Funding you earn now, next payment 21:20 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.032%
Price spread now: Perpl against Binance−0.036%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)+0.639%+$64 · spread now −0.036%, 7d avg −0.034%
=Together, before fees+0.723%+ Points / potential airdropPerpl: Active · farm board+$72 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,460.3 | 0.0100 | pay 0.0100% / 8h | 2h 07m | $667.9M | $2.53B | 75x |
| Short | Perpl ZEC | 1,459.8 | 0 | get 0.0000% / 43m | 37m 09s | $83K | $401K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Binance. 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
- −$21
- Price spread: −0.036% → −0.034%
- −$0.18
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$44.98
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Perpl: 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 Binance live order book, 7 min ago | 0.03 bp | 5.0 bp −$5 | 7.4 bp −$74 | 14.8 bp −$1,483 | 25.7 bp −$12.8K |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | 1,433.1 | −1.863% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0087% | 8h | 1,459.9 | −0.029% | $28.8M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,460.3 | −0.006% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,459.8 | −0.040% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0024% | 8h | 1,459.1 | −0.084% | $269.4M | $677.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0004% | 8h | 1,455.9 | −0.302% | $45.6M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | +0.036% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460.8 | +0.033% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,459.8 | −0.036% | $83K | $401K | 10x | |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,460.8 | +0.029% | $594K | $1.3M | 25x | as long as short |
Show 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 | 1,460.7 | +0.023% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0015% / S +0.0074% | 1h | 1,460.3 | −0.001% | $558K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,459.8 | −0.034% | $293K | $1.5M | 20x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0033% | 1h | 1,457 | −0.229% | $395K | $515K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,460.3 | 0.000% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,460 | −0.023% | $174.4M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0060% | 8h | 1,459.9 | −0.027% | $49.4M | $191.2M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,460.1 | −0.018% | $15K | $865K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,461.5 | +0.077% | $18.9M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460 | −0.027% | $173K | $2.0M | 50x | as long as short |
| Aster ZECUSDT | +0.0099% | 8h | 1,460.1 | −0.019% | $15.4M | $33.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.1 | −0.020% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.2 | +0.059% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,460.9 | +0.038% | $755.5M | $493.5M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,460.8 | +0.029% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,460.3 | long leg | $667.9M | $2.53B | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,460.2 | −0.011% | $219.1M | $900.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.2 | −0.009% | $103.2M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.1 | −0.015% | $161.6M | $312.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,459.3 | −0.074% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,460.9 | +0.039% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,458.9 | −0.101% | $508K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.2 | −0.077% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458.7 | −0.113% | $429K | $815K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,460.5 | +0.012% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,460 | −0.023% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.032% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,458.7 | −0.111% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,462.1 | +0.119% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,459.9 | −0.029% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,460.6 | +0.019% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,459.9 | −0.032% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.249% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,460.7 | +0.027% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,460.7 | +0.022% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,460 | −0.022% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,460.8 | +0.031% | $848K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,462.1 | +0.117% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0483% | 1h | 1,459.4 | −0.061% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,461.2 | +0.061% | $743K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0584% | 1h | 1,462.1 | +0.120% | $1.9M | $8.5M | 10x | as long as short |
Binance ZECUSDT
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Aster ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC