Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Derive against SunX−0.284%7-day average −0.164% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.459%+$46 · spread now −0.284%, 7d avg −0.164%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.121% cheaper against SunX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.164%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,457.2 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $3K | $1.3M | 20x |
| Short | Derive ZEC-PERP | 1,453.1 | 0.0100 | get 0.0013% / 1h | 39m 29s | $442K | $493K | 6.7x |
SunX ZEC-USDT
Derive ZEC-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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
- $0
- Price spread: −0.284% → −0.164%
- −$12.06
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$26.06
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 4 min ago; Derive: 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 SunX live order book, 4 min ago | 29.05 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.3476% | 1h | 1,438.1 | −1.309% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,454.3 | −0.196% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,454.2 | −0.204% | $17.7M | $44.3M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0066% | 8h | 1,451.4 | −0.401% | $29.0M | $74.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0017% | 8h | 1,451.4 | −0.399% | $45.5M | $32.1M | — | as long as short |
| Bybit ZECUSDT | −0.0004% | 8h | 1,449.1 | −0.557% | $268.6M | $675.8M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,451 | −0.428% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.6 | −0.249% | $844K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,449.3 | −0.540% | $82K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,455.1 | −0.147% | $571K | $1.3M | 25x | as long as short |
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 ZEC
Deribit ZEC_USDC-PERPETUALShow 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 | 1,450.6 | −0.456% | $5.1M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0012% | 8h | 1,454.4 | −0.192% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0034% / S +0.0068% | 1h | 1,454.5 | −0.184% | $545K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0049% | 8h | 1,449.8 | −0.511% | $171.8M | $1.35B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0064% | 1h | 1,450.7 | −0.446% | $394K | $518K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,450.3 | −0.474% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0065% | 8h | 1,449.7 | −0.518% | $49.0M | $186.4M | 75x | as long as short |
| Aster ZECUSDT | +0.0069% | 8h | 1,452.1 | −0.353% | $15.3M | $34.7M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,449.8 | −0.508% | $17K | $867K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,451.1 | −0.420% | $18.7M | $54.0M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,449.8 | −0.506% | $177K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,450 | −0.494% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,449.8 | −0.506% | $3.0M | $6.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,450.8 | −0.439% | $750.9M | $489.0M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,450.6 | −0.456% | $1.6M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,450 | −0.495% | $658.4M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,452.5 | −0.323% | $895K | $33K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,450 | −0.495% | $219.1M | $886.5M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,449.6 | −0.519% | $103.4M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,449.8 | −0.505% | $161.4M | $313.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,450.7 | −0.449% | — | $105.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,454.3 | −0.200% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,451.4 | −0.400% | $487K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.1 | −0.349% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,451.9 | −0.364% | $706K | $607K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,454.2 | −0.207% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,449.9 | −0.501% | $297K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,449.8 | −0.505% | $126K | $161K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,453.1 | −0.284% | $442K | $493K | 6.7x | |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,457.2 | long leg | $3K | $1.3M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,454.1 | −0.210% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,454.1 | −0.211% | $2.4M | $24.8M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,453.9 | −0.226% | $3.7M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.9 | −0.297% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,450.1 | −0.490% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,454.4 | −0.194% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,450.5 | −0.461% | $862K | $2.5M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,455.9 | −0.089% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0449% | 1h | 1,452.6 | −0.313% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,452.3 | −0.335% | $750K | $7.9M | 10x | as long as short |
| Lighter RH ZEC | +0.0736% | 1h | 1,455.1 | −0.142% | $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
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Gate ZEC_USDT
Aster ZECUSDT
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC