Funding you earn now, next payment 22:00 UTC+0.3435%/8h= +376.1% APRpaid last 24h +0.335%
Price spread now: Variational Omni against Injective+0.051%7-day average −0.161% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.301%+$30 on $10k
+Price spread, last 3 days (all we have)−1.614%−$161 · spread now +0.051%, 7d avg −0.161%
=Together, before fees−1.313%+ Points / potential airdropVariational Omni: Active · farm board−$131 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$103 a day on $10k at the current rate, and Variational Omni is 0.212% dearer against Injective than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of −0.161%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.301% in total (about 34.2% 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 | Injective ZEC/USDC PERP | 1,454.5 | −0.3476 | get 0.0434% / 1h | 56m 57s | $34K | $275K | 12x |
| Short | Variational Omni ZEC | 1,455.2 | −0.0041 | pay 0.0041% / 8h | 2h 56m | $46.3M | $31.5M | — |
Injective ZEC/USDC PERP
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Injective. 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
- $721.27
- Price spread: +0.051% → −0.161%
- $21.24
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $742.49
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 32 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 Injective live order book, 32 min ago | 58.14 bp | 489902.9 bp −$489.9K | 4956187.5 bp −$49.56M | 49327108.0 bp −$4932.71M | 245801776.0 bp −$122900.89M |
| Sell Variational Omni RFQ quote, 2 min ago | 4.58 bp | doesn't fit | 6.6 bp −$66 | 14.3 bp −$1,429 | 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 PERPlong | −0.3476% | 1h | 1,454.5 | long leg | $34K | $275K | 12x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,450.7 | −0.259% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,449.2 | −0.362% | $17.6M | $44.8M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0059% | 8h | 1,450.1 | −0.300% | $29.1M | $76.1M | 75x | as long as short |
| Variational Omni ZECshort | −0.0041% | 8h | 1,455.2 | +0.051% | $46.3M | $31.5M | — | |
| Bybit ZECUSDT | −0.0020% | 8h | 1,451.4 | −0.211% | $268.4M | $679.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.6 | −0.197% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,450.6 | −0.270% | $848K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.6 | −0.197% | $82K | $400K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,450.1 | −0.303% | $567K | $1.3M | 25x | as long as short |
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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0005% | 8h | 1,449.6 | −0.336% | $291K | $1.5M | 20x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,449.6 | −0.334% | $5.1M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0033% | 8h | 1,451.8 | −0.186% | $172.4M | $1.37B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,452.3 | −0.151% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0042% / S +0.0061% | 1h | 1,449.5 | −0.344% | $535K | — | 100x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,455.2 | +0.045% | $4.6M | $1.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0046% | 8h | 1,450.2 | −0.297% | $15.1M | $35.3M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0049% | 1h | 1,449.9 | −0.316% | $395K | $522K | 5x | as long as short |
| Gate ZEC_USDT | +0.0054% | 8h | 1,450.6 | −0.265% | $49.1M | $184.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0092% | 8h | 1,450.3 | −0.287% | $213.1M | $876.7M | 150x | as long as short |
| Binance ZECUSDT | +0.0093% | 8h | 1,451.7 | −0.192% | $660.6M | $2.55B | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,451.4 | −0.215% | $17K | $886K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.2 | −0.226% | $177K | $2.0M | 50x | as long as short |
| Polymarket Perps ZEC-USD | +0.0097% | 1h | 1,450.9 | −0.248% | $298K | $2.1M | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.3 | −0.218% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.5 | −0.205% | $3.0M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.5 | −0.206% | $751.7M | $508.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.7 | −0.193% | $1.6M | $3.1M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454.9 | +0.027% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,449.3 | −0.359% | $102.8M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.177% | $162.7M | $317.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.5 | −0.204% | — | $108.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451.1 | −0.237% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.3 | −0.085% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.4 | −0.148% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.6 | −0.131% | $711K | $604K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.209% | $109K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,448.8 | −0.389% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,448.3 | −0.427% | $440K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452.6 | −0.131% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.6 | −0.334% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,448.9 | −0.383% | $2.4M | $25.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.5 | −0.276% | $3.7M | $5.5M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449.7 | −0.328% | $36K | $362K | 20x | as long as short |
| Lighter ZEC | +0.0128% | 1h | 1,451.6 | −0.196% | $18.8M | $53.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.4 | −0.148% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,451.5 | −0.206% | $3.7M | $11.5M | 50x | as long as short |
| Extended ZEC-USD | +0.0456% | 1h | 1,452 | −0.175% | $3.3M | $7.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0463% | 1h | 1,454.2 | −0.021% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,453.9 | −0.043% | $756K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0608% | 1h | 1,452 | −0.173% | $2.0M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Aster ZECUSDT
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
Binance ZECUSDT
Katana Perps ZEC-USD
Popdex ZECUSDT
Polymarket Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Extended ZEC-USD
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC