Funding you earn now, next payment 00:00 UTC−0.0442%/8h= −48.5% APRpaid last 24h −0.037%
Price spread now: Kraken Futures against edgeX+0.084%76s7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$280.278% of the position
Funding, last 7 days−0.460%−$46 on $10k
+Price spread, last 3 days (all we have)+0.850%+$85 · spread now +0.084%, 7d avg +0.087%
=Together, before fees+0.390%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.087%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. The two prices were read 76 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 | 1,470.1 | 0.0100 | pay 0.0050% / 4h | 3h 58m | $549K | $9.2M | 20x |
| Short | Kraken Futures PF_ZECUSD | 1,471.3 | −0.0342 | pay 0.0043% / 1h | 58m 20s | $17.9M | $43.8M | 25x |
edgeX ZECUSDC
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$92.92
- Price spread: +0.084% → +0.087%
- −$0.29
- Slippage, 4 orders
- −$8.77
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$120.98
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Kraken Futures: 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 edgeX live order book, 1 min ago | 0.37 bp | 5.0 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 1.56 bp | 8.8 bp −$9 | 13.1 bp −$131 | 20.3 bp −$2,026 | 106.7 bp −$53.4K |
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 | −0.3321% | 1h | 1,472.6 | +0.169% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSDshort | −0.0342% | 1h | 1,471.3 | +0.084% | $17.9M | $43.8M | 25x | |
| Phemex ZECUSDT | −0.0301% | 8h | 1,471.4 | +0.093% | $3.8M | $5.4M | 50x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,469.8 | −0.021% | $29.6M | $74.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.3 | +0.084% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0063% | 8h | 1,469.3 | −0.053% | $47.6M | $34.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,470.4 | +0.020% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.2 | +0.076% | $957K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471 | +0.062% | $84K | $405K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0002% | 1h | 1,470 | −0.005% | $399K | $520K | 5x | as long as short |
Injective ZEC/USDC PERP
Phemex ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Ondo Perps ZEC-USD.PShow 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 | 1,471.8 | +0.116% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,470.9 | +0.057% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,471.9 | +0.126% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,471.4 | +0.090% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0028% | 1h | 1,470.5 | +0.028% | $431K | $845K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,471 | +0.066% | $181.8M | $1.34B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,471.7 | +0.108% | $372K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,472.8 | +0.183% | $19.2M | $50.2M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.1 | +0.071% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,472.3 | +0.151% | $12K | $844K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,471.2 | +0.077% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.4 | +0.090% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.5 | +0.165% | $763.4M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471 | +0.066% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.6 | +0.106% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.3 | +0.085% | $683.5M | $2.45B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.8 | +0.052% | $274.7M | $648.4M | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,472.6 | +0.175% | $701K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.046% | $895K | $33K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471.5 | +0.099% | $51.1M | $177.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.5 | +0.097% | $229.2M | $818.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471 | +0.063% | $104.5M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.4 | +0.091% | $163.7M | $300.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.6 | +0.037% | — | $6.7M | — | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,470.1 | long leg | $549K | $9.2M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.6 | +0.038% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.048% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471 | +0.063% | $333K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.2 | +0.079% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.5 | −0.042% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.8 | +0.250% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.1 | +0.067% | $242K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.046% | $2.5M | $22.5M | 75x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.4 | +0.089% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.3 | +0.085% | $28K | $201K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0220% | 1h | 1,472.3 | +0.154% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,472.3 | +0.150% | $839K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0440% | 1h | 1,470.6 | +0.039% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,473.7 | +0.248% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0552% | 1h | 1,473.5 | +0.231% | $2.0M | $7.9M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0776% | 1h | 1,472.9 | +0.195% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD