Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SoDEX against Binance−0.260%7-day average +0.008% · 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−$48as in the Price arb table
costs, in and out, $10k−$210.215% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)+0.948%+$95 · spread now −0.260%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.268% cheaper against Binance than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,457.1 | 0.0100 | pay 0.0100% / 8h | 2h 28m | $664.2M | $2.53B | 75x |
| Short | SoDEX ZEC-USD | 1,453.3 | 0.0100 | get 0.0013% / 1h | 28m 43s | $221K | $4.7M | 10x |
Binance ZECUSDT
SoDEX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.260% → +0.008%
- −$26.78
- Slippage, 4 orders
- −$3.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$48.23
- Costs to cover
- 0.215%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; SoDEX: live order book, 5 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, 15 min ago | 0.03 bp | 5.4 bp −$5 | 8.0 bp −$80 | 16.5 bp −$1,653 | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.55 bp | 5.0 bp −$5 | 15.0 bp −$150 | doesn't fit | 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 | −0.3476% | 1h | 1,433.1 | −1.642% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0092% | 8h | 1,453.5 | −0.247% | $29.0M | $75.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.1 | −0.066% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,453.1 | −0.273% | $17.7M | $44.7M | 25x | as long as short |
| Variational Omni ZEC | −0.0001% | 8h | 1,443 | −0.962% | $45.4M | $32.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.9 | +0.058% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.6 | −0.168% | $913K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.5 | −0.244% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0004% | 1h | 1,454.3 | −0.187% | $592K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,453.5 | −0.247% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0012% | 8h | 1,456.3 | −0.053% | $268.1M | $675.6M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,453.6 | −0.237% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0027% / S +0.0072% | 1h | 1,453.1 | −0.274% | $546K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,457 | −0.002% | $172.7M | $1.36B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,455.9 | −0.082% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0079% | 8h | 1,457 | −0.007% | $49.4M | $189.7M | 75x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,456.7 | −0.024% | $15.4M | $34.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,456.1 | −0.065% | $13K | $873K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.2 | +0.078% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.5 | −0.042% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.6 | −0.031% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.3 | −0.188% | $2.4M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.4 | +0.023% | $753.0M | $495.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457.4 | +0.023% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,457.1 | long leg | $664.2M | $2.53B | 75x | |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,441.6 | −1.061% | $392K | $516K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.827% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.1 | +0.001% | $218.4M | $893.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.3 | +0.015% | $103.6M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.9 | −0.010% | $161.3M | $313.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,457.3 | +0.017% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,454.5 | −0.179% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,444.1 | −0.889% | $485K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,445.8 | −0.776% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,445.6 | −0.785% | $702K | $608K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.5 | −0.454% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452.9 | −0.286% | $350K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.9 | −0.283% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.1 | −0.340% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.2 | −0.127% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USDshort | +0.0100% | 1h | 1,453.3 | −0.260% | $221K | $4.7M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.3 | −0.256% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,453.9 | −0.217% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.1 | −0.343% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.3 | +0.019% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,453.6 | −0.241% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.3 | +0.014% | $870K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,455.4 | −0.114% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0459% | 1h | 1,449.7 | −0.508% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,458.7 | +0.113% | $754K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0680% | 1h | 1,460.1 | +0.206% | $2.0M | $8.5M | 10x | as long as short |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
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
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Ondo Perps ZEC-USD.P
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
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC