Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.031%
Price spread now: Ondo Perps against Kraken Futures−0.316%7-day average −0.082% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.399%+$40 on $10k
+Price spread, last 4 days (all we have)−1.089%−$109 · spread now −0.316%, 7d avg −0.082%
=Together, before fees−0.690%+ Points / potential airdropOndo Perps: Active · farm board−$69 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Ondo Perps is 0.234% cheaper against Kraken Futures than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.082%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.399%, 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 | Kraken Futures PF_ZECUSD | 1,457 | 0.0196 | pay 0.0024% / 1h | 31m 03s | $18.0M | $44.7M | 25x |
| Short | Ondo Perps ZEC-USD.P | 1,452.4 | 0.0100 | get 0.0013% / 1h | 31m 03s | $396K | $432K | 5x |
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Kraken Futures. 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
- −$20.06
- Price spread: −0.316% → −0.082%
- −$23.4
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$58.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago | 2.62 bp | 11.3 bp −$11 | 13.9 bp −$139 | 23.8 bp −$2,381 | 105.4 bp −$52.7K |
| 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 | −0.3244% | 1h | 1,438.9 | −1.240% | $33K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0081% | 8h | 1,456.9 | −0.010% | $29.3M | $71.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,453.5 | −0.243% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,452.7 | −0.295% | $409K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455 | −0.136% | $1.4M | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.3 | −0.187% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.9 | −0.147% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0043% | 8h | 1,456.9 | −0.010% | $291K | $979K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,454.7 | −0.160% | $408K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,453.2 | −0.260% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.2 | −0.190% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,453.2 | −0.259% | $14K | $853K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.2 | −0.191% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,453.3 | −0.255% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.3 | +0.089% | $759.5M | $436.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.6 | −0.024% | $14.4M | $28.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.9 | −0.214% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457 | 0.000% | $667.4M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.5 | −0.035% | $266.5M | $611.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,458.8 | +0.125% | $179.3M | $1.25B | 50x | as long as short |
| Ondo Perps ZEC-USD.Pshort | +0.0100% | 1h | 1,452.4 | −0.316% | $396K | $432K | 5x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.396% | $879K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.9 | −0.006% | $49.6M | $173.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457 | −0.001% | $214.1M | $775.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.7 | −0.018% | $102.4M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,458.9 | +0.131% | $162.2M | $278.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.6 | −0.028% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.5 | +0.034% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.2 | −0.190% | $47.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.2 | −0.263% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,453.1 | −0.270% | $3.0M | $419K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.9 | −0.281% | $408K | $905K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,453.7 | −0.224% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,455.2 | −0.124% | $325K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454.9 | −0.146% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.6 | −0.097% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.9 | −0.008% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457 | −0.001% | $241K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456.2 | −0.056% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.9 | −0.006% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,456.6 | −0.025% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.7 | −0.023% | $47K | $156K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,454.4 | −0.176% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSDlong | +0.0196% | 1h | 1,457 | long leg | $18.0M | $44.7M | 25x | |
| Lighter ZEC | +0.0208% | 1h | 1,458.3 | +0.089% | $19.1M | $46.5M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,455.8 | −0.084% | $717K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0360% | 1h | 1,458.4 | +0.098% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,454.7 | −0.161% | $830K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,459 | +0.139% | $3.7M | $9.1M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0594% | 1h | 1,458 | +0.070% | $613K | $1.3M | 25x | as long as short |
| Aftermath Perps ZECUSD | +0.0703% | 1h | 1,454.2 | −0.192% | $43K | $46K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
01 Exchange ZECUSD
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Deribit ZEC_USDC-PERPETUAL
Aftermath Perps ZECUSD