Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.019%
Price spread now: Binance against Extended−0.035%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.035%, 7d avg +0.033%
=Together, before fees−0.119%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.069% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEC-USD | 1,470.1 | 0.0104 | pay 0.0013% / 1h | 41m 11s | $3.2M | $7.0M | 10x |
| Short | Binance ZECUSDT | 1,469.6 | 0.0100 | get 0.0100% / 8h | 7h 41m | $684.0M | $2.40B | 75x |
Extended ZEC-USD
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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
- −$0.84
- Price spread: −0.035% → +0.033%
- −$6.86
- Slippage, 4 orders
- −$4.34
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$27.04
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Binance: live order book, 3 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 Extended live order book, 3 min ago | 0.83 bp | 3.5 bp −$3 | 8.7 bp −$87 | 51.4 bp −$5,140 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.03 bp | 6.8 bp −$7 | 9.0 bp −$90 | 17.6 bp −$1,764 | 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 | −0.3321% | 1h | 1,473.9 | +0.255% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,469.9 | −0.012% | $17.9M | $43.1M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0150% | 1h | 1,471.2 | +0.074% | $399K | $519K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0103% | 8h | 1,470 | −0.009% | $29.7M | $73.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.6 | +0.030% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0078% | 8h | 1,469.2 | −0.061% | $274.5M | $640.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0058% | 8h | 1,471.8 | +0.113% | $47.7M | $34.3M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471 | +0.061% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.6 | +0.100% | $959K | $5.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,470.7 | +0.037% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,470.4 | +0.016% | $613K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.8 | −0.024% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,469.5 | −0.041% | $293K | $1.4M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0041% | 8h | 1,469.5 | −0.039% | $181.8M | $1.31B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,471.1 | +0.069% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.7 | −0.025% | $378K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,470.3 | +0.010% | $8K | $8K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470.1 | −0.002% | $176K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.3 | +0.012% | $60K | $39K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,470.6 | +0.033% | $14K | $836K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,471.2 | +0.074% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471 | +0.061% | $763.4M | $459.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.5 | −0.040% | $14.9M | $32.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,471.8 | +0.118% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,469.6 | −0.035% | $684.0M | $2.40B | 75x | |
| Arcus ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.121% | $695K | $8.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.7 | −0.031% | $51.4M | $178.7M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.6 | −0.035% | $230.5M | $823.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.8 | −0.022% | $105.3M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.6 | −0.034% | $163.4M | $295.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,470.1 | −0.003% | — | $100.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,471.5 | +0.097% | $573K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.6 | +0.172% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,475.9 | +0.393% | $432K | $859K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.203% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.3 | −0.055% | $332K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.5 | −0.043% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.9 | −0.154% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471.8 | +0.117% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.018% | $242K | $4.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.043% | $2.5M | $21.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.9 | +0.056% | $3.9M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.3 | +0.288% | $897K | $28K | 10x | as long as short |
| Extended ZEC-USDlong | +0.0104% | 1h | 1,470.1 | long leg | $3.2M | $7.0M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.1 | −0.002% | $70K | $175K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,471 | +0.062% | $19.1M | $50.3M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,471 | +0.060% | $841K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,472.4 | +0.152% | $3.8M | $10.4M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0584% | 1h | 1,473.8 | +0.248% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0776% | 1h | 1,472.2 | +0.140% | $2.0M | $8.0M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0776% | 1h | 1,473.5 | +0.228% | $44K | $48K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
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
Bulk ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD