ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h −0.019%

Price spread now: dYdX against SoDEX−0.020%7-day average −0.012% · 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−$97as in the Price arb table

costs, in and out, $10k−$960.963% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)−0.605%−$61 · spread now −0.020%, 7d avg −0.012%

Together, before fees−0.594%−$59 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZEC-USD	1,500.2	0.0100	pay 0.0013% / 1h	19m 34s	$257K	$3.6M	10x
Short	dYdX ZEC-USD	1,499.9	0.0010	get 0.0001% / 1h	19m 34s	$413K	$34K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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 SoDEXbpFee dYdXbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$18.82
Price spread: −0.020% → −0.012%: −$0.83
Slippage, 4 orders: −$78.3
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$115.94
Costs to cover: 0.963%
Break-even: never at this rate

Slippage from SoDEX: live order book, 3 min ago; dYdX: live order book, 32 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 SoDEX live order book, 3 min ago	0.33 bp	4.6 bp −$5	14.1 bp −$141	103.4 bp −$10.3K	doesn't fit
Sell dYdX live order book, 32 min ago	37.84 bp	42.8 bp −$43	98.7 bp −$987	183.4 bp −$18.3K	727.7 bp −$363.9K

ZEC on 50 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3772%	1h	1,480	−1.349%	$36K	$274K	12x	as long as short
BloFin ZEC-USDT	−0.0186%	8h	1,502.2	+0.133%	$31.6M	$75.1M	75x	as long as short
Aftermath Perps ZECUSD	−0.0121%	1h	1,501.1	+0.062%	$46K	$58K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,500.8	+0.036%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0052%	1h	1,498.6	−0.108%	$408K	$507K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,501.3	+0.072%	$8K	$6K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,502.1	+0.122%	$1.5M	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,499.4	−0.055%	$62K	$298K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,501.9	+0.110%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0009%	1h	1,500.6	+0.028%	$18.4M	$47.1M	25x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX ZEC-USDshort	+0.0010%	1h	1,499.9	−0.020%	$413K	$34K	5x
Orderly PERP_ZEC_USDC	+0.0075%	8h	1,499.6	−0.040%	$303K	$858K	20x	as long as short
RISEx ZEC/USDC	+0.0077%	1h	1,500.5	+0.018%	$922K	$1.3M	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,502.2	+0.133%	$19.7M	$41.2M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,502.4	+0.145%	$2.1M	$7.3M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,501.1	+0.057%	$173K	$1.6M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,500.9	+0.045%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,501.2	+0.067%	$19K	$879K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,501.4	+0.080%	$3.1M	$7.2M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,501.8	+0.105%	$787.4M	$430.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,500.6	+0.028%	$14.1M	$27.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,501.5	+0.088%	$1.7M	$2.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,501.1	+0.056%	$707.5M	$2.24B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,501	+0.051%	$275.6M	$595.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,501.2	+0.063%	$184.9M	$1.32B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,502.1	+0.123%	$597K	$8.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,494.1	−0.411%	$775K	$158K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,501	+0.053%	$61.8M	$184.5M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,501	+0.051%	$174.7M	$849.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,501.1	+0.057%	$105.0M	$54.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,501	+0.054%	$163.7M	$285.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,500	−0.018%	—	$6.6M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,500.8	+0.041%	$2.2M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,501.2	+0.068%	$49.5M	$34.9M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,501.8	+0.104%	$549K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,501.7	+0.101%	$3.1M	$566K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,501.8	+0.105%	$410K	$958K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,500.5	+0.017%	$112K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,501	+0.052%	$371K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,500.3	+0.004%	$167K	$189K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,502.4	+0.143%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USDlong	+0.0100%	1h	1,500.2	long leg	$257K	$3.6M	10x
HTX ZEC-USDT	+0.0100%	8h	1,500.7	+0.031%	$2.6M	$20.6M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,500.9	+0.042%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,501	+0.050%	$2.7M	$7.4M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,499.8	−0.026%	$37K	$163K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0109%	1h	1,500.7	+0.032%	$687K	$1.3M	25x	as long as short
Phoenix ZEC	+0.0139%	1h	1,502.9	+0.181%	$4.8M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0180% / S −0.0163%	1h	1,500.2	−0.005%	$372K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0336%	1h	1,502	+0.121%	$3.9M	$9.7M	50x	as long as short