Funding you earn now, next payment 22:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.042%
Price spread now: BloFin against dYdX−0.305%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1041.043% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 3 days (all we have)+0.743%+$74 · spread now −0.305%, 7d avg +0.013%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.319% cheaper against dYdX than usual: you would sell low and buy high (−$32 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEC-USD | 1,457.9 | 0 | get 0.0000% / 1h | 28m 17s | $411K | $106K | 5x |
| Short | BloFin ZEC-USDT | 1,453.5 | −0.0092 | pay 0.0092% / 8h | 2h 28m | $29.0M | $75.2M | 75x |
dYdX ZEC-USD
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against dYdX. 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
- −$19.32
- Price spread: −0.305% → +0.013%
- −$31.87
- Slippage, 4 orders
- −$82.3
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$155.49
- Costs to cover
- 1.043%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 61 min ago; BloFin: 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 dYdX live order book, 61 min ago | 41.05 bp | 46.1 bp −$46 | 54.1 bp −$541 | 240.1 bp −$24.0K | 1175.4 bp −$587.7K |
| Sell BloFin live order book, 6 min ago | 0.04 bp | 6.0 bp −$6 | 6.9 bp −$69 | 10.0 bp −$1,003 | 12.8 bp −$6,412 |
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 | −0.3476% | 1h | 1,433.1 | −1.699% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDTshort | −0.0092% | 8h | 1,453.5 | −0.305% | $29.0M | $75.2M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.1 | −0.124% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,455.6 | −0.157% | $17.7M | $44.7M | 25x | as long as short |
| Variational Omni ZEC | −0.0001% | 8h | 1,443 | −1.020% | $45.4M | $32.5M | — | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,457.9 | long leg | $411K | $106K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.3 | −0.045% | $914K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,455.7 | −0.153% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,456.5 | −0.096% | $593K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.1 | −0.126% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Variational Omni ZEC
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0012% | 8h | 1,457.6 | −0.023% | $268.3M | $675.6M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,455.9 | −0.135% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0026% / S +0.0072% | 1h | 1,455.9 | −0.136% | $547K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,455.9 | −0.136% | $172.5M | $1.36B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,455.9 | −0.140% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0079% | 8h | 1,455.8 | −0.143% | $49.4M | $189.8M | 75x | as long as short |
| Aster ZECUSDT | +0.0086% | 8h | 1,456.2 | −0.115% | $15.4M | $34.6M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,456.1 | −0.123% | $13K | $873K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.4 | +0.036% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.5 | −0.100% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.6 | −0.089% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.6 | −0.157% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,456.3 | −0.107% | $752.5M | $496.2M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457.4 | −0.035% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.3 | −0.041% | $664.3M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,441.6 | −1.119% | $392K | $516K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,445 | −0.885% | $890K | $32K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,455.7 | −0.151% | $216.9M | $893.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,455.6 | −0.156% | $103.4M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,455.7 | −0.152% | $161.0M | $313.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,455.6 | −0.162% | — | $102.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,454.5 | −0.237% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,444.1 | −0.947% | $485K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,445.8 | −0.833% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,445.6 | −0.842% | $702K | $608K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.5 | −0.512% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.4 | −0.104% | $350K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,455.7 | −0.154% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,454.6 | −0.227% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.6 | −0.022% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,455.8 | −0.147% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.7 | −0.013% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.2 | −0.052% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.1 | −0.401% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,456 | −0.134% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,455.9 | −0.138% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.3 | −0.044% | $870K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,457.3 | −0.045% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0459% | 1h | 1,450.9 | −0.484% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,458.7 | +0.055% | $754K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0680% | 1h | 1,458.4 | +0.034% | $1.9M | $8.5M | 10x | as long as short |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC