Funding you earn now, next payment 00:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.066%
Price spread now: Derive against BloFin−0.097%55s7-day average −0.077% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 3 days (all we have)+0.150%+$15 · spread now −0.097%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 55 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 | BloFin ZEC-USDT | 1,474.6 | −0.0110 | get 0.0110% / 8h | 56m 13s | $29.5M | $75.8M | 75x |
| Short | Derive ZEC-PERP | 1,473.1 | 0.0100 | get 0.0013% / 1h | 56m 13s | $449K | $502K | 6.7x |
BloFin ZEC-USDT
Derive ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $44.15
- Price spread: −0.097% → −0.077%
- −$1.92
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- $24.23
- Costs to cover
- 0.180%
- Break-even
- 3.2 days
Slippage unknown: BloFin: live order book, 3 min ago; Derive: no order-book sample. Net counts fees only.
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, 3 min ago | 0.10 bp | 6.1 bp −$6 | 6.1 bp −$61 | 9.9 bp −$995 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 1,474 | −0.041% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0334% | 1h | 1,473.5 | −0.072% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0224% | 1h | 1,474.4 | −0.013% | $18.0M | $45.0M | 25x | as long as short |
| BloFin ZEC-USDTlong | −0.0110% | 8h | 1,474.6 | long leg | $29.5M | $75.8M | 75x | |
| Bybit ZECUSDT | −0.0082% | 8h | 1,472.9 | −0.113% | $273.3M | $666.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.9 | +0.022% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,468.5 | −0.413% | $46.8M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475 | +0.033% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.8 | +0.153% | $901K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.6 | −0.001% | $84K | $404K | 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 | 1,475.4 | +0.054% | $615K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.1 | +0.039% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,474.5 | −0.003% | $295K | $1.4M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0026% | 1h | 1,474.2 | −0.022% | $227K | $4.5M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,475.2 | +0.046% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,474.9 | +0.025% | $366K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,473.4 | −0.076% | $180.1M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,474.8 | +0.016% | $50.4M | $183.6M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,470.8 | −0.255% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.7 | +0.006% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,475.4 | +0.054% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.6 | +0.001% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,475 | +0.033% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,476 | +0.098% | $765.9M | $479.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474.8 | +0.020% | $15.7M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.2 | +0.041% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.7 | −0.055% | $681.1M | $2.47B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,475.3 | +0.051% | $714K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.233% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.5 | −0.072% | $224.5M | $827.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,474.4 | −0.014% | $104.3M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,473.6 | −0.065% | $162.8M | $304.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,474.3 | −0.016% | — | $102.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.8 | −0.253% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,471 | −0.243% | $3.0M | $482K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,472.7 | −0.130% | $432K | $827K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.7 | +0.007% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.7 | +0.009% | $348K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.4 | −0.009% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,473.1 | −0.097% | $449K | $502K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477 | +0.163% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.5 | −0.075% | $2.5M | $23.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,474.6 | 0.000% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,475 | +0.031% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,474.4 | −0.008% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,475.4 | +0.060% | $836K | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,476 | +0.101% | $19.1M | $52.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,476.4 | +0.124% | $3.8M | $11.5M | 50x | as long as short |
| Lighter RH ZEC | +0.0464% | 1h | 1,476 | +0.100% | $2.0M | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0620% | 1h | 1,473 | −0.105% | $41K | $34K | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0621% | 1h | 1,474.6 | +0.002% | $2.4M | $3.7M | 15x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
SoDEX ZEC-USD
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD
Backpack ZEC_USDC_PERP