Funding you earn now, next payment 21:20 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Perpl against Binance−0.103%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)+0.707%+$71 · spread now −0.103%, 7d avg −0.034%
=Together, before fees+0.791%+ Points / potential airdropPerpl: Active · farm board+$79 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.070% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,450.8 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $658.8M | $2.53B | 75x |
| Short | Perpl ZEC | 1,449.3 | 0 | get 0.0000% / 43m | 25m 59s | $82K | $401K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$21
- Price spread: −0.103% → −0.034%
- −$6.96
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$51.76
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 min ago; Perpl: 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 | 5.4 bp −$5 | 8.0 bp −$80 | 16.5 bp −$1,653 | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.876% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.3 | +0.242% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.1 | +0.016% | $17.7M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,450.7 | −0.006% | $28.9M | $74.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0017% | 8h | 1,451.4 | +0.039% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0004% | 8h | 1,450.1 | −0.054% | $268.7M | $675.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451 | +0.010% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,451.2 | +0.024% | $899K | $5.6M | 2.2x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,449.3 | −0.103% | $82K | $401K | 10x | |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,451.7 | +0.062% | $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 | 1,450.6 | −0.019% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0012% | 8h | 1,451.4 | +0.037% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0033% / S +0.0068% | 1h | 1,450 | −0.055% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0051% | 8h | 1,450.8 | −0.002% | $171.9M | $1.35B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0064% | 1h | 1,450.7 | −0.009% | $394K | $518K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,450.3 | −0.037% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0065% | 8h | 1,450.7 | −0.012% | $49.0M | $186.5M | 75x | as long as short |
| Aster ZECUSDT | +0.0069% | 8h | 1,451 | +0.008% | $15.2M | $34.7M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,449.8 | −0.071% | $17K | $867K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,452.1 | +0.086% | $18.7M | $54.0M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,449.8 | −0.069% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450 | −0.058% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,449.8 | −0.069% | $3.0M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452 | +0.081% | $751.5M | $489.0M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,450.6 | −0.019% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,450.8 | long leg | $658.8M | $2.53B | 75x | |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.115% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,451.1 | +0.021% | $219.4M | $886.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,450.7 | −0.011% | $103.4M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,451 | +0.012% | $161.5M | $313.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,450.6 | −0.013% | — | $105.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,451.2 | +0.023% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,451.4 | +0.037% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.1 | +0.089% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.9 | +0.074% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.2 | +0.232% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.9 | −0.064% | $297K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | −0.068% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,449.6 | −0.085% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,452.2 | +0.092% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,451.3 | +0.034% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,450.3 | −0.039% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.1 | −0.051% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.9 | +0.141% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,451 | +0.011% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.4 | +0.041% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,450.5 | −0.024% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,452.3 | +0.102% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0449% | 1h | 1,452.6 | +0.125% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,452.3 | +0.103% | $750K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,453 | +0.147% | $1.9M | $8.4M | 10x | as long as short |
Binance ZECUSDT
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Lighter RH ZEC