Funding you earn now, next payment 04:00 UTC−0.0082%/8h= −8.9% APRpaid last 24h −0.007%
Price spread now: GMX against Paradex−0.134%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GMX is 0.134% cheaper against Paradex than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ZEC-USD-PERP | 1,460.3 | 0.0100 | pay 0.0100% / 8h | 4h 25m | $60K | $43K | 10x |
| Short | GMX ZEC/USD [WBTC.b-USDC] | 1,458.3 | L +0.0068% / S −0.0018% | get 0.0002% / 1h | 25m 38s | $410K | — | 100x |
Paradex ZEC-USD-PERP
GMX ZEC/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Paradex. 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
- −$17.13
- Price spread: −0.134% → 0.000%
- −$13.45
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$46.58
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; GMX: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Paradex and GMX: 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 | −0.3166% | 1h | 1,455.8 | −0.306% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458.6 | −0.114% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0068% | 8h | 1,457 | −0.222% | $29.3M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.1 | −0.013% | $411K | $38K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,458.5 | −0.120% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,457.7 | −0.178% | $83K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,458.4 | −0.126% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,458.6 | −0.117% | $291K | $956K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]short | L +0.0068% / S −0.0018% | 1h | 1,458.3 | −0.134% | $410K | — | 100x | |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,460.2 | −0.007% | $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
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 | 1,458.4 | −0.132% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,460 | −0.018% | $11K | $856K | 10x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,460.3 | long leg | $60K | $43K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458.5 | −0.122% | $2.9M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,461.6 | +0.090% | $759.6M | $432.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.4 | +0.009% | $14.5M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.5 | +0.015% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.3 | +0.001% | $671.0M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.8 | −0.032% | $263.4M | $600.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460.5 | +0.011% | $178.2M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.7 | −0.314% | $396K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.432% | $877K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.4 | +0.005% | $50.7M | $174.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.2 | −0.008% | $215.7M | $772.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.5 | +0.014% | $102.8M | $54.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.5 | +0.018% | $166.3M | $271.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.5 | −0.054% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,460.6 | +0.024% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.9 | −0.165% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.6 | −0.324% | $567K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.2 | −0.280% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,456.3 | −0.271% | $406K | $927K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456 | −0.293% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,458.2 | −0.143% | $367K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,458.2 | −0.141% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,457.7 | −0.177% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.8 | +0.035% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.5 | −0.054% | $234K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.6 | −0.185% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,459.5 | −0.056% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.1 | −0.009% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.5 | −0.123% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,458.1 | −0.148% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0276% | 1h | 1,459.5 | −0.054% | $18.1M | $45.0M | 25x | as long as short |
| Lighter ZEC | +0.0296% | 1h | 1,461.1 | +0.059% | $19.2M | $45.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0327% | 1h | 1,459.5 | −0.051% | $610K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,460.2 | −0.005% | $924K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,460.7 | +0.031% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0464% | 1h | 1,461.9 | +0.111% | $2.1M | $7.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,461.1 | +0.058% | $690K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0680% | 1h | 1,456.4 | −0.265% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit 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
Backpack ZEC_USDC_PERP
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
Kraken Futures PF_ZECUSD
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD