Funding you earn now, next payment 02:00 UTC−0.0163%/8h= −17.9% APRpaid last 24h −0.016%
Price spread now: Ondo Perps against Binance+0.165%46s7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.165%, 7d avg −0.048%
=Together, before fees−0.058%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.213% dearer against Binance than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of −0.048%): +$21 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.231%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,470.6 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $681.9M | $2.34B | 75x |
| Short | Ondo Perps ZEC-USD.P | 1,473 | −0.0063 | pay 0.0008% / 1h | 43m 47s | $400K | $517K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. 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
- −$34.27
- Price spread: +0.165% → −0.048%
- $21.33
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$27.94
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 15 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 Binance live order book, 15 min ago | 0.03 bp | 5.1 bp −$5 | 7.6 bp −$76 | 11.4 bp −$1,141 | 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 | −0.3678% | 1h | 1,475.7 | +0.352% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.4 | +0.126% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.Pshort | −0.0063% | 1h | 1,473 | +0.165% | $400K | $517K | 5x | |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,472.4 | +0.124% | $18.0M | $43.4M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.5 | +0.066% | $414K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.6 | +0.141% | $958K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.7 | +0.075% | $84K | $264K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.4 | +0.124% | $5.2M | — | 150x | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.315% | $29.6M | $73.3M | 75x | as long as short |
| Variational Omni ZEC | +0.0016% | 8h | 1,474 | +0.234% | $48.1M | $33.4M | — | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,472 | +0.100% | $294K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,472 | +0.097% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,472.2 | +0.108% | $383K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,473.7 | +0.214% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0080% | 8h | 1,470.8 | +0.018% | $181.1M | $1.28B | 50x | as long as short |
| Gate ZEC_USDT | +0.0081% | 8h | 1,470.5 | −0.004% | $50.0M | $174.3M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.8 | +0.085% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.8 | +0.082% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.8 | +0.083% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.1 | +0.104% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.1 | +0.036% | $765.7M | $450.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472 | +0.095% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.6 | +0.140% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,470.6 | long leg | $681.9M | $2.34B | 75x | |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.4 | −0.014% | $271.6M | $627.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.6 | +0.002% | $218.4M | $793.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.6 | +0.137% | $103.6M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.7 | +0.012% | $163.1M | $286.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.2 | −0.027% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | +0.254% | $574K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476 | +0.367% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,474.5 | +0.267% | $429K | $905K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.9 | +0.155% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.6 | +0.070% | $341K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.8 | +0.083% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | +0.020% | $458K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.5 | +0.264% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.3 | +0.119% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.9 | +0.090% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.6 | +0.138% | $3.9M | $5.3M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.6 | +0.277% | $897K | $17K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.9 | +0.020% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.9 | +0.087% | $51K | $164K | 20x | as long as short |
| Lighter RH ZEC | +0.0224% | 1h | 1,473.9 | +0.228% | $2.1M | $7.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,473.4 | +0.193% | $684K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0288% | 1h | 1,473.7 | +0.214% | $19.2M | $48.0M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0321% | 1h | 1,473.1 | +0.174% | $606K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,472.3 | +0.116% | $855K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,474 | +0.230% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0553% | 1h | 1,473.3 | +0.188% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0735% | 1h | 1,474.1 | +0.237% | $44K | $46K | 10x | as long as short |
Binance ZECUSDT
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
BloFin ZEC-USDT
Variational Omni ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Bybit ZECUSDT
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
Bulk ZEC-USD
Extended ZEC-USD
Lighter RH ZEC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD