Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.3348%/8h= +366.6% APRnext payment +$4.19 per $10,000 · paid last 24h +0.593%
Price spread now: Extended against Injective−0.146%100s7-day average −0.083% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+2.401%+$240 on $10k
Price spread, last 4 days (all we have)−1.976%−$198 · spread now −0.146%, 7d avg −0.083%
Together, before fees+0.425%+ Points / potential airdropExtended: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.064% cheaper against Injective than usual: you would sell low and buy high (spread −0.146% now, against its 7-day average of −0.083%). If the spread goes back, that is −$6 on $10k: about 2 hours of funding at the current rate (+$100 a day). At the pace of the last 7 days (+2.401% in total) that is about 4 hours. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZEC/USDC PERP1,459.8−0.3244get 0.0406% / 1h15m 28s$34K$272K12x
ShortExtended ZEC-USD1,457.60.0104get 0.0013% / 1h15m 28s$2.8M$7.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$703.16
Price spread: −0.146% → −0.083%
−$6.38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$691.76
Costs to cover
0.050%
Break-even
0.1 days
Slippage unknown: Injective: live order book, 49 min ago; Extended: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 49 min ago66.26 bp492686.8 bp −$492.7K4983844.0 bp −$49.84M49601864.0 bp −$4960.19M247170688.0 bp −$123585.34M
Sell Extended live order book, 4 min ago0.66 bp3.3 bp −$318.5 bp −$18566.0 bp −$6,600doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERPlong−0.3244%1h1,459.8long leg$34K$272K12x
BloFin ZEC-USDT−0.0083%8h1,461+0.086%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.250%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,457.7−0.146%$410K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.2+0.303%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,458.1−0.119%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463+0.219%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0050%8h1,462.8+0.206%$293K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,462.9+0.217%$411K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9+0.147%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,458.1−0.116%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.8−0.136%$15K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.9−0.129%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458−0.123%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.4−0.095%$757.8M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,460.7+0.062%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,458.5−0.086%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.8−0.137%$667.7M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.2−0.179%$264.8M$605.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.6−0.153%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,460.5+0.049%$396K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.252%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.8−0.137%$49.8M$174.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,458.3−0.102%$218.5M$779.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460+0.016%$102.2M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.6−0.149%$162.4M$273.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.8−0.134%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,463.7+0.269%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,462.2+0.168%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.6+0.059%$570K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.3+0.171%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461+0.086%$411K$909K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.9+0.215%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.177%$375K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2+0.234%$161K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.6+0.126%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.8+0.413%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.3+0.240%$234K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462+0.150%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.8+0.204%$3.8M$5.1M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,457.6−0.146%$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,462.6+0.196%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,458.2−0.111%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,463.3+0.240%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0232%1h1,459.3−0.033%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.2−0.041%$701K$8.5M10xas long as short
Lighter RH ZEC+0.0376%1h1,461.4+0.110%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0401%1h1,463.7+0.269%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,458.5−0.088%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,464.7+0.336%$3.7M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0695%1h1,460.5+0.052%$45K$49K10xas long as short