Funding you earn now, next payment 03:05 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.033%
Price spread now: Extended against Perpl+0.068%7-day average +0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)−0.657%−$66 · spread now +0.068%, 7d avg +0.025%
=Together, before fees−0.540%+ Points / potential airdropPerpl: Active · Extended: Active · farm board−$54 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 Extended is 0.043% dearer against Perpl than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,455.9 | 0 | get 0.0000% / 43m | 0m 17s | $83K | $240K | 10x |
| Short | Extended ZEC-USD | 1,456.9 | 0.0104 | get 0.0013% / 1h | 29m 17s | $2.8M | $7.7M | 10x |
Perpl ZEC
Extended ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.84
- Price spread: +0.068% → +0.025%
- $4.3
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $7.34
- Costs to cover
- 0.188%
- Break-even
- 4.6 days
Slippage unknown: Perpl: no order-book sample; Extended: 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 Extended live order book, 5 min ago | 1.42 bp | 6.8 bp −$7 | 19.2 bp −$192 | 441.9 bp −$44.2K | 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 | −0.3166% | 1h | 1,457.3 | +0.097% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.1 | +0.016% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0067% | 8h | 1,456.4 | +0.035% | $29.3M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,457.2 | +0.093% | $410K | $38K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.2 | +0.093% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEClong | 0.0000% | 43m | 1,455.9 | long leg | $83K | $240K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.8 | +0.060% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0061% | 8h | 1,457.1 | +0.087% | $291K | $956K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0067% / S −0.0018% | 1h | 1,456.7 | +0.056% | $409K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,456.5 | +0.045% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
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 | 1,456.2 | +0.021% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,455.9 | +0.003% | $11K | $859K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.7 | +0.055% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.9 | +0.072% | $2.5M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.4 | +0.104% | $757.5M | $432.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,456.8 | +0.063% | $14.5M | $27.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457 | +0.078% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.5 | +0.042% | $668.5M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,455.6 | −0.021% | $262.4M | $600.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,455.7 | −0.012% | $178.0M | $1.22B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,457 | +0.077% | $395K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454 | −0.131% | $877K | $29K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.1 | +0.083% | $50.2M | $173.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.8 | +0.065% | $217.1M | $771.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,456.5 | +0.042% | $102.1M | $53.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.4 | +0.106% | $165.6M | $271.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,457.4 | +0.104% | — | $103.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.2 | +0.093% | $2.4M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,455 | −0.060% | $47.6M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,455.6 | −0.023% | $567K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.2 | +0.022% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,454.8 | −0.071% | $405K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.1 | +0.018% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.1 | +0.015% | $366K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.8 | +0.064% | $160K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.2 | +0.022% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,458.6 | +0.185% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.1 | +0.080% | $233K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455.6 | −0.022% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.4 | +0.032% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USDshort | +0.0104% | 1h | 1,456.9 | +0.068% | $2.8M | $7.7M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.8 | +0.065% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,455.9 | +0.003% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0277% | 1h | 1,456.7 | +0.056% | $18.0M | $44.9M | 25x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,457.3 | +0.096% | $19.2M | $45.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0324% | 1h | 1,457.9 | +0.139% | $610K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,456.3 | +0.026% | $922K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,458.5 | +0.181% | $3.8M | $9.0M | 50x | as long as short |
| Lighter RH ZEC | +0.0480% | 1h | 1,458.3 | +0.167% | $2.1M | $6.9M | 10x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,457.7 | +0.127% | $700K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0676% | 1h | 1,455.3 | −0.038% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
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-USDT
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
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