Funding you earn now, next payment 21:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.042%
Price spread now: dYdX against BloFin−0.131%92s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as 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−$1011.012% of the position
Funding, last 7 days+0.384%+$38 on $10k
+Price spread, last 3 days (all we have)−0.837%−$84 · spread now −0.131%, 7d avg −0.015%
=Funding pays, the price is against you. dYdX is 0.115% cheaper against BloFin than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.015%). If the spread goes back, that is −$12 on $10k: about 5.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.384% in total) that is about 2.1 days. The two prices were read 92 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 | BloFin ZEC-USDT | 1,481.8 | −0.0068 | get 0.0068% / 8h | 3h 31m | $29.9M | $78.1M | 75x |
| Short | dYdX ZEC-USD | 1,479.9 | 0 | get 0.0000% / 1h | 31m 41s | $417K | $107K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against BloFin. 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
- $14.26
- Price spread: −0.131% → −0.015%
- −$11.52
- Slippage, 4 orders
- −$79.22
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$98.48
- Costs to cover
- 1.012%
- Break-even
- 55.4 days
Slippage from BloFin: live order book, 3 min ago; dYdX: live order book, 18 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 BloFin live order book, 3 min ago | 0.03 bp | 6.3 bp −$6 | 7.7 bp −$77 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 18 min ago | 38.07 bp | 43.1 bp −$43 | 45.9 bp −$459 | 110.1 bp −$11.0K | 133.3 bp −$66.6K |
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 | −0.3181% | 1h | 1,476.9 | −0.334% | $34K | $159K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0092% | 1h | 1,475.7 | −0.414% | $735K | $601K | 50x | as long as short |
| Variational Omni ZEC | −0.0090% | 8h | 1,479.3 | −0.170% | $47.8M | $30.5M | — | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,481.5 | −0.024% | $6K | $2K | 10x | as long as short |
| BloFin ZEC-USDTlong | −0.0068% | 8h | 1,481.8 | long leg | $29.9M | $78.1M | 75x | |
| Bybit ZECUSDT | −0.0064% | 8h | 1,479.5 | −0.158% | $277.6M | $691.6M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0052% | 1h | 1,479.9 | −0.127% | $18.1M | $44.9M | 25x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0006% | 8h | 1,481.5 | −0.025% | $288K | $1.5M | 20x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,479.9 | −0.131% | $417K | $107K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,481.2 | −0.045% | $990K | $5.4M | 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 | 1,479.6 | −0.149% | $84K | $416K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,480.3 | −0.103% | $5.2M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0015% | 8h | 1,479.9 | −0.133% | $178.2M | $1.41B | 50x | as long as short |
| Aster ZECUSDT | +0.0041% | 8h | 1,480.1 | −0.115% | $15.3M | $34.7M | 75x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,479.2 | −0.175% | $4.7M | $1.5M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0059% / S +0.0051% | 1h | 1,480.1 | −0.116% | $580K | — | 100x | as long as short |
| MEXC ZEC_USDT | +0.0068% | 8h | 1,479.8 | −0.137% | $233.5M | $928.6M | 150x | as long as short |
| Binance ZECUSDT | +0.0069% | 8h | 1,479.9 | −0.131% | $678.5M | $2.57B | 75x | as long as short |
| Gate ZEC_USDT | +0.0069% | 8h | 1,480.4 | −0.097% | $51.2M | $184.9M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,482.4 | +0.038% | $9K | $7K | 5x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0083% | 1h | 1,476.3 | −0.373% | $400K | $538K | 5x | as long as short |
| Katana Perps ZEC-USD | +0.0093% | 8h | 1,482.4 | +0.038% | $12K | $886K | 10x | as long as short |
| Polymarket Perps ZEC-USD | +0.0095% | 1h | 1,480.1 | −0.117% | $308K | $2.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,481.3 | −0.033% | $174K | $2.0M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0096% | 1h | 1,481.2 | −0.045% | $37K | $362K | 20x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,479.9 | −0.129% | $61K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,481.2 | −0.042% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,481.3 | −0.036% | $772.7M | $509.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,480.2 | −0.109% | $1.7M | $3.2M | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,479.5 | −0.157% | $104.4M | $58.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,480.2 | −0.111% | $172.7M | $317.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,479.7 | −0.142% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,481.3 | −0.038% | $2.4M | $3.9M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | −0.360% | $495K | $10.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,478.1 | −0.255% | $3.0M | $514K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,478.8 | −0.207% | $111K | $4.8M | 30x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,480 | −0.126% | $130K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,479.7 | −0.145% | $450K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,485.1 | +0.221% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,479.9 | −0.134% | $225K | $4.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,480.3 | −0.104% | $2.4M | $26.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,481 | −0.057% | $3.8M | $5.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,481.7 | −0.009% | $914K | $30K | 10x | as long as short |
| RISEx ZEC/USDC | +0.0138% | 1h | 1,481.6 | −0.015% | $873K | $2.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0184% | 1h | 1,480.9 | −0.063% | $1.6M | $7.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0302% | 1h | 1,482.2 | +0.025% | $591K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.0304% | 1h | 1,481.2 | −0.043% | $19.6M | $54.1M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,482.4 | +0.041% | $3.8M | $11.9M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0495% | 1h | 1,477.5 | −0.292% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0538% | 1h | 1,482.6 | +0.050% | $711K | $7.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0624% | 1h | 1,479.9 | −0.127% | $3.9M | $5.2M | 10x | as long as short |
BloFin ZEC-USDT
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Variational Omni ZEC
Bybit ZECUSDT
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
Aster ZECUSDT
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
MEXC ZEC_USDT
Binance ZECUSDT
Gate ZEC_USDT
01 Exchange ZECUSD
Katana Perps ZEC-USD
Polymarket Perps ZEC-USD
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
RISEx ZEC/USDC
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Extended ZEC-USD