Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%
Price spread now: Aevo against Derive+0.110%7-day average +0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.110%, 7d avg +0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.039% dearer against Derive than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,470.8 | 0.0100 | pay 0.0013% / 1h | 41m 26s | $458K | $509K | 6.7x |
| Short | Aevo ZEC-PERP | 1,472.4 | 0.0104 | get 0.0013% / 1h | 41m 26s | $72K | $173K | 20x |
Derive ZEC-PERP
Aevo ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Derive. 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
- $0.84
- Price spread: +0.110% → +0.071%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$17.26
- Costs to cover
- 0.220%
- Break-even
- 150.9 days
Slippage unknown: Derive: no order-book sample; Aevo: live order book, 33 min ago. 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 Derive no order-book sample | — | — | — | — | — |
| Sell Aevo live order book, 33 min ago | 2.68 bp | 17.6 bp −$18 | 24.4 bp −$244 | 35.3 bp −$3,529 | doesn't fit |
Derive: 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 | −0.3321% | 1h | 1,474.8 | +0.274% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,472.6 | +0.129% | $17.9M | $43.1M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0150% | 1h | 1,471.2 | +0.030% | $399K | $519K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0103% | 8h | 1,471.5 | +0.047% | $29.7M | $73.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.6 | −0.014% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0078% | 8h | 1,469.2 | −0.108% | $274.5M | $640.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0059% | 8h | 1,473.5 | +0.186% | $47.7M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | +0.017% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.2 | +0.100% | $959K | $5.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470.7 | −0.007% | $84K | $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
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.8 | −0.068% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,469.5 | −0.085% | $293K | $1.4M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0041% | 8h | 1,469.3 | −0.101% | $181.7M | $1.31B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,471.1 | +0.025% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.7 | −0.069% | $378K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,470.3 | −0.034% | $8K | $8K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.1 | −0.046% | $176K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.3 | −0.032% | $60K | $39K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,470.6 | −0.011% | $14K | $836K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.2 | +0.031% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471 | +0.017% | $763.4M | $459.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.1 | −0.047% | $14.9M | $32.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.8 | +0.074% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.4 | −0.093% | $683.9M | $2.40B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.077% | $695K | $8.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.7 | −0.075% | $51.4M | $178.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.9 | −0.062% | $231.0M | $823.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.8 | −0.065% | $104.9M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.6 | −0.078% | $163.4M | $295.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,469.2 | −0.104% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.5 | +0.053% | $573K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.6 | +0.128% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,475.9 | +0.349% | $432K | $859K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.159% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.3 | −0.099% | $332K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.5 | −0.087% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,470.8 | long leg | $458K | $509K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.7 | +0.270% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,472.5 | +0.115% | $243K | $4.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.6 | +0.055% | $2.5M | $21.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,473.4 | +0.181% | $3.9M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.3 | +0.244% | $897K | $28K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.5 | −0.017% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERPshort | +0.0104% | 1h | 1,472.4 | +0.110% | $72K | $173K | 20x | |
| Lighter ZEC | +0.0112% | 1h | 1,472 | +0.084% | $19.2M | $50.3M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,471 | +0.016% | $841K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0281% | 1h | 1,473.7 | +0.198% | $615K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,474.1 | +0.228% | $3.8M | $10.4M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0584% | 1h | 1,473.8 | +0.204% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0768% | 1h | 1,474.9 | +0.281% | $2.0M | $8.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0776% | 1h | 1,473.5 | +0.184% | $44K | $48K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Lighter ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD