Funding you earn now, next payment 22:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.008%
Price spread now: Variational Omni against GMX−0.079%7-day average −0.084% · 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)+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now −0.079%, 7d avg −0.084%
=Together, before fees−0.030%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.084%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.055%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,452.8 | L +0.0037% / S +0.0066% | pay 0.0005% / 1h | 46m 41s | $543K | — | 100x |
| Short | Variational Omni ZEC | 1,451.7 | −0.0026 | pay 0.0026% / 8h | 2h 46m | $45.5M | $32.1M | — |
GMX ZEC/USD [WBTC.b-USDC]
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$13.23
- Price spread: −0.079% → −0.084%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 3 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 2.75 bp | doesn't fit | 6.2 bp −$62 | 16.1 bp −$1,609 | doesn't fit |
GMX: 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 | −0.3476% | 1h | 1,437.8 | −1.035% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.8 | +0.132% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.8 | −0.069% | $17.6M | $44.4M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,453 | +0.013% | $28.9M | $75.2M | 75x | as long as short |
| Variational Omni ZECshort | −0.0026% | 8h | 1,451.7 | −0.079% | $45.5M | $32.1M | — | |
| Bybit ZECUSDT | −0.0007% | 8h | 1,451.4 | −0.097% | $268.9M | $674.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.8 | −0.071% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.9 | +0.075% | $846K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.7 | +0.060% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,453.2 | +0.027% | $566K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow 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 | 1,453.2 | +0.026% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,452.7 | −0.012% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0037% / S +0.0066% | 1h | 1,452.8 | long leg | $543K | — | 100x | |
| OKX ZEC-USDT-SWAP | +0.0042% | 8h | 1,452 | −0.056% | $171.9M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0062% | 8h | 1,452.4 | −0.030% | $15.2M | $35.1M | 75x | as long as short |
| Gate ZEC_USDT | +0.0063% | 8h | 1,451.8 | −0.074% | $49.1M | $185.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,454.3 | +0.097% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,452.8 | −0.003% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.1 | +0.083% | $17K | $879K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,453.7 | +0.058% | $18.7M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.7 | +0.059% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.3 | +0.033% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,453.6 | +0.050% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452.7 | −0.010% | $751.3M | $494.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.1 | +0.083% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,452.6 | −0.017% | $658.6M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.145% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,452 | −0.058% | $218.4M | $882.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,451.9 | −0.067% | $103.6M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.067% | $161.8M | $315.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.6 | −0.089% | — | $107.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.2 | −0.043% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | +0.041% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,454.1 | +0.085% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.6 | −0.014% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.3 | +0.097% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.2 | +0.024% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.6 | −0.015% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.5 | −0.094% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.7 | +0.263% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.2 | −0.045% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.3 | +0.031% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.066% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,453.6 | +0.054% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.8 | −0.002% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.3 | +0.097% | $863K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0232% | 1h | 1,452.2 | −0.042% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.7 | +0.129% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0459% | 1h | 1,453.7 | +0.062% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.8 | +0.204% | $751K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0728% | 1h | 1,454.1 | +0.085% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Phoenix ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC