Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.011%
Price spread now: SoDEX against Phemex−0.033%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.422% of the position
Funding, last 3 days (all we have)+0.016%+$2 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.033%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,466.7 | 0.0100 | pay 0.0100% / 8h | 1h 26m | $3.8M | $5.3M | 50x |
| Short | SoDEX ZEC-USD | 1,466.2 | 0.0100 | get 0.0013% / 1h | 26m 57s | $222K | $4.5M | 10x |
Phemex ZECUSDT
SoDEX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.033% → −0.023%
- −$1.08
- Slippage, 4 orders
- −$22.24
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$43.32
- Costs to cover
- 0.422%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; SoDEX: live order book, 2 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, 2 min ago | 3.38 bp | 13.8 bp −$14 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 2 min ago | 0.07 bp | 4.7 bp −$5 | 15.9 bp −$159 | 102.9 bp −$10.3K | 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 | −0.3310% | 1h | 1,463.6 | −0.211% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,466.3 | −0.023% | $17.8M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0213% | 1h | 1,462 | −0.320% | $397K | $514K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,466.4 | −0.019% | $29.3M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,465 | −0.118% | $6K | $2K | 10x | as long as short |
| Bulk ZEC-USD | −0.0065% | 1h | 1,462.1 | −0.313% | $902K | $27K | 10x | as long as short |
| Bybit ZECUSDT | −0.0054% | 8h | 1,465.4 | −0.091% | $271.7M | $668.0M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,463 | −0.255% | $46.5M | $33.7M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,466.1 | −0.040% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.9 | −0.191% | $412K | $104K | 5x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bulk ZEC-USD
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXZECPERP | 0.0000% | 8h | 1,467.9 | +0.082% | $887K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.8 | −0.132% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,466.3 | −0.028% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,466.6 | −0.010% | $292K | $1.4M | 20x | as long as short |
| Gate ZEC_USDT | +0.0051% | 8h | 1,466.3 | −0.027% | $50.0M | $185.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0051% | 8h | 1,466 | −0.049% | $176.7M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,465.2 | −0.105% | $8K | $8K | 5x | as long as short |
| ApeX Omni ZECUSDT | +0.0070% | 1h | 1,463.9 | −0.191% | $430K | $821K | 50x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464.5 | −0.151% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464.8 | −0.131% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,465.1 | −0.110% | $14K | $840K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.7 | −0.133% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,465.2 | −0.105% | $2.5M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,466.8 | +0.007% | $760.5M | $485.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.4 | −0.021% | $15.6M | $32.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.2 | −0.104% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466 | −0.050% | $675.4M | $2.48B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.4 | −0.021% | $222.1M | $864.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466 | −0.044% | $103.8M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466 | −0.047% | $162.2M | $305.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,465.6 | −0.072% | — | $103.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.1 | −0.248% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.2 | −0.239% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.205% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464.9 | −0.122% | $344K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,465.8 | −0.060% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,464.2 | −0.167% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,467 | +0.022% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDshort | +0.0100% | 1h | 1,466.2 | −0.033% | $222K | $4.5M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465.6 | −0.075% | $2.5M | $23.9M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,466.7 | long leg | $3.8M | $5.3M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.6 | −0.007% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.6 | −0.005% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,468.3 | +0.109% | $19.0M | $52.6M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0170% | 1h | 1,467.2 | +0.032% | $597K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0185% | 1h | 1,466.6 | −0.005% | $2.4M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,465.2 | −0.105% | $842K | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,468.5 | +0.121% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,467.9 | +0.079% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,465.8 | −0.061% | $730K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0562% | 1h | 1,464.7 | −0.138% | $40K | $34K | 10x | as long as short |
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
ApeX Omni ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD