Funding you earn now, next payment 02:22 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%
Price spread now: Perpl against edgeX−0.177%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)+0.765%+$76 · spread now −0.177%, 7d avg +0.012%
=Together, before fees+0.548%+ Points / potential airdropedgeX: Active · Perpl: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.190% cheaper against edgeX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZECUSDC | 1,460.6 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $570K | $8.7M | 20x |
| Short | Perpl ZEC | 1,458.1 | 0 | get 0.0000% / 43m | 3m 18s | $83K | $241K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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: −0.177% → +0.012%
- −$18.95
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$62.75
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.
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 | 0.34 bp | 4.9 bp −$5 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3244% | 1h | 1,463.5 | +0.194% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0083% | 8h | 1,461 | +0.027% | $29.3M | $70.9M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.4 | +0.191% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.7 | −0.205% | $410K | $43K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.2 | +0.244% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,458.1 | −0.177% | $83K | $241K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.3 | −0.231% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0050% | 8h | 1,457.8 | −0.192% | $292K | $966K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,457.5 | −0.218% | $409K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,461.9 | +0.088% | $4.6M | $1.4M | 10x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,458.1 | −0.175% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,457.8 | −0.195% | $15K | $875K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.9 | −0.188% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458 | −0.182% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.4 | −0.153% | $757.8M | $434.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.9 | −0.185% | $14.5M | $28.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458.5 | −0.145% | $1.7M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.5 | −0.218% | $667.5M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,457.6 | −0.210% | $264.9M | $605.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,458.1 | −0.176% | $178.4M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,460.5 | −0.010% | $396K | $439K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.1 | −0.311% | $882K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.8 | −0.198% | $49.8M | $174.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.7 | −0.202% | $214.4M | $779.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,458.1 | −0.172% | $102.1M | $55.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,458.1 | −0.173% | $162.4M | $273.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.8 | −0.197% | — | $97.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,463.7 | +0.209% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.2 | +0.109% | $47.8M | $32.8M | — | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,460.6 | long leg | $570K | $8.7M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.3 | +0.112% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461 | +0.027% | $411K | $909K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.9 | +0.156% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.236% | $375K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.8 | −0.197% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.6 | −0.277% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.1 | −0.036% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.205% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462 | +0.091% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,462.8 | +0.145% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.4 | −0.223% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.6 | −0.208% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0152% | 1h | 1,458.2 | −0.170% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0195% | 1h | 1,457.6 | −0.207% | $18.0M | $44.6M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,459.3 | −0.092% | $19.1M | $46.7M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,459.2 | −0.100% | $701K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0376% | 1h | 1,461.4 | +0.051% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0398% | 1h | 1,458.7 | −0.132% | $613K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,458.5 | −0.147% | $834K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,459.4 | −0.088% | $3.7M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0689% | 1h | 1,459.7 | −0.061% | $45K | $49K | 10x | as long as short |
edgeX ZECUSDC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Extended ZEC-USD
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Lighter ZEC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD