Funding you earn now, next payment 01:00 UTC−0.0571%/8h= −62.5% APRnext payment −$0.71 per $10,000 · paid last 24h −0.046%
Price spread now: Kraken Futures against RISEx−0.004%7-day average +0.001% · 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−$28as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 3 days (all we have)−0.275%−$28 on $10k
+Price spread, last 3 days (all we have)+0.206%+$21 · spread now −0.004%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$17 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 | 1,470 | 0.0228 | pay 0.0029% / 1h | 32m 31s | $850K | $1.1M | 10x |
| Short | Kraken Futures PF_ZECUSD | 1,469.9 | −0.0343 | pay 0.0043% / 1h | 32m 31s | $17.9M | $43.0M | 25x |
RISEx ZEC/USDC
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against RISEx. 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
- −$119.91
- Price spread: −0.004% → +0.001%
- −$0.51
- Slippage, 4 orders
- −$11.52
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$147.95
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 1 min ago; Kraken Futures: 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 | 1.73 bp | 4.7 bp −$5 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.57 bp | 9.8 bp −$10 | 14.1 bp −$141 | 22.8 bp −$2,276 | 104.2 bp −$52.1K |
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 | −0.3321% | 1h | 1,470.2 | +0.016% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSDshort | −0.0343% | 1h | 1,469.9 | −0.004% | $17.9M | $43.0M | 25x | |
| Ondo Perps ZEC-USD.P | −0.0142% | 1h | 1,468.5 | −0.099% | $399K | $519K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,470.4 | +0.030% | $29.8M | $73.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.5 | +0.039% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0076% | 8h | 1,469.6 | −0.022% | $274.0M | $636.0M | 75x | as long as short |
| Variational Omni ZEC | −0.0056% | 8h | 1,468.2 | −0.121% | $47.6M | $34.2M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.9 | −0.004% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.9 | −0.001% | $957K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.9 | −0.004% | $83K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.8 | −0.008% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,469.7 | −0.018% | $293K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,470.1 | +0.007% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0046% | 8h | 1,469.9 | −0.005% | $181.7M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.8 | +0.056% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.7 | −0.019% | $378K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.9 | −0.007% | $176K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.4 | −0.038% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.3 | −0.047% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470 | 0.000% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.7 | +0.118% | $763.2M | $454.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,470.1 | +0.007% | $14.9M | $31.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.3 | +0.026% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.2 | +0.014% | $684.1M | $2.38B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,471 | +0.071% | $697K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471 | +0.070% | $895K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469.2 | −0.050% | $51.2M | $179.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.9 | −0.007% | $231.7M | $825.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470 | +0.005% | $104.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.4 | +0.030% | $163.6M | $293.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.063% | — | $100.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.4 | −0.105% | $571K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.3 | −0.112% | $3.0M | $466K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470 | −0.001% | $430K | $860K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470 | +0.001% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470.2 | +0.016% | $333K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.4 | −0.041% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,467.9 | −0.139% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,471.6 | +0.108% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.017% | $242K | $4.0M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.2 | +0.013% | $2.5M | $21.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.8 | +0.056% | $3.9M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.3 | −0.044% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.9 | −0.007% | $56K | $167K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0166% | 1h | 1,470.6 | +0.041% | $605K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,471.8 | +0.124% | $19.2M | $50.4M | 20x | as long as short |
| RISEx ZEC/USDClong | +0.0228% | 1h | 1,470 | long leg | $850K | $1.1M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,471.8 | +0.128% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0523% | 1h | 1,471.5 | +0.103% | $2.5M | $3.8M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0771% | 1h | 1,470.9 | +0.065% | $44K | $47K | 10x | as long as short |
| Lighter RH ZEC | +0.0784% | 1h | 1,472.7 | +0.188% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC