Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.011%
Price spread now: Phemex against SoDEX0.000%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 3 days (all we have)−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now 0.000%, 7d avg +0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.022% cheaper against SoDEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ZEC-USD | 1,513.5 | 0.0100 | pay 0.0013% / 1h | 13m 32s | $250K | $3.5M | 10x |
| Short | Phemex ZECUSDT | 1,513.5 | 0.0100 | get 0.0100% / 8h | 2h 13m | $4.0M | $5.0M | 50x |
SoDEX ZEC-USD
Phemex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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: 0.000% → +0.022%
- −$2.24
- Slippage, 4 orders
- −$22.34
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$44.58
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, just now; Phemex: live order book, 5 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, just now | 0.17 bp | 5.2 bp −$5 | 16.9 bp −$169 | 108.3 bp −$10.8K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 4.38 bp | 19.2 bp −$19 | 33.8 bp −$338 | doesn't fit | doesn't fit |
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 | −0.3243% | 1h | 1,488.7 | −1.640% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0140% | 8h | 1,511 | −0.167% | $30.2M | $74.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,512.8 | −0.048% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,508 | −0.360% | $419K | $36K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,516 | +0.164% | $1.7M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,510 | −0.230% | $86K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,511.3 | −0.147% | $5.4M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0066% | 8h | 1,511.9 | −0.106% | $316K | $1.0M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,508.3 | −0.343% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,507.5 | −0.398% | $4.8M | $1.3M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,508.1 | −0.353% | $148K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,510.3 | −0.208% | $2.9M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,511.7 | −0.118% | $790.1M | $435.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,509.7 | −0.249% | $14.7M | $29.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.6 | −0.254% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,509.3 | −0.274% | $700.2M | $2.25B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,509.1 | −0.292% | $277.3M | $618.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,508.8 | −0.313% | $183.5M | $1.30B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,520.5 | +0.464% | $411K | $494K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,479.3 | −2.260% | $894K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,509.1 | −0.289% | $54.5M | $179.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,508.8 | −0.312% | $227.2M | $778.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,510.6 | −0.189% | $103.8M | $55.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,508.5 | −0.328% | $163.2M | $281.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,508.2 | −0.348% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,519.3 | +0.384% | $49.5M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,512.8 | −0.047% | $578K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.9 | −0.499% | $3.1M | $462K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,513 | −0.031% | $419K | $928K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,511.6 | −0.122% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,510.5 | −0.197% | $369K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,511.2 | −0.153% | $166K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,511.2 | −0.149% | $461K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,515.3 | +0.118% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USDlong | +0.0100% | 1h | 1,513.5 | long leg | $250K | $3.5M | 10x | |
| HTX ZEC-USDT | +0.0100% | 8h | 1,509.9 | −0.237% | $2.6M | $19.5M | 75x | as long as short |
| Phemex ZECUSDTshort | +0.0100% | 8h | 1,513.5 | 0.000% | $4.0M | $5.0M | 50x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,508.9 | −0.302% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,508.6 | −0.320% | $14K | $847K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,508.6 | −0.320% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,512.5 | −0.067% | $46K | $150K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0104% / S −0.0076% | 1h | 1,510.9 | −0.169% | $406K | — | 100x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0142% | 1h | 1,514.3 | +0.052% | $18.5M | $46.0M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,508.4 | −0.339% | $942K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0192% | 1h | 1,510.2 | −0.215% | $2.1M | $7.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0214% | 1h | 1,512.9 | −0.039% | $717K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0232% | 1h | 1,509.7 | −0.247% | $19.7M | $45.4M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0444% | 1h | 1,512.3 | −0.077% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,515.1 | +0.108% | $3.7M | $9.9M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,508.9 | −0.300% | $604K | $8.5M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0539% | 1h | 1,503.1 | −0.685% | $51K | $60K | 10x | as long as short |
Popdex ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
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
HTX ZEC-USDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD