Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.60 per $10,000 · paid last 24h +0.011%
Price spread now: Bybit against Orderly−0.005%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 3 days (all we have)−0.472%−$47 · spread now −0.005%, 7d avg −0.027%
=The price spread pays, funding is against you. Bybit is 0.021% dearer against Orderly than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.027%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.298%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,460.9 | 0.0015 | pay 0.0015% / 8h | 1h 50m | $292K | $1.5M | 20x |
| Short | Bybit ZECUSDT | 1,460.8 | −0.0045 | pay 0.0045% / 8h | 1h 50m | $269.4M | $678.4M | 75x |
Orderly PERP_ZEC_USDC
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$12.52
- Price spread: −0.005% → −0.027%
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$27.4
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 0.03 bp | 6.8 bp −$7 | 8.8 bp −$88 | 18.1 bp −$1,806 | 33.9 bp −$16.9K |
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 | −0.3310% | 1h | 1,462.9 | +0.141% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0406% | 1h | 1,461.7 | +0.053% | $17.8M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0105% | 1h | 1,458.3 | −0.177% | $397K | $515K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,459 | −0.126% | $29.1M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458.1 | −0.190% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDTshort | −0.0045% | 8h | 1,460.8 | −0.005% | $269.4M | $678.4M | 75x | |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.120% | $46.4M | $34.1M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0002% | 1h | 1,461.6 | +0.046% | $429K | $817K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.8 | −0.144% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460.1 | −0.057% | $889K | $5.7M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,457.3 | −0.245% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.2 | +0.090% | $595K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.5 | −0.229% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,457.1 | −0.255% | $557K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0015% | 8h | 1,460.9 | long leg | $292K | $1.5M | 20x | |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,461.4 | +0.036% | $175.1M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.021% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,458.4 | −0.172% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0058% | 8h | 1,461.6 | +0.051% | $49.7M | $183.8M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,467 | +0.418% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,458.2 | −0.181% | $14K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,462.9 | +0.141% | $18.9M | $52.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.7 | −0.218% | $172K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.3 | −0.246% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458.7 | −0.148% | $2.5M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.5 | +0.111% | $757.6M | $489.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.7 | −0.220% | $15.3M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,458.6 | −0.153% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,461.5 | +0.045% | $670.4M | $2.52B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461.4 | +0.036% | $219.4M | $852.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,461.3 | +0.031% | $103.1M | $56.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461.6 | +0.047% | $162.1M | $309.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,461.5 | +0.040% | — | $104.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,461.1 | +0.016% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,466.2 | +0.367% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.4 | −0.036% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.204% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.3 | −0.246% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.2 | −0.115% | $446K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.6 | +0.189% | $4K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.2 | +0.019% | $222K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462 | +0.079% | $2.4M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.5 | +0.043% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,461.9 | +0.069% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.4 | +0.034% | $36K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,458.6 | −0.158% | $840K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0229% | 1h | 1,462.7 | +0.122% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0416% | 1h | 1,463.4 | +0.172% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,463.7 | +0.196% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,459.6 | −0.089% | $746K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0515% | 1h | 1,462.6 | +0.115% | $40K | $34K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD