Funding you earn now, next payment 00:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.025%
Price spread now: Orderly against HTX−0.036%7-day average +0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)+0.146%+$15 · spread now −0.036%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.074% cheaper against HTX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ZEC-USDT | 1,455 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $2.4M | $25.2M | 75x |
| Short | Orderly PERP_ZEC_USDC | 1,454.5 | 0.0008 | get 0.0008% / 8h | 2h 50m | $292K | $1.5M | 20x |
HTX ZEC-USDT
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$19.32
- Price spread: −0.036% → +0.038%
- −$7.44
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.76
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 4 min ago; Orderly: 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 HTX live order book, 4 min ago | 2.68 bp | 9.7 bp −$10 | 20.0 bp −$200 | 40.3 bp −$4,035 | 131.6 bp −$65.8K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.3476% | 1h | 1,437.6 | −1.195% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,452.5 | −0.173% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,454.1 | −0.060% | $17.6M | $44.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,453.2 | −0.123% | $28.9M | $75.9M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,451.7 | −0.227% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0009% | 8h | 1,453.7 | −0.091% | $269.5M | $676.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.8 | −0.011% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.9 | −0.004% | $849K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,454.9 | −0.010% | $83K | $400K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.3 | −0.047% | $5.1M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDCshort | +0.0008% | 8h | 1,454.5 | −0.036% | $292K | $1.5M | 20x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0017% | 1h | 1,455.2 | +0.015% | $567K | $1.3M | 25x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0038% | 8h | 1,454.4 | −0.042% | $172.4M | $1.37B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0065% | 1h | 1,453.7 | −0.091% | $544K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0055% | 8h | 1,454.3 | −0.047% | $15.3M | $35.2M | 75x | as long as short |
| Gate ZEC_USDT | +0.0067% | 8h | 1,454 | −0.072% | $49.1M | $185.5M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,455 | −0.003% | $8K | $8K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.8 | −0.012% | $17K | $886K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,455.5 | +0.036% | $18.8M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.7 | −0.022% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,455 | −0.002% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455.1 | +0.004% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,455.9 | +0.062% | $752.7M | $493.3M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,455.2 | +0.011% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,454.3 | −0.046% | $659.7M | $2.55B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449.8 | −0.357% | $394K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.003% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,454.2 | −0.053% | $218.9M | $881.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454.4 | −0.039% | $103.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,454.4 | −0.042% | $162.1M | $316.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,453.5 | −0.104% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.9 | −0.079% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | −0.110% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.9 | −0.143% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.1 | −0.065% | $707K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,452.6 | −0.164% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,454.8 | −0.014% | $299K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,453.6 | −0.099% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.9 | −0.146% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,457.7 | +0.187% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.2 | −0.057% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDTlong | +0.0100% | 8h | 1,455 | long leg | $2.4M | $25.2M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,454 | −0.071% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | −0.189% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.1 | −0.059% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,455.7 | +0.045% | $864K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0288% | 1h | 1,454.5 | −0.034% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,456.8 | +0.124% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0462% | 1h | 1,454 | −0.068% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,457.1 | +0.143% | $756K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0680% | 1h | 1,456.4 | +0.099% | $1.9M | $8.4M | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
Gate ZEC_USDT
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
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
Phoenix ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC