Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against GMX−0.012%7-day average −0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.066%+$7 on $10k
+Price spread, last 3 days (all we have)−0.157%−$16 · spread now −0.012%, 7d avg −0.043%
=Together, before fees−0.091%+ Points / potential airdropExtended: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.031% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,472.2 | L +0.0055% / S −0.0010% | pay 0.0007% / 1h | 5m 46s | $372K | — | 100x |
| Short | Extended ZEC-USD | 1,472 | 0.0104 | get 0.0013% / 1h | 5m 46s | $3.2M | $7.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against GMX. 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
- $10.39
- Price spread: −0.012% → −0.043%
- $3.06
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$3.55
- Costs to cover
- 0.170%
- Break-even
- 9.4 days
Slippage unknown: GMX: no order-book sample; Extended: live order book, 3 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 3 min ago | 1.49 bp | 6.1 bp −$6 | 11.3 bp −$113 | 61.6 bp −$6,159 | doesn't fit |
GMX: 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 | −0.3089% | 1h | 1,474.7 | +0.171% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0262% | 1h | 1,471.7 | −0.033% | $399K | $521K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,472.1 | −0.004% | $17.9M | $43.9M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,471.3 | −0.058% | $274.8M | $651.3M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0107% | 8h | 1,472.5 | +0.019% | $29.6M | $74.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.4 | +0.014% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0062% | 8h | 1,470.9 | −0.088% | $47.7M | $34.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.1 | +0.059% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.9 | +0.048% | $959K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,471.9 | −0.023% | $84K | $406K | 10x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,472.7 | +0.038% | $614K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.3 | +0.005% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,472.6 | +0.026% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,471.8 | −0.024% | $295K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,473.6 | +0.094% | $4.7M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,472 | −0.014% | $181.4M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0048% | 8h | 1,471.6 | −0.038% | $51.2M | $187.9M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0055% / S −0.0010% | 1h | 1,472.2 | long leg | $372K | — | 100x | |
| ApeX Omni ZECUSDT | +0.0055% | 1h | 1,473.5 | +0.087% | $432K | $844K | 50x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,472.8 | +0.043% | $19.2M | $52.6M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.1 | −0.009% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,473 | +0.055% | $19K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.1 | −0.007% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.7 | +0.032% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,473.2 | +0.069% | $763.2M | $472.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.5 | −0.047% | $15.0M | $32.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.7 | +0.036% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.9 | −0.019% | $683.3M | $2.45B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.7 | +0.103% | $696K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | +0.040% | $896K | $38K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.9 | −0.018% | $225.8M | $845.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.7 | −0.031% | $104.5M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,472 | −0.013% | $163.6M | $300.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,471.1 | −0.073% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,472.4 | +0.016% | $513K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.4 | +0.151% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473.1 | +0.062% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.8 | −0.026% | $335K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.7 | −0.032% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.4 | −0.123% | $458K | $508K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.2 | +0.139% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.8 | −0.025% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471 | −0.081% | $2.5M | $22.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472 | −0.014% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USDshort | +0.0104% | 1h | 1,472 | −0.012% | $3.2M | $7.0M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,472 | −0.015% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,472.8 | +0.041% | $834K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0397% | 1h | 1,472.1 | −0.007% | $2.5M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.6 | +0.161% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0440% | 1h | 1,473.5 | +0.086% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0765% | 1h | 1,473.5 | +0.091% | $46K | $47K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
Extended ZEC-USD
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
ApeX Omni ZECUSDT
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD