ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: GMX against SoDEX−0.057%7-day average +0.024% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.093%−$9 on $10k

Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.057%, 7d avg +0.024%

Together, before fees−0.126%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GMX is 0.082% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.024%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZEC-USD	1,474.5	0.0100	pay 0.0013% / 1h	56m 09s	$243K	$4.4M	10x
Short	GMX ZEC/USD [WBTC.b-USDC]	1,473.6	L +0.0055% / S −0.0010%	get 0.0001% / 1h	56m 09s	$372K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$18.86
Price spread: −0.057% → +0.024%: −$8.16
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$47.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 3 min ago; GMX: 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	0.03 bp	4.4 bp −$4	15.6 bp −$156	103.7 bp −$10.4K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.3321%	1h	1,473.2	−0.087%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0342%	1h	1,474.7	+0.013%	$17.9M	$43.6M	25x	as long as short
BloFin ZEC-USDT	−0.0101%	8h	1,473.3	−0.081%	$29.7M	$74.7M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0094%	1h	1,472.2	−0.155%	$399K	$516K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,473.8	−0.045%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0060%	8h	1,472.4	−0.143%	$47.7M	$34.4M	—	as long as short
Bybit ZECUSDT	−0.0034%	8h	1,474.1	−0.025%	$275.3M	$648.4M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,472.9	−0.108%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,474.4	−0.009%	$960K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,473.2	−0.085%	$84K	$405K	10x	as long as short

Show 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	1,473.9	−0.038%	$5.2M	—	150x	as long as short
Phemex ZECUSDT	+0.0007%	8h	1,474.6	+0.004%	$3.9M	$5.4M	50x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,474.1	−0.026%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,470.8	−0.253%	$4.7M	$1.6M	10x	as long as short
ApeX Omni ZECUSDT	+0.0028%	1h	1,470.5	−0.272%	$431K	$845K	50x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,474.3	−0.010%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0040%	8h	1,474.5	−0.001%	$182.1M	$1.34B	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]short	L +0.0055% / S −0.0010%	1h	1,473.6	−0.057%	$372K	—	100x
Gate ZEC_USDT	+0.0079%	8h	1,474.5	−0.002%	$51.3M	$177.5M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,473.7	−0.053%	$175K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,474.6	+0.010%	$12K	$851K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,473.9	−0.040%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.5	−0.001%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.7	+0.082%	$765.1M	$473.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.5	+0.002%	$15.0M	$32.4M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,473.7	−0.052%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.3	−0.011%	$684.9M	$2.45B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,474.7	+0.017%	$696K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.8	−0.254%	$895K	$33K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,474.6	+0.007%	$229.9M	$819.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474.2	−0.023%	$104.8M	$56.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.5	−0.003%	$164.1M	$300.5M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,474.4	−0.007%	—	$101.9M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,470	−0.301%	$549K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,470.6	−0.262%	$3.0M	$454K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473	−0.103%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,473.4	−0.074%	$334K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,473.5	−0.069%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,472.5	−0.137%	$459K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,475.8	+0.088%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USDlong	+0.0100%	1h	1,474.5	long leg	$243K	$4.4M	10x
HTX ZEC-USDT	+0.0100%	8h	1,473.6	−0.058%	$2.5M	$22.5M	75x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,474.8	+0.019%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,473.4	−0.074%	$29K	$203K	20x	as long as short
Lighter ZEC	+0.0120%	1h	1,476	+0.104%	$19.2M	$50.2M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0192%	1h	1,475.5	+0.066%	$615K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,474.4	−0.005%	$841K	$1.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,476.2	+0.119%	$3.8M	$10.6M	50x	as long as short
Lighter RH ZEC	+0.0616%	1h	1,476.8	+0.155%	$2.0M	$7.9M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0624%	1h	1,475.4	+0.059%	$2.5M	$3.8M	15x	as long as short
Aftermath Perps ZECUSD	+0.0779%	1h	1,473.5	−0.070%	$46K	$46K	10x	as long as short