ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.63 per $10,000 · paid last 24h −0.024%

Price spread now: Orderly against SunX−0.067%7-day average −0.092% · you buy dearer than you sell

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

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days−0.390%−$39 on $10k

Price spread, last 4 days (all we have)+0.468%+$47 · spread now −0.067%, 7d avg −0.092%

Together, before fees+0.078%+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Orderly is 0.025% dearer against SunX than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.092%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.390% in total) that is about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ZEC-USDT	1,462.4	0.0100	pay 0.0100% / 8h	5h 43m	$3K	$1.2M	20x
Short	Orderly PERP_ZEC_USDC	1,461.4	0.0037	get 0.0037% / 8h	5h 43m	$292K	$977K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. 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 SunXbpFee OrderlybpOrdersPrice spread, now −0.067%Rate

Funding earned: −$13.28
Price spread: −0.067% → −0.092%: $2.45
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$24.82
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; Orderly: 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, 10 min ago	29.02 bp	48.1 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.3244%	1h	1,460	−0.162%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,460.6	−0.124%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0078%	8h	1,462.3	−0.010%	$29.7M	$71.1M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,460.8	−0.109%	$411K	$46K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,461.4	−0.067%	$963K	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,460.9	−0.106%	$84K	$249K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,461.3	−0.077%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDCshort	+0.0037%	8h	1,461.4	−0.067%	$292K	$977K	20x
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0009%	1h	1,461.2	−0.081%	$379K	—	100x	as long as short
Ondo Perps ZEC-USD.P	+0.0064%	1h	1,459.8	−0.178%	$396K	$433K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	+0.0073%	1h	1,462	−0.027%	$425K	$879K	50x	as long as short
Phoenix ZEC	+0.0074%	1h	1,459.6	−0.192%	$4.6M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,460.2	−0.150%	$173K	$1.8M	50x	as long as short
Variational Omni ZEC	+0.0098%	8h	1,459.8	−0.176%	$47.4M	$31.8M	—	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0099%	1h	1,462	−0.025%	$609K	$1.3M	25x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,461.5	−0.064%	$19K	$835K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,459.9	−0.169%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,460.7	−0.115%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.2	−0.012%	$761.9M	$432.9M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,460.4	−0.139%	$14.5M	$28.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,460.7	−0.116%	$1.7M	$2.6M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,460.3	−0.143%	$673.2M	$2.25B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,459.6	−0.189%	$270.0M	$605.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,459.6	−0.190%	$179.8M	$1.23B	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,458.7	−0.257%	$886K	$16K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,460.9	−0.101%	$50.0M	$170.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,460	−0.168%	$215.0M	$770.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,460.4	−0.139%	$102.7M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460	−0.165%	$162.0M	$275.5M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,459.6	−0.194%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,461	−0.099%	$2.4M	$3.8M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,459	−0.236%	$568K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.3	−0.212%	$3.0M	$418K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,460.4	−0.137%	$70K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,460	−0.165%	$340K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,461.3	−0.079%	$127K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,460.1	−0.157%	$446K	$521K	6.7x	as long as short
SunX ZEC-USDTlong	+0.0100%	8h	1,462.4	long leg	$3K	$1.2M	20x
SoDEX ZEC-USD	+0.0100%	1h	1,461.6	−0.058%	$241K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,460.2	−0.152%	$2.6M	$18.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,460.9	−0.101%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.7	−0.120%	$2.8M	$7.7M	10x	as long as short
01 Exchange ZECUSD	+0.0104%	1h	1,460.8	−0.111%	$8K	$7K	5x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,461.2	−0.082%	$48K	$155K	20x	as long as short
Lighter ZEC	+0.0192%	1h	1,461.8	−0.044%	$19.1M	$45.9M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0195%	1h	1,460.7	−0.117%	$18.0M	$43.7M	25x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,461.8	−0.039%	$705K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0320%	1h	1,461.9	−0.038%	$2.1M	$6.8M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,460.9	−0.102%	$835K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,462.7	+0.021%	$3.6M	$9.0M	50x	as long as short
Aftermath Perps ZECUSD	+0.0708%	1h	1,462.4	+0.001%	$43K	$46K	10x	as long as short