Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.017%
Price spread now: dYdX against Bitget+0.061%53s7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1071.067% of the position
Funding, last 7 days+0.338%+$34 on $10k
+Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.061%, 7d avg +0.003%
=The price spread pays, funding is against you. dYdX is 0.059% dearer against Bitget than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours. Mind the row above: over the last 7 days funding on this pair paid +0.338%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ZECUSDT | 1,454 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $162.0M | $316.8M | 75x |
| Short | dYdX ZEC-USD | 1,454.8 | 0 | get 0.0000% / 1h | 49m 50s | $410K | $106K | 5x |
Bitget ZECUSDT
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bitget. 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: +0.061% → +0.003%
- $5.86
- Slippage, 4 orders
- −$84.73
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$121.87
- Costs to cover
- 1.067%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; dYdX: live order book, 39 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 Bitget live order book, 4 min ago | 0.03 bp | 7.1 bp −$7 | 11.6 bp −$116 | 15.6 bp −$1,560 | doesn't fit |
| Sell dYdX live order book, 39 min ago | 41.05 bp | 46.1 bp −$46 | 59.4 bp −$594 | 324.7 bp −$32.5K | 1363.2 bp −$681.6K |
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 | 1,437.6 | −1.124% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,452.5 | −0.100% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,454.1 | +0.012% | $17.6M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,453.2 | −0.051% | $28.9M | $75.9M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,451.7 | −0.155% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0009% | 8h | 1,453.5 | −0.030% | $269.4M | $677.0M | 75x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,454.8 | +0.061% | $410K | $106K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.9 | +0.068% | $849K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.9 | +0.062% | $83K | $400K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.3 | +0.025% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0008% | 8h | 1,454.5 | +0.036% | $292K | $1.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0017% | 1h | 1,455.2 | +0.088% | $567K | $1.3M | 25x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,454 | +0.005% | $172.4M | $1.37B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0065% | 1h | 1,453.7 | −0.019% | $544K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0055% | 8h | 1,454.5 | +0.039% | $15.3M | $35.2M | 75x | as long as short |
| Gate ZEC_USDT | +0.0067% | 8h | 1,454.1 | +0.010% | $49.1M | $185.5M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,455 | +0.069% | $8K | $8K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.8 | +0.061% | $17K | $886K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,455.5 | +0.108% | $18.8M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.7 | +0.050% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,455 | +0.070% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.1 | +0.076% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,454.5 | +0.038% | $752.0M | $493.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.2 | +0.083% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,454.1 | +0.011% | $659.6M | $2.55B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449.8 | −0.285% | $394K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.069% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.4 | +0.030% | $219.2M | $881.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454.5 | +0.041% | $103.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDTlong | +0.0100% | 8h | 1,454 | long leg | $162.0M | $316.8M | 75x | |
| BingX ZEC-USDC | +0.0100% | 8h | 1,453.1 | −0.058% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,455 | +0.074% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | −0.038% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | −0.071% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.1 | +0.008% | $707K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.6 | −0.091% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.8 | +0.058% | $299K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,453.6 | −0.027% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.9 | −0.073% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.7 | +0.259% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.2 | +0.015% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455 | +0.072% | $2.4M | $25.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,454 | +0.001% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | −0.117% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.1 | +0.013% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,455.7 | +0.118% | $864K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0288% | 1h | 1,455 | +0.072% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,456.8 | +0.197% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0462% | 1h | 1,454 | +0.005% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,457.1 | +0.215% | $756K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0680% | 1h | 1,456.4 | +0.171% | $1.9M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUAL
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC