Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.6% APRnext payment +$1.34 per $10,000 · paid last 24h +0.037%
Price spread now: Orderly against BloFin−0.183%52s7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.331%+$33 · spread now −0.183%, 7d avg +0.010%
=Funding pays, the price is against you. Orderly is 0.193% cheaper against BloFin than usual: you would sell low and buy high (spread −0.183% now, against its 7-day average of +0.010%). If the spread goes back, that is −$19 on $10k: about 4.8 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.064% in total) that is about 21 days. The two prices were read 52 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 | 1,466.1 | −0.0071 | get 0.0071% / 8h | 3h 10m | $29.7M | $71.0M | 75x |
| Short | Orderly PERP_ZEC_USDC | 1,463.4 | 0.0063 | get 0.0063% / 8h | 3h 10m | $292K | $903K | 20x |
BloFin ZEC-USDT
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $28.06
- Price spread: −0.183% → +0.010%
- −$19.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$9.28
- Costs to cover
- 0.180%
- Break-even
- 9.3 days
Slippage unknown: BloFin: live order book, 4 min ago; Orderly: 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, 4 min ago | 0.17 bp | 6.2 bp −$6 | 7.4 bp −$74 | 11.5 bp −$1,149 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.3042% | 1h | 1,463 | −0.211% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.3 | +0.012% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDTlong | −0.0071% | 8h | 1,466.1 | long leg | $29.7M | $71.0M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.5 | −0.176% | $407K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.1 | −0.206% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.5 | −0.182% | $5.2M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0016% | 1h | 1,463.9 | −0.151% | $616K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0063% | 8h | 1,463.4 | −0.183% | $292K | $903K | 20x | |
| Ondo Perps ZEC-USD.P | +0.0071% | 1h | 1,460.4 | −0.390% | $397K | $435K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0088% / S −0.0040% | 1h | 1,463.2 | −0.201% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUAL
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.9 | −0.151% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.3 | −0.126% | $14K | $801K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463.7 | −0.165% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.9 | −0.085% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,464 | −0.145% | $14.6M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.7 | −0.165% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464.1 | −0.137% | $674.1M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,463.6 | −0.173% | $262.3M | $587.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,463.9 | −0.155% | $179.1M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.376% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,463.9 | −0.154% | $52.2M | $173.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.1 | −0.137% | $220.3M | $775.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.3 | −0.124% | $103.1M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.4 | −0.120% | $166.2M | $267.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,463.9 | −0.149% | — | $106.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.116% | $48.0M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.5 | −0.312% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.2 | −0.201% | $3.0M | $464K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.4 | −0.323% | $404K | $945K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.7 | −0.032% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.172% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.1 | −0.206% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.4 | −0.256% | $446K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.9 | −0.016% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.175% | $234K | $3.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.2 | −0.266% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.198% | $3.9M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464 | −0.142% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.2 | −0.198% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,462.7 | −0.234% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,464.6 | −0.106% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.2 | −0.061% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0146% | 1h | 1,465.1 | −0.070% | $763.4M | $424.9M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.1 | −0.069% | $19.4M | $45.4M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0179% | 8h | 1,464.8 | −0.088% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,464.2 | −0.128% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0299% | 1h | 1,464 | −0.143% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.4 | −0.187% | $18.0M | $45.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,465.3 | −0.057% | $676K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,468.4 | +0.153% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,462.7 | −0.233% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
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
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
01 Exchange ZECUSD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD