Funding you earn now, next payment 00:00 UTC−0.0196%/8h= −21.5% APRnext payment −$1.96 per $10,000 · paid last 24h −0.051%
Price spread now: BloFin against GRVT−0.233%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days−0.385%−$39 on $10k
+Price spread, last 3 days (all we have)+0.724%+$72 · spread now −0.233%, 7d avg +0.041%
=Together, before fees+0.339%+ Points / potential airdropGRVT: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.274% cheaper against GRVT than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ZEC_USDT_Perp | 1,448.7 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $3.0M | $501K | 10x |
| Short | BloFin ZEC-USDT | 1,445.3 | −0.0096 | pay 0.0096% / 8h | 2h 32m | $28.7M | $74.7M | 75x |
GRVT ZEC_USDT_Perp
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$41.17
- Price spread: −0.233% → +0.041%
- −$27.41
- Slippage, 4 orders
- −$4.14
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$93.72
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; BloFin: live order book, 7 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 GRVT live order book, 1 min ago | 1.38 bp | 6.8 bp −$7 | 8.4 bp −$84 | 4940.7 bp −$494.1K | 64658.7 bp −$32.33M |
| Sell BloFin live order book, 7 min ago | 0.03 bp | 6.4 bp −$6 | 7.3 bp −$73 | 13.7 bp −$1,365 | 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 | −0.3476% | 1h | 1,438.5 | −0.702% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDTshort | −0.0096% | 8h | 1,445.3 | −0.233% | $28.7M | $74.7M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,444.8 | −0.268% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,444.5 | −0.290% | $17.6M | $44.5M | 25x | as long as short |
| Variational Omni ZEC | −0.0009% | 8h | 1,449.1 | +0.029% | $45.6M | $32.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,445.1 | −0.244% | $407K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,445.2 | −0.240% | $907K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,444.7 | −0.272% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,445.3 | −0.230% | $588K | $1.3M | 25x | as long as short |
| Bybit ZECUSDT | +0.0005% | 8h | 1,444.4 | −0.293% | $266.2M | $675.8M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,445.1 | −0.247% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,444.9 | −0.264% | $290K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0029% / S +0.0070% | 1h | 1,444.7 | −0.272% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0054% | 8h | 1,444.3 | −0.301% | $171.1M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0072% | 8h | 1,444.3 | −0.300% | $49.4M | $188.3M | 75x | as long as short |
| Aster ZECUSDT | +0.0074% | 8h | 1,444.7 | −0.278% | $15.2M | $34.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,444.7 | −0.275% | $7K | $8K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,444.2 | −0.311% | $13K | $873K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,446.3 | −0.163% | $18.7M | $54.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,444.6 | −0.282% | $172K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,445.4 | −0.228% | $59K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,445.9 | −0.192% | $2.4M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,445.5 | −0.220% | $747.4M | $493.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,444.9 | −0.258% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,444.8 | −0.267% | $657.5M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,442.7 | −0.413% | $394K | $516K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | +0.264% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,444.7 | −0.276% | $214.0M | $891.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,444.6 | −0.284% | $102.5M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,444.4 | −0.299% | $160.0M | $313.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,443.9 | −0.333% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,445.3 | −0.235% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,449.9 | +0.082% | $488K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perplong | +0.0100% | 8h | 1,448.7 | long leg | $3.0M | $501K | 10x | |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.4 | +0.188% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,450.2 | +0.106% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,444.9 | −0.261% | $297K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,444.6 | −0.278% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,443.3 | −0.369% | $439K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,446.5 | −0.150% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,444.8 | −0.268% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,445.1 | −0.246% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,445 | −0.251% | $3.7M | $5.3M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | +0.252% | $4.5M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,444.5 | −0.289% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,444.9 | −0.262% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,445.1 | −0.244% | $862K | $1.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,447 | −0.113% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0449% | 1h | 1,450 | +0.094% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,446.8 | −0.129% | $767K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0688% | 1h | 1,446.5 | −0.152% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
01 Exchange ZECUSD
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC