Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Phemex−0.042%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)−0.351%−$35 · spread now −0.042%, 7d avg −0.061%
=Together, before fees−0.212%+ Points / potential airdropGRVT: Active · farm board−$21 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,475.3 | 0.0100 | pay 0.0100% / 8h | 54m 21s | $3.9M | $5.3M | 50x |
| Short | GRVT ZEC_USDT_Perp | 1,474.7 | 0.0100 | get 0.0100% / 8h | 54m 21s | $3.0M | $482K | 10x |
Phemex ZECUSDT
GRVT ZEC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phemex. 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
- $0
- Price spread: −0.042% → −0.061%
- $1.93
- Slippage, 4 orders
- −$31.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$50.68
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; GRVT: live order book, 4 min ago.
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 Phemex live order book, 4 min ago | 3.26 bp | 16.7 bp −$17 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 2.14 bp | 7.4 bp −$7 | 9.3 bp −$93 | doesn't fit | doesn't fit |
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 | −0.3089% | 1h | 1,475.9 | +0.035% | $34K | $275K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0365% | 1h | 1,474 | −0.089% | $432K | $827K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0312% | 1h | 1,473.5 | −0.125% | $400K | $517K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0224% | 1h | 1,475.3 | −0.002% | $18.0M | $45.0M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0111% | 8h | 1,475 | −0.024% | $29.4M | $75.9M | 75x | as long as short |
| Bybit ZECUSDT | −0.0083% | 8h | 1,474.8 | −0.039% | $273.7M | $665.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,475.8 | +0.034% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0037% | 8h | 1,473.4 | −0.130% | $47.0M | $33.5M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475 | −0.024% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.1 | −0.020% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Bybit ZECUSDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,475.5 | +0.012% | $84K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,476 | +0.045% | $616K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.8 | +0.031% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0010% | 8h | 1,475.3 | 0.000% | $295K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,475.7 | +0.026% | $367K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,475.3 | −0.001% | $180.4M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,475.5 | +0.012% | $50.5M | $183.8M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,476 | +0.045% | $8K | $8K | 5x | as long as short |
| SoDEX ZEC-USD | +0.0068% | 1h | 1,475.1 | −0.016% | $227K | $4.5M | 10x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,475.4 | +0.005% | $4.7M | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0093% | 1h | 1,475.3 | −0.005% | $128K | $159K | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.4 | +0.003% | $177K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,475.9 | +0.036% | $12K | $828K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475.5 | +0.011% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476 | +0.045% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,476.7 | +0.092% | $766.4M | $473.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475.6 | +0.019% | $15.7M | $32.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,476 | +0.043% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475.4 | +0.004% | $682.6M | $2.47B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,476 | +0.045% | $713K | $8.3M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.1 | −0.286% | $908K | $26K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,475.4 | +0.003% | $223.5M | $829.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,475.6 | +0.016% | $104.3M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,475.5 | +0.012% | $163.0M | $303.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,475.4 | +0.007% | — | $102.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.3 | −0.137% | $515K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perpshort | +0.0100% | 8h | 1,474.7 | −0.042% | $3.0M | $482K | 10x | |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.4 | +0.001% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,475.4 | +0.004% | $348K | $1.9M | 10x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.6 | −0.118% | $449K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.5 | +0.143% | $3K | $1.2M | 20x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,474.4 | −0.062% | $2.5M | $23.3M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,475.3 | long leg | $3.9M | $5.3M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,476 | +0.046% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,475 | −0.020% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,476.2 | +0.056% | $837K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,477.1 | +0.118% | $19.1M | $52.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,477.6 | +0.156% | $3.8M | $11.4M | 50x | as long as short |
| Lighter RH ZEC | +0.0528% | 1h | 1,477.6 | +0.156% | $2.0M | $8.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0608% | 1h | 1,476.2 | +0.059% | $2.4M | $3.7M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0626% | 1h | 1,474.3 | −0.073% | $46K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
SoDEX ZEC-USD
Phoenix ZEC
Bullet ZEC-USD
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
StandX ZEC-USD
Polymarket Perps ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD