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+0.3654%/8h= +400.1% APRnext payment +$4.57 per $10,000 · paid last 24h +0.592%
Price spread now: RISEx against Injective−0.067%7-day average −0.040% · 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 4 days (all we have)+0.744%+$74 on $10k
Price spread, last 4 days (all we have)−1.980%−$198 · spread now −0.067%, 7d avg −0.040%
Together, before fees−1.236%−$124 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.027% cheaper against Injective than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.040%). If the spread goes back, that is −$3 on $10k: about under an hour of funding at the current rate (+$110 a day). At the pace of the last 4 days (+0.744% in total) that is about 3 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.744% in total (about 77.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZEC/USDC PERP1,449.3−0.3244get 0.0406% / 1h36m 37s$33K$272K12x
ShortRISEx ZEC/USDC1,448.30.0409get 0.0051% / 1h36m 37s$825K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$767.29
Price spread: −0.067% → −0.040%
−$2.73
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee RISEx: 3 bp × 2 orders
−$6
Net
$758.54
Costs to cover
0.060%
Break-even
0.1 days
Slippage unknown: Injective: live order book, 27 min ago; RISEx: live order book, 2 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, 27 min ago66.26 bp492686.8 bp −$492.7K4983844.0 bp −$49.84M49601864.0 bp −$4960.19M247170688.0 bp −$123585.34M
Sell RISEx live order book, 2 min ago2.00 bp5.0 bp −$510.1 bp −$101doesn't fitdoesn'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%1h1,449.3long leg$33K$272K12x
BloFin ZEC-USDT−0.0081%8h1,450.5+0.083%$29.4M$70.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,449.7+0.031%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,447.5−0.123%$408K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,449.2−0.006%$996K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,449−0.020%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9−0.023%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0040%8h1,449−0.019%$289K$979K20xas long as short
ApeX Omni ZECUSDT+0.0046%1h1,449−0.019%$406K$904K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0053% / S −0.0009%1h1,449.1−0.012%$374K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,449.2−0.006%$4.6M$1.4M10xas long as short
Ondo Perps ZEC-USD.P+0.0096%1h1,445.9−0.233%$394K$431K5xas long as short
Popdex ZECUSDT+0.0096%1h1,448.2−0.074%$173K$1.8M50xas long as short
Gate ZEC_USDT+0.0097%8h1,448.5−0.056%$49.3M$172.5M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,446.6−0.188%$14K$860K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,448.8−0.035%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.2+0.064%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,449.9+0.043%$754.6M$433.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,448−0.090%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,448.8−0.035%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.3−0.070%$663.2M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,448.3−0.068%$265.8M$610.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.1−0.011%$178.8M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7+0.647%$886K$16K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,448.7−0.039%$213.1M$774.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,448.2−0.076%$101.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,448.4−0.058%$160.7M$277.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,447.8−0.101%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,449.8+0.032%$2.3M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,454.9+0.389%$47.2M$32.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.5+0.495%$567K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.4−0.061%$3.0M$419K10xas long as short
StandX ZEC-USD+0.0100%1h1,449.6+0.023%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449.6+0.022%$323K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.8+0.033%$134K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,447.4−0.129%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,451.9+0.180%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,449.7+0.031%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,449.2−0.003%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.9+0.110%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,448.1−0.084%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,449−0.020%$47K$156K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,448.5−0.056%$8K$7K5xas long as short
Lighter ZEC+0.0168%1h1,450+0.047%$18.9M$46.4M20xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,449.8+0.036%$17.8M$44.3M25xas long as short
Arcus ZEC-USD+0.0277%1h1,450.7+0.099%$721K$8.5M10xas long as short
Lighter RH ZEC+0.0320%1h1,450.6+0.090%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0395%1h1,449.7+0.026%$609K$1.3M25xas long as short
RISEx ZEC/USDCshort+0.0409%1h1,448.3−0.067%$825K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0456%1h1,451+0.118%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0710%1h1,455.2+0.407%$43K$46K10xas long as short