Funding you earn now, next payment 05:00 UTC−0.0115%/8h= −12.6% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against Deribit−0.082%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.659% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.082%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,464.7 | 0.0219 | pay 0.0027% / 1h | 12m 01s | $616K | $1.3M | 25x |
| Short | Aevo ZEC-PERP | 1,463.5 | 0.0104 | get 0.0013% / 1h | 12m 01s | $47K | $151K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Deribit. 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
- −$24.22
- Price spread: −0.082% → −0.063%
- −$1.91
- Slippage, 4 orders
- −$42.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$92.04
- Costs to cover
- 0.659%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 2 min ago; Aevo: 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 Deribit live order book, 2 min ago | 4.75 bp | 8.7 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Aevo live order book, 42 min ago | 15.35 bp | 25.4 bp −$25 | 27.1 bp −$271 | 56.5 bp −$5,651 | 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 | −0.3042% | 1h | 1,461.1 | −0.251% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.4 | −0.094% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,461.9 | −0.197% | $29.6M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.8 | −0.132% | $407K | $40K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.1 | −0.109% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.9 | −0.060% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,463.7 | −0.069% | $293K | $910K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0078% | 1h | 1,460.4 | −0.296% | $396K | $435K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0088% / S −0.0039% | 1h | 1,463.6 | −0.076% | $436K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.9 | −0.124% | $175K | $1.6M | 50x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.1 | −0.043% | $14K | $804K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463 | −0.117% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.3 | −0.167% | $2.9M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.8 | −0.067% | $14.6M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.8 | −0.130% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.7 | −0.069% | $673.9M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,463.9 | −0.059% | $262.2M | $589.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.3 | −0.027% | $179.7M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.281% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,463.5 | −0.085% | $52.2M | $172.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.6 | −0.077% | $220.5M | $773.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.1 | −0.044% | $103.1M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.8 | −0.062% | $166.2M | $268.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,463.4 | −0.094% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,458.8 | −0.406% | $47.8M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.1 | −0.317% | $568K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.4 | −0.227% | $3.0M | $464K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.6 | −0.416% | $403K | $944K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.1 | −0.181% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.139% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.3 | −0.098% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.7 | −0.136% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.3 | −0.028% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.070% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463.1 | −0.113% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.108% | $3.9M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.6 | −0.076% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,463.5 | −0.082% | $47K | $151K | 20x | |
| Phoenix ZEC | +0.0116% | 1h | 1,462.7 | −0.139% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,463.6 | −0.079% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,464.9 | +0.009% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0147% | 1h | 1,465.2 | +0.032% | $763.5M | $424.9M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.1 | +0.025% | $19.4M | $45.4M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0187% | 8h | 1,463.6 | −0.079% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,463.3 | −0.099% | $925K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0219% | 1h | 1,464.7 | long leg | $616K | $1.3M | 25x | |
| Backpack ZEC_USDC_PERP | +0.0292% | 1h | 1,464.3 | −0.033% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.4 | −0.091% | $18.1M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,464.3 | −0.029% | $685K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,464.8 | +0.002% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0687% | 1h | 1,461.3 | −0.234% | $45K | $49K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
Injective ZEC/USDC PERP
BloFin ZEC-USDT
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
Phoenix ZEC
01 Exchange ZECUSD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD