ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.024%

Price spread now: dYdX against Bullet+0.025%76s7-day average −0.017% · 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—prices read too far apart to compare

costs, in and out, $10k−$960.956% of the position

Long on Bullet Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.216%−$22 · spread now +0.025%, 7d avg −0.017%

Together, before fees−0.218%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.041% dearer against Bullet than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.017%): +$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 33 hours. At the pace of the last 3 days (−0.002% in total) that is about 3 months. The two prices were read 76 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	Bullet ZEC-USD	1,477.3	0.0100	pay 0.0013% / 1h	29m 11s	$162K	$184K	20x
Short	dYdX ZEC-USD	1,477.7	0	get 0.0000% / 1h	29m 11s	$411K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Bullet. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BulletbpFee dYdXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$21
Price spread: +0.025% → −0.017%: $4.14
Slippage, 4 orders: −$77.62
Fee Bullet: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$112.48
Costs to cover: 0.956%
Break-even: never at this rate

Slippage from Bullet: live order book, 15 min ago; dYdX: live order book, 15 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 Bullet live order book, 15 min ago	0.41 bp	5.9 bp −$6	11.8 bp −$118	doesn't fit	doesn't fit
Sell dYdX live order book, 15 min ago	36.73 bp	42.3 bp −$42	61.2 bp −$612	124.5 bp −$12.4K	137.9 bp −$69.0K

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	−0.3684%	1h	1,462	−1.035%	$36K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0166%	1h	1,477.1	−0.015%	$892K	$9K	10x	as long as short
BloFin ZEC-USDT	−0.0123%	8h	1,477	−0.019%	$30.5M	$73.8M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,477.3	−0.003%	$17.9M	$47.2M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,478.4	+0.071%	$6K	$1K	10x	as long as short
dYdX ZEC-USDshort	0.0000%	1h	1,477.7	+0.025%	$411K	$35K	5x
Kalshi KXZECPERP	0.0000%	8h	1,478.3	+0.068%	$1.5M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.8	−0.101%	$63K	$303K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,478	+0.048%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0077%	8h	1,477	−0.023%	$297K	$1.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,477.6	+0.017%	$164K	$1.8M	50x	as long as short
Aftermath Perps ZECUSD	+0.0097%	1h	1,477.6	+0.020%	$47K	$64K	10x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,477.1	−0.012%	$10K	$869K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477.8	+0.030%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,476.7	−0.039%	$13.8M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,478.1	+0.049%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,477.1	−0.014%	$687.6M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,476.7	−0.043%	$263.4M	$632.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,476.8	−0.032%	$178.9M	$1.31B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,475.2	−0.144%	$403K	$508K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,477	−0.024%	$54.2M	$182.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,477.1	−0.016%	$241.1M	$784.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,477.3	+0.001%	$101.0M	$57.6M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,477	−0.022%	$158.9M	$288.7M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,477.4	+0.007%	—	$115.2M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,477.7	+0.022%	$2.3M	$3.9M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,477.6	+0.020%	$48.1M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,477.2	−0.011%	$565K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,478.3	+0.070%	$3.0M	$498K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.9	−0.030%	$406K	$935K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,479.1	+0.120%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,477.4	+0.005%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USDlong	+0.0100%	1h	1,477.3	long leg	$162K	$184K	20x
Derive ZEC-PERP	+0.0100%	1h	1,473.4	−0.266%	$450K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,479.7	+0.158%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,477.1	−0.017%	$251K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,476.3	−0.069%	$2.6M	$19.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,477.8	+0.030%	$3.9M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.7	+0.026%	$61K	$43K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,477	−0.022%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,477	−0.024%	$42K	$152K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0127%	1h	1,477.7	+0.028%	$675K	$1.4M	25x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,478.5	+0.077%	$925K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,478.9	+0.105%	$4.7M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0143% / S −0.0148%	1h	1,478.1	+0.053%	$479K	—	100x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,477.8	+0.033%	$8K	$7K	5x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,479.4	+0.141%	$633K	$8.6M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,478.8	+0.101%	$2.1M	$7.4M	10x	as long as short
Hyperliquid ZEC	+0.0251%	1h	1,478.3	+0.066%	$767.2M	$442.3M	10x	as long as short
Lighter ZEC	+0.0312%	1h	1,478.8	+0.100%	$19.4M	$45.8M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,479.6	+0.155%	$3.6M	$9.9M	50x	as long as short