Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.34 per $10,000 · paid last 24h −0.008%
Price spread now: Aster against Binance−0.170%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$210.206% of the position
Funding, last 5 days (all we have)−0.063%−$6 on $10k
+Price spread, last 7 days+0.145%+$14 · spread now −0.170%, 7d avg −0.020%
=Together, before fees+0.082%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.151% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,454.9 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $660.7M | $2.53B | 75x |
| Short | Aster ZECUSDT | 1,452.4 | 0.0066 | get 0.0066% / 8h | 2h 40m | $15.3M | $34.7M | 75x |
Binance ZECUSDT
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$7.04
- Price spread: −0.170% → −0.020%
- −$15.05
- Slippage, 4 orders
- −$2.65
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$42.74
- Costs to cover
- 0.206%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; Aster: live order book, 3 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 Binance live order book, 4 min ago | 0.03 bp | 5.4 bp −$5 | 8.0 bp −$80 | 16.5 bp −$1,653 | doesn't fit |
| Sell Aster live order book, 3 min ago | 0.62 bp | 5.4 bp −$5 | 6.0 bp −$60 | 19.8 bp −$1,977 | 115.4 bp −$57.7K |
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 | 1,438.1 | −1.151% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.8 | −0.214% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.3 | −0.242% | $17.7M | $44.4M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,451.4 | −0.241% | $29.0M | $74.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0017% | 8h | 1,451.4 | −0.238% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0005% | 8h | 1,454.2 | −0.045% | $268.9M | $673.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.8 | −0.210% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,452.6 | −0.156% | $844K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,450.7 | −0.287% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,452 | −0.197% | $565K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow 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 | 1,451.9 | −0.202% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0012% | 8h | 1,451.6 | −0.223% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0034% / S +0.0068% | 1h | 1,451.8 | −0.213% | $544K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0047% | 8h | 1,454.7 | −0.011% | $171.8M | $1.36B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0059% | 1h | 1,449.7 | −0.355% | $394K | $516K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,453.2 | −0.112% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0064% | 8h | 1,452.7 | −0.150% | $49.2M | $186.3M | 75x | as long as short |
| Aster ZECUSDTshort | +0.0066% | 8h | 1,452.4 | −0.170% | $15.3M | $34.7M | 75x | |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.7 | −0.010% | $17K | $867K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,453.4 | −0.103% | $18.7M | $54.0M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.8 | −0.004% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.2 | −0.115% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.1 | −0.051% | $3.0M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453 | −0.130% | $751.4M | $495.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,452.9 | −0.131% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,454.9 | long leg | $660.7M | $2.53B | 75x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | −0.162% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,453 | −0.131% | $220.3M | $885.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.8 | −0.144% | $103.7M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,454 | −0.058% | $161.9M | $313.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.9 | −0.205% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.8 | −0.142% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,451.7 | −0.218% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,453 | −0.126% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.9 | −0.205% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452 | −0.195% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.1 | −0.052% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.233% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.4 | −0.310% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,453.7 | −0.078% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.5 | −0.232% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451 | −0.265% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.3 | −0.245% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.9 | −0.137% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.6 | −0.225% | $36K | $362K | 20x | as long as short |
| Extended ZEC-USD | +0.0112% | 1h | 1,453 | −0.130% | $3.3M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,453.5 | −0.095% | $864K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,453.4 | −0.101% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0449% | 1h | 1,452.8 | −0.143% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.9 | +0.003% | $755K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,454.3 | −0.038% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Phoenix ZEC
Aevo ZEC-PERP
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC