Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Derive against SoDEX−0.092%7-day average −0.073% · 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)+0.025%+$3 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.092%, 7d avg −0.073%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,474.8 | 0.0100 | pay 0.0013% / 1h | 35m 35s | $251K | $3.5M | 10x |
| Short | Derive ZEC-PERP | 1,473.4 | 0.0100 | get 0.0013% / 1h | 35m 35s | $450K | $500K | 6.7x |
SoDEX ZEC-USD
Derive ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against SoDEX. 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
- $0
- Price spread: −0.092% → −0.073%
- −$1.93
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$15.93
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: live order book, 3 min ago; Derive: 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 SoDEX live order book, 3 min ago | 0.34 bp | 4.8 bp −$5 | 13.2 bp −$132 | 99.7 bp −$9,973 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 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 | −0.3684% | 1h | 1,477.1 | +0.159% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0125% | 8h | 1,476.2 | +0.100% | $30.4M | $73.6M | 75x | as long as short |
| Bulk ZEC-USD | −0.0118% | 1h | 1,480.8 | +0.411% | $895K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,474.5 | −0.016% | $17.8M | $47.1M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,475.4 | +0.043% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475 | +0.019% | $410K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,475.6 | +0.058% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,473.8 | −0.065% | $64K | $301K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,474.7 | −0.003% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0076% | 8h | 1,474.5 | −0.020% | $297K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.6 | −0.009% | $162K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,474.4 | −0.024% | $13K | $866K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.5 | −0.018% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474.3 | −0.030% | $13.8M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.1 | +0.022% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,474.6 | −0.010% | $687.3M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,474 | −0.049% | $264.9M | $631.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,474.1 | −0.043% | $178.6M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,472.5 | −0.153% | $403K | $507K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,474.8 | +0.003% | $54.0M | $182.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,474.9 | +0.006% | $232.7M | $781.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,475.1 | +0.020% | $100.9M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474.7 | −0.006% | $158.7M | $288.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,475 | +0.014% | — | $115.3M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,475.1 | +0.026% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,474.2 | −0.041% | $48.1M | $34.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.3 | +0.102% | $564K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476.1 | +0.089% | $3.0M | $488K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.1 | +0.087% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.7 | +0.130% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474 | −0.052% | $356K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,475.2 | +0.028% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,473.4 | −0.092% | $450K | $500K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,477 | +0.151% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDlong | +0.0100% | 1h | 1,474.8 | long leg | $251K | $3.5M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.8 | +0.073% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475 | +0.019% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475 | +0.019% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.7 | −0.007% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,474.6 | −0.011% | $42K | $152K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0128% / S −0.0120% | 1h | 1,474.4 | −0.024% | $427K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,475.2 | +0.029% | $923K | $1.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0129% | 1h | 1,479.5 | +0.323% | $47K | $64K | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.6 | +0.262% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,475.1 | +0.022% | $8K | $7K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0178% | 1h | 1,475.2 | +0.032% | $674K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,476.9 | +0.147% | $640K | $8.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0227% | 1h | 1,475.9 | +0.077% | $766.4M | $441.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0264% | 1h | 1,476.4 | +0.113% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEC | +0.0288% | 1h | 1,476.5 | +0.118% | $19.4M | $45.7M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,476.9 | +0.148% | $3.6M | $10.0M | 50x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Aftermath Perps ZECUSD
Phoenix ZEC
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Hyperliquid ZEC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX