Funding you earn now, next payment 00:00 UTC+0.0362%/8h= +39.7% APRpaid last 24h −0.001%
Price spread now: GRVT against Ondo Perps+0.184%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.370%−$37 · spread now +0.184%, 7d avg +0.013%
=Together, before fees−0.383%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GRVT is 0.171% dearer against Ondo Perps than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.013%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.012% in total (about -0.6% 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 | Ondo Perps ZEC-USD.P | 1,471.7 | −0.0262 | get 0.0033% / 1h | 4m 48s | $399K | $521K | 5x |
| Short | GRVT ZEC_USDT_Perp | 1,474.4 | 0.0100 | get 0.0100% / 8h | 4m 48s | $3.0M | $454K | 10x |
Ondo Perps ZEC-USD.P
GRVT ZEC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Ondo 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
- $76.1
- Price spread: +0.184% → +0.013%
- $17.1
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $79.2
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 4 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 4 min ago | 0.41 bp | 7.0 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
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 | −0.3089% | 1h | 1,473.7 | +0.138% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.Plong | −0.0262% | 1h | 1,471.7 | long leg | $399K | $521K | 5x | |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.7 | +0.069% | $17.9M | $43.9M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,473.4 | +0.116% | $275.3M | $650.9M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0107% | 8h | 1,472.4 | +0.045% | $29.6M | $74.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.6 | −0.005% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0062% | 8h | 1,470.9 | −0.055% | $47.7M | $34.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.5 | +0.122% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.6 | +0.059% | $959K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.9 | +0.012% | $84K | $406K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,472.8 | +0.075% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,471.8 | +0.010% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,472.5 | +0.056% | $295K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.2 | +0.102% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0035% | 1h | 1,472.7 | +0.068% | $432K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,473.8 | +0.139% | $181.8M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0048% | 8h | 1,474.1 | +0.161% | $51.3M | $187.9M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,472.7 | +0.071% | $372K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,475.6 | +0.263% | $19.2M | $52.6M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.1 | +0.025% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,472.5 | +0.054% | $19K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474 | +0.156% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472 | +0.023% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.2 | +0.238% | $764.2M | $472.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,473.8 | +0.141% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.5 | +0.189% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,474 | +0.158% | $684.2M | $2.45B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.095% | $698K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.073% | $896K | $38K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.9 | +0.152% | $229.5M | $846.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.6 | +0.063% | $104.6M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474 | +0.156% | $163.9M | $301.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,473.5 | +0.122% | — | $101.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472.1 | +0.029% | $513K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perpshort | +0.0100% | 8h | 1,474.4 | +0.184% | $3.0M | $454K | 10x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.072% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.1 | +0.027% | $335K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.2 | +0.035% | $127K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.053% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.6 | +0.196% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.4 | +0.050% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.2 | −0.031% | $2.5M | $22.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.1 | +0.094% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.1 | +0.164% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.5 | +0.055% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,472.3 | +0.039% | $836K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0140% | 1h | 1,473.5 | +0.124% | $615K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0392% | 1h | 1,474.1 | +0.162% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.2 | +0.171% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0448% | 1h | 1,476.2 | +0.308% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0767% | 1h | 1,473.9 | +0.149% | $46K | $47K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
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
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD