Funding you earn now, next payment 08:07 UTC−0.0547%/8h= −59.8% APRpaid last 24h −0.032%
Price spread now: Perpl against StandX−0.155%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.155%, 7d avg −0.063%
=Together, before fees−0.130%+ Points / potential airdropStandX: Active · Perpl: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Perpl is 0.092% cheaper against StandX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.202% in total (about -10.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX ZEC-USD | 1,508.8 | 0.0100 | pay 0.0013% / 1h | 39m 19s | $51K | $4.6M | 30x |
| Short | Perpl ZEC | 1,506.5 | −0.0447 | pay 0.0040% / 43m | 11m 19s | $62K | $305K | 10x |
StandX ZEC-USD
Perpl ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against StandX. 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
- −$114.77
- Price spread: −0.155% → −0.063%
- −$9.19
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$145.76
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 5 min ago; Perpl: 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 StandX live order book, 5 min ago | 3.31 bp | 8.3 bp −$8 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.3702% | 1h | 1,497.1 | −0.781% | $36K | $275K | 12x | as long as short |
| Perpl ZECshort | −0.0447% | 43m | 1,506.5 | −0.155% | $62K | $305K | 10x | |
| Aftermath Perps ZECUSD | −0.0169% | 1h | 1,512 | +0.210% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,507.1 | −0.113% | $31.7M | $76.7M | 75x | as long as short |
| Bulk ZEC-USD | −0.0101% | 1h | 1,517.9 | +0.600% | $781K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,509.5 | +0.044% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,508.8 | 0.000% | $419K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,509 | +0.013% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,507.9 | −0.064% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,508.1 | −0.052% | $18.3M | $47.7M | 25x | as long as short |
Injective ZEC/USDC PERP
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,508.4 | −0.028% | $8K | $6K | 5x | as long as short |
| Gate ZEC_USDT | +0.0049% | 8h | 1,507.5 | −0.091% | $60.6M | $184.7M | 75x | as long as short |
| ApeX Omni ZECUSDT | +0.0058% | 1h | 1,509.8 | +0.063% | $415K | $952K | 50x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,515.4 | +0.436% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,508 | −0.057% | $304K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,508.5 | −0.022% | $19.5M | $44.7M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,508.8 | −0.005% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,507.5 | −0.092% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,508.5 | −0.021% | $62K | $18K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,507.6 | −0.084% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,508.8 | −0.001% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,508.8 | −0.003% | $789.8M | $445.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,507.8 | −0.068% | $14.2M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,508.9 | +0.002% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,508.3 | −0.034% | $712.9M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,507.8 | −0.069% | $270.9M | $625.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,507.8 | −0.067% | $186.0M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,511.6 | +0.183% | $412K | $546K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,509.4 | +0.039% | $608K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,508.1 | −0.049% | $408.0M | $832.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,507.5 | −0.092% | $103.0M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,508.1 | −0.051% | $163.2M | $295.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,506.9 | −0.129% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,509.9 | +0.069% | $50.1M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,511.6 | +0.184% | $558K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,515.1 | +0.413% | $3.1M | $530K | 10x | as long as short |
| StandX ZEC-USDlong | +0.0100% | 1h | 1,508.8 | long leg | $51K | $4.6M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.1 | +0.017% | $375K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,508.2 | −0.045% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,508.1 | −0.047% | $450K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.5 | +0.111% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,507.8 | −0.072% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,507 | −0.124% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,507.8 | −0.066% | $4.0M | $4.9M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0102% | 1h | 1,508.9 | +0.002% | $691K | $1.4M | 25x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,507.8 | −0.068% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,508.2 | −0.043% | $45K | $153K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0157% / S −0.0160% | 1h | 1,507.9 | −0.065% | $335K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,508.3 | −0.037% | $960K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,508.1 | −0.048% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0476% | 1h | 1,510 | +0.074% | $2.4M | $3.7M | 15x | as long as short |
01 Exchange ZECUSD
Gate ZEC_USDT
ApeX Omni ZECUSDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP