ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.004%

Price spread now: RISEx against Popdex−0.004%7-day average +0.019% · 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−$18as in the Price arb table

costs, in and out, $10k−$160.156% of the position

Long on Popdex Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.184%+$18 on $10k

Price spread, last 7 days−0.009%−$1 · spread now −0.004%, 7d avg +0.019%

Together, before fees+0.175%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.023% cheaper against Popdex than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.019%). If the spread goes back, that is −$2 on $10k: about 2.1 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.184% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex ZECUSDT	1,469.7	0.0096	pay 0.0012% / 1h	26m 47s	$175K	$1.9M	50x
Short	RISEx ZEC/USDC	1,469.6	0.0132	get 0.0017% / 1h	26m 47s	$824K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.004%Rate

Funding earned: $7.58
Price spread: −0.004% → +0.019%: −$2.3
Slippage, 4 orders: −$3.15
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$10.27
Costs to cover: 0.156%
Break-even: 16.5 days

Slippage from Popdex: live order book, 2 min ago; RISEx: 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	0.10 bp	3.5 bp −$3	6.4 bp −$64	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.33 bp	4.3 bp −$4	8.7 bp −$87	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	1,471.6	+0.129%	$34K	$275K	12x	as long as short
Ondo Perps ZEC-USD.P	−0.0260%	1h	1,468.3	−0.095%	$399K	$515K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,471.5	+0.122%	$17.9M	$44.3M	25x	as long as short
Bybit ZECUSDT	−0.0114%	8h	1,472.2	+0.167%	$275.3M	$653.3M	75x	as long as short
BloFin ZEC-USDT	−0.0102%	8h	1,472.2	+0.169%	$29.8M	$75.2M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,469	−0.047%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0057%	8h	1,468.8	−0.062%	$46.8M	$33.8M	—	as long as short
ApeX Omni ZECUSDT	−0.0006%	1h	1,470.3	+0.038%	$431K	$842K	50x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,469.8	+0.004%	$414K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,470.1	+0.031%	$903K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,468.6	−0.073%	$83K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,471.5	+0.125%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0012%	8h	1,471.3	+0.110%	$295K	$1.4M	20x	as long as short
01 Exchange ZECUSD	+0.0016%	1h	1,469.8	+0.005%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0024%	1h	1,470.8	+0.074%	$4.6M	$1.6M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0038%	8h	1,472.8	+0.214%	$181.1M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0045%	8h	1,472.9	+0.219%	$50.9M	$186.6M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,471	+0.088%	$372K	—	100x	as long as short
Lighter ZEC	+0.0096%	1h	1,473.5	+0.261%	$19.2M	$52.4M	20x	as long as short
Popdex ZECUSDTlong	+0.0096%	1h	1,469.7	long leg	$175K	$1.9M	50x
Katana Perps ZEC-USD	+0.0097%	8h	1,468.8	−0.063%	$13K	$836K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,468.6	−0.074%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,469.4	−0.018%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.9	+0.286%	$764.2M	$474.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472.8	+0.208%	$15.0M	$32.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,469.1	−0.040%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,473.2	+0.239%	$685.3M	$2.46B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,470.6	+0.060%	$704K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,469.8	+0.004%	$894K	$39K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,473.1	+0.231%	$231.7M	$838.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,473.1	+0.231%	$103.7M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,473	+0.224%	$163.2M	$301.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,472.7	+0.201%	—	$102.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,470.6	+0.060%	$513K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,470.2	+0.031%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.7	+0.065%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,470.2	+0.034%	$344K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,470.5	+0.057%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,469.7	+0.003%	$448K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472.8	+0.210%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.2	+0.103%	$238K	$4.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471	+0.088%	$2.5M	$23.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.5	+0.193%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473.3	+0.248%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,471.2	+0.099%	$37K	$366K	20x	as long as short
RISEx ZEC/USDCshort	+0.0132%	1h	1,469.6	−0.004%	$824K	$1.2M	10x
Deribit ZEC_USDC-PERPETUAL	+0.0273%	1h	1,472.4	+0.184%	$614K	$1.3M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0413%	1h	1,473.6	+0.263%	$2.4M	$3.8M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,473.5	+0.259%	$3.8M	$10.6M	50x	as long as short
Lighter RH ZEC	+0.0464%	1h	1,473.8	+0.281%	$2.0M	$8.4M	10x	as long as short
Aftermath Perps ZECUSD	+0.0714%	1h	1,472.1	+0.162%	$46K	$47K	10x	as long as short