Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: 01 Exchange against Bulk−0.230%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.230% cheaper against Bulk than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,455 | 0.0100 | pay 0.0013% / 1h | 44m 53s | $896K | $37K | 10x |
| Short | 01 Exchange ZECUSD | 1,451.6 | 0.0064 | get 0.0008% / 1h | 44m 53s | $8K | $8K | 5x |
Bulk ZEC-USD
01 Exchange ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$7.56
- Price spread: −0.230% → 0.000%
- −$22.95
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$44.51
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 44 min ago; 01 Exchange: 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 Bulk live order book, 44 min ago | 0.07 bp | 3.6 bp −$4 | 3.6 bp −$36 | 3.6 bp −$357 | 6.5 bp −$3,255 |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.3476% | 1h | 1,437.8 | −1.179% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.9 | −0.213% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.8 | −0.215% | $17.6M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,451.8 | −0.215% | $28.9M | $74.9M | 75x | as long as short |
| Variational Omni ZEC | −0.0019% | 8h | 1,451.4 | −0.246% | $45.7M | $32.0M | — | as long as short |
| Bybit ZECUSDT | −0.0008% | 8h | 1,451.8 | −0.216% | $268.8M | $675.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.8 | −0.216% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,451.9 | −0.208% | $845K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.3 | −0.254% | $82K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.9 | −0.214% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,452.6 | −0.164% | $291K | $1.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0025% | 1h | 1,453.2 | −0.120% | $566K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0036% / S +0.0066% | 1h | 1,451.7 | −0.227% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0043% | 8h | 1,452.6 | −0.164% | $171.8M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0061% | 8h | 1,451.9 | −0.207% | $15.3M | $35.1M | 75x | as long as short |
| 01 Exchange ZECUSDshort | +0.0064% | 1h | 1,451.6 | −0.230% | $8K | $8K | 5x | |
| Gate ZEC_USDT | +0.0065% | 8h | 1,452.4 | −0.177% | $49.1M | $185.7M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0082% | 1h | 1,452.8 | −0.148% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452 | −0.203% | $17K | $878K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,453.6 | −0.090% | $18.7M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.5 | −0.239% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.6 | −0.233% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.8 | −0.220% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.4 | −0.107% | $751.6M | $495.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.6 | −0.231% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,452.6 | −0.161% | $658.7M | $2.53B | 75x | as long as short |
| Bulk ZEC-USDlong | +0.0100% | 1h | 1,455 | long leg | $896K | $37K | 10x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,452.7 | −0.155% | $219.4M | $883.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.5 | −0.168% | $103.7M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.5 | −0.167% | $161.8M | $314.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.4 | −0.245% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.4 | −0.176% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.5 | −0.097% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.3 | −0.183% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.2 | −0.188% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.4 | −0.176% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.258% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.6 | −0.232% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.3 | −0.253% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.4 | −0.042% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.1 | −0.200% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.5 | −0.169% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.6 | −0.230% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.8 | −0.146% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.7 | −0.155% | $36K | $362K | 20x | as long as short |
| Extended ZEC-USD | +0.0192% | 1h | 1,452.6 | −0.164% | $3.3M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.1 | −0.198% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.1 | −0.058% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0451% | 1h | 1,453.2 | −0.120% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.1 | −0.056% | $754K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,455.2 | +0.014% | $1.9M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Gate ZEC_USDT
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Aevo ZEC-PERP
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC