Funding you earn now, next payment 00:00 UTC−0.0207%/8h= −22.6% APRnext payment −$2.07 per $10,000 · paid last 24h −0.061%
Price spread now: BloFin against Binance−0.014%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)+0.228%+$23 · spread now −0.014%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.031% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.017%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.07 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,472.6 | 0.0100 | pay 0.0100% / 8h | 5m 18s | $683.6M | $2.45B | 75x |
| Short | BloFin ZEC-USDT | 1,472.4 | −0.0107 | pay 0.0107% / 8h | 5m 18s | $29.6M | $74.8M | 75x |
Binance ZECUSDT
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$43.39
- Price spread: −0.014% → +0.017%
- −$3.1
- Slippage, 4 orders
- −$0.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$68.62
- Costs to cover
- 0.221%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 4 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, 9 min ago | 0.03 bp | 5.0 bp −$5 | 7.1 bp −$71 | 15.6 bp −$1,561 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.03 bp | 6.0 bp −$6 | 8.1 bp −$81 | 15.9 bp −$1,591 | doesn't fit |
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 | −0.3089% | 1h | 1,473.7 | +0.079% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0262% | 1h | 1,471.7 | −0.058% | $399K | $521K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.7 | +0.010% | $17.9M | $43.9M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,471.9 | −0.043% | $274.9M | $650.5M | 75x | as long as short |
| BloFin ZEC-USDTshort | −0.0107% | 8h | 1,472.4 | −0.014% | $29.6M | $74.8M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.6 | −0.064% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0062% | 8h | 1,470.9 | −0.113% | $47.7M | $34.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.7 | −0.057% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.6 | +0.001% | $959K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.9 | −0.046% | $84K | $406K | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl 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 | 1,472.8 | +0.016% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,471.8 | −0.049% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,472.5 | −0.003% | $295K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.2 | +0.043% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0035% | 1h | 1,472.7 | +0.010% | $432K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,472.3 | −0.018% | $181.6M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0048% | 8h | 1,472.4 | −0.009% | $51.2M | $187.9M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,472.7 | +0.013% | $372K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,474.2 | +0.112% | $19.2M | $52.6M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.1 | −0.033% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,472.5 | −0.004% | $19K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.5 | −0.074% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472 | −0.035% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.7 | +0.077% | $763.4M | $472.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.2 | −0.028% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.1 | −0.029% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,472.6 | long leg | $683.6M | $2.45B | 75x | |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.037% | $698K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.015% | $896K | $38K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.5 | −0.007% | $228.5M | $846.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.5 | −0.072% | $104.5M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.4 | −0.010% | $163.7M | $300.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,471.6 | −0.065% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472.1 | −0.029% | $513K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.4 | +0.126% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.014% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.1 | −0.031% | $335K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.024% | $127K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.9 | −0.112% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.6 | +0.137% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.4 | −0.008% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.2 | −0.090% | $2.5M | $22.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.1 | +0.035% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.9 | +0.026% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472.5 | −0.003% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,472.3 | −0.019% | $836K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0140% | 1h | 1,473.5 | +0.066% | $615K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0397% | 1h | 1,472.1 | −0.033% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.2 | +0.112% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0440% | 1h | 1,473.7 | +0.077% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0767% | 1h | 1,473.9 | +0.090% | $46K | $47K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Arcus ZEC-USD
Bulk 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
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD