Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: dYdX against edgeX+0.190%51s7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)+0.524%+$52 · spread now +0.190%, 7d avg +0.055%
=Together, before fees+0.465%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.134% dearer against edgeX than usual: you sell high and buy low (spread +0.190% now, against its 7-day average of +0.055%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.059% in total) that is about 16 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZECUSDC | 1,461.4 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $509K | $9.5M | 20x |
| Short | dYdX ZEC-USD | 1,464.1 | 0 | get 0.0000% / 1h | 34m 43s | $412K | $106K | 5x |
edgeX ZECUSDC
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21
- Price spread: +0.190% → +0.055%
- $13.42
- Slippage, 4 orders
- −$79.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$106.19
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; dYdX: live order book, 49 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 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 49 min ago | 38.64 bp | 44.1 bp −$44 | 48.4 bp −$484 | 103.4 bp −$10.3K | 412.9 bp −$206.4K |
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 | 1,448.2 | −0.899% | $33K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,463.9 | +0.173% | $17.8M | $44.8M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0214% | 1h | 1,459.3 | −0.142% | $396K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0089% | 8h | 1,463.7 | +0.161% | $29.3M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.2 | +0.054% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0051% | 8h | 1,462.6 | +0.087% | $270.9M | $673.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0025% | 8h | 1,460.9 | −0.030% | $46.5M | $34.0M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0024% | 1h | 1,463.5 | +0.144% | $430K | $820K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,464.5 | +0.213% | $541K | — | 100x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,464.1 | +0.190% | $412K | $106K | 5x |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.8 | +0.098% | $885K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.6 | +0.154% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464.7 | +0.229% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,464 | +0.179% | $292K | $1.5M | 20x | as long as short |
| Bulk ZEC-USD | +0.0030% | 1h | 1,466 | +0.318% | $905K | $27K | 10x | as long as short |
| Gate ZEC_USDT | +0.0047% | 8h | 1,463.1 | +0.119% | $50.0M | $184.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0049% | 8h | 1,463.2 | +0.122% | $175.8M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,463.4 | +0.135% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,461.4 | −0.001% | $4.6M | $1.6M | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,464.9 | +0.243% | $19.0M | $52.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.9 | +0.104% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,462.8 | +0.099% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463 | +0.114% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.8 | +0.097% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,463.8 | +0.166% | $758.7M | $484.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462.8 | +0.098% | $15.6M | $33.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.7 | +0.157% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.1 | +0.120% | $674.3M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463 | +0.113% | $224.8M | $861.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,463 | +0.109% | $103.7M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.1 | +0.115% | $161.8M | $306.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.4 | +0.068% | — | $6.7M | — | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,461.4 | long leg | $509K | $9.5M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.2 | +0.057% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.8 | +0.098% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.1 | +0.118% | $343K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,464 | +0.181% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.3 | +0.065% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466 | +0.315% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.8 | +0.165% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463.4 | +0.139% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.1 | +0.187% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.2 | +0.122% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,463.9 | +0.173% | $36K | $367K | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0187% | 1h | 1,464.3 | +0.200% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.1 | +0.121% | $841K | $1.6M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0246% | 1h | 1,464.8 | +0.234% | $596K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,465.3 | +0.271% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.6 | +0.291% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,464.5 | +0.211% | $738K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0542% | 1h | 1,464.9 | +0.244% | $40K | $34K | 10x | as long as short |
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD