Funding you earn now, next payment 02:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.008%
Price spread now: Bulk against Ondo Perps−0.200%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)+0.282%+$28 · spread now −0.200%, 7d avg +0.030%
=Together, before fees+0.259%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.230% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of +0.030%). If the spread goes back, that is −$23 on $10k: about 4.5 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ZEC-USD.P | 1,477.6 | −0.0070 | get 0.0009% / 1h | 47m 00s | $401K | $519K | 5x |
| Short | Bulk ZEC-USD | 1,474.6 | 0.0100 | get 0.0013% / 1h | 47m 00s | $897K | $17K | 10x |
Ondo Perps ZEC-USD.P
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Ondo Perps. 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
- $35.78
- Price spread: −0.200% → +0.030%
- −$22.95
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- $0.83
- Costs to cover
- 0.120%
- Break-even
- 6.8 days
Slippage unknown: Ondo Perps: no order-book sample; Bulk: live order book, 22 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 22 min ago | 0.03 bp | 3.5 bp −$4 | 3.6 bp −$36 | 5.1 bp −$515 | 8.5 bp −$4,244 |
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 | 1,477.5 | −0.005% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.6 | −0.205% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.Plong | −0.0070% | 1h | 1,477.6 | long leg | $401K | $519K | 5x | |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,474.7 | −0.197% | $18.0M | $43.4M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.3 | −0.157% | $415K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.7 | −0.196% | $960K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.6 | −0.204% | $84K | $405K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.3 | −0.156% | $5.2M | — | 150x | as long as short |
| Variational Omni ZEC | +0.0010% | 8h | 1,477.5 | −0.005% | $48.2M | $33.5M | — | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | −0.162% | $29.6M | $73.3M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Variational Omni ZEC
BloFin ZEC-USDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,474.1 | −0.240% | $294K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,474.6 | −0.205% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,474.6 | −0.204% | $383K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,479.5 | +0.127% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0079% | 8h | 1,475.5 | −0.144% | $181.4M | $1.29B | 50x | as long as short |
| Gate ZEC_USDT | +0.0080% | 8h | 1,475.4 | −0.150% | $50.2M | $174.0M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.2 | −0.228% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.2 | −0.233% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.4 | −0.217% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.8 | −0.186% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,476.8 | −0.054% | $768.8M | $449.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475 | −0.176% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.8 | −0.193% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475.7 | −0.128% | $683.9M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,475.4 | −0.148% | $272.3M | $626.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,475.7 | −0.128% | $219.3M | $792.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.8 | −0.190% | $103.7M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.8 | −0.122% | $163.7M | $286.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,476.1 | −0.100% | — | $100.2M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.7 | −0.058% | $575K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476 | −0.111% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,475.5 | −0.139% | $429K | $905K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.9 | −0.045% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.1 | −0.237% | $342K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.5 | −0.208% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,472.7 | −0.332% | $459K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476.4 | −0.080% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.7 | −0.197% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,474 | −0.247% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.1 | −0.170% | $3.8M | $5.2M | 50x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,474.6 | −0.200% | $897K | $17K | 10x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.2 | −0.227% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,474 | −0.246% | $51K | $164K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0179% | 1h | 1,475.1 | −0.168% | $607K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0216% | 1h | 1,476.4 | −0.079% | $2.1M | $7.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,475.8 | −0.121% | $681K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,476.3 | −0.088% | $19.3M | $48.0M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,475 | −0.179% | $856K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,476.1 | −0.103% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0556% | 1h | 1,475.9 | −0.117% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0743% | 1h | 1,475.5 | −0.140% | $44K | $46K | 10x | as long as short |
Orderly PERP_ZEC_USDC
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
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
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
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD