Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.005%
Price spread now: Variational Omni against Kalshi+0.130%7-day average −0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.075%+$8 on $10k
+Price spread, last 7 days−0.179%−$18 · spread now +0.130%, 7d avg −0.070%
=Together, before fees−0.104%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.200% dearer against Kalshi than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXZECPERP | 1,493.9 | 0 | get 0.0000% / 8h | 4h 35m | $1.5M | $4.4M | 2.2x |
| Short | Variational Omni ZEC | 1,495.9 | 0.0100 | get 0.0100% / 8h | 35m 11s | $48.8M | $34.7M | — |
Kalshi KXZECPERP
Variational Omni ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kalshi. 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
- $21
- Price spread: +0.130% → −0.070%
- $20.01
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.01
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kalshi: 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 Kalshi live order book, 3 min ago | 8.00 bp | 13.0 bp −$13 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.76 bp | doesn't fit | 6.2 bp −$62 | 16.5 bp −$1,653 | 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 | −0.3442% | 1h | 1,493.4 | −0.035% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,492 | −0.128% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0152% | 8h | 1,493.8 | −0.006% | $30.9M | $75.5M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0082% | 1h | 1,499.2 | +0.353% | $48K | $59K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,495.4 | +0.100% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,496 | +0.139% | $416K | $35K | 5x | as long as short |
| Kalshi KXZECPERPlong | 0.0000% | 8h | 1,493.9 | long leg | $1.5M | $4.4M | 2.2x | |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,493.7 | −0.012% | $682K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,493.7 | −0.013% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,493.9 | +0.001% | $17.9M | $47.2M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk ZEC-USD | +0.0021% | 1h | 1,505.9 | +0.801% | $910K | $2K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0023% | 1h | 1,494 | +0.005% | $408K | $560K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,493.2 | −0.050% | $301K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,498.3 | +0.293% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,494.5 | +0.039% | $175K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,495.1 | +0.077% | $16K | $878K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,495.3 | +0.091% | $62K | $28K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.4 | −0.036% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,494.7 | +0.052% | $780.8M | $444.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,493.3 | −0.044% | $14.0M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495.9 | +0.132% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,493 | −0.060% | $698.8M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,493 | −0.064% | $268.2M | $623.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,492.8 | −0.075% | $183.9M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,492.9 | −0.069% | $55.9M | $184.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,493.2 | −0.048% | $236.9M | $797.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,493.4 | −0.037% | $102.8M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,493.2 | −0.046% | $161.3M | $290.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,493.6 | −0.021% | — | $118.4M | — | as long as short |
| Variational Omni ZECshort | +0.0100% | 8h | 1,495.9 | +0.130% | $48.8M | $34.7M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,496.6 | +0.179% | $573K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503.3 | +0.629% | $3.1M | $507K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.2 | +0.086% | $412K | $947K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,496 | +0.136% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.019% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,493.8 | −0.007% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,492.5 | −0.098% | $456K | $489K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,496.7 | +0.188% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,493.5 | −0.031% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,493.3 | −0.044% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,493.7 | −0.016% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,493.5 | −0.028% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,493.3 | −0.043% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,495 | +0.074% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,495.1 | +0.077% | $941K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,494.6 | +0.048% | $2.1M | $7.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0146% / S −0.0154% | 1h | 1,493.3 | −0.041% | $360K | — | 100x | as long as short |
| Lighter ZEC | +0.0200% | 1h | 1,495.1 | +0.081% | $19.8M | $45.5M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,496 | +0.136% | $612K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,495 | +0.072% | $3.7M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0548% | 1h | 1,494 | +0.004% | $2.3M | $3.9M | 15x | as long as short |
Bulk ZEC-USD
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
Phoenix ZEC
Popdex ZECUSDT
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
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
01 Exchange ZECUSD
RISEx ZEC/USDC
Lighter RH ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP