ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.012%

Price spread now: 01 Exchange against Derive+0.070%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread pays, funding is against you. 01 Exchange is 0.070% dearer against Derive than usual: you sell high and buy low (spread +0.070% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive ZEC-PERP	1,472.8	0.0100	pay 0.0013% / 1h	57m 13s	$449K	$502K	6.7x
Short	01 Exchange ZECUSD	1,473.8	0.0040	get 0.0005% / 1h	57m 13s	$8K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee 01 ExchangebpOrdersPrice spread, now +0.070%Rate

Funding earned: −$12.6
Price spread: +0.070% → 0.000%: $6.98
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$18.62
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell 01 Exchange no order-book sample	—	—	—	—	—

Derive and 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	−0.3089%	1h	1,474	+0.079%	$34K	$275K	12x	as long as short
Ondo Perps ZEC-USD.P	−0.0272%	1h	1,472.6	−0.014%	$398K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0224%	1h	1,475	+0.147%	$18.0M	$45.0M	25x	as long as short
BloFin ZEC-USDT	−0.0110%	8h	1,474.6	+0.119%	$29.5M	$75.8M	75x	as long as short
Bybit ZECUSDT	−0.0081%	8h	1,474.2	+0.095%	$273.4M	$666.1M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,474.1	+0.087%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0037%	8h	1,468.5	−0.294%	$46.8M	$33.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,473.7	+0.060%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,474.6	+0.126%	$898K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,473.8	+0.068%	$84K	$404K	10x	as long as short

Show 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	1,474.5	+0.115%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0009%	8h	1,474.3	+0.104%	$295K	$1.4M	20x	as long as short
SoDEX ZEC-USD	+0.0031%	1h	1,474.6	+0.125%	$227K	$4.5M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0038% / S +0.0009%	1h	1,474.5	+0.115%	$366K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0040%	8h	1,474.4	+0.109%	$180.0M	$1.35B	50x	as long as short
01 Exchange ZECUSDshort	+0.0040%	1h	1,473.8	+0.070%	$8K	$8K	5x
Gate ZEC_USDT	+0.0046%	8h	1,474.1	+0.089%	$50.3M	$183.5M	75x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0071%	1h	1,475.1	+0.158%	$615K	$1.3M	25x	as long as short
Phoenix ZEC	+0.0075%	1h	1,470.8	−0.136%	$4.6M	$1.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,473.3	+0.031%	$177K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,473.8	+0.064%	$12K	$828K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,473.4	+0.042%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.4	+0.112%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.2	+0.163%	$765.6M	$479.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.6	+0.123%	$15.6M	$32.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,474.2	+0.097%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.7	+0.126%	$681.5M	$2.47B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,474.4	+0.106%	$715K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.1	−0.114%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,473.9	+0.072%	$225.4M	$827.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474.1	+0.087%	$104.2M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.6	+0.121%	$163.2M	$303.9M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,473.1	+0.018%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,470.8	−0.134%	$513K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,471	−0.124%	$3.0M	$482K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,472.7	−0.010%	$432K	$827K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.1	−0.049%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,473.9	+0.075%	$348K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,473.9	+0.077%	$128K	$159K	20x	as long as short
Derive ZEC-PERPlong	+0.0100%	1h	1,472.8	long leg	$449K	$502K	6.7x
SunX ZEC-USDT	+0.0100%	8h	1,476.5	+0.248%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,473.8	+0.064%	$2.5M	$23.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475	+0.147%	$3.8M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,474.8	+0.138%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,474.5	+0.118%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,473.9	+0.076%	$835K	$1.3M	10x	as long as short
Lighter ZEC	+0.0136%	1h	1,476.4	+0.245%	$19.1M	$52.1M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,476.8	+0.273%	$3.8M	$11.5M	50x	as long as short
Lighter RH ZEC	+0.0472%	1h	1,477	+0.282%	$2.0M	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0618%	1h	1,472.4	−0.026%	$41K	$34K	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0651%	1h	1,474.7	+0.128%	$2.4M	$3.7M	15x	as long as short