Funding you earn now, next payment 04:31 UTC+0.0146%/8h= +16.0% APRpaid last 24h −0.029%
Price spread now: Kraken Futures against Perpl+0.112%7-day average +0.089% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)+0.313%+$31 · spread now +0.112%, 7d avg +0.089%
=Together, before fees+0.094%+ Points / potential airdropPerpl: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.023% dearer against Perpl than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.089%. Mind the row above: over the last 7 days funding on this pair cost −0.219%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,466.1 | 0 | get 0.0000% / 43m | 37m 11s | $84K | $239K | 10x |
| Short | Kraken Futures PF_ZECUSD | 1,467.8 | 0.0146 | get 0.0018% / 1h | 57m 11s | $18.0M | $45.6M | 25x |
Perpl ZEC
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $30.76
- Price spread: +0.112% → +0.089%
- $2.31
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $9.27
- Costs to cover
- 0.238%
- Break-even
- 4.9 days
Slippage unknown: Perpl: no order-book sample; Kraken Futures: live order book, 2 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 Kraken Futures live order book, 2 min ago | 2.90 bp | 10.5 bp −$11 | 14.5 bp −$145 | 20.8 bp −$2,076 | 78.6 bp −$39.3K |
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 | −0.3243% | 1h | 1,467.3 | +0.078% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | +0.019% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,467.5 | +0.091% | $29.8M | $70.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.6 | +0.030% | $408K | $37K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,466.6 | +0.036% | $8K | $7K | 5x | as long as short |
| Perpl ZEClong | 0.0000% | 43m | 1,466.1 | long leg | $84K | $239K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.1 | +0.133% | $5.2M | — | 150x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0014% | 1h | 1,464.8 | −0.089% | $397K | $438K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,467.5 | +0.093% | $293K | $900K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0091% / S −0.0043% | 1h | 1,468.1 | +0.137% | $437K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
01 Exchange ZECUSD
gTrade (Gains Network) ZEC/USD
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.7 | +0.038% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467.2 | +0.077% | $13K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.8 | +0.046% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467 | +0.059% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.9 | +0.122% | $764.8M | $420.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.8 | +0.116% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.1 | +0.065% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.102% | $676.9M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.1 | +0.069% | $262.4M | $586.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,467.4 | +0.089% | $179.0M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.225% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,468.1 | +0.136% | $52.7M | $169.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.8 | +0.113% | $219.7M | $756.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468 | +0.131% | $103.4M | $52.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468 | +0.130% | $166.8M | $267.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.8 | +0.117% | — | $107.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,466.7 | +0.043% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.9 | −0.216% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.7 | −0.235% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,464.5 | −0.108% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,464.9 | −0.086% | $405K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.6 | −0.100% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.6 | +0.033% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.1 | +0.136% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.8 | +0.044% | $448K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.9 | +0.188% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.7 | +0.108% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.5 | +0.029% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.4 | +0.090% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.8 | +0.116% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.4 | +0.089% | $47K | $151K | 20x | as long as short |
| Kalshi KXZECPERP | +0.0111% | 8h | 1,467.6 | +0.104% | $1.5M | $4.4M | 2.2x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,467.5 | +0.091% | $4.7M | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,469 | +0.198% | $19.4M | $43.8M | 20x | as long as short |
| Kraken Futures PF_ZECUSDshort | +0.0146% | 1h | 1,467.8 | +0.112% | $18.0M | $45.6M | 25x | |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,466.9 | +0.056% | $927K | $1.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0246% | 1h | 1,468.6 | +0.173% | $618K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,469 | +0.196% | $2.1M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469.7 | +0.246% | $3.8M | $9.0M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,467.9 | +0.119% | $670K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,465.5 | −0.039% | $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
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
Extended ZEC-USD
Aevo ZEC-PERP
Kalshi KXZECPERP
Phoenix ZEC
Lighter ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD