Funding you earn now, next payment 05:00 UTC−0.0304%/8h= −33.3% APRnext payment −$0.38 per $10,000 · paid last 24h −0.008%
Price spread now: GMX against Deribit−0.058%7-day average −0.039% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.155%−$16 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.058%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,461.3 | 0.0340 | pay 0.0042% / 1h | 20m 54s | $615K | $1.3M | 25x |
| Short | GMX ZEC/USD [WBTC.b-USDC] | 1,460.4 | L +0.0085% / S −0.0036% | get 0.0004% / 1h | 20m 54s | $434K | — | 100x |
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$63.8
- Price spread: −0.058% → −0.039%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$84.68
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 3 min ago; GMX: 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 Deribit live order book, 3 min ago | 4.35 bp | 8.5 bp −$9 | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.3042% | 1h | 1,441.9 | −1.329% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461 | −0.017% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0071% | 8h | 1,460 | −0.090% | $29.5M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,459.6 | −0.115% | $411K | $35K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,460 | −0.087% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,460.4 | −0.062% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,460.2 | −0.072% | $292K | $932K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]short | L +0.0085% / S −0.0036% | 1h | 1,460.4 | −0.058% | $434K | — | 100x | |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.7 | −0.042% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,461 | −0.018% | $14K | $817K | 10x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.8 | −0.033% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,460.5 | −0.052% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,460.9 | −0.025% | $14.6M | $27.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,461 | −0.018% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,461.4 | +0.006% | $672.3M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,461.6 | +0.021% | $261.7M | $591.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,461.4 | +0.004% | $179.2M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,456.9 | −0.300% | $396K | $434K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.232% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.3 | −0.066% | $51.5M | $172.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461.4 | +0.008% | $219.8M | $771.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,462 | +0.051% | $103.1M | $53.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461.8 | +0.036% | $166.1M | $268.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,460.2 | −0.073% | — | $106.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,459.8 | −0.103% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.5 | −0.260% | $567K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,456.6 | −0.324% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457.2 | −0.282% | $402K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458 | −0.228% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,460.5 | −0.054% | $355K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.4 | −0.060% | $161K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.5 | −0.126% | $446K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,462.8 | +0.104% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.4 | −0.061% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,459.6 | −0.115% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,460.2 | −0.074% | $3.8M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,461.3 | +0.004% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,460 | −0.091% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,457.6 | −0.256% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,461.9 | +0.040% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,461.1 | −0.010% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0144% | 1h | 1,461.8 | +0.038% | $761.5M | $424.4M | 10x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,462 | +0.047% | $19.4M | $45.2M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0192% | 8h | 1,460.4 | −0.059% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,460.8 | −0.032% | $924K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0218% | 1h | 1,461.2 | −0.005% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0332% | 1h | 1,460.3 | −0.069% | $18.1M | $45.2M | 25x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0340% | 1h | 1,461.3 | long leg | $615K | $1.3M | 25x | |
| Arcus ZEC-USD | +0.0344% | 1h | 1,461.9 | +0.042% | $698K | $8.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,463 | +0.117% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0677% | 1h | 1,457.9 | −0.231% | $45K | $49K | 10x | as long as short |
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Phoenix ZEC
Lighter RH ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD