ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h −0.025%

Price spread now: Kraken Futures against dYdX+0.029%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1011.011% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.375%−$37 on $10k

Price spread, last 4 days (all we have)+0.415%+$41 · spread now +0.029%, 7d avg +0.033%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.375%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX ZEC-USD	1,465.4	0	get 0.0000% / 1h	54m 36s	$407K	$37K	5x
Short	Kraken Futures PF_ZECUSD	1,465.8	0.0147	get 0.0018% / 1h	54m 36s	$18.0M	$45.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.029%Rate

Funding earned: $30.8
Price spread: +0.029% → +0.033%: −$0.4
Slippage, 4 orders: −$81.13
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$70.73
Costs to cover: 1.011%
Break-even: 23.1 days

Slippage from dYdX: live order book, 60 min ago; Kraken Futures: live order book, 5 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, 60 min ago	35.60 bp	40.6 bp −$41	52.3 bp −$523	79.8 bp −$7,979	323.4 bp −$161.7K
Sell Kraken Futures live order book, 5 min ago	2.90 bp	10.5 bp −$11	14.5 bp −$145	20.8 bp −$2,076	78.6 bp −$39.3K

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	−0.3243%	1h	1,467.4	+0.138%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,466	+0.042%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0072%	8h	1,465.8	+0.029%	$29.8M	$70.7M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0048%	1h	1,466.6	+0.082%	$398K	$435K	5x	as long as short
dYdX ZEC-USDlong	0.0000%	1h	1,465.4	long leg	$407K	$37K	5x
Perpl ZEC	0.0000%	43m	1,466.1	+0.047%	$84K	$239K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,466.3	+0.063%	$617K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,466	+0.041%	$5.2M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	1,465.3	−0.005%	$8K	$7K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0062%	8h	1,465.6	+0.014%	$293K	$900K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0092% / S −0.0044%	1h	1,465.8	+0.028%	$437K	—	100x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,466.6	+0.079%	$2.1M	$7.0M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,465.2	−0.016%	$173K	$1.6M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,465.8	+0.027%	$13K	$796K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,464.9	−0.037%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,465.8	+0.024%	$2.8M	$6.4M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,466.3	+0.062%	$763.8M	$418.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,465.2	−0.010%	$14.5M	$27.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,465.4	−0.001%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,465.1	−0.019%	$675.7M	$2.16B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,464.1	−0.089%	$261.5M	$586.0M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,464.4	−0.070%	$178.8M	$1.20B	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,462.8	−0.177%	$884K	$17K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,464.7	−0.046%	$52.6M	$169.4M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,464.8	−0.042%	$218.2M	$757.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,465.6	+0.014%	$103.2M	$52.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,465	−0.025%	$166.4M	$267.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,465.7	+0.018%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,466.7	+0.087%	$48.1M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,466.6	+0.081%	$572K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,467.3	+0.132%	$3.0M	$453K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,467.3	+0.132%	$405K	$922K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,467	+0.111%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,464.9	−0.034%	$358K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,465.6	+0.015%	$161K	$186K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465	−0.029%	$447K	$506K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,468.6	+0.218%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,465.8	+0.027%	$235K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,466.4	+0.065%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,466.3	+0.063%	$3.9M	$4.8M	50x	as long as short
Kalshi KXZECPERP	+0.0101%	8h	1,466.6	+0.084%	$1.5M	$4.4M	2.2x	as long as short
Lighter ZEC	+0.0104%	1h	1,466	+0.038%	$19.4M	$43.8M	20x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,465	−0.030%	$2.8M	$7.8M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,465.6	+0.012%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0116%	1h	1,467.5	+0.140%	$4.7M	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0145%	1h	1,466.1	+0.044%	$2.4M	$3.8M	15x	as long as short
Kraken Futures PF_ZECUSDshort	+0.0147%	1h	1,465.8	+0.029%	$18.0M	$45.6M	25x
RISEx ZEC/USDC	+0.0154%	1h	1,465.2	−0.012%	$926K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0496%	1h	1,467.8	+0.163%	$3.8M	$9.1M	50x	as long as short
Arcus ZEC-USD	+0.0508%	1h	1,466.6	+0.079%	$670K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0683%	1h	1,466.3	+0.064%	$45K	$49K	10x	as long as short