Funding you earn now, next payment 23:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.080%
Price spread now: Aevo against Coinbase International−0.205%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.205%, 7d avg −0.122%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Aevo is 0.083% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.122%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. 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 | Coinbase International ZEC-PERP-INTX | 1,473.5 | 0.0432 | pay 0.0054% / 1h | 28m 22s | $3.8M | $10.6M | 50x |
| Short | Aevo ZEC-PERP | 1,470.5 | 0.0104 | get 0.0013% / 1h | 28m 22s | $37K | $366K | 20x |
Coinbase International ZEC-PERP-INTX
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Coinbase International. 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
- −$68.88
- Price spread: −0.205% → −0.122%
- −$8.33
- Slippage, 4 orders
- −$32.37
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$135.58
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 6 min ago; Aevo: live order book, 51 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 Coinbase International live order book, 6 min ago | 1.36 bp | 10.4 bp −$10 | 14.4 bp −$144 | 41.0 bp −$4,103 | doesn't fit |
| Sell Aevo live order book, 51 min ago | 6.55 bp | 20.1 bp −$20 | 27.6 bp −$276 | 37.8 bp −$3,777 | 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 | −0.3089% | 1h | 1,472.5 | −0.072% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0257% | 1h | 1,468.3 | −0.354% | $399K | $515K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,470.6 | −0.198% | $17.9M | $44.3M | 25x | as long as short |
| Bybit ZECUSDT | −0.0112% | 8h | 1,469.1 | −0.297% | $274.8M | $654.3M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,470.6 | −0.200% | $29.6M | $75.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.7 | −0.193% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0057% | 8h | 1,468.8 | −0.320% | $46.8M | $33.8M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0045% | 1h | 1,470.3 | −0.215% | $431K | $841K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | −0.168% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.1 | −0.096% | $903K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,470.1 | −0.230% | $84K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.3 | −0.220% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0012% | 8h | 1,470.1 | −0.229% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,470.4 | −0.211% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | −0.185% | $4.6M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,469.7 | −0.262% | $180.7M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,470 | −0.235% | $50.8M | $186.5M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,470.2 | −0.223% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,472.1 | −0.099% | $19.1M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.1 | −0.229% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,469.4 | −0.279% | $13K | $836K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.2 | −0.222% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.6 | −0.194% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.8 | −0.184% | $762.6M | $474.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.2 | −0.226% | $15.0M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.9 | −0.179% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.9 | −0.246% | $683.4M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,472.2 | −0.086% | $720K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.255% | $894K | $39K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470 | −0.237% | $232.0M | $838.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.2 | −0.223% | $103.5M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470 | −0.238% | $162.8M | $301.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,469.8 | −0.254% | — | $102.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.1 | −0.231% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.2 | −0.227% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.2 | −0.157% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470 | −0.238% | $344K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.9 | −0.248% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469 | −0.308% | $448K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.5 | +0.001% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.4 | −0.210% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470 | −0.238% | $2.5M | $23.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471.1 | −0.165% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.7 | −0.194% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,470.5 | −0.205% | $37K | $366K | 20x | |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,470.9 | −0.176% | $825K | $1.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0138% | 1h | 1,471.6 | −0.131% | $614K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0418% | 1h | 1,471.5 | −0.138% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTXlong | +0.0432% | 1h | 1,473.5 | long leg | $3.8M | $10.6M | 50x | |
| Lighter RH ZEC | +0.0472% | 1h | 1,472.4 | −0.077% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0712% | 1h | 1,471.6 | −0.128% | $46K | $47K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD