Funding you earn now, next payment 22:00 UTC+0.3548%/8h= +388.5% APRpaid last 24h +0.378%
Price spread now: Gate against Injective+1.691%7-day average −0.113% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.000%+$200 on $10k
+Price spread, last 3 days (all we have)−2.697%−$270 · spread now +1.691%, 7d avg −0.113%
=Both sides work for this trade now. Funding pays +$106 a day on $10k at the current rate, and Gate is 1.803% dearer against Injective than usual: you sell high and buy low: +$180 more if the spread goes back to its 7-day average of −0.113%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.000% in total (about 104.3% a year). A funding rate is set anew for every payment. 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 | Injective ZEC/USDC PERP | 1,433.1 | −0.3476 | get 0.0434% / 1h | 15m 04s | $33K | $275K | 12x |
| Short | Gate ZEC_USDT | 1,457.4 | 0.0072 | get 0.0072% / 8h | 2h 15m | $49.3M | $190.8M | 75x |
Injective ZEC/USDC PERP
Gate ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Injective. 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
- $745.03
- Price spread: +1.691% → −0.113%
- $180.33
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $910.35
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Injective: live order book, 9 min ago; Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 9 min ago | 50.93 bp | 489355.9 bp −$489.4K | 4951226.5 bp −$49.51M | 49282456.0 bp −$4928.25M | 245591744.0 bp −$122795.87M |
| Sell Gate live order book, 4 min ago | 0.03 bp | 8.2 bp −$8 | 13.8 bp −$138 | 29.5 bp −$2,946 | 52.9 bp −$26.4K |
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 PERPlong | −0.3476% | 1h | 1,433.1 | long leg | $33K | $275K | 12x | |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,457.2 | +1.675% | $28.7M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,457.1 | +1.671% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,457.4 | +1.693% | $17.7M | $44.6M | 25x | as long as short |
| Bybit ZECUSDT | −0.0004% | 8h | 1,456.6 | +1.638% | $268.9M | $677.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.2 | +1.678% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.6 | +1.779% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457 | +1.664% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,458 | +1.736% | $593K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0002% | 8h | 1,456.6 | +1.636% | $45.6M | $33.4M | — | as long as short |
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Variational Omni ZECShow 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 | 1,457.7 | +1.717% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,457.4 | +1.696% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0019% / S +0.0072% | 1h | 1,457.6 | +1.706% | $557K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,457.8 | +1.719% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,457.2 | +1.682% | $173.9M | $1.36B | 50x | as long as short |
| Gate ZEC_USDTshort | +0.0072% | 8h | 1,457.4 | +1.691% | $49.3M | $190.8M | 75x | |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,452.8 | +1.372% | $395K | $519K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,457.3 | +1.683% | $15K | $871K | 10x | as long as short |
| Aster ZECUSDT | +0.0095% | 8h | 1,457.4 | +1.691% | $15.3M | $34.1M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.9 | +1.799% | $18.8M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.2 | +1.676% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.3 | +1.684% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457.7 | +1.711% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.4 | +1.763% | $754.1M | $495.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457.7 | +1.716% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.5 | +1.699% | $665.5M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.7 | +1.710% | $217.5M | $898.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.7 | +1.714% | $103.1M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.5 | +1.701% | $161.4M | $312.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.7 | +1.646% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,458.3 | +1.753% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.2 | +1.539% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.7 | +1.647% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.7 | +1.643% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.9 | +1.726% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.9 | +1.658% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.3 | +1.684% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.2 | +1.607% | $443K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.5 | +1.842% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.4 | +1.691% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.2 | +1.675% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.5 | +1.702% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | +1.525% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,457.5 | +1.699% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.7 | +1.712% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.5 | +1.698% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.9 | +1.730% | $863K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,459.2 | +1.821% | $3.8M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0464% | 1h | 1,457.2 | +1.679% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,458.8 | +1.792% | $750K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0616% | 1h | 1,459.6 | +1.843% | $1.9M | $8.5M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Aster ZECUSDT
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
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
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
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