Funding you earn now, next payment 02:00 UTC−0.0023%/8h= −2.6% APRpaid last 24h 0.000%
Price spread now: Variational Omni against 01 Exchange−0.335%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.335% cheaper against 01 Exchange than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZECUSD | 1,475.4 | 0.0056 | pay 0.0007% / 1h | 31m 53s | $8K | $9K | 5x |
| Short | Variational Omni ZEC | 1,470.4 | 0.0033 | get 0.0033% / 8h | 6h 31m | $47.9M | $33.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against 01 Exchange. 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
- −$4.9
- Price spread: −0.335% → 0.000%
- −$33.5
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$45.4
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 2.75 bp | doesn't fit | 6.8 bp −$68 | 14.8 bp −$1,478 | doesn't fit |
01 Exchange: 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 50 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 | −0.3678% | 1h | 1,471.7 | −0.247% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.6 | −0.188% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0018% | 1h | 1,471.7 | −0.249% | $399K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,476.6 | +0.085% | $18.1M | $43.6M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.7 | −0.117% | $415K | $56K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.5 | +0.077% | $976K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.4 | −0.066% | $84K | $258K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,476.5 | +0.076% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,476.5 | +0.077% | $295K | $1.1M | 20x | as long as short |
| Variational Omni ZECshort | +0.0033% | 8h | 1,470.4 | −0.335% | $47.9M | $33.3M | — |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,476.4 | +0.072% | $386K | — | 100x | as long as short |
| 01 Exchange ZECUSDlong | +0.0056% | 1h | 1,475.4 | long leg | $8K | $9K | 5x | |
| Phoenix ZEC | +0.0070% | 1h | 1,471.2 | −0.283% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0093% | 8h | 1,476.8 | +0.095% | $181.6M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.6 | +0.013% | $174K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.8 | −0.039% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.7 | −0.048% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476 | +0.046% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,477 | +0.110% | $768.8M | $444.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.7 | +0.092% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475 | −0.024% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.5 | +0.077% | $682.0M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.5 | +0.074% | $272.4M | $625.8M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.5 | −0.331% | $893K | $19K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,476.2 | +0.053% | $50.1M | $175.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477 | +0.112% | $217.5M | $797.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.8 | +0.095% | $103.9M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,476.7 | +0.087% | $164.0M | $285.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,475.6 | +0.016% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.3 | −0.279% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.9 | −0.167% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.9 | −0.237% | $428K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.5 | −0.195% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.5 | +0.077% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,476.6 | +0.084% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,475 | −0.024% | $459K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.1 | +0.119% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.5 | +0.077% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.3 | −0.005% | $2.6M | $19.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,476.1 | +0.051% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,476.7 | +0.090% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476.8 | +0.094% | $48K | $167K | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,475.7 | +0.022% | $689K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0264% | 1h | 1,477.3 | +0.128% | $19.3M | $48.1M | 20x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,477.7 | +0.160% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0344% | 1h | 1,477.4 | +0.140% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,475.6 | +0.013% | $866K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,478.3 | +0.197% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,476.9 | +0.101% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0722% | 1h | 1,472.5 | −0.195% | $44K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Variational Omni ZEC
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD