Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.009%
Price spread now: Binance against Aevo+0.046%58s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days−0.167%−$17 on $10k
+Price spread, last 3 days (all we have)−0.732%−$73 · spread now +0.046%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.051% dearer against Aevo than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,460 | 0.0104 | pay 0.0013% / 1h | 6m 21s | $36K | $362K | 20x |
| Short | Binance ZECUSDT | 1,460.7 | 0.0100 | get 0.0100% / 8h | 2h 06m | $668.1M | $2.53B | 75x |
Aevo ZEC-PERP
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aevo. 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
- −$0.84
- Price spread: +0.046% → −0.005%
- $5.1
- Slippage, 4 orders
- −$17.22
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.96
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 18 min ago; Binance: live order book, 8 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 Aevo live order book, 18 min ago | 3.99 bp | 14.2 bp −$14 | 26.6 bp −$266 | 45.3 bp −$4,534 | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.03 bp | 5.6 bp −$6 | 8.1 bp −$81 | 14.9 bp −$1,493 | 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 | 1,433.1 | −1.841% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0087% | 8h | 1,459.9 | −0.007% | $28.8M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.1 | +0.006% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,459.8 | −0.018% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0028% | 8h | 1,460.5 | +0.033% | $269.6M | $677.6M | 75x | as long as short |
| Variational Omni ZEC | −0.0004% | 8h | 1,455.9 | −0.280% | $45.6M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | +0.058% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460.8 | +0.055% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,459.6 | −0.028% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,460.8 | +0.051% | $594K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
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 | 1,461 | +0.066% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0015% / S +0.0075% | 1h | 1,460.8 | +0.055% | $558K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,461 | +0.070% | $293K | $1.5M | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0025% | 1h | 1,457.9 | −0.145% | $396K | $515K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,460.8 | +0.053% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0058% | 8h | 1,460.4 | +0.023% | $49.5M | $191.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0058% | 8h | 1,461.5 | +0.104% | $174.5M | $1.37B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,460.5 | +0.036% | $14K | $859K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,461.5 | +0.099% | $18.9M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.1 | +0.008% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460 | +0.002% | $60K | $39K | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.9 | +0.061% | $15.4M | $33.9M | 75x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,460.7 | +0.048% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,461 | +0.067% | $755.6M | $493.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.5 | +0.035% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,460.7 | +0.046% | $668.1M | $2.53B | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.5 | +0.032% | $221.0M | $900.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460 | +0.001% | $103.2M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.2 | +0.013% | $161.6M | $312.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,460.9 | +0.059% | — | $101.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,460.9 | +0.061% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,458.9 | −0.079% | $508K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.2 | −0.054% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.7 | −0.091% | $429K | $815K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.5 | +0.034% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,460 | −0.001% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.2 | +0.011% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.7 | −0.089% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,462.1 | +0.141% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.007% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,460.6 | +0.041% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,459.9 | −0.010% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.227% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,460.7 | +0.049% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.8 | +0.055% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,460 | long leg | $36K | $362K | 20x | |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,461.1 | +0.074% | $843K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,462.1 | +0.139% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0486% | 1h | 1,459.8 | −0.012% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,461.5 | +0.099% | $743K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0576% | 1h | 1,462 | +0.133% | $2.0M | $8.5M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Aster ZECUSDT
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
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
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC