Funding you earn now, next payment 12:00 UTC+0.0231%/8h= +25.3% APRnext payment +$0.29 per $10,000 · paid last 24h −0.022%
Price spread now: Kraken Futures against Ondo Perps+0.631%7-day average +0.093% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.361%−$36 on $10k
+Price spread, last 4 days (all we have)−0.390%−$39 · spread now +0.631%, 7d avg +0.093%
=Together, before fees−0.752%+ Points / potential airdropOndo Perps: Active · farm board−$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.538% dearer against Ondo Perps than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of +0.093%. Mind the row above: over the last 7 days funding on this pair cost −0.361%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ZEC-USD.P | 1,517.6 | −0.0056 | get 0.0007% / 1h | 10m 10s | $413K | $489K | 5x |
| Short | Kraken Futures PF_ZECUSD | 1,527.2 | 0.0175 | get 0.0022% / 1h | 10m 10s | $18.8M | $45.7M | 25x |
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $48.46
- Price spread: +0.631% → +0.093%
- $53.83
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $87.29
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Kraken Futures: live order book, 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 1.77 bp | 9.9 bp −$10 | 11.4 bp −$114 | 18.7 bp −$1,869 | 153.1 bp −$76.5K |
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 exchanges
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 | −0.3418% | 1h | 1,497.6 | −1.319% | $37K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,525.6 | +0.524% | $64K | $293K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,526.3 | +0.573% | $32.2M | $72.6M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0099% | 1h | 1,522.4 | +0.314% | $47K | $79K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,512.9 | −0.309% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.Plong | −0.0056% | 1h | 1,517.6 | long leg | $413K | $489K | 5x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,526 | +0.555% | $420K | $30K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,527.9 | +0.681% | $1.6M | $4.9M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,525 | +0.489% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0054% | 8h | 1,525.2 | +0.500% | $312K | $656K | 20x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0064% | 1h | 1,524.6 | +0.464% | $4.9M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,526.6 | +0.593% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,525.7 | +0.537% | $911K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,528 | +0.684% | $20.0M | $39.5M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,528.3 | +0.706% | $2.1M | $7.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,525.9 | +0.548% | $171K | $1.3M | 50x | as long as short |
| Bulk ZEC-USD | +0.0098% | 1h | 1,523.8 | +0.408% | $789K | $82K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,525.1 | +0.497% | $19K | $849K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,526.3 | +0.570% | $63K | $13K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,524.4 | +0.447% | $3.1M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,529 | +0.751% | $812.5M | $407.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,528.5 | +0.716% | $14.6M | $24.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,526.7 | +0.600% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,528.8 | +0.740% | $717.9M | $2.09B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,529.6 | +0.793% | $285.4M | $568.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,529.6 | +0.787% | $192.5M | $1.24B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,526.3 | +0.574% | $596K | $8.6M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,527 | +0.620% | $66.7M | $169.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,527.1 | +0.623% | $191.9M | $822.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,527.2 | +0.632% | $111.4M | $53.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,527.3 | +0.639% | $166.3M | $264.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,526.7 | +0.597% | — | $6.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,525.5 | +0.518% | $50.4M | $31.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,523.1 | +0.366% | $557K | $8.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,523.7 | +0.403% | $3.1M | $682K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,525.5 | +0.521% | $416K | $932K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,524.8 | +0.473% | $113K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,525 | +0.488% | $399K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,525.2 | +0.501% | $168K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,524.8 | +0.477% | $377K | $489K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,527.7 | +0.667% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,526.9 | +0.610% | $255K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,527 | +0.618% | $2.8M | $19.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,527.5 | +0.650% | $4.2M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,526.8 | +0.604% | $2.7M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,525.1 | +0.497% | $35K | $163K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0114% | 1h | 1,527.6 | +0.659% | $2.1M | $3.6M | 15x | as long as short |
| Kraken Futures PF_ZECUSDshort | +0.0175% | 1h | 1,527.2 | +0.631% | $18.8M | $45.7M | 25x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0214% / S −0.0231% | 1h | 1,525 | +0.485% | $346K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,531.7 | +0.932% | $4.0M | $9.3M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0518% | 1h | 1,526.4 | +0.582% | $705K | $1.2M | 25x | as long as short |
Phoenix ZEC
01 Exchange ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Bulk ZEC-USD
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
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Backpack ZEC_USDC_PERP
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX
Deribit ZEC_USDC-PERPETUAL