Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.7% APRnext payment −$0.62 per $10,000 · paid last 24h −0.014%
Price spread now: Orderly against MEXC−0.052%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+1.463%+$146 · spread now −0.052%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.068% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ZEC_USDT | 1,452.6 | 0.0100 | pay 0.0100% / 8h | 5h 39m | $212.3M | $772.7M | 150x |
| Short | Orderly PERP_ZEC_USDC | 1,451.8 | 0.0038 | get 0.0038% / 8h | 5h 39m | $290K | $979K | 20x |
MEXC ZEC_USDT
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against MEXC. 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
- −$12.93
- Price spread: −0.052% → +0.015%
- −$6.77
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$25.69
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 9 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 MEXC live order book, 9 min ago | 0.31 bp | 0.3 bp $0 | 0.4 bp −$4 | 31.5 bp −$3,147 | 71.3 bp −$35.6K |
| 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 | −0.3244% | 1h | 1,460 | +0.514% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.4 | +0.123% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0078% | 8h | 1,455.1 | +0.173% | $29.4M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.3 | +0.121% | $410K | $45K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,454.1 | +0.105% | $962K | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.3 | +0.049% | $83K | $249K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,452.2 | −0.027% | $604K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.3 | −0.019% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0038% | 8h | 1,451.8 | −0.052% | $290K | $979K | 20x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0009% | 1h | 1,451.9 | −0.043% | $377K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0061% | 1h | 1,459 | +0.443% | $396K | $433K | 5x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,459.6 | +0.484% | $4.6M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.3 | +0.118% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,453.9 | +0.089% | $11K | $853K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.7 | +0.078% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454.2 | +0.110% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451.3 | −0.087% | $755.2M | $432.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,452.5 | −0.005% | $14.4M | $28.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.4 | +0.128% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,452.3 | −0.016% | $666.8M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,452 | −0.036% | $267.6M | $608.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,452.2 | −0.023% | $179.3M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | +0.419% | $886K | $16K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,452 | −0.042% | $49.7M | $171.6M | 75x | as long as short |
| MEXC ZEC_USDTlong | +0.0100% | 8h | 1,452.6 | long leg | $212.3M | $772.7M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,452.8 | +0.013% | $102.1M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,449.9 | −0.184% | $160.5M | $276.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,451.6 | −0.070% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,453.2 | +0.045% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.9 | +0.161% | $47.2M | $32.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.6 | +0.484% | $568K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.3 | +0.461% | $3.0M | $418K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.9 | +0.432% | $420K | $883K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.5 | +0.475% | $70K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.3 | +0.050% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452 | −0.041% | $126K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,450.7 | −0.131% | $443K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,454.7 | +0.144% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.2 | −0.023% | $232K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,451.4 | −0.078% | $2.6M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,452.9 | +0.025% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,453.2 | +0.040% | $2.8M | $7.7M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,454.6 | +0.140% | $8K | $7K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,451.7 | −0.058% | $48K | $155K | 20x | as long as short |
| Lighter ZEC | +0.0176% | 1h | 1,451.8 | −0.055% | $19.0M | $46.2M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,452.5 | −0.003% | $17.8M | $44.0M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,456.5 | +0.270% | $720K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0336% | 1h | 1,453.9 | +0.092% | $2.0M | $6.8M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,454.3 | +0.116% | $825K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,453.8 | +0.085% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0722% | 1h | 1,459.7 | +0.492% | $43K | $46K | 10x | as long as short |
Ondo Perps ZEC-USD.P
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Extended ZEC-USD
01 Exchange ZECUSD
Aevo ZEC-PERP
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD