Funding you earn now, next payment 11:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against Variational Omni−0.005%7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.538%+$54 · spread now −0.005%, 7d avg −0.003%
=Together, before fees+0.533%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board+$53 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.005% in total (about -0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEC | 1,505.7 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $49.6M | $33.0M | — |
| Short | Ondo Perps ZEC-USD.P | 1,505.6 | −0.0122 | pay 0.0015% / 1h | 8m 15s | $408K | $498K | 5x |
Variational Omni ZEC
Ondo Perps ZEC-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- −$46.54
- Price spread: −0.005% → −0.003%
- −$0.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$51.74
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago | 2.79 bp | doesn't fit | 6.3 bp −$63 | 15.7 bp −$1,568 | 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 50 exchanges
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 | −0.4130% | 1h | 1,487.6 | −1.198% | $36K | $267K | 12x | as long as short |
| Aftermath Perps ZECUSD | −0.0274% | 1h | 1,505.4 | −0.018% | $49K | $74K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,505.6 | −0.004% | $31.8M | $72.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.Pshort | −0.0122% | 1h | 1,505.6 | −0.005% | $408K | $498K | 5x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.1 | −0.169% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,505.6 | −0.007% | $415K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,508.3 | +0.171% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,504.2 | −0.100% | $63K | $298K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.2 | −0.031% | $5.3M | — | 150x | as long as short |
| ApeX Omni ZECUSDT | +0.0015% | 1h | 1,505.7 | −0.001% | $413K | $951K | 50x | as long as short |
Injective ZEC/USDC PERP
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
ApeX Omni ZECUSDTShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,506.8 | +0.072% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0032% | 1h | 1,505 | −0.046% | $895K | $1.3M | 10x | as long as short |
| Phoenix ZEC | +0.0060% | 1h | 1,508.2 | +0.165% | $4.8M | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0061% | 8h | 1,504.9 | −0.054% | $304K | $715K | 20x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,505.1 | −0.041% | $14.4M | $26.0M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,506.1 | +0.028% | $19.9M | $39.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,506.4 | +0.045% | $2.1M | $7.2M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.6 | −0.007% | $170K | $1.3M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,505.1 | −0.039% | $28K | $859K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,505.5 | −0.013% | $18.6M | $45.4M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.7 | +0.001% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,506.1 | +0.031% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506.1 | +0.028% | $794.4M | $420.5M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,506.1 | +0.029% | $1.6M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.1 | −0.040% | $705.0M | $2.13B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,504.6 | −0.072% | $275.4M | $579.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.6 | −0.068% | $187.2M | $1.26B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,506.6 | +0.061% | $594K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,506.6 | +0.059% | $780K | $182K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,505 | −0.043% | $64.2M | $175.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.1 | −0.039% | $180.4M | $844.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,504.9 | −0.049% | $105.9M | $51.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504.8 | −0.058% | $164.4M | $271.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,504.1 | −0.108% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,505.4 | −0.019% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEClong | +0.0100% | 8h | 1,505.7 | long leg | $49.6M | $33.0M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,506.6 | +0.062% | $550K | $8.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,507.1 | +0.093% | $3.1M | $635K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,507.4 | +0.113% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,505.4 | −0.018% | $369K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,505.2 | −0.031% | $169K | $189K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,507.3 | +0.108% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,505.1 | −0.038% | $258K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,504.5 | −0.079% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,505.8 | +0.009% | $4.0M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,504.9 | −0.053% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,504.6 | −0.070% | $37K | $163K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0123% | 1h | 1,505.7 | +0.003% | $695K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0198% / S −0.0216% | 1h | 1,504.9 | −0.052% | $349K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,507.5 | +0.123% | $3.9M | $9.3M | 50x | as long as short |
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
Orderly PERP_ZEC_USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX