Funding you earn now, next payment 09:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.005%
Price spread now: dYdX against Variational Omni+0.076%7-day average +0.056% · 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)+0.006%+$1 on $10k
+Price spread, last 4 days (all we have)−0.783%−$78 · spread now +0.076%, 7d avg +0.056%
=Together, before fees−0.776%+ Points / potential airdropVariational Omni: Active · farm board−$78 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEC | 1,502.5 | 0.0100 | pay 0.0100% / 8h | 7h 29m | $49.7M | $36.0M | — |
| Short | dYdX ZEC-USD | 1,503.7 | 0 | get 0.0000% / 1h | 29m 40s | $418K | $34K | 5x |
Variational Omni ZEC
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Variational Omni. 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: +0.076% → +0.056%
- $1.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$29.04
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; dYdX: live order book, 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 Variational Omni RFQ quote, 5 min ago | 2.76 bp | doesn't fit | 7.5 bp −$75 | 16.9 bp −$1,690 | doesn't fit |
| Sell dYdX live order book, 4 min ago | 31.50 bp | 36.5 bp −$37 | 52.9 bp −$529 | 115.2 bp −$11.5K | 127.2 bp −$63.6K |
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 | −0.3702% | 1h | 1,491.4 | −0.741% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502.5 | 0.000% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0204% | 1h | 1,505.7 | +0.210% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,503.6 | +0.070% | $31.8M | $76.4M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | +0.265% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,502.1 | −0.027% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,503.7 | +0.076% | $418K | $34K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,501.9 | −0.041% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503.2 | +0.043% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,502.9 | +0.023% | $18.3M | $48.0M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
Kalshi KXZECPERP
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,502.3 | −0.019% | $8K | $6K | 5x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,507 | +0.297% | $4.8M | $1.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0084% | 8h | 1,503.8 | +0.081% | $60.5M | $185.9M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,502.9 | +0.021% | $303K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,504.8 | +0.153% | $19.5M | $45.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,505.2 | +0.177% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.4 | −0.013% | $171K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,504.4 | +0.126% | $62K | $17K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,503.8 | +0.084% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,501.9 | −0.040% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.4 | +0.123% | $787.1M | $446.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,504 | +0.099% | $14.1M | $30.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,504.4 | +0.125% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,504.2 | +0.111% | $710.4M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503.5 | +0.066% | $269.4M | $623.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.6 | +0.069% | $185.0M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,504.9 | +0.157% | $408K | $558K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,505 | +0.162% | $609K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,504.1 | +0.104% | $405.4M | $835.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,504 | +0.097% | $102.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504.2 | +0.109% | $162.6M | $295.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,503.4 | +0.057% | — | $6.7M | — | as long as short |
| Variational Omni ZEClong | +0.0100% | 8h | 1,502.5 | long leg | $49.7M | $36.0M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,505.3 | +0.182% | $555K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.8 | +0.280% | $3.1M | $533K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,505.8 | +0.217% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504.7 | +0.141% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.7 | +0.010% | $373K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.8 | +0.018% | $168K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.035% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.1 | +0.171% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.9 | +0.087% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,500.9 | −0.112% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.6 | +0.071% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504.3 | +0.114% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.9 | +0.020% | $44K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,504.3 | +0.116% | $996K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0160% / S −0.0164% | 1h | 1,503.1 | +0.039% | $334K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0226% | 1h | 1,504 | +0.097% | $688K | $1.4M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0290% | 1h | 1,503.8 | +0.082% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,504.4 | +0.120% | $3.8M | $10.0M | 50x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Gate ZEC_USDT
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
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
Aevo ZEC-PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX