Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.038%
Price spread now: dYdX against Extended−0.024%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.024%, 7d avg +0.007%
=Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 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 dYdX is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEC-USD | 1,447.3 | 0.0104 | pay 0.0013% / 1h | 48m 26s | $2.8M | $7.7M | 10x |
| Short | dYdX ZEC-USD | 1,447 | 0 | get 0.0000% / 1h | 48m 26s | $407K | $40K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$21.84
- Price spread: −0.024% → +0.007%
- −$3.05
- Slippage, 4 orders
- −$67.21
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$107.1
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; dYdX: live order book, 11 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, 6 min ago | 1.57 bp | 4.1 bp −$4 | 8.1 bp −$81 | 198.5 bp −$19.8K | doesn't fit |
| Sell dYdX live order book, 11 min ago | 29.20 bp | 37.5 bp −$37 | 90.2 bp −$902 | 233.0 bp −$23.3K | 1396.0 bp −$698.0K |
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 | −0.3166% | 1h | 1,448 | +0.045% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,446.5 | −0.053% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0074% | 8h | 1,446.4 | −0.060% | $29.1M | $70.3M | 75x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,447 | −0.024% | $407K | $40K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,446.9 | −0.032% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,447.4 | +0.007% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,447.8 | +0.031% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0058% | 8h | 1,446.2 | −0.079% | $289K | $958K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0064% / S −0.0015% | 1h | 1,446.2 | −0.074% | $406K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,448.3 | +0.067% | $8K | $7K | 5x | 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 | 1,448 | +0.049% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,447.1 | −0.013% | $10K | $874K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,447.6 | +0.022% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,448 | +0.050% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,449 | +0.116% | $753.6M | $434.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,446.7 | −0.044% | $14.4M | $27.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,447.2 | −0.010% | $1.6M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,447.9 | +0.044% | $664.1M | $2.22B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,447.6 | +0.017% | $261.1M | $602.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,448.2 | +0.058% | $176.7M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,445.7 | −0.112% | $394K | $442K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,449.4 | +0.147% | $876K | $23K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,447.8 | +0.031% | $49.8M | $172.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,448 | +0.048% | $214.1M | $768.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.1 | +0.054% | $101.9M | $54.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,447.9 | +0.043% | $164.3M | $273.9M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,447.7 | +0.029% | — | $100.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,447.7 | +0.028% | $2.5M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,447.2 | −0.011% | $47.4M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,449.2 | +0.133% | $564K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.8 | +0.101% | $3.0M | $424K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,447.1 | −0.018% | $405K | $916K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,446.7 | −0.044% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,447.5 | +0.013% | $364K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,447.8 | +0.035% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,445.2 | −0.148% | $441K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,449.1 | +0.125% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,446.5 | −0.059% | $232K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,446.2 | −0.078% | $2.6M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,446.4 | −0.062% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USDlong | +0.0104% | 1h | 1,447.3 | long leg | $2.8M | $7.7M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,445.7 | −0.108% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,448.9 | +0.110% | $4.6M | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0226% | 1h | 1,446.8 | −0.034% | $607K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0279% | 1h | 1,446.3 | −0.070% | $17.9M | $44.8M | 25x | as long as short |
| Lighter ZEC | +0.0360% | 1h | 1,448.4 | +0.075% | $19.0M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,448.5 | +0.083% | $932K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,448.7 | +0.099% | $2.0M | $6.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,448.7 | +0.093% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,449.9 | +0.178% | $738K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0671% | 1h | 1,448.7 | +0.097% | $44K | $49K | 10x | as long as short |
Extended ZEC-USD
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
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
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
Phoenix ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD