Funding you earn now, next payment 01:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.005%
Price spread now: dYdX against Variational Omni+0.026%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now +0.026%, 7d avg +0.059%
=Together, before fees+0.250%+ Points / potential airdropVariational Omni: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.033% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.059%). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.016% in total) that is about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEC | 1,468.2 | −0.0056 | get 0.0056% / 8h | 7h 34m | $47.6M | $34.2M | — |
| Short | dYdX ZEC-USD | 1,468.6 | 0 | get 0.0000% / 1h | 34m 29s | $414K | $104K | 5x |
Variational Omni ZEC
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $11.72
- Price spread: +0.026% → +0.059%
- −$3.25
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$1.53
- Costs to cover
- 0.100%
- Break-even
- 7.9 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; dYdX: live order book, 40 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, 5 min ago | 2.86 bp | doesn't fit | 4.4 bp −$44 | 8.3 bp −$830 | doesn't fit |
| Sell dYdX live order book, 40 min ago | 36.13 bp | 43.2 bp −$43 | 54.7 bp −$547 | 226.8 bp −$22.7K | 663.6 bp −$331.8K |
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 | −0.3321% | 1h | 1,470.8 | +0.176% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,468.7 | +0.035% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0150% | 1h | 1,468 | −0.012% | $399K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,468.9 | +0.047% | $29.7M | $73.2M | 75x | as long as short |
| Bybit ZECUSDT | −0.0099% | 8h | 1,468.7 | +0.032% | $273.9M | $636.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.4 | +0.081% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEClong | −0.0056% | 8h | 1,468.2 | long leg | $47.6M | $34.2M | — | |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,468.6 | +0.026% | $414K | $104K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.9 | +0.052% | $957K | $5.3M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.4 | +0.081% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.2 | +0.068% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,468.6 | +0.027% | $293K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,469.3 | +0.077% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0045% | 8h | 1,468.8 | +0.040% | $181.8M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.9 | +0.182% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,468.6 | +0.030% | $377K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.2 | +0.068% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.2 | +0.072% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.2 | +0.071% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.4 | +0.081% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.3 | +0.145% | $762.5M | $454.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.9 | +0.047% | $14.9M | $31.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.3 | +0.076% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.2 | +0.067% | $683.6M | $2.38B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.5 | +0.160% | $701K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471 | +0.191% | $895K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.2 | +0.066% | $51.2M | $179.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469 | +0.057% | $230.8M | $825.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.2 | +0.068% | $104.9M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469 | +0.057% | $163.4M | $293.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.4 | +0.014% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.6 | +0.164% | $572K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471.5 | +0.228% | $3.0M | $466K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470 | +0.121% | $430K | $860K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.9 | +0.051% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.8 | +0.042% | $332K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469 | +0.059% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.8 | −0.095% | $457K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.9 | +0.186% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468.5 | +0.023% | $242K | $4.0M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,468 | −0.010% | $2.5M | $21.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.4 | +0.081% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.1 | +0.066% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,468.2 | +0.002% | $58K | $183K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0111% | 1h | 1,469.3 | +0.078% | $604K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0184% | 1h | 1,470.5 | +0.159% | $19.2M | $50.4M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,469.8 | +0.113% | $850K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,469.8 | +0.107% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0528% | 1h | 1,469.1 | +0.061% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0764% | 1h | 1,470.6 | +0.164% | $43K | $47K | 10x | as long as short |
| Lighter RH ZEC | +0.0776% | 1h | 1,470.8 | +0.181% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC