Funding you earn now, next payment 23:00 UTC+0.0165%/8h= +18.0% APRpaid last 24h +0.009%
Price spread now: Aster against Bulk+0.039%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.039%, 7d avg +0.001%
=Together, before fees−0.056%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.038% dearer against Bulk than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,462.1 | −0.0065 | get 0.0008% / 1h | 30m 24s | $902K | $27K | 10x |
| Short | Aster ZECUSDT | 1,462.7 | 0.0100 | get 0.0100% / 8h | 1h 30m | $15.6M | $33.1M | 75x |
Bulk ZEC-USD
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bulk. 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
- $34.58
- Price spread: +0.039% → +0.001%
- $3.77
- Slippage, 4 orders
- −$3.74
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $19.61
- Costs to cover
- 0.187%
- Break-even
- 3.0 days
Slippage from Bulk: live order book, 54 min ago; Aster: live order book, 4 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 Bulk live order book, 54 min ago | 0.31 bp | 3.8 bp −$4 | 3.8 bp −$38 | 6.0 bp −$603 | 12.1 bp −$6,061 |
| Sell Aster live order book, 4 min ago | 0.41 bp | 5.3 bp −$5 | 7.1 bp −$71 | 19.7 bp −$1,969 | 160.7 bp −$80.3K |
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 | −0.3310% | 1h | 1,463.8 | +0.119% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,461.9 | −0.015% | $17.8M | $45.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0219% | 1h | 1,460.2 | −0.130% | $397K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,461.9 | −0.011% | $29.2M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.9 | +0.057% | $6K | $2K | 10x | as long as short |
| Bulk ZEC-USDlong | −0.0065% | 1h | 1,462.1 | long leg | $902K | $27K | 10x | |
| Bybit ZECUSDT | −0.0054% | 8h | 1,462.1 | −0.001% | $271.1M | $673.6M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,463 | +0.058% | $46.5M | $33.7M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,463.3 | +0.083% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.3 | +0.015% | $412K | $104K | 5x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.3 | +0.147% | $884K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,462.8 | +0.049% | $83K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.6 | +0.037% | $595K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.4 | +0.091% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,462.6 | +0.035% | $292K | $1.4M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0029% | 1h | 1,462.7 | +0.041% | $429K | $821K | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,463.1 | +0.071% | $49.8M | $185.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0049% | 8h | 1,462.7 | +0.040% | $176.2M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,463.6 | +0.103% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464 | +0.127% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.7 | +0.040% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,463.1 | +0.066% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.5 | +0.026% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.4 | +0.024% | $2.5M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,463.7 | +0.109% | $758.8M | $485.1M | 10x | as long as short |
| Aster ZECUSDTshort | +0.0100% | 8h | 1,462.7 | +0.039% | $15.6M | $33.1M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,463 | +0.065% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.2 | +0.075% | $674.3M | $2.49B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,462.9 | +0.057% | $221.5M | $863.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,463 | +0.064% | $103.6M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,462.7 | +0.043% | $161.8M | $306.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.2 | +0.004% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.1 | +0.001% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.6 | +0.103% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.1 | +0.139% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462.6 | +0.034% | $343K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.8 | +0.047% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.2 | −0.063% | $446K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.1 | +0.135% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.9 | −0.014% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461.2 | −0.064% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.1 | +0.065% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.2 | +0.076% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.9 | +0.051% | $36K | $367K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,463.9 | +0.124% | $18.9M | $52.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0186% | 1h | 1,462.9 | +0.056% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.4 | +0.088% | $841K | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,465 | +0.195% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.1 | +0.207% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,464.2 | +0.141% | $734K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0557% | 1h | 1,464.1 | +0.137% | $40K | $34K | 10x | as long as short |
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD