Funding you earn now, next payment 05:57 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%
Price spread now: edgeX against Perpl+0.443%7-day average −0.011% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)−1.112%−$111 · spread now +0.443%, 7d avg −0.011%
=Together, before fees−0.895%+ Points / potential airdropPerpl: Active · edgeX: Active · farm board−$90 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.454% dearer against Perpl than usual: you sell high and buy low: +$45 more if the spread goes back to its 7-day average of −0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,477.5 | 0 | get 0.0000% / 43m | 2m 01s | $64K | $301K | 10x |
| Short | edgeX ZECUSDC | 1,484.1 | 0.0100 | get 0.0050% / 4h | 1h 39m | $567K | $8.9M | 20x |
Perpl ZEC
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Perpl. 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
- $21
- Price spread: +0.443% → −0.011%
- $45.37
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $43.57
- Costs to cover
- 0.228%
- Break-even
- from the start
Slippage unknown: Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 5 min ago | 0.78 bp | 5.3 bp −$5 | 9.2 bp −$92 | doesn't fit | doesn't fit |
Perpl: 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 | −0.3684% | 1h | 1,484.2 | +0.449% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0121% | 8h | 1,478.5 | +0.063% | $30.5M | $73.7M | 75x | as long as short |
| Bulk ZEC-USD | −0.0118% | 1h | 1,480.8 | +0.222% | $895K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,478.3 | +0.049% | $17.9M | $47.0M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,479.9 | +0.160% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,479.1 | +0.103% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,479.5 | +0.134% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEClong | 0.0000% | 43m | 1,477.5 | long leg | $64K | $301K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,479.3 | +0.122% | $5.2M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0034% | 1h | 1,479.3 | +0.117% | $676K | $1.4M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0075% | 8h | 1,478.8 | +0.085% | $298K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,478.6 | +0.072% | $159K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,479.5 | +0.135% | $2.7M | $6.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.4 | −0.077% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,478.7 | +0.076% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,476.8 | −0.051% | $688.3M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.5 | −0.072% | $265.7M | $631.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.8 | −0.049% | $178.7M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,481.9 | +0.295% | $405K | $510K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,478 | +0.028% | $54.1M | $181.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477.5 | 0.000% | $233.8M | $780.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.9 | −0.045% | $101.4M | $57.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,477.1 | −0.032% | $159.2M | $288.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,477.5 | −0.006% | — | $115.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,478.8 | +0.083% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,484.9 | +0.496% | $48.5M | $33.9M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,484.1 | +0.443% | $567K | $8.9M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,484.3 | +0.459% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,485 | +0.508% | $409K | $934K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,482.8 | +0.355% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,478.7 | +0.079% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,479.6 | +0.138% | $162K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,478 | +0.030% | $451K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,480.5 | +0.201% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,478.3 | +0.054% | $252K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,477.4 | −0.009% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,478.3 | +0.049% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,478.7 | +0.077% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,477.7 | +0.013% | $13K | $865K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,477 | −0.036% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,478.6 | +0.071% | $42K | $152K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0126% / S −0.0117% | 1h | 1,477.5 | −0.001% | $428K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,478.3 | +0.048% | $925K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,485.3 | +0.524% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,478.5 | +0.062% | $8K | $7K | 5x | as long as short |
| Aftermath Perps ZECUSD | +0.0150% | 1h | 1,482.8 | +0.353% | $47K | $64K | 10x | as long as short |
| Hyperliquid ZEC | +0.0209% | 1h | 1,478.7 | +0.079% | $768.2M | $441.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,480.4 | +0.192% | $632K | $8.6M | 10x | as long as short |
| Lighter ZEC | +0.0280% | 1h | 1,479.9 | +0.160% | $19.4M | $45.6M | 20x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,479.6 | +0.136% | $2.1M | $7.4M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,479.3 | +0.116% | $3.6M | $10.0M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
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-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
Aftermath Perps ZECUSD
Hyperliquid ZEC
Arcus ZEC-USD
Lighter ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX