Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.003%
Price spread now: Deribit against SunX−0.236%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 3 days (all we have)+0.573%+$57 · spread now −0.236%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.204% cheaper against SunX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,456.7 | 0.0100 | pay 0.0100% / 8h | 2h 47m | $3K | $1.3M | 20x |
| Short | Deribit ZEC_USDC-PERPETUAL | 1,453.2 | 0 | get 0.0000% / 1h | 47m 19s | $566K | $1.3M | 25x |
SunX ZEC-USDT
Deribit ZEC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- −$21
- Price spread: −0.236% → −0.031%
- −$20.42
- Slippage, 4 orders
- −$120.06
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$176.48
- Costs to cover
- 1.351%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; Deribit: live order book, 2 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 SunX live order book, 7 min ago | 29.02 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 2 min ago | 4.12 bp | 7.6 bp −$8 | 15.2 bp −$152 | 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 | −0.3476% | 1h | 1,437.8 | −1.295% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.8 | −0.131% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0072% | 1h | 1,451.8 | −0.331% | $17.6M | $44.4M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,453 | −0.250% | $28.9M | $75.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,451.7 | −0.341% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0007% | 8h | 1,452.1 | −0.315% | $269.0M | $674.5M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,454.9 | −0.125% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.7 | −0.065% | $849K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.7 | −0.203% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALshort | 0.0000% | 1h | 1,453.2 | −0.236% | $566K | $1.3M | 25x |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,453.2 | −0.237% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0009% | 8h | 1,452.7 | −0.275% | $291K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0037% / S +0.0066% | 1h | 1,452.8 | −0.262% | $543K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,452.7 | −0.273% | $172.1M | $1.36B | 50x | as long as short |
| Aster ZECUSDT | +0.0062% | 8h | 1,453.4 | −0.226% | $15.3M | $35.1M | 75x | as long as short |
| Gate ZEC_USDT | +0.0063% | 8h | 1,452.9 | −0.258% | $49.1M | $185.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,454.3 | −0.165% | $8K | $8K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0075% | 1h | 1,452.8 | −0.266% | $394K | $518K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.1 | −0.180% | $17K | $879K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,453.4 | −0.227% | $18.7M | $53.9M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.7 | −0.203% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.3 | −0.230% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,453.6 | −0.213% | $3.0M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.8 | −0.198% | $751.8M | $494.2M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,454.1 | −0.179% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,452.9 | −0.261% | $658.8M | $2.54B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.117% | $896K | $37K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,453 | −0.255% | $218.8M | $882.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,453.8 | −0.196% | $103.4M | $56.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,452.6 | −0.279% | $161.9M | $315.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,453.2 | −0.242% | — | $107.0M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,455.9 | −0.056% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.4 | −0.221% | $487K | $9.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,454.1 | −0.177% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,452.6 | −0.277% | $706K | $606K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.3 | −0.165% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.2 | −0.238% | $298K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.6 | −0.277% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451.5 | −0.356% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,456.7 | long leg | $3K | $1.3M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.2 | −0.308% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453.3 | −0.231% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | −0.328% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,453.6 | −0.208% | $4.6M | $1.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.8 | −0.264% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.3 | −0.166% | $863K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0232% | 1h | 1,452.7 | −0.273% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.7 | −0.134% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0459% | 1h | 1,453.7 | −0.201% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.8 | −0.058% | $751K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,455.8 | −0.058% | $1.9M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Ondo Perps ZEC-USD.P
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Aevo ZEC-PERP
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC