Funding you earn now, next payment 01:00 UTC+0.0097%/8h= +10.6% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Extended against Deribit−0.029%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 3 days (all we have)−0.234%−$23 · spread now −0.029%, 7d avg −0.078%
=Together, before fees−0.173%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.049% dearer against Deribit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,464.3 | 0.0007 | pay 0.0001% / 1h | 17m 14s | $602K | $1.3M | 25x |
| Short | Extended ZEC-USD | 1,463.9 | 0.0104 | get 0.0013% / 1h | 17m 14s | $3.2M | $7.0M | 10x |
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $20.42
- Price spread: −0.029% → −0.078%
- $4.93
- Slippage, 4 orders
- −$15.37
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$2.02
- Costs to cover
- 0.274%
- Break-even
- 7.7 days
Slippage from Deribit: live order book, 2 min ago; Extended: live order book, 2 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 | 3.41 bp | 8.5 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 2.16 bp | 6.0 bp −$6 | 9.0 bp −$90 | 126.2 bp −$12.6K | 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 | −0.3321% | 1h | 1,466.3 | +0.138% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0344% | 1h | 1,463.8 | −0.031% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0117% | 1h | 1,463.3 | −0.069% | $399K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0115% | 8h | 1,463.8 | −0.034% | $29.7M | $72.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,465.2 | +0.064% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0038% | 8h | 1,469.1 | +0.328% | $47.6M | $33.7M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.7 | +0.028% | $412K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,463.7 | −0.045% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.4 | +0.008% | $956K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.5 | +0.011% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUALlong | +0.0007% | 1h | 1,464.3 | long leg | $602K | $1.3M | 25x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464.1 | −0.017% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0018% | 8h | 1,463.4 | −0.059% | $292K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.3 | +0.343% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,463.8 | −0.031% | $376K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,463.6 | −0.047% | $181.0M | $1.29B | 50x | as long as short |
| Bybit ZECUSDT | +0.0078% | 8h | 1,463.8 | −0.035% | $272.7M | $633.4M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464.2 | −0.008% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.8 | +0.030% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,465.1 | +0.052% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.5 | +0.081% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,465.4 | +0.075% | $760.7M | $453.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.8 | −0.034% | $14.9M | $31.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.4 | +0.072% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464.1 | −0.013% | $681.3M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,466.6 | +0.154% | $705K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | +0.107% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,463.9 | −0.026% | $50.6M | $180.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.9 | −0.030% | $227.7M | $828.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.8 | +0.034% | $103.9M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.8 | −0.035% | $162.8M | $292.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,463.8 | −0.033% | — | $100.2M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.4 | +0.282% | $571K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468 | +0.253% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.5 | +0.354% | $430K | $869K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467.3 | +0.207% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.3 | 0.000% | $338K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.040% | $127K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.2 | −0.147% | $456K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.8 | +0.101% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.8 | −0.038% | $241K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463 | −0.088% | $2.5M | $21.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.5 | +0.014% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USDshort | +0.0104% | 1h | 1,463.9 | −0.029% | $3.2M | $7.0M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.9 | −0.028% | $54K | $164K | 20x | as long as short |
| Lighter ZEC | +0.0224% | 1h | 1,465.4 | +0.075% | $19.1M | $50.5M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,465.1 | +0.054% | $850K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,466.5 | +0.148% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0521% | 1h | 1,466.2 | +0.132% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0752% | 1h | 1,465.9 | +0.111% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0764% | 1h | 1,467.5 | +0.216% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bybit ZECUSDT
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
Gate ZEC_USDT
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
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD