Funding you earn now, next payment 09:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.12 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against gTrade (Gains Network)−0.099%45s7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)−0.653%−$65 · spread now −0.099%, 7d avg −0.066%
=Together, before fees−0.586%+ Points / potential airdropOndo Perps: Active · farm board−$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.033% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of −0.066%). If the spread goes back, that is −$3 on $10k: about 29 hours of funding at the current rate (+$3 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,518.3 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 50m 22s | $5.4M | — | 150x |
| Short | Ondo Perps ZEC-USD.P | 1,516.8 | 0.0100 | get 0.0013% / 1h | 50m 22s | $413K | $548K | 5x |
gTrade (Gains Network) ZEC/USD
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against gTrade (Gains Network). 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
- $19.56
- Price spread: −0.099% → −0.066%
- −$3.32
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $1.24
- Costs to cover
- 0.150%
- Break-even
- 6.6 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 4 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 gTrade (Gains Network) virtual book (oracle venue), 4 min ago | 130.04 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | 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 | −0.3702% | 1h | 1,494.3 | −1.580% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0463% | 1h | 1,515.3 | −0.200% | $779K | $147K | 10x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,518.3 | −0.003% | $62K | $305K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.0275% | 1h | 1,515.6 | −0.180% | $416K | $951K | 50x | as long as short |
| BloFin ZEC-USDT | −0.0148% | 8h | 1,518.3 | −0.001% | $31.8M | $77.2M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0125% | 1h | 1,515 | −0.215% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,517.4 | −0.063% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,517.8 | −0.035% | $422K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,517.7 | −0.038% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,518.3 | long leg | $5.4M | — | 150x |
Injective ZEC/USDC PERP
Bulk ZEC-USD
Perpl ZEC
ApeX Omni ZECUSDT
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,518.9 | +0.040% | $18.4M | $47.8M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,518.6 | +0.018% | $8K | $6K | 5x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,514.7 | −0.240% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,517.1 | −0.080% | $306K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,520.3 | +0.134% | $19.7M | $44.4M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,520.6 | +0.149% | $2.1M | $7.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,518.5 | +0.013% | $173K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,518.3 | −0.002% | $63K | $19K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,517.8 | −0.030% | $16K | $900K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,518.7 | +0.029% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,519.3 | +0.066% | $795.7M | $448.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,517.7 | −0.042% | $14.2M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,519 | +0.043% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,518.3 | −0.001% | $717.6M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,517.2 | −0.072% | $273.6M | $628.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,517.3 | −0.069% | $184.0M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.Pshort | +0.0100% | 1h | 1,516.8 | −0.099% | $413K | $548K | 5x | |
| Arcus ZEC-USD | +0.0100% | 1h | 1,518.7 | +0.027% | $596K | $9.0M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,518.1 | −0.014% | $60.3M | $183.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,516.6 | −0.112% | $414.0M | $827.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,518.8 | +0.036% | $103.7M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,518.8 | +0.032% | $164.2M | $294.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,518.2 | −0.005% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,517.7 | −0.039% | $50.1M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,514 | −0.282% | $565K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,516.8 | −0.097% | $3.1M | $519K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,518.4 | +0.003% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,519 | +0.046% | $377K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,517.9 | −0.026% | $170K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,512.3 | −0.394% | $452K | $408K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,520.3 | +0.130% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,518.4 | +0.003% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,517.1 | −0.080% | $2.7M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,518.3 | 0.000% | $4.1M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,518.2 | −0.010% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,517.2 | −0.072% | $43K | $150K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0154% / S −0.0155% | 1h | 1,518.4 | +0.006% | $337K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,518.3 | +0.002% | $968K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0219% | 1h | 1,519.6 | +0.088% | $694K | $1.4M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,518.7 | +0.024% | $3.7M | $9.9M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0539% | 1h | 1,518.1 | −0.013% | $2.4M | $3.8M | 15x | as long as short |
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP