Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.96 per $10,000 · paid last 24h +0.004%
Price spread now: Bybit against Aster+0.007%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 5 days (all we have)+0.201%+$20 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.007%, 7d avg +0.017%
=Together, before fees+0.215%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.201%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZECUSDT | 1,454.7 | 0.0094 | pay 0.0094% / 8h | 2h 17m | $15.3M | $34.4M | 75x |
| Short | Bybit ZECUSDT | 1,454.8 | −0.0003 | pay 0.0003% / 8h | 2h 17m | $268.1M | $677.4M | 75x |
Aster ZECUSDT
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$20.18
- Price spread: +0.007% → +0.017%
- −$1.04
- Slippage, 4 orders
- −$3.19
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.41
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from Aster: live order book, 1 min ago; Bybit: live order book, 2 min ago.
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 Aster live order book, 1 min ago | 0.55 bp | 4.8 bp −$5 | 7.9 bp −$79 | 25.7 bp −$2,572 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.03 bp | 6.7 bp −$7 | 8.3 bp −$83 | 15.1 bp −$1,510 | 31.1 bp −$15.5K |
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 | −1.479% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,456.6 | +0.135% | $28.7M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455 | +0.021% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,455.4 | +0.050% | $17.7M | $44.6M | 25x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | −0.0004% | 1h | 1,456 | +0.089% | $592K | $1.3M | 25x | as long as short |
| Bybit ZECUSDTshort | −0.0003% | 8h | 1,454.8 | +0.007% | $268.1M | $677.4M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.5 | −0.009% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,456.6 | +0.137% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,455.8 | +0.076% | $83K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.2 | +0.104% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Deribit ZEC_USDC-PERPETUAL
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | +0.0008% | 8h | 1,455.6 | +0.064% | $45.8M | $33.2M | — | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,455.4 | +0.047% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0021% / S +0.0071% | 1h | 1,455.8 | +0.076% | $556K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,455.7 | +0.074% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,454.8 | +0.010% | $173.2M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0073% | 8h | 1,454.9 | +0.013% | $49.4M | $190.5M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0079% | 1h | 1,452.8 | −0.128% | $395K | $520K | 5x | as long as short |
| Aster ZECUSDTlong | +0.0094% | 8h | 1,454.7 | long leg | $15.3M | $34.4M | 75x | |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,455.6 | +0.067% | $13K | $872K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,456.1 | +0.102% | $18.8M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,455.4 | +0.049% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.8 | +0.009% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.7 | +0.138% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,455.1 | +0.032% | $751.9M | $494.5M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.2 | +0.036% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,455.4 | +0.049% | $663.9M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.8 | +0.010% | $216.7M | $897.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454.6 | −0.008% | $102.9M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,454.8 | +0.010% | $161.1M | $313.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,455.3 | +0.043% | — | $101.3M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,455.8 | +0.078% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.9 | +0.154% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.7 | +0.142% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457 | +0.160% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.3 | +0.181% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,455.3 | +0.044% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,455.2 | +0.039% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,454.2 | −0.031% | $442K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.4 | +0.190% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455.4 | +0.048% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,456.3 | +0.113% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.1 | +0.096% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.023% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,455.5 | +0.060% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.3 | +0.046% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,455.6 | +0.061% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,455.9 | +0.088% | $861K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,457.9 | +0.221% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0454% | 1h | 1,456.6 | +0.135% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,457 | +0.158% | $749K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0632% | 1h | 1,456.7 | +0.141% | $1.9M | $8.5M | 10x | as long as short |
Variational Omni ZEC
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
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
Derive ZEC-PERP
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
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC