −0.142% | $345K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.7 | −0.096% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.1 | −0.135% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.1 | +0.136% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.8 | −0.020% | $223K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.074% | $2.5M | $23.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.027% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.7 | −0.026% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,468 | −0.008% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,468.8 | +0.051% | $19.0M | $52.7M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0137% | 1h | 1,468.6 | +0.035% | $598K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0178% | 1h | 1,468.8 | +0.048% | $2.4M | $3.7M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,468.4 | +0.023% | $843K | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,469.8 | +0.116% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,468.1 | +0.002% | $3.7M | $11.4M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,468.9 | +0.053% | $723K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0584% | 1h | 1,466.9 | −0.083% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
ApeX Omni ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD