Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h −0.014%
Price spread now: Orderly against BingX+0.050%7-day average +0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 3 days (all we have)+0.245%+$25 · spread now +0.050%, 7d avg +0.014%
=The price spread pays, funding is against you. Orderly is 0.037% dearer against BingX than usual: you sell high and buy low (spread +0.050% now, against its 7-day average of +0.014%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.074% in total) that is about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDT | 1,469.7 | 0.0100 | pay 0.0100% / 8h | 25m 22s | — | $102.4M | — |
| Short | Orderly PERP_ZEC_USDC | 1,470.5 | 0.0013 | get 0.0013% / 8h | 25m 22s | $295K | $1.4M | 20x |
BingX ZEC-USDT
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against BingX. 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
- −$18.19
- Price spread: +0.050% → +0.014%
- $3.66
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$30.53
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 14 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 BingX live order book, 14 min ago | 0.10 bp | 5.1 bp −$5 | 5.2 bp −$52 | 13.4 bp −$1,336 | 23.4 bp −$11.7K |
| 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 | −0.3089% | 1h | 1,472.9 | +0.219% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0269% | 1h | 1,468.3 | −0.096% | $399K | $515K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,471.2 | +0.099% | $17.9M | $44.3M | 25x | as long as short |
| Bybit ZECUSDT | −0.0115% | 8h | 1,469.3 | −0.025% | $274.8M | $653.0M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,472.2 | +0.169% | $29.8M | $75.2M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.8 | +0.003% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,471.8 | +0.139% | $46.8M | $33.9M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0006% | 1h | 1,470.3 | +0.037% | $431K | $842K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,468.8 | −0.062% | $414K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.5 | +0.191% | $903K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,469.4 | −0.019% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,470.1 | +0.029% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0013% | 8h | 1,470.5 | +0.050% | $295K | $1.4M | 20x | |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,469.9 | +0.011% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | +0.072% | $4.6M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,470.4 | +0.044% | $180.7M | $1.34B | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0042% | 1h | 1,472.1 | +0.160% | $614K | $1.3M | 25x | as long as short |
| Gate ZEC_USDT | +0.0043% | 8h | 1,470 | +0.018% | $50.6M | $186.7M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,470.1 | +0.028% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,470.4 | +0.049% | $19.1M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.5 | −0.017% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,468.5 | −0.084% | $13K | $834K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.7 | −0.066% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.7 | +0.002% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.5 | +0.054% | $762.3M | $474.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.004% | $14.9M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.5 | −0.013% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.9 | +0.010% | $683.7M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.8 | +0.076% | $701K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.003% | $894K | $39K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.8 | +0.005% | $231.2M | $839.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470 | +0.021% | $103.5M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,470.3 | +0.039% | $162.9M | $301.2M | 75x | as long as short |
| BingX ZEC-USDTlong | +0.0100% | 8h | 1,469.7 | long leg | — | $102.4M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.6 | +0.060% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,473.2 | +0.235% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.148% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.5 | −0.014% | $343K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.7 | −0.001% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.7 | −0.002% | $448K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.3 | +0.244% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.1 | +0.093% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471 | +0.088% | $2.5M | $23.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471.8 | +0.144% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.5 | −0.016% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.2 | +0.032% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,470.1 | +0.026% | $824K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0419% | 1h | 1,471.2 | +0.101% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,474.9 | +0.353% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0456% | 1h | 1,470.8 | +0.075% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0725% | 1h | 1,471.4 | +0.113% | $46K | $47K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Deribit ZEC_USDC-PERPETUAL
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD