Funding you earn now, next payment 23:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.017%
Price spread now: OKX against Bulk+0.457%7-day average +0.013% · 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+$26as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 3 days (all we have)−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.547%−$55 · spread now +0.457%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.444% dearer against Bulk than usual: you sell high and buy low, +$44 on $10k if it goes back to its 7-day average of +0.013%.
| 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 | 43m 13s | $899K | $25K | 10x |
| Short | OKX ZEC-USDT-SWAP | 1,467.3 | 0.0048 | get 0.0048% / 8h | 1h 43m | $176.2M | $1.36B | 50x |
Bulk ZEC-USD
OKX ZEC-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$1.26
- Price spread: +0.457% → +0.013%
- $44.42
- Slippage, 4 orders
- −$1.27
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $24.89
- Costs to cover
- 0.183%
- Break-even
- from the start
Slippage from Bulk: live order book, 41 min ago; OKX: live order book, 6 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, 41 min ago | 0.31 bp | 3.8 bp −$4 | 3.8 bp −$38 | 6.0 bp −$603 | 12.1 bp −$6,061 |
| Sell OKX live order book, 6 min ago | 0.03 bp | 5.5 bp −$6 | 6.4 bp −$64 | 17.9 bp −$1,791 | 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 | −0.3310% | 1h | 1,462.9 | +0.162% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,467.1 | +0.448% | $17.8M | $44.6M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0174% | 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 | 1,468.2 | +0.525% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0047% | 8h | 1,466.8 | +0.429% | $271.7M | $673.4M | 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-USD | 0.0000% | 1h | 1,469.2 | +0.589% | $414K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.9 | +0.570% | $891K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,467.2 | +0.457% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
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 | 1,467.8 | +0.496% | $597K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.1 | +0.512% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,467.7 | +0.491% | $543K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,467.4 | +0.470% | $294K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAPshort | +0.0048% | 8h | 1,467.3 | +0.457% | $176.2M | $1.36B | 50x | |
| Bulk ZEC-USDlong | +0.0054% | 1h | 1,460.6 | long leg | $899K | $25K | 10x | |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,468.3 | +0.529% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0057% | 8h | 1,467.7 | +0.485% | $49.9M | $184.3M | 75x | 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 | 1,468 | +0.511% | $14K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,468.9 | +0.568% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.6 | +0.483% | $173K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468 | +0.507% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.8 | +0.498% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.8 | +0.563% | $761.1M | $490.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.484% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.9 | +0.569% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.3 | +0.459% | $675.4M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.3 | +0.463% | $222.3M | $856.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.5 | +0.474% | $103.2M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.4 | +0.470% | $162.7M | $307.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.2 | +0.455% | — | $103.6M | — | 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 | 1,468.1 | +0.516% | $346K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.4 | +0.466% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.9 | +0.362% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.4 | +0.607% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.8 | +0.429% | $222K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467.8 | +0.492% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.5 | +0.477% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.6 | +0.481% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.2 | +0.454% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,468.5 | +0.540% | $844K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0235% | 1h | 1,469.2 | +0.588% | $2.4M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,470.2 | +0.661% | $3.7M | $11.7M | 50x | as long as short |
| Lighter RH ZEC | +0.0440% | 1h | 1,469.3 | +0.599% | $2.0M | $8.2M | 10x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,469.3 | +0.596% | $731K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0534% | 1h | 1,467.1 | +0.446% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
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
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD