Funding you earn now, next payment 00:00 UTC−0.0198%/8h= −21.7% APRnext payment −$1.98 per $10,000 · paid last 24h −0.071%
Price spread now: BloFin against HTX−0.044%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 3 days (all we have)−0.001%$0 · spread now −0.044%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.080% cheaper against HTX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ZEC-USDT | 1,467.8 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $2.5M | $24.1M | 75x |
| Short | BloFin ZEC-USDT | 1,467.1 | −0.0098 | pay 0.0098% / 8h | 1h 42m | $29.1M | $75.5M | 75x |
HTX ZEC-USDT
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- −$41.65
- Price spread: −0.044% → +0.037%
- −$8.04
- Slippage, 4 orders
- −$6.58
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$80.27
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from HTX: live order book, 2 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 HTX live order book, 2 min ago | 2.66 bp | 8.7 bp −$9 | 12.3 bp −$123 | 34.3 bp −$3,426 | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.55 bp | 6.5 bp −$7 | 8.4 bp −$84 | 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 | −0.3310% | 1h | 1,462.9 | −0.328% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,466.3 | −0.100% | $17.9M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0190% | 1h | 1,466.9 | −0.058% | $398K | $521K | 5x | as long as short |
| BloFin ZEC-USDTshort | −0.0098% | 8h | 1,467.1 | −0.044% | $29.1M | $75.5M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.4 | −0.022% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0048% | 8h | 1,466.1 | −0.113% | $271.8M | $673.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0022% | 8h | 1,467.6 | −0.010% | $46.6M | $34.0M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.9 | +0.011% | $413K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.9 | +0.078% | $891K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.5 | −0.087% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,467.1 | −0.044% | $597K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.2 | −0.037% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,467 | −0.053% | $542K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,466.7 | −0.075% | $292K | $1.5M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0048% | 8h | 1,466.4 | −0.093% | $176.3M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0052% | 8h | 1,466.6 | −0.080% | $49.9M | $184.3M | 75x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.489% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,467.2 | −0.038% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,468.6 | +0.061% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,466.7 | −0.073% | $14K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,468.1 | +0.024% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.5 | −0.086% | $173K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466 | −0.120% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.2 | −0.037% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.6 | −0.010% | $760.5M | $490.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.6 | −0.080% | $15.4M | $33.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467 | −0.048% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.6 | −0.080% | $675.1M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.5 | −0.088% | $221.5M | $856.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.7 | −0.072% | $103.2M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.6 | −0.076% | $162.3M | $307.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,465.9 | −0.123% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.2 | +0.028% | $511K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,467.7 | −0.005% | $3.0M | $481K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,467.8 | +0.005% | $431K | $819K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.6 | +0.055% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.078% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.080% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,464.8 | −0.198% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.6 | +0.060% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,466.4 | −0.092% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDTlong | +0.0100% | 8h | 1,467.8 | long leg | $2.5M | $24.1M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.5 | −0.014% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.8 | −0.064% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.9 | −0.057% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,467 | −0.049% | $844K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0244% | 1h | 1,468.2 | +0.027% | $2.3M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,468.8 | +0.068% | $3.7M | $11.7M | 50x | as long as short |
| Lighter RH ZEC | +0.0440% | 1h | 1,469.4 | +0.114% | $2.0M | $8.2M | 10x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,467.8 | +0.006% | $733K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0537% | 1h | 1,467.3 | −0.033% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Bulk ZEC-USD
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD