Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%
Price spread now: SoDEX against Derive+0.130%7-day average +0.073% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.130%, 7d avg +0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.057% dearer against Derive than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,464.4 | 0.0100 | pay 0.0013% / 1h | 12m 13s | $456K | $509K | 6.7x |
| Short | SoDEX ZEC-USD | 1,466.4 | 0.0100 | get 0.0013% / 1h | 12m 13s | $242K | $3.9M | 10x |
Derive ZEC-PERP
SoDEX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- Price spread: +0.130% → +0.073%
- $5.75
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$8.25
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago | 0.03 bp | 4.2 bp −$4 | 15.4 bp −$154 | 105.1 bp −$10.5K | 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 | 1,469.7 | +0.357% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0344% | 1h | 1,466.3 | +0.126% | $17.9M | $43.1M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0119% | 1h | 1,466.6 | +0.147% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0114% | 8h | 1,467 | +0.173% | $29.7M | $72.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.4 | +0.272% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0030% | 8h | 1,464.9 | +0.034% | $47.5M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468 | +0.240% | $413K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,466.2 | +0.117% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.1 | +0.251% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,467.2 | +0.187% | $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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,466.4 | +0.130% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0019% | 8h | 1,466 | +0.107% | $293K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,469.7 | +0.359% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,466.3 | +0.127% | $377K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0062% | 8h | 1,466.4 | +0.130% | $181.2M | $1.29B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.9 | +0.164% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466.4 | +0.130% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.6 | +0.287% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467 | +0.176% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.9 | +0.236% | $762.4M | $454.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.6 | +0.148% | $14.9M | $31.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.9 | +0.236% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.4 | +0.136% | $681.6M | $2.37B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466 | +0.104% | $272.8M | $631.6M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,469.1 | +0.320% | $700K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | +0.098% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,466.6 | +0.144% | $50.1M | $181.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.9 | +0.166% | $226.7M | $829.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.7 | +0.157% | $104.0M | $55.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.4 | +0.134% | $163.1M | $291.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,466.3 | +0.129% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,466.3 | +0.129% | $570K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.1 | +0.249% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.1 | +0.111% | $426K | $881K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467 | +0.171% | $80K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.5 | +0.141% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.4 | +0.132% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,464.4 | long leg | $456K | $509K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.1 | +0.319% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDshort | +0.0100% | 1h | 1,466.4 | +0.130% | $242K | $3.9M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467.3 | +0.192% | $2.5M | $19.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,466.9 | +0.164% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.3 | +0.128% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.1 | +0.113% | $54K | $164K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,467.4 | +0.204% | $852K | $1.0M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,468 | +0.242% | $19.1M | $50.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0295% | 1h | 1,467.1 | +0.180% | $603K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,468.5 | +0.280% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0515% | 1h | 1,467.4 | +0.199% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,468.3 | +0.260% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0763% | 1h | 1,467.3 | +0.197% | $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
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit 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
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD