Funding you earn now, next payment 22:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.022%
Price spread now: Extended against Bybit+0.075%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.075%, 7d avg −0.033%
=Together, before fees−0.102%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.004% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,451.5 | −0.0008 | get 0.0008% / 8h | 2h 45m | $268.8M | $675.6M | 75x |
| Short | Extended ZEC-USD | 1,452.6 | 0.0192 | get 0.0024% / 1h | 45m 20s | $3.3M | $7.0M | 10x |
Bybit ZECUSDT
Extended ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $41.92
- Price spread: +0.075% → −0.033%
- $10.75
- Slippage, 4 orders
- −$11.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $25.07
- Costs to cover
- 0.276%
- Break-even
- 2.8 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 4 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 Bybit live order book, 4 min ago | 0.03 bp | 6.5 bp −$6 | 10.3 bp −$103 | 17.2 bp −$1,717 | 35.1 bp −$17.6K |
| Sell Extended live order book, 4 min ago | 3.41 bp | 7.9 bp −$8 | 10.1 bp −$101 | 156.1 bp −$15.6K | 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 | −0.3476% | 1h | 1,437.8 | −0.943% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.9 | +0.025% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.8 | +0.023% | $17.6M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,453 | +0.105% | $28.9M | $75.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0019% | 8h | 1,451.4 | −0.008% | $45.7M | $32.0M | — | as long as short |
| Bybit ZECUSDTlong | −0.0008% | 8h | 1,451.5 | long leg | $268.8M | $675.6M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451.8 | +0.021% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,452.4 | +0.063% | $846K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,451.3 | −0.016% | $82K | $401K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,451.9 | +0.024% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
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 | +0.074% | $291K | $1.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0025% | 1h | 1,453.2 | +0.118% | $566K | $1.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0036% / S +0.0066% | 1h | 1,451.7 | +0.011% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0043% | 8h | 1,452.4 | +0.059% | $171.7M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0061% | 8h | 1,451.5 | −0.002% | $15.3M | $35.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,451.6 | +0.008% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0065% | 8h | 1,451.5 | −0.001% | $49.1M | $185.7M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0082% | 1h | 1,452.8 | +0.090% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,452 | +0.034% | $17K | $878K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,452.7 | +0.085% | $18.7M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,451.5 | −0.001% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,451.6 | +0.004% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,451.8 | +0.018% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,452.2 | +0.048% | $750.9M | $495.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,451.6 | +0.007% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,451.9 | +0.024% | $658.3M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +0.238% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,451.6 | +0.010% | $219.0M | $883.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,451.6 | +0.009% | $103.6M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.3 | +0.057% | $161.8M | $314.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,451.4 | −0.005% | — | $107.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.6 | +0.074% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.5 | +0.141% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.3 | +0.054% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.2 | +0.050% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.4 | +0.062% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,451.2 | −0.021% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,451.6 | +0.006% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.3 | −0.015% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.4 | +0.196% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.1 | +0.038% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.9 | +0.028% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | +0.027% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.8 | +0.092% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.7 | +0.083% | $36K | $362K | 20x | as long as short |
| Extended ZEC-USDshort | +0.0192% | 1h | 1,452.6 | +0.075% | $3.3M | $7.0M | 10x | |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,452.1 | +0.040% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.1 | +0.180% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0451% | 1h | 1,453.2 | +0.118% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,454.1 | +0.182% | $754K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0728% | 1h | 1,453.7 | +0.153% | $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
01 Exchange ZECUSD
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
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC