Funding you earn now, next payment 06:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.059%
Price spread now: Deribit against BloFin+0.054%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 7 days+0.311%+$31 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.054%, 7d avg +0.065%
=The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,501.8 | −0.0152 | get 0.0152% / 8h | 2h 19m | $30.2M | $73.5M | 75x |
| Short | Deribit ZEC_USDC-PERPETUAL | 1,502.6 | 0 | get 0.0000% / 1h | 19m 09s | $713K | $1.4M | 25x |
BloFin ZEC-USDT
Deribit ZEC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $31.88
- Price spread: +0.054% → +0.065%
- −$1.09
- Slippage, 4 orders
- −$17.07
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$5.27
- Costs to cover
- 0.361%
- Break-even
- 8.2 days
Slippage from BloFin: live order book, 5 min ago; Deribit: 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 BloFin live order book, 5 min ago | 1.89 bp | 8.2 bp −$8 | 9.8 bp −$98 | 17.4 bp −$1,742 | doesn't fit |
| Sell Deribit live order book, 5 min ago | 5.74 bp | 9.2 bp −$9 | 16.0 bp −$160 | 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 | −0.3243% | 1h | 1,478 | −1.589% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDTlong | −0.0152% | 8h | 1,501.8 | long leg | $30.2M | $73.5M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,510.3 | +0.563% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,506.8 | +0.332% | $419K | $36K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,510 | +0.547% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,502.5 | +0.048% | $86K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALshort | 0.0000% | 1h | 1,502.6 | +0.054% | $713K | $1.4M | 25x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,502.3 | +0.029% | $5.3M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,506 | +0.281% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0065% | 8h | 1,502.3 | +0.029% | $303K | $898K | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,496 | −0.389% | $4.8M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,504.8 | +0.196% | $140K | $1.7M | 50x | as long as short |
| Bybit ZECUSDT | +0.0098% | 8h | 1,503.6 | +0.120% | $272.5M | $608.6M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,507.3 | +0.366% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,504.2 | +0.157% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,505.6 | +0.252% | $787.1M | $430.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,503.3 | +0.098% | $14.8M | $28.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,507.3 | +0.368% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,503.5 | +0.111% | $697.8M | $2.22B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.5 | +0.180% | $180.9M | $1.27B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,502.6 | +0.052% | $403K | $488K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −1.501% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,504.2 | +0.158% | $54.6M | $176.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,504.6 | +0.184% | $227.2M | $771.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,502.7 | +0.057% | $105.7M | $54.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,504.8 | +0.196% | $169.0M | $273.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,504.1 | +0.150% | — | $113.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,494.7 | −0.476% | $48.9M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,492.9 | −0.591% | $562K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,481.5 | −1.355% | $3.0M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,481.5 | −1.354% | $410K | $927K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,506.5 | +0.310% | $53K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.2 | +0.158% | $371K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.7 | +0.061% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,501.3 | −0.037% | $458K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,504.4 | +0.170% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,502.3 | +0.034% | $248K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,501.1 | −0.050% | $2.6M | $19.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,502.9 | +0.069% | $4.0M | $4.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,505.8 | +0.266% | $13K | $847K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0102% / S −0.0073% | 1h | 1,502.4 | +0.040% | $402K | — | 100x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,502.2 | +0.026% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.3 | +0.032% | $46K | $153K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,504 | +0.145% | $2.2M | $7.2M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0143% | 1h | 1,502.2 | +0.022% | $18.3M | $45.9M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,505.4 | +0.237% | $947K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0200% | 1h | 1,503.7 | +0.124% | $19.7M | $44.7M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0451% | 1h | 1,504.5 | +0.178% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,504.8 | +0.197% | $3.7M | $9.8M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,505.6 | +0.254% | $622K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0687% | 1h | 1,487.9 | −0.929% | $50K | $60K | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
Bybit ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Katana Perps ZEC-USD
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Aevo ZEC-PERP
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD