Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0316%/8h= −34.7% APRnext payment $0.40 per $10,000 · paid last 24h −0.013%
Price spread now: Popdex against RISEx−0.008%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$160.158% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.193%−$19 on $10k
Price spread, last 7 days+0.022%+$2 · spread now −0.008%, 7d avg −0.021%
Together, before fees−0.172%−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx ZEC/USDC1,449.50.0412pay 0.0052% / 1h42m 39s$919K$1.1M10x
ShortPopdex ZECUSDT1,449.30.0096get 0.0012% / 1h42m 39s$173K$1.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$66.46
Price spread: −0.008% → −0.021%
$1.29
Slippage, 4 orders
−$3.36
Fee RISEx: 3 bp × 2 orders
−$6
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$80.93
Costs to cover
0.158%
Break-even
never at this rate
Slippage from RISEx: live order book, 1 min ago; Popdex: live order book, 2 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, 1 min ago1.24 bp4.2 bp −$48.3 bp −$83doesn't fitdoesn't fit
Sell Popdex live order book, 2 min ago0.14 bp3.7 bp −$46.6 bp −$66doesn't fitdoesn't fit

ZEC on 51 venues

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−0.3166%1h1,451.5+0.138%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.5+0.073%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0069%8h1,450.3+0.057%$29.2M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,449.9+0.027%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.3+0.128%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,450.6+0.078%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.4+0.066%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0059%8h1,450.4+0.066%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0065% / S −0.0016%1h1,450.2+0.048%$408K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,449.4−0.006%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDTshort+0.0096%1h1,449.3−0.008%$173K$1.7M50x
Katana Perps ZEC-USD+0.0100%8h1,449.1−0.024%$11K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450+0.036%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.7+0.086%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.6+0.148%$754.8M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.5+0.069%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,450.9+0.097%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,449.4−0.003%$665.3M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.1−0.028%$260.7M$602.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,449.6+0.006%$177.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.052%$394K$444K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450.7+0.086%$875K$29K10xas long as short
Gate ZEC_USDT+0.0100%8h1,449.9+0.027%$49.9M$173.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,450+0.036%$216.2M$769.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450.6+0.077%$102.1M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.9+0.032%$164.6M$274.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.6+0.077%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,450.9+0.099%$2.4M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.3−0.146%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,447.5−0.137%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,450.6+0.077%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,449.9+0.030%$403K$921K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.4+0.130%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,450.2+0.051%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.4+0.065%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.3−0.011%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453+0.247%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.6+0.077%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,449.5+0.005%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.5+0.070%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,449.2−0.019%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,450.1+0.045%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,451.4+0.133%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0237%1h1,451+0.106%$609K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0278%1h1,450.6+0.079%$18.0M$44.9M25xas long as short
Lighter ZEC+0.0320%1h1,452.1+0.180%$19.1M$45.9M20xas long as short
RISEx ZEC/USDClong+0.0412%1h1,449.5long leg$919K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,452.9+0.235%$3.8M$9.0M50xas long as short
Lighter RH ZEC+0.0464%1h1,452.4+0.206%$2.0M$6.9M10xas long as short
Arcus ZEC-USD+0.0626%1h1,449.3−0.013%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0667%1h1,450+0.039%$44K$49K10xas long as short