ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h +0.010%

Price spread now: SunX against OKX+0.070%7-day average +0.108% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$133as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on OKX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.335%+$33 on $10k

Price spread, last 3 days (all we have)+0.364%+$36 · spread now +0.070%, 7d avg +0.108%

Together, before fees+0.698%+$70 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.038% cheaper against OKX than usual: you would sell low and buy high (spread +0.070% now, against its 7-day average of +0.108%). If the spread goes back, that is −$4 on $10k: about 3.0 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.335% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ZEC-USDT-SWAP	1,458.4	0.0058	pay 0.0058% / 8h	2h 27m	$172.9M	$1.36B	50x
Short	SunX ZEC-USDT	1,459.4	0.0100	get 0.0100% / 8h	2h 27m	$3K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee SunXbpOrdersPrice spread, now +0.070%Rate

Funding earned: $8.89
Price spread: +0.070% → +0.108%: −$3.76
Slippage, 4 orders: −$110.91
Fee OKX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$123.77
Costs to cover: 1.289%
Break-even: 104.4 days

Slippage from OKX: live order book, 2 min ago; SunX: live order book, 7 min ago.

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 OKX live order book, 2 min ago	0.03 bp	5.6 bp −$6	8.1 bp −$81	16.2 bp −$1,622	doesn't fit
Sell SunX live order book, 7 min ago	29.04 bp	68.3 bp −$68	doesn't fit	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 PERP	−0.3476%	1h	1,433.1	−1.729%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0085%	8h	1,458	−0.025%	$28.8M	$75.5M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,458.5	+0.007%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,457.7	−0.048%	$17.7M	$44.7M	25x	as long as short
Variational Omni ZEC	−0.0001%	8h	1,443	−1.050%	$45.4M	$32.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,457.8	−0.037%	$411K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,460	+0.115%	$917K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,457.3	−0.071%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,458.4	+0.004%	$593K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.7	−0.044%	$5.2M	—	150x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit ZECUSDT	+0.0011%	8h	1,458	−0.023%	$268.3M	$675.8M	75x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,457.7	−0.044%	$292K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0026% / S +0.0072%	1h	1,457.1	−0.085%	$547K	—	100x	as long as short
OKX ZEC-USDT-SWAPlong	+0.0058%	8h	1,458.4	long leg	$172.9M	$1.36B	50x
01 Exchange ZECUSD	+0.0064%	1h	1,457.4	−0.067%	$8K	$8K	5x	as long as short
Gate ZEC_USDT	+0.0078%	8h	1,458.2	−0.012%	$49.4M	$189.9M	75x	as long as short
Aster ZECUSDT	+0.0090%	8h	1,458	−0.023%	$15.4M	$34.6M	75x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,456.7	−0.112%	$13K	$872K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,459.5	+0.080%	$18.8M	$54.5M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,457.1	−0.086%	$173K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,458.5	+0.009%	$60K	$37K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,457.3	−0.074%	$2.5M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,458.7	+0.023%	$753.9M	$496.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,458.1	−0.016%	$1.6M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,458.4	+0.002%	$664.8M	$2.53B	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,441.6	−1.149%	$392K	$516K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,445	−0.915%	$890K	$32K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,458.4	+0.002%	$217.7M	$894.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,458.3	−0.005%	$103.4M	$57.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,458.2	−0.012%	$161.3M	$313.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,457.2	−0.080%	—	$6.8M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,458.6	+0.019%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,444.1	−0.977%	$485K	$9.8M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,445.8	−0.864%	$3.0M	$501K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,445.6	−0.873%	$702K	$608K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.1	−0.156%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,457	−0.093%	$351K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,457	−0.092%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.3	−0.141%	$443K	$493K	6.7x	as long as short
SunX ZEC-USDTshort	+0.0100%	8h	1,459.4	+0.070%	$3K	$1.3M	20x
SoDEX ZEC-USD	+0.0100%	1h	1,457.9	−0.031%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,458.4	+0.003%	$2.4M	$25.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,458.3	−0.003%	$3.8M	$5.4M	50x	as long as short
Phoenix ZEC	+0.0103%	1h	1,452.1	−0.432%	$4.5M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.9	−0.031%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,457.7	−0.042%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,458	−0.024%	$870K	$1.9M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,459.2	+0.058%	$3.7M	$11.4M	50x	as long as short
Aftermath Perps ZECUSD	+0.0454%	1h	1,452.1	−0.428%	$39K	$32K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,459.6	+0.083%	$746K	$8.0M	10x	as long as short
Lighter RH ZEC	+0.0680%	1h	1,460.2	+0.126%	$2.0M	$8.5M	10x	as long as short