Funding you earn now, next payment 06:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.024%
Price spread now: Orderly against Pacifica+0.058%7-day average −0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.058%, 7d avg −0.004%
=Together, before fees+0.310%+ Points / potential airdropPacifica: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.061% dearer against Pacifica than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.004%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.063%, 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 | Pacifica ZEC | 1,463.7 | 0.0100 | pay 0.0013% / 1h | 42m 28s | $1.7M | $2.4M | 10x |
| Short | Orderly PERP_ZEC_USDC | 1,464.5 | 0.0062 | get 0.0062% / 8h | 2h 42m | $293K | $902K | 20x |
Pacifica ZEC
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$8.07
- Price spread: +0.058% → −0.004%
- $6.13
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.94
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago | 0.61 bp | 5.5 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| 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 | −0.3243% | 1h | 1,463.2 | −0.035% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.6 | −0.002% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0068% | 8h | 1,464.7 | +0.069% | $29.9M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.7 | +0.001% | $407K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,465 | +0.091% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,463.6 | −0.003% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464.2 | +0.036% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,463.8 | +0.009% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0046% | 1h | 1,465.3 | +0.112% | $617K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0062% | 8h | 1,464.5 | +0.058% | $293K | $902K | 20x |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0090% | 8h | 1,464.3 | +0.040% | $261.2M | $588.4M | 75x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,464.1 | +0.029% | $4.7M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0094% / S −0.0048% | 1h | 1,463.9 | +0.016% | $436K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,465.1 | +0.100% | $2.1M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.7 | +0.004% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,463.3 | −0.029% | $13K | $811K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463.4 | −0.021% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.4 | +0.048% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,465.1 | +0.098% | $762.6M | $419.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.8 | +0.012% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,463.7 | long leg | $1.7M | $2.4M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.8 | +0.011% | $675.3M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.4 | +0.051% | $178.1M | $1.20B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,462.5 | −0.080% | $397K | $429K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.067% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,463.5 | −0.015% | $52.7M | $170.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.5 | −0.015% | $218.3M | $759.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464 | +0.020% | $103.2M | $52.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.9 | +0.084% | $165.9M | $267.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.9 | −0.050% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.5 | −0.078% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,464.4 | +0.049% | $571K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.1 | −0.038% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463.4 | −0.020% | $405K | $924K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.057% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.050% | $359K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.8 | +0.012% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.5 | −0.009% | $447K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.6 | +0.199% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.052% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463 | −0.043% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465 | +0.090% | $3.9M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.4 | −0.017% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.5 | +0.055% | $47K | $151K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,464.9 | +0.087% | $19.3M | $43.8M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0147% | 1h | 1,464.2 | +0.036% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,464.1 | +0.028% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0282% | 1h | 1,465 | +0.088% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,465.2 | +0.107% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,465.4 | +0.116% | $669K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0677% | 1h | 1,464.7 | +0.073% | $45K | $49K | 10x | as long as short |
Bybit ZECUSDT
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
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
Lighter ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD