Funding you earn now, next payment 22:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.013%
Price spread now: Ondo Perps against Pacifica−0.120%7-day average −0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 4 days (all we have)+0.109%+$11 · spread now −0.120%, 7d avg −0.055%
=Together, before fees+0.534%+ Points / potential airdropPacifica: Active · Ondo Perps: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.065% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.055%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.425%, 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 | Pacifica ZEC | 1,451.5 | 0.0100 | pay 0.0013% / 1h | 51m 04s | $1.6M | $3.1M | 10x |
| Short | Ondo Perps ZEC-USD.P | 1,449.8 | 0.0090 | get 0.0011% / 1h | 51m 04s | $394K | $522K | 5x |
Pacifica ZEC
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Pacifica. 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
- −$2.02
- Price spread: −0.120% → −0.055%
- −$6.51
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$21.52
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Pacifica: 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 Pacifica live order book, 3 min ago | 1.41 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| 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 | −0.3476% | 1h | 1,437.6 | −0.960% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.6 | +0.005% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,452.6 | +0.071% | $17.6M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,453.2 | +0.115% | $28.9M | $75.9M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,451.4 | −0.011% | $45.5M | $32.3M | — | as long as short |
| Bybit ZECUSDT | −0.0012% | 8h | 1,454.1 | +0.178% | $269.7M | $677.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.4 | −0.011% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,452.3 | +0.051% | $848K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.8 | +0.017% | $82K | $400K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,453.6 | +0.143% | $566K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.7 | +0.081% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0008% | 8h | 1,452.7 | +0.080% | $291K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,454.7 | +0.216% | $172.2M | $1.37B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0039% / S +0.0065% | 1h | 1,452.5 | +0.063% | $543K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0055% | 8h | 1,453 | +0.098% | $15.2M | $35.2M | 75x | as long as short |
| Gate ZEC_USDT | +0.0064% | 8h | 1,453.4 | +0.127% | $49.2M | $185.4M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,452.4 | +0.061% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.Pshort | +0.0090% | 1h | 1,449.8 | −0.120% | $394K | $522K | 5x | |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452.3 | +0.052% | $17K | $886K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,452.3 | +0.052% | $177K | $2.0M | 50x | as long as short |
| MEXC ZEC_USDT | +0.0099% | 8h | 1,453 | +0.102% | $218.4M | $880.5M | 150x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.6 | +0.007% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.9 | +0.026% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.7 | +0.149% | $751.5M | $492.9M | 10x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,451.5 | long leg | $1.6M | $3.1M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,454.1 | +0.179% | $659.6M | $2.55B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.236% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.9 | +0.094% | $103.6M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,453.3 | +0.122% | $162.0M | $317.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,453.6 | +0.142% | — | $106.9M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.9 | +0.159% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | +0.128% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | +0.095% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.1 | +0.174% | $707K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452 | +0.030% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452 | +0.032% | $298K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.3 | +0.051% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.6 | +0.001% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.7 | +0.283% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.6 | +0.075% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.1 | +0.041% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452.9 | +0.093% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.049% | $4.6M | $1.6M | 10x | as long as short |
| Lighter ZEC | +0.0104% | 1h | 1,454.4 | +0.198% | $18.8M | $53.9M | 20x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.7 | +0.082% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.6 | +0.071% | $862K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0312% | 1h | 1,452.9 | +0.095% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.3 | +0.189% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0464% | 1h | 1,453.2 | +0.114% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.1 | +0.176% | $756K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0680% | 1h | 1,454.8 | +0.226% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Katana Perps ZEC-USD
Popdex ZECUSDT
MEXC ZEC_USDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Binance ZECUSDT
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
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Lighter ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC