ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.003%

Price spread now: dYdX against Bulk+0.503%7-day average +0.019% · 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−$48as in the Price arb table

costs, in and out, $10k−$960.965% of the position

Long on Bulk Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.422%−$42 · spread now +0.503%, 7d avg +0.019%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.484% dearer against Bulk than usual: you sell high and buy low (spread +0.503% now, against its 7-day average of +0.019%): +$48 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bulk ZEC-USD	1,460.6	0.0054	pay 0.0007% / 1h	42m 06s	$899K	$25K	10x
Short	dYdX ZEC-USD	1,467.9	0	get 0.0000% / 1h	42m 06s	$413K	$106K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bulk. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulkbpFee dYdXbpOrdersPrice spread, now +0.503%Rate

Funding earned: −$11.37
Price spread: +0.503% → +0.019%: $48.43
Slippage, 4 orders: −$79.47
Fee Bulk: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$59.42
Costs to cover: 0.965%
Break-even: never at this rate

Slippage from Bulk: live order book, 42 min ago; dYdX: live order book, 42 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, 42 min ago	0.31 bp	3.8 bp −$4	3.8 bp −$38	6.0 bp −$603	12.1 bp −$6,061
Sell dYdX live order book, 42 min ago	38.64 bp	44.1 bp −$44	48.4 bp −$484	103.4 bp −$10.3K	412.9 bp −$206.4K

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	−0.3310%	1h	1,462.9	+0.162%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0404%	1h	1,466.3	+0.391%	$17.9M	$44.7M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0190%	1h	1,466.9	+0.433%	$398K	$521K	5x	as long as short
BloFin ZEC-USDT	−0.0098%	8h	1,467.1	+0.448%	$29.1M	$75.5M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,467.4	+0.469%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0048%	8h	1,466.2	+0.382%	$271.9M	$673.8M	75x	as long as short
Variational Omni ZEC	−0.0022%	8h	1,467.6	+0.482%	$46.6M	$34.0M	—	as long as short
dYdX ZEC-USDshort	0.0000%	1h	1,467.9	+0.503%	$413K	$106K	5x
Kalshi KXZECPERP	0.0000%	8h	1,467.4	+0.466%	$889K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,466.5	+0.404%	$83K	$404K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,467.1	+0.447%	$597K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,467.2	+0.454%	$5.2M	—	150x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0009% / S +0.0079%	1h	1,467	+0.438%	$542K	—	100x	as long as short
Orderly PERP_ZEC_USDC	+0.0014%	8h	1,466.7	+0.416%	$292K	$1.5M	20x	as long as short
OKX ZEC-USDT-SWAP	+0.0048%	8h	1,466.4	+0.401%	$176.3M	$1.36B	50x	as long as short
Gate ZEC_USDT	+0.0052%	8h	1,466.5	+0.406%	$49.9M	$184.4M	75x	as long as short
Bulk ZEC-USDlong	+0.0054%	1h	1,460.6	long leg	$899K	$25K	10x
01 Exchange ZECUSD	+0.0056%	1h	1,467.2	+0.453%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,468.6	+0.553%	$4.6M	$1.6M	10x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,466.7	+0.418%	$14K	$862K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,468.3	+0.529%	$19.0M	$52.4M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,466.5	+0.405%	$173K	$1.9M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,466	+0.371%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,467.2	+0.454%	$2.5M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,467.8	+0.495%	$760.6M	$490.9M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,466.6	+0.414%	$15.4M	$33.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,467	+0.443%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,466.7	+0.417%	$675.1M	$2.50B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,466.7	+0.417%	$221.7M	$857.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,466.8	+0.427%	$103.2M	$56.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,466.8	+0.427%	$162.3M	$307.5M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,466	+0.369%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.2	+0.520%	$511K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,467.7	+0.487%	$3.0M	$481K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,467.8	+0.496%	$431K	$819K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,468.6	+0.546%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,466.6	+0.413%	$345K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,466.6	+0.411%	$128K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,464.8	+0.293%	$447K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,468.6	+0.552%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,466.4	+0.399%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,465.5	+0.335%	$2.5M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,467.2	+0.457%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,466.8	+0.427%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,466.9	+0.434%	$37K	$367K	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,467	+0.442%	$844K	$1.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0240%	1h	1,467.4	+0.469%	$2.4M	$4.0M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,468.8	+0.560%	$3.7M	$11.7M	50x	as long as short
Lighter RH ZEC	+0.0440%	1h	1,468.7	+0.559%	$2.0M	$8.2M	10x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,467.8	+0.498%	$733K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0537%	1h	1,467.3	+0.459%	$41K	$34K	10x	as long as short