Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Bybit against Ondo Perps−0.048%7-day average +0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.048%, 7d avg +0.045%
=Together, before fees+0.036%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.093% cheaper against Ondo Perps than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ZEC-USD.P | 1,494.1 | 0.0100 | pay 0.0013% / 1h | 5m 25s | $408K | $554K | 5x |
| Short | Bybit ZECUSDT | 1,493.4 | 0.0100 | get 0.0100% / 8h | 1h 05m | $267.5M | $630.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.048% → +0.045%
- −$9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.26
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.03 bp | 7.1 bp −$7 | 9.8 bp −$98 | 16.1 bp −$1,608 | doesn't fit |
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 | −0.3684% | 1h | 1,479.6 | −0.971% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,493.8 | −0.023% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0149% | 8h | 1,495.9 | +0.122% | $30.8M | $75.2M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,496 | +0.130% | $18.1M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,496 | +0.124% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,495.5 | +0.094% | $416K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,496.9 | +0.185% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,494 | −0.009% | $5.3M | — | 150x | as long as short |
| Aftermath Perps ZECUSD | +0.0014% | 1h | 1,495.5 | +0.094% | $48K | $64K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0056% | 1h | 1,496.9 | +0.185% | $684K | $1.4M | 25x | 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 | +0.0080% | 8h | 1,493.8 | −0.017% | $301K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,495.2 | +0.076% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,495.1 | +0.064% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,495.3 | +0.081% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495.8 | +0.111% | $3.1M | $7.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,493.3 | −0.054% | $13.9M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495.8 | +0.117% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,494.1 | −0.003% | $696.0M | $2.31B | 75x | as long as short |
| Bybit ZECUSDTshort | +0.0100% | 8h | 1,493.4 | −0.048% | $267.5M | $630.7M | 75x | |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,493.9 | −0.011% | $182.6M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.Plong | +0.0100% | 1h | 1,494.1 | long leg | $408K | $554K | 5x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.009% | $903K | $7K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,494.1 | −0.003% | $55.2M | $187.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,493.9 | −0.011% | $242.7M | $799.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,494.9 | +0.054% | $103.1M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.2 | +0.074% | $160.8M | $289.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,494 | −0.007% | — | $117.5M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | +0.071% | $48.9M | $34.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,495.1 | +0.069% | $573K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,494.7 | +0.042% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,496.3 | +0.149% | $412K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,496.1 | +0.133% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495.2 | +0.074% | $358K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,493.9 | −0.011% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,495.2 | +0.072% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,498.4 | +0.286% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,495.9 | +0.123% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,497 | +0.194% | $2.7M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,496.2 | +0.140% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495.9 | +0.119% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,493.8 | −0.018% | $43K | $151K | 20x | as long as short |
| Hyperliquid ZEC | +0.0105% | 1h | 1,495.6 | +0.100% | $780.4M | $446.2M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,495.5 | +0.094% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,495.4 | +0.084% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.167% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0137% / S −0.0133% | 1h | 1,493.7 | −0.029% | $396K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0200% | 1h | 1,496.7 | +0.173% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,496.3 | +0.149% | $610K | $8.7M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0256% | 1h | 1,496.3 | +0.149% | $2.3M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0264% | 1h | 1,496.9 | +0.184% | $19.7M | $47.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,498.4 | +0.290% | $3.7M | $10.1M | 50x | as long as short |
Bybit ZECUSDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Aftermath Perps ZECUSD
Deribit ZEC_USDC-PERPETUAL
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Hyperliquid ZEC
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Lighter ZEC
Coinbase International ZEC-PERP-INTX