ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h +0.024%

Price spread now: Polymarket Perps against Ondo Perps−0.231%7-day average +0.053% · you buy dearer than you sell

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

Long on Ondo Perps Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.273%−$27 on $10k

Price spread, last 4 days (all we have)+0.497%+$50 · spread now −0.231%, 7d avg +0.053%

Together, before fees+0.223%+ Points / potential airdropOndo Perps: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.284% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.231% now, against its 7-day average of +0.053%). If the spread goes back, that is −$28 on $10k: about 5.4 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.273%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ZEC-USD.P	1,473	−0.0077	get 0.0010% / 1h	42m 40s	$400K	$517K	5x
Short	Polymarket Perps ZEC-USD	1,469.6	0.0100	get 0.0013% / 1h	42m 40s	$341K	$1.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 it

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 Ondo PerpsbpFee Polymarket PerpsbpOrdersPrice spread, now −0.231%Rate

Funding earned: $37.13
Price spread: −0.231% → +0.053%: −$28.41
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$4.28
Costs to cover: 0.130%
Break-even: 7.8 days

Slippage unknown: Ondo Perps: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	1.02 bp	5.0 bp −$5	7.7 bp −$77	28.0 bp −$2,800	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	−0.3678%	1h	1,473.4	+0.026%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.4	−0.038%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.Plong	−0.0077%	1h	1,473	long leg	$400K	$517K	5x
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,467	−0.409%	$18.0M	$43.6M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,467.2	−0.392%	$413K	$57K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.6	−0.025%	$960K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,469.3	−0.254%	$84K	$264K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,467.1	−0.399%	$603K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,466.9	−0.416%	$5.2M	—	150x	as long as short
BloFin ZEC-USDT	+0.0012%	8h	1,475.2	+0.149%	$29.6M	$73.3M	75x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ZEC	+0.0016%	8h	1,474	+0.068%	$48.1M	$33.4M	—	as long as short
Orderly PERP_ZEC_USDC	+0.0026%	8h	1,466.7	−0.428%	$293K	$1.1M	20x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,470.6	−0.165%	$8K	$9K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,467.2	−0.392%	$382K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,473.7	+0.048%	$4.7M	$1.5M	10x	as long as short
Gate ZEC_USDT	+0.0076%	8h	1,466.5	−0.441%	$49.8M	$174.4M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0081%	8h	1,467.1	−0.404%	$181.0M	$1.28B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.1	−0.198%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,470.4	−0.177%	$14K	$832K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,466.9	−0.412%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.3	−0.182%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,467.6	−0.370%	$763.4M	$450.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,466.9	−0.416%	$14.8M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,467.7	−0.361%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,467	−0.409%	$680.3M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,466.9	−0.417%	$270.7M	$627.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,467	−0.409%	$218.3M	$794.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,466.8	−0.418%	$103.2M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,467.4	−0.381%	$162.7M	$286.6M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,466.8	−0.424%	—	$100.0M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,474.3	+0.088%	$574K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.7	−0.024%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,474.5	+0.102%	$429K	$905K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.1	−0.060%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USDshort	+0.0100%	1h	1,469.6	−0.231%	$341K	$1.7M	10x
Bullet ZEC-USD	+0.0100%	1h	1,468.7	−0.292%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.4	−0.517%	$456K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,469	−0.273%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,466.9	−0.418%	$242K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,466.6	−0.433%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,468	−0.339%	$3.8M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,474.6	+0.112%	$897K	$17K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,466.5	−0.439%	$3.1M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,466.9	−0.412%	$50K	$164K	20x	as long as short
Lighter RH ZEC	+0.0216%	1h	1,468.7	−0.290%	$2.0M	$7.1M	10x	as long as short
Lighter ZEC	+0.0240%	1h	1,468.5	−0.303%	$19.2M	$48.0M	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,471.5	−0.102%	$684K	$8.7M	10x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,471	−0.137%	$854K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,469.2	−0.256%	$3.6M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0540%	1h	1,467.4	−0.384%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0737%	1h	1,473.6	+0.038%	$44K	$46K	10x	as long as short