Funding you earn now, next payment 12:00 UTC−0.0228%/8h= −24.9% APRpaid last 24h −0.018%
Price spread now: Aster against Deribit−0.057%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 6 days (all we have)−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.490%−$49 · spread now −0.057%, 7d avg −0.083%
=Together, before fees−0.647%+ Points / potential airdropAster: Stage 5 · farm board−$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.026% dearer against Deribit than usual: you sell high and buy low (spread −0.057% now, against its 7-day average of −0.083%): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 6 days (−0.157% in total) that is about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,497.1 | 0.0312 | pay 0.0039% / 1h | 49m 59s | $691K | $1.3M | 25x |
| Short | Aster ZECUSDT | 1,496.3 | 0.0084 | get 0.0084% / 8h | 4h 49m | $14.3M | $25.5M | 75x |
Deribit ZEC_USDC-PERPETUAL
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$47.78
- Price spread: −0.057% → −0.083%
- $2.58
- Slippage, 4 orders
- −$14.83
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$75.03
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 2 min ago; Aster: live order book, 2 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 Deribit live order book, 2 min ago | 5.14 bp | 10.5 bp −$11 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.20 bp | 5.2 bp −$5 | 7.9 bp −$79 | 23.1 bp −$2,311 | 103.8 bp −$51.9K |
ZEC on 51 exchanges
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 | −0.3418% | 1h | 1,485.9 | −0.752% | $36K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,492.8 | −0.292% | $63K | $296K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0271% | 1h | 1,499.9 | +0.186% | $47K | $76K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0240% | 1h | 1,495.5 | −0.108% | $407K | $479K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0177% | 8h | 1,496.3 | −0.053% | $31.8M | $71.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,499.7 | +0.173% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,494.9 | −0.151% | $412K | $29K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,494.6 | −0.172% | $8K | $6K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,498.2 | +0.072% | $1.5M | $4.9M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,497.8 | +0.042% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
01 Exchange ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USDShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0057% | 8h | 1,496.3 | −0.053% | $302K | $652K | 20x | as long as short |
| Phoenix ZEC | +0.0064% | 1h | 1,501.3 | +0.280% | $4.8M | $1.3M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,494.1 | −0.203% | $903K | $1.3M | 10x | as long as short |
| Aster ZECUSDTshort | +0.0084% | 8h | 1,496.3 | −0.057% | $14.3M | $25.5M | 75x | |
| Lighter ZEC | +0.0096% | 1h | 1,496 | −0.076% | $20.1M | $37.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,496.4 | −0.046% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,494.8 | −0.157% | $168K | $1.3M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0099% | 8h | 1,494.1 | −0.204% | $26K | $857K | 10x | as long as short |
| Gate ZEC_USDT | +0.0099% | 8h | 1,495.9 | −0.084% | $64.6M | $163.3M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,493.6 | −0.234% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.9 | −0.214% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,496.8 | −0.022% | $790.1M | $418.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,494.6 | −0.171% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,496 | −0.075% | $700.0M | $2.12B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,495.9 | −0.084% | $273.9M | $576.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,495.6 | −0.104% | $185.3M | $1.25B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,495.1 | −0.134% | $608K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,501.7 | +0.305% | $777K | $182K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,495 | −0.139% | $180.1M | $798.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,494.8 | −0.157% | $105.1M | $50.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,496.1 | −0.069% | $163.5M | $269.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,495 | −0.141% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,496.5 | −0.044% | $2.2M | $3.6M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,496.2 | −0.064% | $49.4M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,500.7 | +0.240% | $548K | $8.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,501.4 | +0.286% | $3.1M | $632K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,501.5 | +0.293% | $409K | $958K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,495.5 | −0.109% | $111K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,494.2 | −0.195% | $366K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,495.2 | −0.132% | $168K | $188K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,495.5 | −0.110% | $390K | $494K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,497.2 | +0.006% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,496.1 | −0.066% | $256K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,495 | −0.142% | $2.7M | $20.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,496 | −0.078% | $4.0M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,496 | −0.077% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,496.2 | −0.065% | $37K | $163K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0178% | 1h | 1,495.9 | −0.079% | $18.5M | $45.2M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0225% | 1h | 1,495 | −0.139% | $347K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0312% | 1h | 1,497.1 | long leg | $691K | $1.3M | 25x | |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,497.1 | −0.001% | $4.0M | $9.3M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Phoenix ZEC
RISEx ZEC/USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Gate ZEC_USDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Aevo ZEC-PERP
Kraken Futures PF_ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX