Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.3% APRnext payment +$1.31 per $10,000 · paid last 24h +0.037%
Price spread now: Orderly against BloFin−0.023%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.023%, 7d avg +0.009%
=Funding pays, the price is against you. Orderly is 0.032% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.009%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.064% in total) that is about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ZEC-USDT | 1,467.3 | −0.0069 | get 0.0069% / 8h | 2h 48m | $29.8M | $70.9M | 75x |
| Short | Orderly PERP_ZEC_USDC | 1,467 | 0.0062 | get 0.0062% / 8h | 2h 48m | $293K | $900K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $27.47
- Price spread: −0.023% → +0.009%
- −$3.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.26
- Costs to cover
- 0.180%
- Break-even
- 5.4 days
Slippage unknown: BloFin: live order book, 5 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 BloFin live order book, 5 min ago | 0.03 bp | 6.1 bp −$6 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| 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 | −0.3243% | 1h | 1,469.3 | +0.135% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.6 | +0.020% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDTlong | −0.0069% | 8h | 1,467.3 | long leg | $29.8M | $70.9M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.7 | +0.028% | $408K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.6 | +0.153% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.1 | +0.050% | $84K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,467.8 | +0.029% | $618K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.6 | +0.017% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,468.1 | +0.053% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0062% | 8h | 1,467 | −0.023% | $293K | $900K | 20x |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,465.6 | −0.119% | $4.7M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0093% / S −0.0046% | 1h | 1,467.2 | −0.008% | $437K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,468.7 | +0.091% | $2.1M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468 | +0.043% | $174K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468.6 | +0.089% | $12K | $797K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.4 | +0.071% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.9 | +0.041% | $2.9M | $6.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.2 | +0.060% | $764.4M | $418.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.9 | −0.028% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,467.9 | +0.039% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.8 | −0.037% | $676.7M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466.2 | −0.078% | $262.6M | $586.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,466.4 | −0.060% | $178.5M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,466.2 | −0.076% | $398K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,464.4 | −0.198% | $885K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,466.9 | −0.026% | $52.7M | $169.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.8 | −0.037% | $219.1M | $757.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.5 | +0.015% | $103.3M | $52.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467 | −0.022% | $166.7M | $267.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.7 | +0.025% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,469.8 | +0.169% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,465.8 | −0.103% | $572K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.6 | +0.084% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.8 | +0.166% | $406K | $923K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,468.1 | +0.052% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.6 | +0.019% | $359K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.1 | −0.012% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.2 | −0.080% | $448K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,470 | +0.181% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467 | −0.020% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.4 | −0.066% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.5 | +0.010% | $3.9M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.9 | −0.026% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467 | −0.021% | $47K | $151K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0147% | 1h | 1,467.1 | −0.015% | $18.0M | $45.6M | 25x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,468 | +0.044% | $19.4M | $43.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,468.2 | +0.058% | $928K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0301% | 1h | 1,467.6 | +0.016% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,470.6 | +0.226% | $3.8M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,469.4 | +0.143% | $669K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0679% | 1h | 1,467.7 | +0.025% | $45K | $49K | 10x | as long as short |
BloFin ZEC-USDT
Injective ZEC/USDC PERP
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Extended ZEC-USD
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD