ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against Popdex+0.161%55s7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.216% of the position

Long on Popdex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 7 days−0.245%−$25 · spread now +0.161%, 7d avg −0.021%

Together, before fees−0.259%−$26 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: Polymarket Perps is 0.183% dearer against Popdex than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.021%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex ZECUSDT	1,455.3	0.0096	pay 0.0012% / 1h	58m 38s	$173K	$1.7M	50x
Short	Polymarket Perps ZEC-USD	1,457.6	0.0100	get 0.0013% / 1h	58m 38s	$354K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Popdex. 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 PopdexbpFee Polymarket PerpsbpOrdersPrice spread, now +0.161%Rate

Funding earned: $0.84
Price spread: +0.161% → −0.021%: $18.29
Slippage, 4 orders: −$7.22
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$2.5
Costs to cover: 0.216%
Break-even: 27.8 days

Slippage from Popdex: live order book, 1 min ago; Polymarket Perps: 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 Popdex live order book, 1 min ago	0.07 bp	3.5 bp −$4	6.6 bp −$66	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.74 bp	6.7 bp −$7	8.9 bp −$89	26.7 bp −$2,672	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	−0.3042%	1h	1,459.7	+0.304%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,455.6	+0.026%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0070%	8h	1,456.6	+0.093%	$29.5M	$70.8M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,455.6	+0.025%	$410K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,461	+0.395%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,457.5	+0.155%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.3	+0.144%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,457.3	+0.139%	$291K	$952K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0071% / S −0.0023%	1h	1,457.4	+0.147%	$409K	—	100x	as long as short
Popdex ZECUSDTlong	+0.0096%	1h	1,455.3	long leg	$173K	$1.7M	50x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps ZEC-USD	+0.0100%	8h	1,455.6	+0.021%	$10K	$858K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,455.5	+0.018%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,459.4	+0.283%	$2.9M	$6.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,457	+0.120%	$758.0M	$431.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,455.6	+0.023%	$14.8M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,455.6	+0.021%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,455.2	−0.001%	$668.5M	$2.21B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,454.7	−0.038%	$261.2M	$602.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,455	−0.016%	$177.9M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,458	+0.189%	$396K	$442K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	+0.157%	$880K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,455.1	−0.009%	$50.5M	$169.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,455.4	+0.010%	$214.2M	$763.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,455.3	0.000%	$102.7M	$54.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,455.6	+0.026%	$165.5M	$271.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,455.6	+0.023%	—	$105.6M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,457.6	+0.162%	$47.8M	$32.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,457.9	+0.185%	$567K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.1	+0.265%	$3.0M	$451K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,459.1	+0.263%	$405K	$942K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,459.7	+0.308%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USDshort	+0.0100%	1h	1,457.6	+0.161%	$354K	$1.8M	10x
Bullet ZEC-USD	+0.0100%	1h	1,457.6	+0.163%	$161K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.1	+0.060%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,460.4	+0.355%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,456.9	+0.113%	$233K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,457	+0.120%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457.1	+0.130%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,455.3	+0.003%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,457.2	+0.134%	$47K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,455.4	+0.010%	$8K	$7K	5x	as long as short
Phoenix ZEC	+0.0123%	1h	1,458.7	+0.236%	$4.6M	$1.3M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0187%	1h	1,457.9	+0.181%	$615K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0200%	1h	1,456.6	+0.093%	$2.1M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,455.3	+0.003%	$921K	$1.1M	10x	as long as short
Lighter ZEC	+0.0232%	1h	1,456.7	+0.100%	$19.2M	$44.6M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0234%	1h	1,456.8	+0.106%	$2.4M	$3.9M	15x	as long as short
Kraken Futures PF_ZECUSD	+0.0333%	1h	1,456.8	+0.105%	$18.0M	$45.2M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,457.3	+0.143%	$681K	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,459.7	+0.303%	$3.8M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0673%	1h	1,458.5	+0.223%	$45K	$49K	10x	as long as short