Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Variational Omni+1.473%7-day average +0.033% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.016%−$2 on $10k
+Price spread, last 7 days−1.462%−$146 · spread now +1.473%, 7d avg +0.033%
=Together, before fees−1.478%+ Points / potential airdropVariational Omni: Active · farm board−$148 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 1.440% dearer against Variational Omni than usual: you sell high and buy low, +$144 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEC | 1,494.7 | 0.0100 | pay 0.0100% / 8h | 2h 16m | $48.9M | $32.5M | — |
| Short | Bybit ZECUSDT | 1,516.7 | 0.0100 | get 0.0100% / 8h | 2h 16m | $277.0M | $614.1M | 75x |
Variational Omni ZEC
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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: +1.473% → +0.033%
- $143.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $132.96
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 2 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 Variational Omni RFQ quote, 2 min ago | 2.76 bp | doesn't fit | 8.7 bp −$87 | 22.9 bp −$2,287 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.03 bp | 6.9 bp −$7 | 8.5 bp −$85 | 15.1 bp −$1,507 | doesn't fit |
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 | −0.3243% | 1h | 1,488.7 | −0.402% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0149% | 8h | 1,515.1 | +1.367% | $30.5M | $74.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,508.8 | +0.942% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,507 | +0.821% | $419K | $36K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,510.7 | +1.070% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,511.4 | +1.122% | $86K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,514.7 | +1.342% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0066% | 8h | 1,514.8 | +1.343% | $306K | $900K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,512.1 | +1.163% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,507.5 | +0.855% | $4.8M | $1.3M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,511.5 | +1.126% | $144K | $1.7M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,510.9 | +1.084% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,512.8 | +1.210% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,517.5 | +1.527% | $793.7M | $432.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,516 | +1.427% | $14.7M | $29.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.6 | +1.000% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,516.4 | +1.456% | $703.5M | $2.23B | 75x | as long as short |
| Bybit ZECUSDTshort | +0.0100% | 8h | 1,516.7 | +1.473% | $277.0M | $614.1M | 75x | |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,516.4 | +1.456% | $181.9M | $1.30B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,502.6 | +0.530% | $403K | $488K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −1.030% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,514.6 | +1.333% | $55.0M | $177.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,514.8 | +1.345% | $230.9M | $774.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,515.3 | +1.380% | $105.1M | $54.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,516.1 | +1.433% | $167.8M | $276.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,516.5 | +1.458% | — | $114.1M | — | as long as short |
| Variational Omni ZEClong | +0.0100% | 8h | 1,494.7 | long leg | $48.9M | $32.5M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,492.9 | −0.116% | $562K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.9 | +0.753% | $3.1M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,502.9 | +0.547% | $416K | $928K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,506.4 | +0.783% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,512.5 | +1.193% | $372K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,512.3 | +1.177% | $166K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,513.9 | +1.287% | $462K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,516.5 | +1.458% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,515 | +1.363% | $250K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,513.8 | +1.279% | $2.6M | $19.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,514.1 | +1.302% | $4.0M | $4.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,511.2 | +1.103% | $13K | $847K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0103% / S −0.0075% | 1h | 1,513.9 | +1.284% | $404K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,516 | +1.424% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,515.2 | +1.373% | $46K | $153K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0142% | 1h | 1,515.3 | +1.377% | $18.5M | $46.0M | 25x | as long as short |
| Lighter RH ZEC | +0.0152% | 1h | 1,515.8 | +1.415% | $2.1M | $7.2M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,511.7 | +1.136% | $948K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,515.7 | +1.406% | $19.9M | $44.9M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0451% | 1h | 1,515.8 | +1.411% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,517 | +1.494% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,509.6 | +1.001% | $617K | $8.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0559% | 1h | 1,516.4 | +1.454% | $720K | $1.4M | 25x | as long as short |
| Aftermath Perps ZECUSD | +0.0626% | 1h | 1,494.4 | −0.020% | $51K | $60K | 10x | as long as short |
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
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
Katana Perps ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Aevo ZEC-PERP
Kraken Futures PF_ZECUSD
Lighter RH ZEC
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Aftermath Perps ZECUSD