Funding you earn now, next payment 07:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.056%
Price spread now: Kraken Futures against Aevo+0.021%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days−0.300%−$30 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.021%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ZEC-PERP | 1,477 | 0.0104 | pay 0.0013% / 1h | 29m 02s | $42K | $152K | 20x |
| Short | Kraken Futures PF_ZECUSD | 1,477.3 | −0.0097 | pay 0.0012% / 1h | 29m 02s | $17.9M | $47.2M | 25x |
Aevo ZEC-PERP
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$42.26
- Price spread: +0.021% → +0.028%
- −$0.72
- Slippage, 4 orders
- −$29.07
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$98.05
- Costs to cover
- 0.551%
- Break-even
- never at this rate
Slippage from Aevo: live order book, 15 min ago; Kraken Futures: live order book, 5 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, 15 min ago | 8.31 bp | 19.4 bp −$19 | 30.4 bp −$304 | 51.9 bp −$5,195 | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 1.90 bp | 9.3 bp −$9 | 12.9 bp −$129 | 20.5 bp −$2,048 | 103.8 bp −$51.9K |
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 | −0.3684% | 1h | 1,462 | −1.011% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | +0.009% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0123% | 8h | 1,477 | +0.005% | $30.5M | $73.8M | 75x | as long as short |
| Kraken Futures PF_ZECUSDshort | −0.0097% | 1h | 1,477.3 | +0.021% | $17.9M | $47.2M | 25x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,478.4 | +0.095% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,477.7 | +0.049% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,478.3 | +0.092% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.8 | −0.077% | $63K | $303K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,478 | +0.072% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,477 | +0.001% | $297K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.6 | +0.041% | $164K | $1.8M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0097% | 1h | 1,477.6 | +0.044% | $47K | $64K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,477.1 | +0.012% | $10K | $869K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,477.8 | +0.054% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.7 | −0.015% | $13.8M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,478.1 | +0.073% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,477.1 | +0.010% | $687.6M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,476.7 | −0.019% | $263.4M | $632.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,476.8 | −0.009% | $178.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.2 | −0.120% | $403K | $508K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,477 | 0.000% | $54.2M | $182.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,477.1 | +0.008% | $241.1M | $784.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,477.3 | +0.025% | $101.0M | $57.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,477 | +0.002% | $158.9M | $288.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,477.4 | +0.031% | — | $115.2M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,477.7 | +0.046% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,477.6 | +0.044% | $48.1M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,477.2 | +0.013% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.3 | +0.093% | $3.0M | $498K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.9 | −0.006% | $406K | $935K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,479.1 | +0.144% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,477.4 | +0.029% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,477.3 | +0.024% | $162K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.242% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.7 | +0.182% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,477.1 | +0.007% | $251K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,476.3 | −0.045% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477.8 | +0.054% | $3.9M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,477.7 | +0.049% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,477 | +0.002% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERPlong | +0.0104% | 1h | 1,477 | long leg | $42K | $152K | 20x | |
| Deribit ZEC_USDC-PERPETUAL | +0.0127% | 1h | 1,477.7 | +0.052% | $675K | $1.4M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,478.5 | +0.101% | $925K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,478.9 | +0.129% | $4.7M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0143% / S −0.0148% | 1h | 1,478.1 | +0.077% | $479K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,477.8 | +0.057% | $8K | $7K | 5x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,479.4 | +0.165% | $633K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,478.8 | +0.125% | $2.1M | $7.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0251% | 1h | 1,478.3 | +0.090% | $767.2M | $442.3M | 10x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,478.8 | +0.124% | $19.4M | $45.8M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,479.6 | +0.179% | $3.6M | $9.9M | 50x | as long as short |
Popdex ZECUSDT
Aftermath Perps ZECUSD
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
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
Paradex ZEC-USD-PERP
Extended ZEC-USD
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
Arcus ZEC-USD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX