Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: Bulk against Pacifica+0.143%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$190.189% of the position
Funding, last 4 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.143%, 7d avg −0.034%
=Together, before fees−0.125%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.177% dearer against Pacifica than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica ZEC | 1,458.5 | 0.0100 | pay 0.0013% / 1h | 5m 02s | $1.7M | $2.4M | 10x |
| Short | Bulk ZEC-USD | 1,460.6 | 0.0100 | get 0.0013% / 1h | 5m 02s | $882K | $18K | 10x |
Pacifica ZEC
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Pacifica. 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
- $0
- Price spread: +0.143% → −0.034%
- $17.72
- Slippage, 4 orders
- −$3.88
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$1.15
- Costs to cover
- 0.189%
- Break-even
- 2372073022422395.0 days
Slippage from Pacifica: live order book, 4 min ago; Bulk: live order book, 54 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 Pacifica live order book, 4 min ago | 1.03 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 54 min ago | 0.03 bp | 3.5 bp −$4 | 3.5 bp −$35 | 9.1 bp −$905 | 18.3 bp −$9,159 |
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 | −0.3166% | 1h | 1,458.2 | −0.026% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,457.9 | −0.047% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,457.6 | −0.067% | $29.6M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.3 | −0.017% | $411K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.3 | −0.019% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.7 | −0.061% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.8 | −0.049% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,457.6 | −0.065% | $291K | $952K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0071% / S −0.0022% | 1h | 1,457.7 | −0.059% | $409K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,458 | −0.035% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.7 | −0.058% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,457.9 | −0.046% | $11K | $857K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,458.6 | +0.002% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457.9 | −0.041% | $2.8M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.3 | −0.015% | $758.6M | $431.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.8 | −0.052% | $14.8M | $27.9M | 75x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,458.5 | long leg | $1.7M | $2.4M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.7 | −0.060% | $669.6M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.9 | −0.114% | $261.6M | $602.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,457.6 | −0.064% | $178.0M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,456.7 | −0.127% | $396K | $441K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.3 | −0.084% | $50.5M | $175.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.5 | −0.073% | $217.0M | $776.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.7 | −0.060% | $102.9M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.7 | −0.058% | $165.7M | $271.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.6 | −0.136% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.3 | −0.083% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.1 | −0.168% | $567K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,457.2 | −0.091% | $3.0M | $451K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.5 | −0.139% | $404K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457 | −0.109% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.065% | $354K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458 | −0.035% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.6 | −0.135% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.9 | +0.090% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.5 | −0.074% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.1 | −0.096% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.7 | −0.057% | $3.8M | $5.1M | 50x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,460.6 | +0.143% | $882K | $18K | 10x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.6 | −0.068% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.4 | −0.076% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,459 | +0.030% | $4.6M | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0178% | 1h | 1,457.9 | −0.044% | $2.4M | $3.9M | 15x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,458.8 | +0.015% | $19.2M | $46.0M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0277% | 1h | 1,458.5 | −0.007% | $615K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0277% | 1h | 1,457.6 | −0.063% | $18.0M | $45.2M | 25x | as long as short |
| Lighter RH ZEC | +0.0320% | 1h | 1,458.8 | +0.015% | $2.1M | $7.0M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,458 | −0.037% | $923K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,459.8 | +0.085% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,459.1 | +0.038% | $677K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0682% | 1h | 1,458.7 | +0.011% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Aevo ZEC-PERP
Phoenix ZEC
Backpack ZEC_USDC_PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD