ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.009%

Price spread now: SoDEX against Polymarket Perps−0.012%7-day average +0.017% · 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−$28as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on Polymarket Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.008%−$1 on $10k

Price spread, last 3 days (all we have)+0.219%+$22 · spread now −0.012%, 7d avg +0.017%

Together, before fees+0.212%+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.028% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps ZEC-USD	1,469.9	0.0023	pay 0.0003% / 1h	59m 08s	$333K	$1.9M	10x
Short	SoDEX ZEC-USD	1,469.7	0.0028	get 0.0004% / 1h	59m 08s	$242K	$4.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee SoDEXbpOrdersPrice spread, now −0.012%Rate

Funding earned: $1.18
Price spread: −0.012% → +0.017%: −$2.82
Slippage, 4 orders: −$8.89
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$26.53
Costs to cover: 0.249%
Break-even: 164.5 days

Slippage from Polymarket Perps: live order book, 5 min ago; SoDEX: live order book, 5 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 Polymarket Perps live order book, 5 min ago	2.04 bp	8.2 bp −$8	11.1 bp −$111	32.1 bp −$3,213	doesn't fit
Sell SoDEX live order book, 5 min ago	0.31 bp	5.3 bp −$5	16.8 bp −$168	105.8 bp −$10.6K	doesn't fit

ZEC on 50 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	−0.3321%	1h	1,472.6	+0.181%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,470	+0.008%	$17.9M	$43.8M	25x	as long as short
BloFin ZEC-USDT	−0.0101%	8h	1,469.8	−0.010%	$29.6M	$74.5M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.9	+0.067%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0063%	8h	1,469.3	−0.042%	$47.6M	$34.4M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.070%	$414K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471.1	+0.084%	$957K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,470.1	+0.013%	$84K	$405K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,470.2	+0.021%	$5.2M	—	150x	as long as short
Bullet ZEC-USD	+0.0012%	1h	1,469.5	−0.025%	$128K	$159K	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,469.7	−0.015%	$294K	$1.4M	20x	as long as short
Polymarket Perps ZEC-USDlong	+0.0023%	1h	1,469.9	long leg	$333K	$1.9M	10x
Phoenix ZEC	+0.0024%	1h	1,471.4	+0.101%	$4.7M	$1.6M	10x	as long as short
ApeX Omni ZECUSDT	+0.0028%	1h	1,470.5	+0.039%	$431K	$845K	50x	as long as short
SoDEX ZEC-USDshort	+0.0028%	1h	1,469.7	−0.012%	$242K	$4.4M	10x
OKX ZEC-USDT-SWAP	+0.0037%	8h	1,469.5	−0.025%	$181.5M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0049%	8h	1,469.9	−0.003%	$51.1M	$177.3M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0010%	1h	1,470.1	+0.013%	$371K	—	100x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,470.8	+0.063%	$8K	$8K	5x	as long as short
Ondo Perps ZEC-USD.P	+0.0095%	1h	1,470	+0.007%	$399K	$520K	5x	as long as short
Lighter ZEC	+0.0096%	1h	1,471.7	+0.123%	$19.1M	$50.2M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.1	+0.013%	$174K	$1.9M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,470.8	+0.063%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,470.7	+0.056%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471.4	+0.102%	$762.9M	$473.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,470.1	+0.012%	$14.9M	$32.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,471.5	+0.107%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,469.9	−0.002%	$682.5M	$2.45B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,469.4	−0.037%	$274.6M	$649.3M	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,472.1	+0.153%	$700K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,472.8	+0.196%	$896K	$38K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,469.9	−0.003%	$229.4M	$818.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470	+0.007%	$104.4M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470	+0.007%	$163.4M	$300.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,467.8	−0.146%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,470.1	+0.012%	$549K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,470.6	+0.049%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.9	+0.067%	$110K	$4.8M	30x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.3	−0.110%	$458K	$508K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,471.7	+0.120%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,469	−0.061%	$2.5M	$22.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,470.3	+0.029%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,470.3	+0.028%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.2	+0.022%	$37K	$191K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0115%	1h	1,470.8	+0.064%	$613K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,471.3	+0.096%	$838K	$1.2M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0440%	1h	1,470.6	+0.050%	$2.5M	$3.8M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,472.9	+0.201%	$3.8M	$10.6M	50x	as long as short
Lighter RH ZEC	+0.0456%	1h	1,472.3	+0.163%	$2.0M	$7.9M	10x	as long as short
Aftermath Perps ZECUSD	+0.0778%	1h	1,472.1	+0.147%	$46K	$46K	10x	as long as short