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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ZEC/USDC PERP | 1,449.3 | −0.3244 | get 0.0406% / 1h | 36m 37s | $33K | $272K | 12x |
| Short | RISEx ZEC/USDC | 1,448.3 | 0.0409 | get 0.0051% / 1h | 36m 37s | $825K | $1.0M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Injective live order book, 27 min ago | 66.26 bp | 492686.8 bp −$492.7K | 4983844.0 bp −$49.84M | 49601864.0 bp −$4960.19M | 247170688.0 bp −$123585.34M |
| Sell RISEx live order book, 2 min ago | 2.00 bp | 5.0 bp −$5 | 10.1 bp −$101 | 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 PERPlong | −0.3244% | 1h | 1,449.3 | long leg | $33K | $272K | 12x | |
| BloFin ZEC-USDT | −0.0081% | 8h | 1,450.5 | +0.083% | $29.4M | $70.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,449.7 | +0.031% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447.5 | −0.123% | $408K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.2 | −0.006% | $996K | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449 | −0.020% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,448.9 | −0.023% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0040% | 8h | 1,449 | −0.019% | $289K | $979K | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0046% | 1h | 1,449 | −0.019% | $406K | $904K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0053% / S −0.0009% | 1h | 1,449.1 | −0.012% | $374K | — | 100x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,449.2 | −0.006% | $4.6M | $1.4M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0096% | 1h | 1,445.9 | −0.233% | $394K | $431K | 5x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,448.2 | −0.074% | $173K | $1.8M | 50x | as long as short |
| Gate ZEC_USDT | +0.0097% | 8h | 1,448.5 | −0.056% | $49.3M | $172.5M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,446.6 | −0.188% | $14K | $860K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,448.8 | −0.035% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.2 | +0.064% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,449.9 | +0.043% | $754.6M | $433.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,448 | −0.090% | $14.4M | $28.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,448.8 | −0.035% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,448.3 | −0.070% | $663.2M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,448.3 | −0.068% | $265.8M | $610.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,449.1 | −0.011% | $178.8M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | +0.647% | $886K | $16K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,448.7 | −0.039% | $213.1M | $774.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.2 | −0.076% | $101.8M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,448.4 | −0.058% | $160.7M | $277.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,447.8 | −0.101% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,449.8 | +0.032% | $2.3M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.9 | +0.389% | $47.2M | $32.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.5 | +0.495% | $567K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.4 | −0.061% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,449.6 | +0.023% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.6 | +0.022% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | +0.033% | $134K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.4 | −0.129% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,451.9 | +0.180% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,449.7 | +0.031% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,449.2 | −0.003% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,450.9 | +0.110% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.1 | −0.084% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,449 | −0.020% | $47K | $156K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,448.5 | −0.056% | $8K | $7K | 5x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,450 | +0.047% | $18.9M | $46.4M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,449.8 | +0.036% | $17.8M | $44.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,450.7 | +0.099% | $721K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,450.6 | +0.090% | $2.0M | $6.9M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0395% | 1h | 1,449.7 | +0.026% | $609K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDCshort | +0.0409% | 1h | 1,448.3 | −0.067% | $825K | $1.0M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,451 | +0.118% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0710% | 1h | 1,455.2 | +0.407% | $43K | $46K | 10x | as long as short |
Injective ZEC/USDC PERP
RISEx ZEC/USDC
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Popdex ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
01 Exchange ZECUSD
Lighter ZEC
Kraken Futures PF_ZECUSD
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD