Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.024%
Price spread now: Katana Perps against Variational Omni−0.109%7-day average +0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 7 days+0.141%+$14 · spread now −0.109%, 7d avg +0.034%
=Together, before fees+0.164%+ Points / potential airdropVariational Omni: Active · farm board+$16 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: Katana Perps is 0.143% cheaper against Variational Omni than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZEC | 1,506.9 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $49.9M | $35.9M | — |
| Short | Katana Perps ZEC-USD | 1,505.3 | 0.0100 | get 0.0100% / 8h | 7h 34m | $16K | $898K | 10x |
Variational Omni ZEC
Katana Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Katana Perps 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
- −$0.04
- Price spread: −0.109% → +0.034%
- −$14.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Katana Perps: 1.9 bp × 2 orders
- −$3.8
- Net
- −$18.11
- Costs to cover
- 0.038%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Katana Perps: no order-book sample. 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 | 2.75 bp | doesn't fit | 7.1 bp −$71 | 17.5 bp −$1,747 | doesn't fit |
| Sell Katana Perps no order-book sample | — | — | — | — | — |
Katana 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 | −0.3702% | 1h | 1,491.4 | −1.030% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,505.4 | −0.100% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0184% | 1h | 1,508.9 | +0.131% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,506.2 | −0.047% | $31.8M | $76.6M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | −0.027% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,506.7 | −0.017% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,505.1 | −0.122% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,507.6 | +0.045% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,506.4 | −0.039% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,506.5 | −0.032% | $18.3M | $47.6M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,505.6 | −0.089% | $8K | $6K | 5x | as long as short |
| Gate ZEC_USDT | +0.0074% | 8h | 1,505 | −0.130% | $60.6M | $185.3M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,509.3 | +0.153% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,506.1 | −0.058% | $304K | $861K | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0095% | 1h | 1,507.1 | +0.010% | $414K | $952K | 50x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,506.6 | −0.025% | $19.5M | $44.8M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,506.7 | −0.018% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.5 | −0.099% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.4 | −0.105% | $62K | $17K | 10x | as long as short |
| Katana Perps ZEC-USDshort | +0.0100% | 8h | 1,505.3 | −0.109% | $16K | $898K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,507.7 | +0.053% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506.2 | −0.050% | $788.6M | $445.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,504.8 | −0.139% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.8 | −0.079% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.7 | −0.083% | $711.6M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,505 | −0.130% | $269.8M | $624.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,505.4 | −0.100% | $185.4M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,505 | −0.129% | $411K | $553K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,506.2 | −0.047% | $609K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.6 | −0.091% | $407.4M | $833.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.4 | −0.105% | $102.9M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.9 | −0.071% | $162.9M | $295.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,504.2 | −0.184% | — | $6.7M | — | as long as short |
| Variational Omni ZEClong | +0.0100% | 8h | 1,506.9 | long leg | $49.9M | $35.9M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.2 | +0.083% | $556K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.5 | −0.027% | $3.1M | $533K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,506.6 | −0.026% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,505.8 | −0.076% | $374K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,506.6 | −0.025% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,506.3 | −0.046% | $450K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.1 | +0.212% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,506.1 | −0.055% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,507.1 | +0.010% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,506.3 | −0.046% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,505.1 | −0.124% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,506.1 | −0.057% | $45K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,505.2 | −0.114% | $966K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0158% / S −0.0162% | 1h | 1,506.2 | −0.053% | $334K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0188% | 1h | 1,507.2 | +0.018% | $690K | $1.4M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,509 | +0.134% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0397% | 1h | 1,506.6 | −0.021% | $2.4M | $3.8M | 15x | as long as short |
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP