Funding you earn now, next payment 22:00 UTC−0.0134%/8h= −14.6% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Polymarket Perps−0.235%7-day average −0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 7 days+0.359%+$36 · spread now −0.235%, 7d avg −0.009%
=Together, before fees+0.363%+ Points / potential airdropVariational Omni: Active · farm board+$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.225% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZEC-USD | 1,454.8 | 0.0100 | pay 0.0013% / 1h | 55m 26s | $299K | $2.1M | 10x |
| Short | Variational Omni ZEC | 1,451.4 | −0.0034 | pay 0.0034% / 8h | 2h 55m | $45.5M | $32.3M | — |
Polymarket Perps ZEC-USD
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Polymarket 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
- −$28.08
- Price spread: −0.235% → −0.009%
- −$22.54
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$58.61
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 3 min ago; Variational Omni: RFQ quote, 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 Polymarket Perps live order book, 3 min ago | 1.38 bp | 8.3 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.58 bp | doesn't fit | 6.6 bp −$66 | 14.3 bp −$1,429 | doesn't fit |
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 | 1,454.5 | −0.021% | $34K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,452 | −0.193% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,452 | −0.194% | $17.6M | $44.9M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0059% | 8h | 1,450.1 | −0.321% | $29.1M | $76.1M | 75x | as long as short |
| Variational Omni ZECshort | −0.0034% | 8h | 1,451.4 | −0.235% | $45.5M | $32.3M | — | |
| Bybit ZECUSDT | −0.0016% | 8h | 1,454.9 | +0.003% | $269.0M | $677.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.4 | −0.096% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.5 | −0.091% | $848K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.7 | −0.079% | $82K | $400K | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0006% | 8h | 1,455.4 | +0.040% | $292K | $1.5M | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDCShow 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 | 1,455.5 | +0.047% | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0034% | 8h | 1,455 | +0.016% | $172.8M | $1.37B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,454 | −0.058% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0041% / S +0.0061% | 1h | 1,455.3 | +0.032% | $536K | — | 100x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,450.4 | −0.305% | $4.6M | $1.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0050% | 8h | 1,453.5 | −0.088% | $15.1M | $35.3M | 75x | as long as short |
| Gate ZEC_USDT | +0.0066% | 8h | 1,454.9 | +0.003% | $49.3M | $184.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0094% | 8h | 1,454.9 | +0.005% | $216.8M | $878.0M | 150x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.2 | −0.038% | $17K | $886K | 10x | as long as short |
| Binance ZECUSDT | +0.0096% | 8h | 1,455.2 | +0.031% | $662.2M | $2.55B | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.1 | −0.046% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453 | −0.124% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455 | +0.016% | $3.0M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,455.6 | +0.055% | $754.1M | $509.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.6 | −0.085% | $1.6M | $3.1M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449.9 | −0.337% | $393K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454.9 | +0.006% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454.3 | −0.036% | $103.8M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,455 | +0.014% | $162.6M | $316.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,455.3 | +0.032% | — | $108.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.7 | −0.143% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,450.9 | −0.270% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.2 | −0.175% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,450.5 | −0.295% | $705K | $604K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.1 | −0.252% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USDlong | +0.0100% | 1h | 1,454.8 | long leg | $299K | $2.1M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,455.1 | +0.023% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451 | −0.258% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.7 | +0.060% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.3 | −0.170% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.8 | −0.138% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.199% | $3.7M | $5.5M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,455.5 | +0.051% | $36K | $362K | 20x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,454.6 | −0.015% | $18.8M | $53.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.1 | −0.049% | $863K | $2.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0287% | 1h | 1,453.4 | −0.100% | $568K | $1.3M | 25x | as long as short |
| Extended ZEC-USD | +0.0432% | 1h | 1,453.4 | −0.098% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.1 | −0.049% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0463% | 1h | 1,454.4 | −0.030% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.4 | +0.040% | $754K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0624% | 1h | 1,455.4 | +0.042% | $2.0M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Aster ZECUSDT
Gate ZEC_USDT
MEXC ZEC_USDT
Katana Perps ZEC-USD
Binance ZECUSDT
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Ondo Perps ZEC-USD.P
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
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC