Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.48 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Bitget−0.023%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.023%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.021% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.061%, 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 | Bitget ZECUSDT | 1,460.6 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $161.6M | $310.7M | 75x |
| Short | OKX ZEC-USDT-SWAP | 1,460.3 | 0.0052 | get 0.0052% / 8h | 1h 53m | $175.2M | $1.37B | 50x |
Bitget ZECUSDT
OKX ZEC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.11
- Price spread: −0.023% → −0.001%
- −$2.14
- Slippage, 4 orders
- −$4.38
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$38.64
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; OKX: 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 Bitget live order book, 5 min ago | 0.03 bp | 7.2 bp −$7 | 11.1 bp −$111 | 18.6 bp −$1,856 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.03 bp | 5.2 bp −$5 | 6.7 bp −$67 | 18.9 bp −$1,888 | 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 | −0.3310% | 1h | 1,465.3 | +0.324% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0406% | 1h | 1,461.8 | +0.084% | $17.8M | $44.8M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0120% | 1h | 1,466 | +0.370% | $398K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0092% | 8h | 1,467.8 | +0.493% | $29.0M | $76.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | +0.400% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0046% | 8h | 1,459.9 | −0.049% | $270.0M | $681.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0022% | 8h | 1,467.5 | +0.475% | $46.8M | $34.4M | — | as long as short |
| Deribit ZEC_USDC-PERPETUAL | −0.0002% | 1h | 1,462.9 | +0.159% | $595K | $1.3M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.8 | +0.423% | $413K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,465.5 | +0.338% | $940K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
Deribit ZEC_USDC-PERPETUAL
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,463.4 | +0.193% | $83K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.3 | +0.183% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,462.9 | +0.157% | $560K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,462.4 | +0.124% | $293K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAPshort | +0.0052% | 8h | 1,460.3 | −0.023% | $175.2M | $1.37B | 50x | |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,465.7 | +0.346% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0056% | 8h | 1,461.6 | +0.072% | $49.9M | $183.3M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,465.7 | +0.348% | $14K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,463.5 | +0.198% | $18.9M | $52.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464.9 | +0.294% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.3 | +0.320% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.8 | +0.285% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.8 | +0.151% | $759.3M | $487.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,461.9 | +0.086% | $15.3M | $33.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466 | +0.369% | $1.7M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.7 | +0.005% | $668.7M | $2.54B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.8 | +0.014% | $899K | $25K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461.7 | +0.079% | $221.0M | $849.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,461.8 | +0.085% | $103.2M | $57.2M | 75x | as long as short |
| Bitget ZECUSDTlong | +0.0100% | 8h | 1,460.6 | long leg | $161.6M | $310.7M | 75x | |
| BingX ZEC-USDC | +0.0100% | 8h | 1,460.8 | +0.011% | — | $6.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.9 | +0.226% | $510K | $9.4M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.1 | +0.517% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,468.2 | +0.522% | $431K | $817K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.7 | +0.556% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.5 | +0.268% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.7 | +0.143% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.2 | +0.045% | $446K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.7 | +0.283% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,462 | +0.097% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463 | +0.165% | $2.4M | $24.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,462.4 | +0.123% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,464.5 | +0.265% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,462.2 | +0.113% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.5 | +0.133% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,466.3 | +0.388% | $845K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0324% | 1h | 1,462.4 | +0.122% | $2.3M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,467.7 | +0.490% | $3.7M | $11.7M | 50x | as long as short |
| Lighter RH ZEC | +0.0440% | 1h | 1,463.8 | +0.218% | $2.0M | $8.2M | 10x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,466.6 | +0.411% | $731K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0517% | 1h | 1,465.1 | +0.310% | $41K | $34K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDC
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
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD