ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0223%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.022%

Price spread now: Ondo Perps against Aevo−0.167%7-day average −0.051% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.084%+$8 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.167%, 7d avg −0.051%

Together, before fees+0.147%+ Points / potential airdropOndo Perps: Active · farm board+$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.116% cheaper against Aevo than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.084% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo ZEC-PERP	1,470.4	0.0104	pay 0.0013% / 1h	30m 24s	$56K	$167K	20x
Short	Ondo Perps ZEC-USD.P	1,467.9	−0.0119	pay 0.0015% / 1h	30m 24s	$399K	$518K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee Ondo PerpsbpOrdersPrice spread, now −0.167%Rate

Funding earned: −$46.87
Price spread: −0.167% → −0.051%: −$11.64
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$79.51
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: live order book, 44 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 Aevo live order book, 44 min ago	2.68 bp	13.5 bp −$13	24.6 bp −$246	38.5 bp −$3,848	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 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	−0.3321%	1h	1,472.2	+0.124%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0342%	1h	1,471.7	+0.089%	$17.9M	$42.9M	25x	as long as short
Ondo Perps ZEC-USD.Pshort	−0.0119%	1h	1,467.9	−0.167%	$399K	$518K	5x
BloFin ZEC-USDT	−0.0102%	8h	1,469.7	−0.047%	$29.7M	$73.1M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.3	−0.005%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0062%	8h	1,470.2	−0.011%	$274.2M	$634.9M	75x	as long as short
Variational Omni ZEC	−0.0053%	8h	1,469	−0.089%	$47.6M	$33.8M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,469.9	−0.031%	$414K	$103K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,470.4	0.000%	$959K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,469.7	−0.045%	$83K	$405K	10x	as long as short

Show 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	1,470.3	−0.003%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,470.7	+0.025%	$294K	$1.3M	20x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,470.3	−0.007%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0049%	8h	1,470.5	+0.009%	$181.8M	$1.30B	50x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470.8	+0.030%	$4.7M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,470.3	−0.002%	$378K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,469.8	−0.035%	$179K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,470.1	−0.021%	$14K	$832K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.2	−0.009%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.6	+0.014%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,470.9	+0.037%	$762.8M	$455.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.3	−0.006%	$14.9M	$31.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.5	+0.011%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,470.6	+0.013%	$684.7M	$2.38B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.6	+0.085%	$699K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471	+0.043%	$895K	$25K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,470.2	−0.011%	$51.3M	$179.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,470.1	−0.015%	$231.5M	$825.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.2	−0.011%	$104.8M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470.6	+0.016%	$163.6M	$292.9M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,470	−0.025%	—	$100.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.4	−0.132%	$571K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468.3	−0.139%	$3.0M	$466K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.9	−0.032%	$430K	$866K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.6	+0.017%	$110K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470	−0.024%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,470.3	−0.003%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.9	−0.100%	$458K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.4	+0.136%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.3	+0.061%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,470	−0.028%	$2.5M	$21.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,470.1	−0.021%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.5	+0.010%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERPlong	+0.0104%	1h	1,470.4	long leg	$56K	$167K	20x
Deribit ZEC_USDC-PERPETUAL	+0.0190%	1h	1,471.3	+0.066%	$605K	$1.3M	25x	as long as short
Lighter ZEC	+0.0192%	1h	1,471.7	+0.090%	$19.2M	$50.4M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,470.8	+0.028%	$852K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,471.8	+0.098%	$3.8M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0524%	1h	1,470.1	−0.017%	$2.5M	$3.8M	15x	as long as short
Aftermath Perps ZECUSD	+0.0772%	1h	1,471.3	+0.067%	$44K	$47K	10x	as long as short
Lighter RH ZEC	+0.0792%	1h	1,472.9	+0.172%	$2.0M	$8.1M	10x	as long as short