Funding you earn now, next payment 02:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h +0.142%
Price spread now: Aftermath Perps against Backpack+0.112%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aftermath Perps is 0.112% dearer against Backpack than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ZEC_USDC_PERP | 1,470.7 | 0.0449 | pay 0.0056% / 1h | 11m 18s | $2.5M | $4.0M | 15x |
| Short | Aftermath Perps ZECUSD | 1,472.4 | 0.0737 | get 0.0092% / 1h | 11m 18s | $44K | $46K | 10x |
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Backpack. 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
- $60.49
- Price spread: +0.112% → 0.000%
- $11.22
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- $52.71
- Costs to cover
- 0.190%
- Break-even
- 0.9 days
Slippage unknown: Backpack: live order book, 3 min ago; Aftermath 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 Backpack live order book, 3 min ago | 0.03 bp | 5.7 bp −$6 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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 50 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 | −0.3678% | 1h | 1,456 | −0.998% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.5 | −0.013% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0036% | 1h | 1,472 | +0.088% | $399K | $514K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,471.2 | +0.033% | $18.1M | $43.8M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,470.4 | −0.023% | $414K | $53K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.1 | +0.026% | $975K | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470.2 | −0.034% | $84K | $252K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471.1 | +0.029% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0031% | 8h | 1,471.4 | +0.044% | $294K | $998K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,471.3 | +0.038% | $384K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | +0.0062% | 8h | 1,470.6 | −0.007% | $48.0M | $32.7M | — | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,470.3 | −0.031% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,471.5 | +0.052% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0094% | 8h | 1,470.6 | −0.010% | $181.3M | $1.26B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.4 | −0.024% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,470 | −0.051% | $9K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.2 | −0.032% | $61K | $40K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.5 | −0.012% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472 | +0.088% | $766.8M | $443.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471 | +0.018% | $14.8M | $30.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.7 | −0.002% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.9 | +0.014% | $680.6M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.7 | −0.003% | $271.7M | $613.8M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.140% | $894K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471 | +0.020% | $50.1M | $176.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.1 | +0.029% | $216.8M | $801.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.2 | +0.033% | $103.4M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.4 | +0.045% | $163.4M | $281.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.3 | −0.027% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.8 | +0.005% | $573K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.8 | +0.005% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,471.1 | +0.029% | $428K | $895K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.2 | +0.031% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470.7 | −0.001% | $346K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.1 | +0.025% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.1 | −0.043% | $457K | $511K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.9 | +0.150% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471 | +0.020% | $242K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.002% | $2.5M | $18.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471.6 | +0.061% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471 | +0.022% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.9 | +0.013% | $48K | $162K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0185% | 1h | 1,471.7 | +0.066% | $612K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,472.4 | +0.117% | $19.2M | $48.2M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,472 | +0.085% | $695K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,473 | +0.152% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,470.7 | −0.001% | $862K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERPlong | +0.0449% | 1h | 1,470.7 | long leg | $2.5M | $4.0M | 15x | |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,472.1 | +0.093% | $3.6M | $9.3M | 50x | as long as short |
| Aftermath Perps ZECUSDshort | +0.0737% | 1h | 1,472.4 | +0.112% | $44K | $46K | 10x |
Variational Omni ZEC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
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
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX