Funding you earn now, next payment 09:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h −0.018%
Price spread now: 01 Exchange against Deribit−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.078% cheaper against Deribit than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,509.3 | 0.0101 | pay 0.0013% / 1h | 22m 18s | $691K | $1.3M | 25x |
| Short | 01 Exchange ZECUSD | 1,508.1 | 0.0024 | get 0.0003% / 1h | 22m 18s | $8K | $6K | 5x |
Deribit ZEC_USDC-PERPETUAL
01 Exchange ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$16.23
- Price spread: −0.078% → 0.000%
- −$7.81
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$38.04
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 2 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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 | 4.24 bp | 8.3 bp −$8 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3702% | 1h | 1,488.8 | −1.354% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,506.7 | −0.168% | $62K | $304K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0227% | 1h | 1,507.3 | −0.131% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0167% | 8h | 1,510 | +0.049% | $31.8M | $76.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,510.4 | +0.074% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,509.6 | +0.025% | $418K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,510.6 | +0.090% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,510.4 | +0.078% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,508.1 | −0.074% | $18.4M | $47.6M | 25x | as long as short |
| 01 Exchange ZECUSDshort | +0.0024% | 1h | 1,508.1 | −0.078% | $8K | $6K | 5x |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0082% | 1h | 1,509.5 | +0.013% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,508.6 | −0.043% | $305K | $860K | 20x | as long as short |
| Gate ZEC_USDT | +0.0090% | 8h | 1,507.6 | −0.111% | $60.9M | $187.0M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,510.4 | +0.075% | $19.5M | $45.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,510.6 | +0.086% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,508 | −0.081% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,508.1 | −0.075% | $16K | $895K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,508.5 | −0.052% | $62K | $16K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,507.8 | −0.100% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,507.4 | −0.123% | $788.2M | $441.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,508.2 | −0.072% | $14.2M | $30.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.1 | −0.010% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,508.8 | −0.030% | $712.9M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,508.2 | −0.073% | $272.0M | $616.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,508.7 | −0.038% | $184.5M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,508.6 | −0.044% | $409K | $547K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,509.6 | +0.026% | $596K | $8.9M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.364% | $774K | $147K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,507.1 | −0.142% | $407.3M | $839.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,507.8 | −0.098% | $103.3M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,508.8 | −0.032% | $163.7M | $295.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,508.7 | −0.039% | — | $120.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,506.5 | −0.186% | $49.9M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.4 | −0.054% | $557K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.2 | −0.067% | $3.1M | $541K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.9 | −0.286% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,509.5 | +0.015% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,507.4 | −0.123% | $374K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,508.8 | −0.028% | $169K | $192K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.480% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.7 | +0.093% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,508.8 | −0.034% | $255K | $3.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,509.7 | +0.032% | $2.7M | $21.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,508.1 | −0.075% | $4.0M | $4.9M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0101% | 1h | 1,509.3 | long leg | $691K | $1.3M | 25x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,508.6 | −0.045% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,508.7 | −0.038% | $45K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,508.5 | −0.050% | $953K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0162% / S −0.0167% | 1h | 1,510.1 | +0.056% | $335K | — | 100x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0209% | 1h | 1,510.9 | +0.105% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,509 | −0.020% | $3.8M | $10.0M | 50x | as long as short |
Phoenix ZEC
Orderly PERP_ZEC_USDC
Gate ZEC_USDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
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
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Aevo ZEC-PERP
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX