Funding you earn now, next payment 00:00 UTC+0.0201%/8h= +22.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.061%
Price spread now: Binance against BloFin−0.033%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.221% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now −0.033%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,472.1 | −0.0101 | get 0.0101% / 8h | 3m 09s | $29.6M | $74.7M | 75x |
| Short | Binance ZECUSDT | 1,471.6 | 0.0100 | get 0.0100% / 8h | 3m 09s | $683.3M | $2.45B | 75x |
BloFin ZEC-USDT
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $42.24
- Price spread: −0.033% → −0.017%
- −$1.52
- Slippage, 4 orders
- −$0.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $18.58
- Costs to cover
- 0.221%
- Break-even
- 3.9 days
Slippage from BloFin: live order book, 6 min ago; Binance: live order book, 11 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 BloFin live order book, 6 min ago | 0.03 bp | 6.0 bp −$6 | 7.3 bp −$73 | 11.9 bp −$1,192 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.03 bp | 5.0 bp −$5 | 5.9 bp −$59 | 14.7 bp −$1,470 | 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 | −0.3089% | 1h | 1,475 | +0.200% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0262% | 1h | 1,471.7 | −0.026% | $399K | $521K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.5 | +0.030% | $17.9M | $44.0M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,471.8 | −0.021% | $275.0M | $650.9M | 75x | as long as short |
| BloFin ZEC-USDTlong | −0.0101% | 8h | 1,472.1 | long leg | $29.6M | $74.7M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,473.8 | +0.120% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0062% | 8h | 1,470.9 | −0.080% | $47.7M | $34.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,474.7 | +0.179% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.2 | +0.007% | $959K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.8 | +0.049% | $84K | $406K | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,473.7 | +0.111% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,473.4 | +0.088% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,474.9 | +0.189% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,472.7 | +0.043% | $295K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.2 | +0.076% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0035% | 1h | 1,472.6 | +0.033% | $432K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,471.8 | −0.016% | $181.9M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0048% | 8h | 1,472.3 | +0.014% | $51.2M | $188.0M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,473.1 | +0.072% | $372K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,473.8 | +0.118% | $19.2M | $52.6M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.2 | +0.144% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,474.8 | +0.185% | $19K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.6 | +0.102% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,475 | +0.198% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.4 | +0.086% | $763.3M | $472.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.3 | +0.014% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,474.3 | +0.150% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,471.6 | −0.033% | $683.3M | $2.45B | 75x | |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475.1 | +0.202% | $694K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.048% | $896K | $38K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,472.4 | +0.022% | $228.4M | $847.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,473.5 | +0.098% | $104.6M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472.3 | +0.016% | $163.7M | $300.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,472.5 | +0.029% | — | $101.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472.1 | +0.004% | $513K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474 | +0.128% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.8 | +0.185% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.1 | +0.137% | $335K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.7 | +0.044% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,471.4 | −0.048% | $459K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,475.7 | +0.248% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.046% | $241K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473 | +0.060% | $2.5M | $22.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.1 | +0.069% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,473.2 | +0.079% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,473.3 | +0.080% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,474.8 | +0.184% | $838K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0398% | 1h | 1,472.9 | +0.058% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,476.4 | +0.294% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0448% | 1h | 1,474.5 | +0.164% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0769% | 1h | 1,474.3 | +0.152% | $46K | $46K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD