ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h −0.015%

Price spread now: Deribit against RISEx+0.042%7-day average +0.035% · 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−$25as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.170%−$17 on $10k

Price spread, last 4 days (all we have)+1.403%+$140 · spread now +0.042%, 7d avg +0.035%

Together, before fees+1.233%+$123 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ZEC/USDC	1,449.1	0.0409	pay 0.0051% / 1h	37m 11s	$826K	$1.0M	10x
Short	Deribit ZEC_USDC-PERPETUAL	1,449.7	0.0395	get 0.0049% / 1h	37m 11s	$609K	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. 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 RISExbpFee DeribitbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$3.1
Price spread: +0.042% → +0.035%: $0.7
Slippage, 4 orders: −$13.04
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.44
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from RISEx: live order book, 1 min ago; Deribit: 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 RISEx live order book, 1 min ago	2.00 bp	5.0 bp −$5	11.1 bp −$111	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	3.69 bp	8.8 bp −$9	20.6 bp −$206	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	−0.3244%	1h	1,449.3	+0.015%	$33K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0081%	8h	1,450.5	+0.099%	$29.4M	$70.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,449.1	+0.003%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,447.7	−0.094%	$408K	$44K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,449.2	+0.009%	$996K	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,449	−0.005%	$83K	$248K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,448.9	−0.008%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0040%	8h	1,449	−0.004%	$289K	$979K	20x	as long as short
ApeX Omni ZECUSDT	+0.0046%	1h	1,449	−0.004%	$406K	$904K	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0053% / S −0.0009%	1h	1,449.1	+0.003%	$374K	—	100x	as long as short

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	+0.009%	$4.6M	$1.4M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0083%	1h	1,445.9	−0.218%	$396K	$431K	5x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,449.7	+0.041%	$173K	$1.8M	50x	as long as short
Gate ZEC_USDT	+0.0097%	8h	1,449	−0.001%	$49.3M	$172.4M	75x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,446.6	−0.172%	$14K	$862K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,449.6	+0.038%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,450.2	+0.079%	$2.5M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,450.1	+0.072%	$754.7M	$433.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,449.9	+0.060%	$14.4M	$28.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,449	−0.003%	$1.7M	$2.6M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,449.2	+0.012%	$665.3M	$2.26B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,448.7	−0.027%	$266.3M	$610.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,449.2	+0.013%	$178.7M	$1.23B	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,458.7	+0.662%	$886K	$16K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,450.2	+0.080%	$213.8M	$774.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,450	+0.062%	$101.9M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,448.8	−0.021%	$160.7M	$277.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,448.6	−0.029%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,449.8	+0.048%	$2.3M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,454.9	+0.404%	$47.2M	$32.0M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,456.5	+0.511%	$567K	$8.8M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,448.4	−0.045%	$3.0M	$419K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,449.6	+0.039%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,449.6	+0.038%	$323K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,449.8	+0.048%	$134K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,447.4	−0.114%	$442K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,451.9	+0.196%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,449.7	+0.047%	$232K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,449.2	+0.013%	$2.6M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,450.9	+0.126%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,449.1	+0.004%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,449	−0.005%	$47K	$156K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,449.7	+0.042%	$8K	$7K	5x	as long as short
Lighter ZEC	+0.0168%	1h	1,451.2	+0.147%	$18.9M	$46.4M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,449.8	+0.051%	$17.8M	$44.3M	25x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,451.3	+0.158%	$724K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0312%	1h	1,451.8	+0.189%	$2.0M	$6.8M	10x	as long as short
Deribit ZEC_USDC-PERPETUALshort	+0.0395%	1h	1,449.7	+0.042%	$609K	$1.3M	25x
RISEx ZEC/USDClong	+0.0409%	1h	1,449.1	long leg	$826K	$1.0M	10x
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,451	+0.133%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0710%	1h	1,455.2	+0.422%	$43K	$46K	10x	as long as short