ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%

Price spread now: Polymarket Perps against dYdX−0.021%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$105as in the Price arb table

costs, in and out, $10k−$1021.022% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.266%−$27 on $10k

Price spread, last 4 days (all we have)−0.583%−$58 · spread now −0.021%, 7d avg +0.005%

Together, before fees−0.849%−$85 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.027% cheaper against dYdX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, 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	1,462.6	0	get 0.0000% / 1h	38m 14s	$412K	$106K	5x
Short	Polymarket Perps ZEC-USD	1,462.3	0.0100	get 0.0013% / 1h	38m 14s	$344K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.021%Rate

Funding earned: $21
Price spread: −0.021% → +0.005%: −$2.67
Slippage, 4 orders: −$84.22
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$83.89
Costs to cover: 1.022%
Break-even: 35.0 days

Slippage from dYdX: live order book, 46 min ago; Polymarket Perps: 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, 46 min ago	38.64 bp	44.8 bp −$45	52.1 bp −$521	102.1 bp −$10.2K	416.9 bp −$208.5K
Sell Polymarket Perps live order book, 5 min ago	1.36 bp	6.0 bp −$6	9.1 bp −$91	28.4 bp −$2,843	doesn't fit

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	−0.3310%	1h	1,465.8	+0.215%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0405%	1h	1,462	−0.040%	$17.8M	$44.7M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0245%	1h	1,466	+0.232%	$398K	$520K	5x	as long as short
BloFin ZEC-USDT	−0.0088%	8h	1,462.7	+0.003%	$29.1M	$75.2M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,462	−0.040%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0051%	8h	1,460.6	−0.135%	$270.7M	$673.5M	75x	as long as short
Variational Omni ZEC	−0.0026%	8h	1,465.3	+0.181%	$46.6M	$34.0M	—	as long as short
dYdX ZEC-USDlong	0.0000%	1h	1,462.6	long leg	$412K	$106K	5x
Kalshi KXZECPERP	0.0000%	8h	1,463	+0.027%	$885K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,462.2	−0.030%	$83K	$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	1,462.8	+0.014%	$5.2M	—	150x	as long as short
ApeX Omni ZECUSDT	+0.0007%	1h	1,466.5	+0.268%	$431K	$820K	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0009% / S +0.0079%	1h	1,462.7	+0.009%	$541K	—	100x	as long as short
Orderly PERP_ZEC_USDC	+0.0014%	8h	1,462.3	−0.021%	$292K	$1.5M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0028%	1h	1,462.4	−0.011%	$595K	$1.3M	25x	as long as short
Bulk ZEC-USD	+0.0030%	1h	1,466	+0.233%	$905K	$27K	10x	as long as short
Gate ZEC_USDT	+0.0044%	8h	1,462	−0.039%	$49.9M	$184.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0046%	8h	1,460.8	−0.122%	$175.7M	$1.35B	50x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,462.3	−0.019%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,468.3	+0.392%	$4.6M	$1.6M	10x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,462.5	−0.006%	$14K	$862K	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,462	−0.040%	$173K	$1.9M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,462.3	−0.019%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,463.3	+0.045%	$2.5M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,463.3	+0.047%	$758.2M	$484.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,462.1	−0.033%	$15.6M	$33.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,462.8	+0.010%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,462	−0.045%	$673.6M	$2.50B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,461.8	−0.056%	$220.7M	$858.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,462.2	−0.025%	$102.9M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460.8	−0.121%	$161.5M	$307.2M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,461.4	−0.080%	—	$103.2M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,465.9	+0.223%	$510K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,464.7	+0.140%	$3.0M	$481K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,465.4	+0.190%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USDshort	+0.0100%	1h	1,462.3	−0.021%	$344K	$1.9M	10x
Bullet ZEC-USD	+0.0100%	1h	1,462.3	−0.024%	$127K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,460.9	−0.119%	$446K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,464.7	+0.146%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,462.1	−0.033%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,461.5	−0.077%	$2.5M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,462.4	−0.012%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,462.3	−0.018%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,462.2	−0.031%	$36K	$367K	20x	as long as short
Lighter ZEC	+0.0112%	1h	1,462.6	−0.001%	$18.9M	$52.5M	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,462.3	−0.018%	$841K	$1.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0203%	1h	1,462.4	−0.012%	$2.3M	$3.9M	15x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,463.2	+0.040%	$2.0M	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,463.5	+0.064%	$3.7M	$11.6M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,463.6	+0.070%	$739K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0534%	1h	1,465.3	+0.185%	$41K	$34K	10x	as long as short