Funding you earn now, next payment 21:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h +0.074%
Price spread now: Coinbase International against edgeX+0.090%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 3 days (all we have)+0.615%+$62 · spread now +0.090%, 7d avg +0.176%
=Together, before fees+0.451%+ Points / potential airdropedgeX: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.086% cheaper against edgeX than usual: you would sell low and buy high (spread +0.090% now, against its 7-day average of +0.176%). If the spread goes back, that is −$9 on $10k: about 20 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZECUSDC | 1,450.9 | 0.0100 | pay 0.0050% / 4h | 2h 34m | $487K | $9.7M | 20x |
| Short | Coinbase International ZEC-PERP-INTX | 1,452.2 | 0.0440 | get 0.0055% / 1h | 34m 38s | $3.7M | $11.4M | 50x |
edgeX ZECUSDC
Coinbase International ZEC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- $71.4
- Price spread: +0.090% → +0.176%
- −$8.56
- Slippage, 4 orders
- −$13.67
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $30.17
- Costs to cover
- 0.327%
- Break-even
- 4.0 days
Slippage from edgeX: live order book, 4 min ago; Coinbase International: live order book, 4 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 edgeX live order book, 4 min ago | 0.38 bp | 4.9 bp −$5 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.00 bp | 10.3 bp −$10 | 14.2 bp −$142 | 39.3 bp −$3,929 | 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 | −0.3476% | 1h | 1,438.5 | −0.854% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,448.8 | −0.143% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,449.2 | −0.121% | $17.6M | $44.4M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,450 | −0.061% | $28.8M | $74.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0009% | 8h | 1,449.1 | −0.124% | $45.6M | $32.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,448 | −0.197% | $408K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.8 | −0.075% | $897K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449.8 | −0.078% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,449.9 | −0.068% | $590K | $1.3M | 25x | as long as short |
| Bybit ZECUSDT | +0.0004% | 8h | 1,448.2 | −0.190% | $268.0M | $675.0M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Bybit ZECUSDTShow 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 | 1,450 | −0.066% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,449.3 | −0.109% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0030% / S +0.0070% | 1h | 1,449.3 | −0.111% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0054% | 8h | 1,448.3 | −0.177% | $171.6M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0070% | 8h | 1,448.7 | −0.155% | $49.0M | $187.0M | 75x | as long as short |
| Aster ZECUSDT | +0.0075% | 8h | 1,448.3 | −0.180% | $15.2M | $34.7M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,448.5 | −0.164% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0093% | 1h | 1,448.2 | −0.186% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,448.1 | −0.193% | $13K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,449.5 | −0.098% | $18.7M | $54.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,447.9 | −0.205% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,448.6 | −0.158% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450 | −0.065% | $3.0M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,448.7 | −0.152% | $749.9M | $490.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,448.9 | −0.139% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,448.8 | −0.142% | $659.3M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.110% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,448.8 | −0.142% | $219.0M | $888.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.2 | −0.188% | $103.4M | $56.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.3 | −0.177% | $160.9M | $312.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,447.9 | −0.209% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,450 | −0.065% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,450.9 | long leg | $487K | $9.7M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,450.3 | −0.044% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.4 | +0.035% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.1 | +0.013% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.6 | −0.090% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.7 | −0.086% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.9 | −0.205% | $440K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,451.5 | +0.038% | $4K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.4 | −0.102% | $220K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,449.6 | −0.088% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.9 | −0.069% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.098% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.7 | −0.155% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449.5 | −0.096% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,448.8 | −0.144% | $865K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTXshort | +0.0440% | 1h | 1,452.2 | +0.090% | $3.7M | $11.4M | 50x | |
| Aftermath Perps ZECUSD | +0.0443% | 1h | 1,451.6 | +0.051% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,450.6 | −0.023% | $756K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,450.6 | −0.020% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC