Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%
Price spread now: Variational Omni against Katana Perps+0.073%7-day average −0.035% · 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)−0.023%−$2 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.073%, 7d avg −0.035%
=Together, before fees−0.145%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.108% dearer against Katana Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Katana Perps ZEC-USD | 1,446.1 | 0.0100 | pay 0.0100% / 8h | 4h 49m | $10K | $874K | 10x |
| Short | Variational Omni ZEC | 1,447.2 | 0.0100 | get 0.0100% / 8h | 4h 49m | $47.4M | $32.8M | — |
Katana Perps ZEC-USD
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Katana Perps. 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
- $0.04
- Price spread: +0.073% → −0.035%
- $10.8
- Slippage, 4 orders
- no order book: not counted
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $7.05
- Costs to cover
- 0.038%
- Break-even
- from the start
Slippage unknown: Katana Perps: no order-book sample; Variational Omni: RFQ quote, 5 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 Katana Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 5 min ago | 2.80 bp | doesn't fit | 9.1 bp −$91 | 19.4 bp −$1,943 | doesn't fit |
Katana 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 | −0.3166% | 1h | 1,448 | +0.129% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,448.7 | +0.178% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0074% | 8h | 1,446.4 | +0.024% | $29.1M | $70.3M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447 | +0.061% | $407K | $40K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,446.9 | +0.053% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,445.8 | −0.024% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,446.3 | +0.016% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0058% | 8h | 1,446.2 | +0.006% | $289K | $958K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0064% / S −0.0015% | 1h | 1,446.2 | +0.010% | $406K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,446.3 | +0.012% | $7K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,446.2 | +0.007% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USDlong | +0.0100% | 8h | 1,446.1 | long leg | $10K | $874K | 10x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,446.4 | +0.023% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,446.2 | +0.004% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,448.5 | +0.167% | $753.4M | $434.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,446.9 | +0.054% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,446.6 | +0.033% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,447.5 | +0.096% | $663.9M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,447.3 | +0.085% | $261.2M | $602.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,448.1 | +0.141% | $176.7M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,448.7 | +0.180% | $394K | $443K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,449.4 | +0.231% | $876K | $23K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,447.3 | +0.083% | $49.8M | $172.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,447.3 | +0.084% | $214.3M | $768.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,447.2 | +0.079% | $101.9M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.3 | +0.151% | $164.4M | $273.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,446.5 | +0.030% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,447.7 | +0.113% | $2.5M | $3.8M | 15x | as long as short |
| Variational Omni ZECshort | +0.0100% | 8h | 1,447.2 | +0.073% | $47.4M | $32.8M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,449.2 | +0.218% | $564K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.8 | +0.186% | $3.0M | $424K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,447.1 | +0.067% | $405K | $916K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,448.4 | +0.158% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,446.1 | +0.001% | $364K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,447 | +0.064% | $159K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,445.2 | −0.063% | $441K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,449.1 | +0.210% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,446.5 | +0.026% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,446.2 | +0.006% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,446.4 | +0.022% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,447.4 | +0.088% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,445.7 | −0.024% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,448.9 | +0.195% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0226% | 1h | 1,446.8 | +0.050% | $607K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0279% | 1h | 1,446.3 | +0.014% | $17.9M | $44.8M | 25x | as long as short |
| Lighter ZEC | +0.0360% | 1h | 1,448.2 | +0.148% | $19.0M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,446.7 | +0.041% | $828K | $1.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,449.1 | +0.206% | $2.0M | $6.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,448.7 | +0.178% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,448.7 | +0.183% | $731K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0681% | 1h | 1,449.1 | +0.205% | $44K | $49K | 10x | as long as short |
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD