Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.023%
Price spread now: 01 Exchange against Popdex−0.235%58s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.235% cheaper against Popdex than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 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 | 1,476.8 | 0.0096 | pay 0.0012% / 1h | 25m 41s | $174K | $1.8M | 50x |
| Short | 01 Exchange ZECUSD | 1,473.3 | 0.0064 | get 0.0008% / 1h | 25m 41s | $8K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$6.72
- Price spread: −0.235% → 0.000%
- −$23.5
- Slippage, 4 orders
- no order book: not counted
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$43.62
- Costs to cover
- 0.134%
- Break-even
- never at this rate
Slippage unknown: Popdex: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.
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, 3 min ago | 0.41 bp | 4.0 bp −$4 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3678% | 1h | 1,475.4 | −0.089% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,473.3 | −0.235% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0020% | 1h | 1,474.1 | −0.180% | $400K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,475.4 | −0.094% | $18.1M | $43.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,473.2 | −0.238% | $415K | $54K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.4 | −0.095% | $976K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,476 | −0.053% | $84K | $254K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,474.8 | −0.135% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0027% | 8h | 1,476 | −0.051% | $295K | $1.1M | 20x | as long as short |
| Variational Omni ZEC | +0.0048% | 8h | 1,474.4 | −0.158% | $48.1M | $32.8M | — | as long as short |
Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,474.6 | −0.145% | $385K | — | 100x | as long as short |
| 01 Exchange ZECUSDshort | +0.0064% | 1h | 1,473.3 | −0.235% | $8K | $9K | 5x | |
| Phoenix ZEC | +0.0070% | 1h | 1,478.2 | +0.099% | $4.7M | $1.5M | 10x | as long as short |
| Popdex ZECUSDTlong | +0.0096% | 1h | 1,476.8 | long leg | $174K | $1.8M | 50x | |
| OKX ZEC-USDT-SWAP | +0.0097% | 8h | 1,473.1 | −0.245% | $181.4M | $1.27B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,473 | −0.255% | $14K | $842K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.4 | −0.228% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477 | +0.013% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.4 | −0.160% | $767.5M | $445.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,473.5 | −0.221% | $14.9M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.3 | −0.234% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.3 | −0.232% | $680.9M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,473 | −0.256% | $271.5M | $618.0M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,476.6 | −0.012% | $896K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,472.8 | −0.272% | $50.3M | $175.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.4 | −0.231% | $215.7M | $799.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,472.9 | −0.263% | $103.6M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,473.1 | −0.251% | $163.7M | $283.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,472.9 | −0.260% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.1 | −0.046% | $574K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,475 | −0.118% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,474 | −0.185% | $429K | $907K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,475.6 | −0.082% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.6 | −0.011% | $340K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.7 | −0.137% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,474.5 | −0.153% | $459K | $511K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477.9 | +0.080% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,475.4 | −0.090% | $243K | $3.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.8 | −0.064% | $2.5M | $18.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.8 | −0.064% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.8 | −0.267% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476 | −0.053% | $48K | $162K | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,474.6 | −0.146% | $689K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0272% | 1h | 1,474.6 | −0.144% | $19.3M | $48.1M | 20x | as long as short |
| Lighter RH ZEC | +0.0280% | 1h | 1,474.9 | −0.129% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0292% | 1h | 1,476.8 | 0.000% | $614K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,473.7 | −0.206% | $865K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,477.4 | +0.041% | $3.7M | $9.5M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0498% | 1h | 1,475.2 | −0.108% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0732% | 1h | 1,475.7 | −0.072% | $44K | $46K | 10x | as long as short |
Popdex ZECUSDT
01 Exchange ZECUSD
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
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
Lighter ZEC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD