Funding you earn now, next payment 00:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.65 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Gate−0.049%7-day average −0.029% · 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)+0.035%+$3 on $10k
+Price spread, last 7 days+0.035%+$3 · spread now −0.049%, 7d avg −0.029%
=Together, before fees+0.069%+ Points / potential airdropVariational Omni: Active · farm board+$7 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 0.020% cheaper against Gate than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.029%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,456.3 | 0.0073 | pay 0.0073% / 8h | 2h 16m | $49.4M | $190.6M | 75x |
| Short | Variational Omni ZEC | 1,455.6 | 0.0008 | get 0.0008% / 8h | 2h 16m | $45.8M | $33.2M | — |
Gate ZEC_USDT
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$13.69
- Price spread: −0.049% → −0.029%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago | 0.03 bp | 12.5 bp −$13 | 19.2 bp −$192 | 30.2 bp −$3,017 | 56.7 bp −$28.4K |
| Sell Variational Omni RFQ quote, 2 min ago | 2.78 bp | doesn't fit | 6.5 bp −$65 | 12.8 bp −$1,280 | 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 | −0.3476% | 1h | 1,433.1 | −1.590% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,455.9 | −0.030% | $28.7M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455 | −0.092% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,456.9 | +0.044% | $17.7M | $44.6M | 25x | as long as short |
| Bybit ZECUSDT | −0.0003% | 8h | 1,456.1 | −0.014% | $268.4M | $677.3M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.5 | −0.122% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.9 | −0.030% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,455 | −0.090% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,456.5 | +0.010% | $593K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,455.9 | −0.025% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZECshort | +0.0008% | 8h | 1,455.6 | −0.049% | $45.8M | $33.2M | — | |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,455.6 | −0.047% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0020% / S +0.0071% | 1h | 1,455.9 | −0.030% | $556K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,455.7 | −0.038% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,457.2 | +0.059% | $173.9M | $1.36B | 50x | as long as short |
| Gate ZEC_USDTlong | +0.0073% | 8h | 1,456.3 | long leg | $49.4M | $190.6M | 75x | |
| Ondo Perps ZEC-USD.P | +0.0079% | 1h | 1,452.8 | −0.240% | $395K | $520K | 5x | as long as short |
| Aster ZECUSDT | +0.0094% | 8h | 1,456.4 | +0.010% | $15.3M | $34.4M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,455.6 | −0.046% | $13K | $872K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.4 | +0.144% | $18.8M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,455.4 | −0.063% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.8 | −0.104% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.4 | −0.063% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.4 | +0.076% | $753.5M | $494.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.2 | −0.076% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.8 | +0.031% | $664.5M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.7 | +0.027% | $216.9M | $897.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.5 | +0.010% | $103.0M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457 | +0.048% | $161.3M | $313.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,455.7 | −0.043% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.2 | +0.065% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.9 | +0.042% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.7 | +0.029% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457 | +0.047% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.3 | +0.001% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,455.6 | −0.048% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,455.7 | −0.041% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,454.5 | −0.126% | $442K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.7 | +0.093% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,456.3 | +0.002% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456.6 | +0.022% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.7 | +0.025% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.090% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,457.5 | +0.082% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.1 | +0.053% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,455.8 | −0.033% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,455.9 | −0.025% | $861K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,457.8 | +0.101% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0456% | 1h | 1,456.7 | +0.027% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,457 | +0.045% | $749K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0632% | 1h | 1,458.9 | +0.180% | $1.9M | $8.5M | 10x | as long as short |
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC