Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.012%
Price spread now: Bullet against Bulk+0.041%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.205% of the position
Funding, last 3 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.464%+$46 · spread now +0.041%, 7d avg +0.044%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,453.9 | 0.0100 | pay 0.0013% / 1h | 31m 52s | $878K | $18K | 10x |
| Short | Bullet ZEC-USD | 1,454.5 | 0.0100 | get 0.0013% / 1h | 31m 52s | $160K | $184K | 20x |
Bulk ZEC-USD
Bullet ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Bulk. 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
- $0
- Price spread: +0.041% → +0.044%
- −$0.22
- Slippage, 4 orders
- −$5.55
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$20.77
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 22 min ago; Bullet: live order book, 22 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 Bulk live order book, 22 min ago | 0.03 bp | 3.5 bp −$4 | 4.3 bp −$43 | 11.2 bp −$1,117 | 21.3 bp −$10.6K |
| Sell Bullet live order book, 22 min ago | 1.68 bp | 6.3 bp −$6 | 9.9 bp −$99 | 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 | −0.3042% | 1h | 1,453.9 | +0.002% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.9 | +0.068% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,455 | +0.077% | $29.5M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,455 | +0.078% | $410K | $36K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.4 | +0.033% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.4 | +0.035% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,454.9 | +0.072% | $291K | $944K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0082% / S −0.0033% | 1h | 1,454.4 | +0.038% | $433K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,456.6 | +0.186% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.9 | +0.004% | $174K | $1.7M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,454.1 | +0.015% | $13K | $821K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,454.4 | +0.036% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.3 | +0.029% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456 | +0.147% | $14.5M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.5 | +0.111% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.4 | +0.173% | $670.0M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456 | +0.148% | $261.4M | $599.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,456.5 | +0.183% | $178.6M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.7 | +0.126% | $395K | $434K | 5x | as long as short |
| Bulk ZEC-USDlong | +0.0100% | 1h | 1,453.9 | long leg | $878K | $18K | 10x | |
| Gate ZEC_USDT | +0.0100% | 8h | 1,456.1 | +0.153% | $51.1M | $171.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,455.8 | +0.136% | $218.5M | $769.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,455.6 | +0.118% | $102.6M | $53.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.6 | +0.185% | $165.7M | $270.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.1 | +0.156% | — | $105.5M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,450.8 | −0.212% | $47.6M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,451.5 | −0.163% | $565K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.6 | −0.090% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.2 | +0.024% | $402K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,453.2 | −0.047% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.2 | +0.023% | $352K | $1.8M | 10x | as long as short |
| Bullet ZEC-USDshort | +0.0100% | 1h | 1,454.5 | +0.041% | $160K | $184K | 20x | |
| Derive ZEC-PERP | +0.0100% | 1h | 1,453.6 | −0.017% | $444K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.5 | +0.248% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455 | +0.078% | $233K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,454.1 | +0.015% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,455.1 | +0.087% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,455.7 | +0.126% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.6 | +0.051% | $47K | $151K | 20x | as long as short |
| Kalshi KXZECPERP | +0.0108% | 8h | 1,455.7 | +0.124% | $1.5M | $4.4M | 2.2x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,454.6 | +0.053% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,454.3 | +0.028% | $4.6M | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0125% | 1h | 1,455.5 | +0.112% | $2.4M | $3.8M | 15x | as long as short |
| Hyperliquid ZEC | +0.0132% | 1h | 1,456.6 | +0.188% | $758.3M | $425.9M | 10x | as long as short |
| Lighter ZEC | +0.0160% | 1h | 1,456.4 | +0.176% | $19.2M | $44.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0209% | 1h | 1,455.4 | +0.106% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,454.1 | +0.017% | $919K | $1.1M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0333% | 1h | 1,454.8 | +0.063% | $18.0M | $45.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,456 | +0.149% | $698K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,458.2 | +0.295% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0670% | 1h | 1,453.9 | +0.005% | $44K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
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
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Kalshi KXZECPERP
01 Exchange ZECUSD
Phoenix ZEC
Backpack ZEC_USDC_PERP
Hyperliquid ZEC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD