Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h −0.006%
Price spread now: Gate against Deribit−0.070%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−1.451%−$145 · spread now −0.070%, 7d avg −0.073%
=The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,460.7 | 0.0084 | pay 0.0010% / 1h | 43m 22s | $608K | $1.3M | 25x |
| Short | Gate ZEC_USDT | 1,459.7 | 0.0100 | get 0.0100% / 8h | 5h 43m | $49.9M | $170.7M | 75x |
Deribit ZEC_USDC-PERPETUAL
Gate ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $3.46
- Price spread: −0.070% → −0.073%
- $0.25
- Slippage, 4 orders
- −$17.39
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$35.68
- Costs to cover
- 0.394%
- Break-even
- 79.2 days
Slippage from Deribit: live order book, 1 min ago; Gate: live order book, 6 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, 1 min ago | 3.97 bp | 8.8 bp −$9 | 15.9 bp −$159 | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 0.55 bp | 12.5 bp −$13 | 18.2 bp −$182 | 31.9 bp −$3,191 | 56.9 bp −$28.4K |
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 | −0.3244% | 1h | 1,462 | +0.087% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.5 | +0.057% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,462.3 | +0.108% | $29.7M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.8 | +0.009% | $411K | $46K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,461.4 | +0.051% | $963K | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,459.3 | −0.097% | $83K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,459.6 | −0.074% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0037% | 8h | 1,459.8 | −0.060% | $292K | $977K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0009% | 1h | 1,459.8 | −0.059% | $378K | — | 100x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0064% | 1h | 1,459.8 | −0.060% | $396K | $433K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Ondo Perps ZEC-USD.PShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | −0.074% | $4.6M | $1.4M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0084% | 1h | 1,460.7 | long leg | $608K | $1.3M | 25x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.4 | −0.085% | $173K | $1.8M | 50x | as long as short |
| Variational Omni ZEC | +0.0098% | 8h | 1,459.8 | −0.058% | $47.4M | $31.8M | — | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,459.8 | −0.058% | $19K | $835K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.9 | −0.051% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,459.4 | −0.088% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,460.5 | −0.016% | $760.9M | $432.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.072% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.7 | +0.002% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,459.4 | −0.087% | $672.8M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.071% | $269.9M | $605.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.2 | −0.036% | $179.8M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | −0.139% | $886K | $16K | 10x | as long as short |
| Gate ZEC_USDTshort | +0.0100% | 8h | 1,459.7 | −0.070% | $49.9M | $170.7M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459.4 | −0.091% | $214.8M | $770.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,459.2 | −0.100% | $102.6M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.1 | −0.041% | $162.0M | $275.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459 | −0.119% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,461 | +0.019% | $2.4M | $3.8M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.5 | +0.059% | $569K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.3 | −0.094% | $3.0M | $418K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.5 | +0.056% | $421K | $883K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.8 | +0.007% | $70K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,459 | −0.115% | $339K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,459.3 | −0.096% | $126K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.7 | −0.134% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,461.6 | +0.060% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.2 | −0.036% | $241K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,460.2 | −0.034% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.9 | +0.018% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.1 | −0.041% | $2.8M | $7.7M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,460 | −0.050% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.8 | −0.059% | $48K | $155K | 20x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,461.8 | +0.074% | $19.1M | $45.9M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0195% | 1h | 1,460 | −0.044% | $18.0M | $43.7M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,461.8 | +0.079% | $705K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,461.9 | +0.080% | $2.1M | $6.8M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,459.7 | −0.069% | $834K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,462.7 | +0.139% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0716% | 1h | 1,462.1 | +0.097% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
Variational Omni ZEC
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
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
Extended ZEC-USD
01 Exchange ZECUSD
Aevo ZEC-PERP
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD