Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Derive against Binance−0.062%7-day average −0.067% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.062%, 7d avg −0.067%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,494.2 | 0.0100 | pay 0.0100% / 8h | 23m 57s | $700.0M | $2.30B | 75x |
| Short | Derive ZEC-PERP | 1,493.3 | 0.0100 | get 0.0013% / 1h | 23m 57s | $456K | $469K | 6.7x |
Binance ZECUSDT
Derive ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $0
- Price spread: −0.062% → −0.067%
- $0.51
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$15.49
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; 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 Binance live order book, 5 min ago | 0.03 bp | 5.2 bp −$5 | 7.5 bp −$75 | 12.9 bp −$1,286 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
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 | −0.3442% | 1h | 1,478.8 | −1.029% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,491.6 | −0.174% | $61K | $303K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.6 | −0.174% | $31.2M | $75.4M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0100% | 1h | 1,494.2 | +0.001% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,494.2 | +0.003% | $6K | $1K | 10x | as long as short |
| Bulk ZEC-USD | −0.0053% | 1h | 1,491.1 | −0.205% | $858K | $48K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,492 | −0.147% | $415K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,494 | −0.011% | $1.5M | $4.4M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,493.3 | −0.061% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,495.7 | +0.101% | $17.9M | $47.1M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Bulk ZEC-USD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0031% | 1h | 1,495.2 | +0.067% | $408K | $554K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,494.2 | 0.000% | $301K | $917K | 20x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,494.2 | +0.001% | $4.8M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0096% | 1h | 1,492.4 | −0.119% | $8K | $6K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,492.2 | −0.131% | $175K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,492.1 | −0.142% | $17K | $881K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,492.3 | −0.129% | $62K | $20K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.1 | −0.072% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,495.2 | +0.069% | $781.2M | $438.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,493.8 | −0.029% | $14.0M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,493 | −0.081% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,494.2 | long leg | $700.0M | $2.30B | 75x | |
| Bybit ZECUSDT | +0.0100% | 8h | 1,494 | −0.013% | $268.4M | $617.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,494.2 | 0.000% | $184.1M | $1.33B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,494.1 | −0.005% | $56.5M | $185.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,494.1 | −0.005% | $239.5M | $801.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,494.4 | +0.014% | $102.7M | $56.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,494.2 | 0.000% | $161.4M | $288.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,493.4 | −0.055% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,492.9 | −0.088% | $48.8M | $34.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.7 | +0.034% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,494.6 | +0.030% | $3.1M | $514K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,496.1 | +0.127% | $412K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,494.1 | −0.008% | $55K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,492.2 | −0.134% | $357K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,493.2 | −0.064% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,493.3 | −0.062% | $456K | $469K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,494.3 | +0.010% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,495 | +0.053% | $253K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,493 | −0.080% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,494.8 | +0.038% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,494.2 | 0.000% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,494.5 | +0.020% | $43K | $151K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,492.3 | −0.124% | $939K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0136% | 1h | 1,495.7 | +0.099% | $2.1M | $7.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0144% / S −0.0141% | 1h | 1,493.3 | −0.063% | $332K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0178% | 1h | 1,495.5 | +0.086% | $683K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0208% | 1h | 1,496.8 | +0.172% | $19.8M | $45.6M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,493.5 | −0.048% | $622K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,495.4 | +0.079% | $3.7M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0537% | 1h | 1,494.9 | +0.048% | $2.3M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
Phoenix ZEC
01 Exchange ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter RH ZEC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP