Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%
Price spread now: MEXC against Popdex−0.050%7-day average −0.002% · 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−$20as in the Price arb table
costs, in and out, $10k−$150.152% of the position
Funding, last 4 days (all we have)−0.039%−$4 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now −0.050%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.048% cheaper against Popdex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex ZECUSDT | 1,449.7 | 0.0096 | pay 0.0012% / 1h | 37m 28s | $173K | $1.8M | 50x |
| Short | MEXC ZEC_USDT | 1,448.9 | 0.0100 | get 0.0100% / 8h | 5h 37m | $212.1M | $773.8M | 150x |
Popdex ZECUSDT
MEXC ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Popdex. 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
- $0.84
- Price spread: −0.050% → −0.002%
- −$4.76
- Slippage, 4 orders
- −$8.85
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$19.16
- Costs to cover
- 0.152%
- Break-even
- 166.7 days
Slippage from Popdex: live order book, 2 min ago; MEXC: 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 Popdex live order book, 2 min ago | 2.17 bp | 5.7 bp −$6 | 15.0 bp −$150 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.04 bp | 0.0 bp $0 | 0.4 bp −$4 | 40.8 bp −$4,081 | 69.4 bp −$34.7K |
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 | −0.3244% | 1h | 1,453.3 | +0.250% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,449.1 | −0.038% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0079% | 8h | 1,449.9 | +0.020% | $29.3M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,447.7 | −0.135% | $408K | $44K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,449.6 | −0.002% | $957K | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449 | −0.046% | $83K | $248K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,448.3 | −0.097% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0039% | 8h | 1,448.8 | −0.062% | $289K | $979K | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0046% | 1h | 1,449 | −0.045% | $406K | $904K | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0053% / S −0.0009% | 1h | 1,449.4 | −0.015% | $374K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0074% | 1h | 1,449.2 | −0.032% | $4.6M | $1.4M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0083% | 1h | 1,445.9 | −0.259% | $396K | $431K | 5x | as long as short |
| Popdex ZECUSDTlong | +0.0096% | 1h | 1,449.7 | long leg | $173K | $1.8M | 50x | |
| Gate ZEC_USDT | +0.0097% | 8h | 1,448.4 | −0.086% | $49.2M | $172.2M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,446.6 | −0.213% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,449.6 | −0.003% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,450.2 | +0.038% | $2.5M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,451 | +0.093% | $755.1M | $433.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,449.1 | −0.040% | $14.4M | $28.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,449 | −0.044% | $1.7M | $2.6M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,449.9 | +0.019% | $665.7M | $2.26B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,450 | +0.021% | $266.5M | $610.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,450.2 | +0.039% | $178.7M | $1.23B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,458.7 | +0.621% | $886K | $16K | 10x | as long as short |
| MEXC ZEC_USDTshort | +0.0100% | 8h | 1,448.9 | −0.050% | $212.1M | $773.8M | 150x | |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,448.5 | −0.081% | $101.8M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,450.2 | +0.034% | $160.8M | $277.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,447.9 | −0.119% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,449.2 | −0.034% | $2.3M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,454.9 | +0.363% | $47.2M | $32.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.5 | +0.469% | $567K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,448.4 | −0.086% | $3.0M | $419K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,449.6 | −0.002% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.6 | −0.003% | $323K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | +0.007% | $134K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,447.1 | −0.177% | $442K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,451.4 | +0.123% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,448.9 | −0.049% | $231K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,447.9 | −0.121% | $2.6M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,449.2 | −0.032% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,448.3 | −0.095% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,448.2 | −0.099% | $48K | $155K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,449.7 | +0.001% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0118% | 1h | 1,448.8 | −0.056% | $609K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,450 | +0.024% | $18.9M | $46.3M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0197% | 1h | 1,449 | −0.048% | $17.7M | $44.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,451.3 | +0.117% | $724K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0312% | 1h | 1,450.2 | +0.040% | $2.0M | $6.8M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,449.1 | −0.041% | $826K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,450.4 | +0.053% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0709% | 1h | 1,456.5 | +0.475% | $43K | $46K | 10x | as long as short |
Phoenix ZEC
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
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
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD