ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%

Price spread now: Derive against 01 Exchange−0.117%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Derive is 0.117% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 8.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ZECUSD	1,460.4	0.0056	pay 0.0007% / 1h	50m 46s	$8K	$8K	5x
Short	Derive ZEC-PERP	1,458.7	0.0100	get 0.0013% / 1h	50m 46s	$446K	$503K	6.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against 01 Exchange. 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 01 ExchangebpFee DerivebpOrdersPrice spread, now −0.117%Rate

Funding earned: $9.24
Price spread: −0.117% → 0.000%: −$11.75
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Derive: 3 bp × 2 orders: −$6
Net: −$15.51
Costs to cover: 0.130%
Break-even: 18.7 days

Slippage unknown: 01 Exchange: no order-book sample; 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

01 Exchange and 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	−0.3310%	1h	1,462.9	+0.175%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0406%	1h	1,459.3	−0.073%	$17.7M	$44.6M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0105%	1h	1,458.3	−0.143%	$397K	$515K	5x	as long as short
BloFin ZEC-USDT	−0.0094%	8h	1,459	−0.092%	$29.1M	$75.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,460.9	+0.035%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0045%	8h	1,457.6	−0.194%	$269.0M	$677.5M	75x	as long as short
Variational Omni ZEC	−0.0022%	8h	1,467.5	+0.489%	$46.8M	$34.4M	—	as long as short
ApeX Omni ZECUSDT	−0.0002%	1h	1,461.6	+0.079%	$429K	$817K	50x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,458.8	−0.111%	$411K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,460.7	+0.024%	$934K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,458.8	−0.109%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,460.6	+0.016%	$594K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,460.6	+0.017%	$5.2M	—	150x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0009% / S +0.0078%	1h	1,460.6	+0.012%	$558K	—	100x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,460.2	−0.011%	$293K	$1.5M	20x	as long as short
OKX ZEC-USDT-SWAP	+0.0052%	8h	1,458.2	−0.147%	$174.8M	$1.36B	50x	as long as short
Bulk ZEC-USD	+0.0054%	1h	1,460.6	+0.012%	$899K	$25K	10x	as long as short
01 Exchange ZECUSDlong	+0.0056%	1h	1,460.4	long leg	$8K	$8K	5x
Gate ZEC_USDT	+0.0058%	8h	1,458.3	−0.141%	$49.7M	$183.6M	75x	as long as short
Phoenix ZEC	+0.0075%	1h	1,467	+0.452%	$4.6M	$1.6M	10x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,460.1	−0.023%	$14K	$862K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,459.6	−0.055%	$18.8M	$52.3M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,459.5	−0.064%	$172K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,457.3	−0.213%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,461.2	+0.058%	$2.5M	$7.0M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,458.7	−0.116%	$755.8M	$489.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,458.1	−0.155%	$15.3M	$33.6M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,458.6	−0.120%	$1.6M	$3.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,458.1	−0.155%	$668.8M	$2.52B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,458.1	−0.154%	$219.1M	$851.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,457.8	−0.179%	$102.9M	$56.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,458	−0.163%	$161.4M	$308.9M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,458.1	−0.157%	—	$103.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,461.1	+0.050%	$509K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,466.2	+0.401%	$3.0M	$492K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,461.3	+0.059%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,459.9	−0.034%	$343K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,460.3	−0.005%	$127K	$160K	20x	as long as short
Derive ZEC-PERPshort	+0.0100%	1h	1,458.7	−0.117%	$446K	$503K	6.7x
SunX ZEC-USDT	+0.0100%	8h	1,461.5	+0.077%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,459.3	−0.073%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,459	−0.095%	$2.4M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,459.3	−0.075%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,458.9	−0.101%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,459.9	−0.035%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,460.1	−0.017%	$841K	$1.8M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0253%	1h	1,459.9	−0.031%	$2.3M	$4.0M	15x	as long as short
Lighter RH ZEC	+0.0416%	1h	1,459.9	−0.034%	$2.0M	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,461.4	+0.071%	$3.7M	$11.6M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,459.6	−0.055%	$746K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0512%	1h	1,463.4	+0.207%	$40K	$34K	10x	as long as short