ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h −0.014%

Price spread now: Orderly against Binance+0.115%7-day average +0.015% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)+0.578%+$58 · spread now +0.115%, 7d avg +0.015%

Together, before fees+0.479%+$48 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.100% dearer against Binance than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.015%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZECUSDT	1,449.6	0.0100	pay 0.0100% / 8h	2h 36m	$659.7M	$2.53B	75x
Short	Orderly PERP_ZEC_USDC	1,451.3	0.0013	get 0.0013% / 8h	2h 36m	$291K	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.115%Rate

Funding earned: −$18.28
Price spread: +0.115% → +0.015%: $10.01
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$24.27
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; Orderly: 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, 7 min ago	0.03 bp	5.4 bp −$5	8.0 bp −$80	16.5 bp −$1,653	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.3476%	1h	1,438.1	−0.795%	$33K	$275K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,451.1	+0.102%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0072%	1h	1,451.1	+0.104%	$17.7M	$44.3M	25x	as long as short
BloFin ZEC-USDT	−0.0066%	8h	1,451.6	+0.135%	$28.8M	$74.8M	75x	as long as short
Variational Omni ZEC	−0.0017%	8h	1,451.4	+0.121%	$45.5M	$32.1M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,452.2	+0.179%	$409K	$106K	5x	as long as short
Bybit ZECUSDT	0.0000%	8h	1,449.1	−0.039%	$268.4M	$675.4M	75x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,452.4	+0.188%	$899K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,451.8	+0.146%	$82K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,451.9	+0.154%	$591K	$1.3M	25x	as long as short

Show 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	1,451.3	+0.117%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDCshort	+0.0013%	8h	1,451.3	+0.115%	$291K	$1.5M	20x
GMX ZEC/USD [WBTC.b-USDC]	L +0.0032% / S +0.0069%	1h	1,451.1	+0.098%	$544K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0053%	8h	1,449.2	−0.032%	$171.9M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0068%	8h	1,451	+0.096%	$49.1M	$186.7M	75x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,452.6	+0.202%	$8K	$8K	5x	as long as short
Aster ZECUSDT	+0.0073%	8h	1,451.2	+0.107%	$15.2M	$34.6M	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0082%	1h	1,451	+0.094%	$394K	$519K	5x	as long as short
Katana Perps ZEC-USD	+0.0094%	8h	1,452.2	+0.179%	$13K	$872K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,452.6	+0.203%	$18.7M	$54.0M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,452.3	+0.180%	$178K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,450.9	+0.087%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,451.3	+0.111%	$3.0M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,451.8	+0.149%	$751.6M	$489.4M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,452.2	+0.175%	$1.6M	$3.1M	10x	as long as short
Binance ZECUSDTlong	+0.0100%	8h	1,449.6	long leg	$659.7M	$2.53B	75x
Bulk ZEC-USD	+0.0100%	1h	1,452.5	+0.197%	$895K	$33K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,449.5	−0.010%	$220.1M	$887.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,449.4	−0.016%	$103.4M	$56.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,449.3	−0.023%	$161.3M	$312.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,449.5	−0.009%	—	$105.2M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,451.7	+0.139%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,450.9	+0.087%	$487K	$9.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,452.1	+0.171%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,451.9	+0.156%	$706K	$607K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,451	+0.093%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,451.5	+0.128%	$297K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,451.5	+0.127%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,449.9	+0.020%	$441K	$493K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,454.3	+0.324%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,451.3	+0.114%	$220K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,452.1	+0.167%	$2.4M	$24.8M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,451.5	+0.130%	$3.7M	$5.3M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.3	+0.186%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,449.5	−0.011%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.4	+0.119%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,452.8	+0.215%	$863K	$2.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,453.4	+0.262%	$3.7M	$11.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0446%	1h	1,452.4	+0.188%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,454.1	+0.311%	$754K	$7.9M	10x	as long as short
Lighter RH ZEC	+0.0744%	1h	1,453.5	+0.268%	$1.9M	$8.4M	10x	as long as short