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Funding arb · Price arb /

ZEC

all ZEC markets
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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.046%
Price spread now: dYdX against RISEx−0.038%55s7-day average −0.041% · 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—prices read too far apart to compare
costs, in and out, $10k−$950.949% of the position
Long on RISExShort on dYdX
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.217%−$22 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.038%, 7d avg −0.041%
Together, before fees−0.213%−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,500.50.0077pay 0.0010% / 1h18m 45s$922K$1.3M10x
ShortdYdX ZEC-USD1,499.90.0010get 0.0001% / 1h18m 45s$413K$34K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$14.06
Price spread: −0.038% → −0.041%
$0.27
Slippage, 4 orders
−$78.94
Fee RISEx: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$108.73
Costs to cover
0.949%
Break-even
never at this rate
Slippage from RISEx: live order book, 3 min ago; dYdX: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy RISEx live order book, 3 min ago1.63 bp4.6 bp −$58.1 bp −$81doesn't fitdoesn't fit
Sell dYdX live order book, 33 min ago37.84 bp42.8 bp −$4398.7 bp −$987183.4 bp −$18.3K727.7 bp −$363.9K

ZEC on 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3772%1h1,480−1.367%$36K$274K12xas long as short
BloFin ZEC-USDT−0.0186%8h1,501.3+0.051%$31.5M$75.0M75xas long as short
Aftermath Perps ZECUSD−0.0119%1h1,501.2+0.046%$46K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,500.8+0.018%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0052%1h1,498.6−0.126%$408K$507K5xas long as short
01 Exchange ZECUSD0.0000%1h1,501.3+0.054%$8K$6K5xas long as short
Kalshi KXZECPERP0.0000%8h1,501.7+0.079%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,500.2−0.020%$62K$298K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,501+0.032%$5.3M—150xas long as short
Kraken Futures PF_ZECUSD+0.0009%1h1,501.1+0.042%$18.4M$47.0M25xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX ZEC-USDshort+0.0010%1h1,499.9−0.038%$413K$34K5x
Orderly PERP_ZEC_USDC+0.0075%8h1,500.1−0.026%$303K$857K20xas long as short
RISEx ZEC/USDClong+0.0077%1h1,500.5long leg$922K$1.3M10x
Lighter ZEC+0.0096%1h1,502.2+0.114%$19.7M$41.2M20xas long as short
Lighter RH ZEC+0.0096%1h1,502.6+0.139%$2.1M$7.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,501.1+0.039%$173K$1.6M50xas long as short
Paradex ZEC-USD-PERP+0.0099%8h1,500.9+0.027%$62K$16K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,501.2+0.049%$19K$879K10xas long as short
Nado ZEC-PERP+0.0100%1h1,501.4+0.062%$3.1M$7.2M10xas long as short
Hyperliquid ZEC+0.0100%1h1,501.8+0.087%$787.3M$430.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,501.2+0.047%$14.1M$27.5M75xas long as short
Pacifica ZEC+0.0100%1h1,501.5+0.070%$1.7M$2.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,501.5+0.067%$707.7M$2.24B75xas long as short
Bybit ZECUSDT+0.0100%8h1,501.2+0.045%$275.6M$595.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,501.6+0.075%$185.1M$1.32B50xas long as short
Arcus ZEC-USD+0.0100%1h1,502.1+0.105%$597K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,494.1−0.428%$775K$158K10xas long as short
Gate ZEC_USDT+0.0100%8h1,501.5+0.067%$61.8M$184.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,501.6+0.073%$175.4M$849.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,501.4+0.060%$105.0M$54.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,501.5+0.069%$163.8M$285.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,501.2+0.047%—$123.1M—as long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,501.9+0.095%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,501.2+0.051%$49.5M$34.9M—as long as short
edgeX ZECUSDC+0.0100%4h1,501.8+0.086%$549K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,501.7+0.083%$3.1M$566K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,501.8+0.087%$410K$958K50xas long as short
StandX ZEC-USD+0.0100%1h1,500.5−0.001%$112K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,501+0.034%$371K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,501.1+0.041%$167K$187K20xas long as short
SunX ZEC-USDT+0.0100%8h1,503.3+0.184%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,500.7+0.014%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,501.4+0.060%$2.6M$20.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,500.8+0.021%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,501.4+0.060%$2.7M$7.4M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,500.5+0.002%$37K$163K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0120%1h1,501.4+0.058%$687K$1.3M25xas long as short
Phoenix ZEC+0.0139%1h1,502.9+0.163%$4.8M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0180% / S −0.0163%1h1,501.1+0.039%$372K—100xas long as short
Coinbase International ZEC-PERP-INTX+0.0336%1h1,502+0.103%$3.9M$9.7M50xas long as short