Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: RISEx against Extended−0.072%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$210.210% of the position
Funding, last 4 days (all we have)+0.204%+$20 on $10k
+Price spread, last 7 days+0.095%+$9 · spread now −0.072%, 7d avg +0.057%
=Together, before fees+0.299%+ Points / potential airdropExtended: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.129% cheaper against Extended than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.057%). If the spread goes back, that is −$13 on $10k: about 8.5 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.204% in total) that is about 2.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ZEC-USD | 1,470.9 | 0.0104 | pay 0.0013% / 1h | 35m 53s | $2.8M | $7.8M | 10x |
| Short | RISEx ZEC/USDC | 1,469.8 | 0.0154 | get 0.0019% / 1h | 35m 53s | $928K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $10.57
- Price spread: −0.072% → +0.057%
- −$12.86
- Slippage, 4 orders
- −$10.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$23.3
- Costs to cover
- 0.210%
- Break-even
- 22.4 days
Slippage from Extended: live order book, 3 min ago; RISEx: 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 | 0.58 bp | 3.9 bp −$4 | 5.7 bp −$57 | 67.3 bp −$6,733 | doesn't fit |
| Sell RISEx live order book, 3 min ago | 1.02 bp | 4.0 bp −$4 | 9.4 bp −$94 | doesn't fit | 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 | −0.3243% | 1h | 1,468.8 | −0.143% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.6 | −0.087% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0073% | 8h | 1,469.2 | −0.110% | $29.9M | $71.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.7 | −0.146% | $408K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.2 | +0.022% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.7 | −0.079% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,471 | +0.011% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,469.9 | −0.062% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,471.2 | +0.025% | $294K | $902K | 20x | as long as short |
| Bybit ZECUSDT | +0.0089% | 8h | 1,469.8 | −0.070% | $261.5M | $589.7M | 75x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,466.5 | −0.297% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.5 | −0.090% | $174K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0096% / S −0.0050% | 1h | 1,470.1 | −0.050% | $438K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0097% | 1h | 1,472.2 | +0.094% | $620K | $1.3M | 25x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.2 | −0.110% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.6 | −0.082% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.9 | −0.062% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.4 | +0.037% | $766.2M | $418.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.6 | −0.015% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.6 | −0.085% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.7 | −0.008% | $678.3M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,470 | −0.056% | $178.7M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,465.3 | −0.378% | $399K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.556% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,470.8 | −0.007% | $53.2M | $170.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.9 | 0.000% | $222.8M | $760.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.5 | +0.040% | $103.4M | $52.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.3 | −0.036% | $166.4M | $267.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.9 | 0.000% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,470.5 | −0.022% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,465.2 | −0.387% | $570K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,466.6 | −0.290% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.2 | −0.319% | $405K | $925K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.7 | −0.149% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470 | −0.058% | $360K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470.1 | −0.054% | $162K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.1 | −0.052% | $449K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.6 | +0.253% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.7 | +0.059% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470 | −0.058% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.3 | +0.095% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USDlong | +0.0104% | 1h | 1,470.9 | long leg | $2.8M | $7.8M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472 | +0.075% | $46K | $152K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,471.6 | +0.049% | $2.1M | $7.1M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,471.7 | +0.060% | $19.5M | $43.9M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,471.8 | +0.065% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDCshort | +0.0154% | 1h | 1,469.8 | −0.072% | $928K | $1.1M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0331% | 1h | 1,472.4 | +0.106% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,471.5 | +0.045% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,470.7 | −0.008% | $667K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0678% | 1h | 1,467.3 | −0.243% | $45K | $49K | 10x | as long as short |
Extended ZEC-USD
RISEx ZEC/USDC
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Bybit ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC
Lighter ZEC
Kraken Futures PF_ZECUSD
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD