Funding you earn now, next payment 22:00 UTC−0.0364%/8h= −39.8% APRnext payment −$0.45 per $10,000 · paid last 24h −0.163%
Price spread now: Derive against Aftermath Perps−0.071%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Derive is 0.071% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps ZECUSD | 1,457.2 | 0.0464 | pay 0.0058% / 1h | 14m 53s | $40K | $34K | 10x |
| Short | Derive ZEC-PERP | 1,456.2 | 0.0100 | get 0.0013% / 1h | 14m 53s | $443K | $498K | 6.7x |
Aftermath Perps ZECUSD
Derive ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Aftermath 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
- −$76.36
- Price spread: −0.071% → 0.000%
- −$7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$98.44
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Derive: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
Aftermath Perps and Derive: 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 | −0.3476% | 1h | 1,433.1 | −1.651% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,457.2 | −0.004% | $28.7M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,457.1 | −0.008% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,457.4 | +0.014% | $17.7M | $44.6M | 25x | as long as short |
| Bybit ZECUSDT | −0.0004% | 8h | 1,456.2 | −0.071% | $268.8M | $677.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.2 | −0.001% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.6 | +0.099% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457 | −0.015% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,458 | +0.056% | $593K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0002% | 8h | 1,456.6 | −0.042% | $45.6M | $33.4M | — | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Variational Omni 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 | 1,457.7 | +0.037% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,457.4 | +0.016% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0019% / S +0.0072% | 1h | 1,457.6 | +0.026% | $557K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,457.8 | +0.040% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,456.8 | −0.030% | $173.8M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0072% | 8h | 1,456.9 | −0.021% | $49.3M | $190.8M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,452.8 | −0.302% | $395K | $519K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,457.3 | +0.004% | $15K | $871K | 10x | as long as short |
| Aster ZECUSDT | +0.0095% | 8h | 1,457.5 | +0.019% | $15.3M | $34.1M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.9 | +0.118% | $18.8M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.2 | −0.003% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.3 | +0.005% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457.7 | +0.031% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.4 | +0.082% | $754.1M | $495.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457.7 | +0.036% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.2 | 0.000% | $665.3M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.2 | −0.002% | $217.5M | $898.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457 | −0.012% | $103.1M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.1 | −0.004% | $161.3M | $312.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.1 | −0.004% | — | $101.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,458.3 | +0.073% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.2 | −0.138% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.7 | −0.032% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.7 | −0.036% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.9 | +0.046% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.9 | −0.021% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.3 | +0.005% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,456.2 | −0.071% | $443K | $498K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.5 | +0.160% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.4 | +0.012% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.2 | −0.004% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.5 | +0.022% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.152% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,457.5 | +0.020% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.7 | +0.033% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.5 | +0.018% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.9 | +0.050% | $863K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,459.2 | +0.140% | $3.8M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSDlong | +0.0464% | 1h | 1,457.2 | long leg | $40K | $34K | 10x | |
| Arcus ZEC-USD | +0.0518% | 1h | 1,458.8 | +0.111% | $750K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0616% | 1h | 1,459.6 | +0.161% | $1.9M | $8.5M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Aster ZECUSDT
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Lighter RH ZEC