Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.9% APRpaid last 24h +0.024%
Price spread now: edgeX against Orderly−0.375%71s7-day average −0.064% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.390%+$39 on $10k
+Price spread, last 3 days (all we have)−0.338%−$34 · spread now −0.375%, 7d avg −0.064%
=Together, before fees+0.052%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.311% cheaper against Orderly than usual: you would sell low and buy high (spread −0.375% now, against its 7-day average of −0.064%). If the spread goes back, that is −$31 on $10k: about 13 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.390% in total) that is about 5.6 days. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,469.6 | 0.0019 | pay 0.0019% / 8h | 7h 14m | $293K | $1.1M | 20x |
| Short | edgeX ZECUSDC | 1,464.1 | 0.0100 | get 0.0050% / 4h | 3h 14m | $570K | $9.2M | 20x |
Orderly PERP_ZEC_USDC
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $17.09
- Price spread: −0.375% → −0.064%
- −$31.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$29.02
- Costs to cover
- 0.150%
- Break-even
- 18.9 days
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 0.85 bp | 5.7 bp −$6 | 11.0 bp −$110 | doesn't fit | doesn't fit |
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 | −0.3321% | 1h | 1,465.9 | −0.248% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470.2 | +0.043% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0117% | 1h | 1,463.3 | −0.428% | $398K | $516K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0114% | 8h | 1,467.7 | −0.130% | $29.7M | $72.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.1 | −0.099% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0030% | 8h | 1,464.9 | −0.317% | $47.5M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.1 | −0.170% | $413K | $103K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,468.9 | −0.046% | $8K | $9K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469 | −0.042% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.7 | −0.058% | $83K | $405K | 10x | 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
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.4 | −0.015% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0019% | 8h | 1,469.6 | long leg | $293K | $1.1M | 20x | |
| Phoenix ZEC | +0.0054% | 1h | 1,465.8 | −0.259% | $4.6M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.4 | −0.010% | $378K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0060% | 8h | 1,469.4 | −0.010% | $181.6M | $1.30B | 50x | as long as short |
| Bybit ZECUSDT | +0.0088% | 8h | 1,469.6 | +0.003% | $273.5M | $631.6M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.4 | −0.081% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468 | −0.112% | $15K | $845K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.5 | −0.073% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.6 | −0.065% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.9 | +0.021% | $763.0M | $453.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469 | −0.040% | $14.9M | $31.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.1 | −0.102% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.6 | +0.002% | $683.9M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,469.7 | +0.006% | $701K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,465.9 | −0.253% | $892K | $22K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.2 | −0.025% | $50.2M | $181.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.6 | +0.003% | $227.9M | $828.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.4 | −0.080% | $104.2M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.015% | $163.5M | $291.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.1 | −0.167% | — | $6.7M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,464.1 | −0.375% | $570K | $9.2M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.9 | −0.254% | $3.0M | $447K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463.4 | −0.425% | $426K | $874K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.3 | −0.292% | $80K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.6 | −0.067% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469 | −0.041% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.9 | −0.115% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470.7 | +0.078% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.012% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.040% | $2.5M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.013% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.7 | +0.005% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.6 | −0.002% | $55K | $164K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,469.2 | −0.029% | $853K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,471 | +0.094% | $19.2M | $50.5M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0415% | 1h | 1,470.5 | +0.061% | $605K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,471.9 | +0.154% | $3.7M | $9.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0513% | 1h | 1,468.6 | −0.066% | $2.5M | $3.9M | 15x | as long as short |
| Lighter RH ZEC | +0.0744% | 1h | 1,471.7 | +0.142% | $2.0M | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0765% | 1h | 1,468.2 | −0.097% | $43K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bybit ZECUSDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD