Funding you earn now, next payment 04:31 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.003%
Price spread now: Perpl against gTrade (Gains Network)+0.074%7-day average −0.053% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.074%, 7d avg −0.053%
=Together, before fees−0.158%+ Points / potential airdropPerpl: Active · farm board−$16 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: Perpl is 0.127% dearer against gTrade (Gains Network) than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.053%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) ZEC/USD | 1,462.8 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 9m 21s | $5.2M | — | 150x |
| Short | Perpl ZEC | 1,463.8 | 0 | get 0.0000% / 43m | 6m 21s | $84K | $239K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against gTrade (Gains Network). 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
- −$1.44
- Price spread: +0.074% → −0.053%
- $12.73
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$12.52
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.03 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | 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 | −0.3042% | 1h | 1,463 | +0.018% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.3 | +0.241% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,466.1 | +0.230% | $29.7M | $71.0M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.5 | +0.053% | $407K | $37K | 5x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,463.8 | +0.074% | $84K | $239K | 10x | |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,462.8 | long leg | $5.2M | — | 150x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0016% | 1h | 1,463.9 | +0.078% | $616K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,462.4 | −0.024% | $292K | $900K | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0070% | 1h | 1,462.1 | −0.045% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0088% / S −0.0040% | 1h | 1,462.6 | −0.011% | $437K | — | 100x | 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 | 1,463.6 | +0.058% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.3 | +0.103% | $14K | $801K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.6 | +0.126% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.4 | +0.115% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462.9 | +0.012% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,464.6 | +0.125% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,462.6 | −0.009% | $673.2M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,462 | −0.055% | $262.0M | $587.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,462.2 | −0.038% | $179.1M | $1.20B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.6 | −0.147% | $882K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,462.7 | −0.004% | $52.2M | $173.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463 | +0.013% | $219.2M | $775.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.2 | +0.096% | $103.1M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.7 | +0.061% | $166.1M | $267.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,464 | +0.083% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | +0.113% | $48.0M | $32.5M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.5 | −0.083% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.2 | +0.028% | $3.0M | $464K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.4 | −0.094% | $404K | $945K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464 | +0.085% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.3 | +0.037% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.5 | −0.021% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.4 | −0.092% | $446K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.9 | +0.213% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,463.6 | +0.054% | $234K | $3.1M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.2 | −0.037% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.2 | +0.031% | $3.9M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.9 | +0.076% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.4 | −0.022% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,464.7 | +0.135% | $4.7M | $1.3M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,464 | +0.087% | $8K | $7K | 5x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.8 | +0.207% | $2.1M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0146% | 1h | 1,464.8 | +0.139% | $763.3M | $419.3M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.7 | +0.199% | $19.4M | $45.4M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0179% | 8h | 1,464.8 | +0.142% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,463.9 | +0.079% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0299% | 1h | 1,464 | +0.087% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,463.4 | +0.042% | $18.0M | $45.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,465.1 | +0.163% | $677K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,468.4 | +0.383% | $3.8M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,463 | +0.018% | $45K | $49K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
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-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
Extended ZEC-USD
Phoenix ZEC
01 Exchange ZECUSD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD