Funding you earn now, next payment 00:00 UTC−0.0142%/8h= −15.5% APRnext payment −$1.42 per $10,000 · paid last 24h −0.063%
Price spread now: BloFin against Gate−0.053%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)+0.562%+$56 · spread now −0.053%, 7d avg +0.016%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.070% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,461.9 | 0.0055 | pay 0.0055% / 8h | 2h 03m | $50.0M | $191.7M | 75x |
| Short | BloFin ZEC-USDT | 1,461.1 | −0.0087 | pay 0.0087% / 8h | 2h 03m | $28.9M | $75.6M | 75x |
Gate ZEC_USDT
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- −$29.76
- Price spread: −0.053% → +0.016%
- −$6.96
- Slippage, 4 orders
- −$5.98
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$69.7
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; BloFin: live order book, 6 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 Gate live order book, 1 min ago | 0.03 bp | 12.1 bp −$12 | 18.3 bp −$183 | 30.8 bp −$3,079 | 54.5 bp −$27.2K |
| Sell BloFin live order book, 6 min ago | 0.07 bp | 6.1 bp −$6 | 6.2 bp −$62 | doesn't fit | doesn't fit |
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 | −0.3476% | 1h | 1,446.2 | −1.078% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDTshort | −0.0087% | 8h | 1,461.1 | −0.053% | $28.9M | $75.6M | 75x | |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.8 | −0.009% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,462.2 | +0.018% | $17.8M | $44.9M | 25x | as long as short |
| Bybit ZECUSDT | −0.0036% | 8h | 1,460.4 | −0.104% | $269.5M | $679.0M | 75x | as long as short |
| Variational Omni ZEC | −0.0014% | 8h | 1,458.9 | −0.206% | $45.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.1 | +0.010% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.3 | +0.024% | $935K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,461.4 | −0.037% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.5 | +0.038% | $595K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0005% | 1h | 1,460.7 | −0.083% | $396K | $516K | 5x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,462.2 | +0.021% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0013% / S +0.0076% | 1h | 1,461.9 | +0.003% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,461.5 | −0.031% | $293K | $1.5M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,462.4 | +0.034% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDTlong | +0.0055% | 8h | 1,461.9 | long leg | $50.0M | $191.7M | 75x | |
| OKX ZEC-USDT-SWAP | +0.0056% | 8h | 1,460.9 | −0.068% | $175.0M | $1.37B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,462 | +0.005% | $13K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,463.5 | +0.112% | $18.9M | $54.8M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,461.6 | −0.018% | $174K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,461.7 | −0.011% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.6 | +0.045% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.6 | +0.047% | $758.3M | $495.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462 | +0.005% | $15.4M | $33.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.4 | +0.030% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,461.8 | −0.010% | $668.6M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,462.1 | +0.011% | $223.2M | $901.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,461.9 | +0.002% | $103.3M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461 | −0.061% | $161.6M | $312.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,461.8 | −0.005% | — | $101.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,462.7 | +0.051% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.8 | −0.079% | $508K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.7 | −0.013% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461.1 | −0.056% | $429K | $816K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.4 | +0.035% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461.6 | −0.021% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,461.5 | −0.028% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,460.3 | −0.112% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.7 | +0.120% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.9 | +0.001% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461.9 | +0.001% | $2.4M | $24.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,462.1 | +0.016% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.356% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,462 | +0.008% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,461.5 | −0.026% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.5 | −0.027% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,462.4 | +0.031% | $844K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,464 | +0.145% | $3.7M | $11.7M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0495% | 1h | 1,461.2 | −0.051% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,462.4 | +0.035% | $742K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0560% | 1h | 1,463.9 | +0.138% | $2.0M | $8.5M | 10x | as long as short |
Ondo Perps ZEC-USD.P
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC