Funding you earn now, next payment 02:00 UTC+0.0084%/8h= +9.2% APRpaid last 24h −0.003%
Price spread now: Deribit against Gate+0.133%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 3 days (all we have)+0.110%+$11 · spread now +0.133%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Deribit is 0.060% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ZEC_USDT | 1,468.5 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $50.2M | $177.1M | 75x |
| Short | Deribit ZEC_USDC-PERPETUAL | 1,470.5 | 0.0184 | get 0.0023% / 1h | 3m 07s | $612K | $1.3M | 25x |
Gate ZEC_USDT
Deribit ZEC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $17.62
- Price spread: +0.133% → +0.073%
- $5.99
- Slippage, 4 orders
- −$18.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$16.43
- Costs to cover
- 0.400%
- Break-even
- 13.5 days
Slippage from Gate: live order book, 6 min ago; Deribit: 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, 6 min ago | 0.27 bp | 11.0 bp −$11 | 18.7 bp −$187 | 30.8 bp −$3,084 | 58.9 bp −$29.5K |
| Sell Deribit live order book, 6 min ago | 5.18 bp | 9.9 bp −$10 | 16.0 bp −$160 | doesn't fit | doesn't fit |
ZEC on 50 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 | −0.3678% | 1h | 1,452 | −1.125% | $33K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,470.6 | +0.137% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0037% | 1h | 1,464.8 | −0.255% | $398K | $501K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,469.3 | +0.048% | $18.1M | $43.5M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.7 | +0.079% | $414K | $50K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.3 | +0.116% | $972K | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.4 | +0.058% | $84K | $249K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.7 | +0.081% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0031% | 8h | 1,469.6 | +0.069% | $293K | $987K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,469.8 | +0.084% | $384K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,470.3 | +0.116% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,466.6 | −0.131% | $4.6M | $1.5M | 10x | as long as short |
| Variational Omni ZEC | +0.0072% | 8h | 1,466.6 | −0.130% | $47.9M | $32.6M | — | as long as short |
| OKX ZEC-USDT-SWAP | +0.0093% | 8h | 1,467.9 | −0.045% | $181.0M | $1.24B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,470 | +0.097% | $174K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.3 | +0.048% | $17K | $844K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,470.3 | +0.117% | $61K | $41K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470.2 | +0.115% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.5 | +0.065% | $765.4M | $434.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.086% | $14.8M | $29.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,470.7 | +0.146% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,468.2 | −0.026% | $678.5M | $2.27B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,467.8 | −0.049% | $271.4M | $606.9M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,466.6 | −0.133% | $890K | $18K | 10x | as long as short |
| Gate ZEC_USDTlong | +0.0100% | 8h | 1,468.5 | long leg | $50.2M | $177.1M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.6 | +0.005% | $216.4M | $803.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.7 | +0.078% | $103.3M | $55.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,468.1 | −0.033% | $163.0M | $276.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,467.7 | −0.060% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,466 | −0.173% | $570K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.2 | −0.023% | $3.0M | $430K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,466.3 | −0.153% | $426K | $884K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.1 | +0.104% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.086% | $344K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.7 | +0.078% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.3 | −0.017% | $448K | $512K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.2 | +0.248% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.6 | +0.072% | $242K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469.6 | +0.074% | $2.5M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,469.1 | +0.040% | $3.9M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,469.7 | +0.078% | $2.8M | $7.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.8 | +0.083% | $48K | $155K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUALshort | +0.0184% | 1h | 1,470.5 | +0.133% | $612K | $1.3M | 25x | |
| Lighter ZEC | +0.0224% | 1h | 1,470.8 | +0.151% | $19.2M | $48.3M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,471.7 | +0.216% | $692K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,470.6 | +0.139% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,470.7 | +0.149% | $853K | $1.0M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0418% | 1h | 1,469.3 | +0.048% | $2.4M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,472.4 | +0.265% | $3.6M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0731% | 1h | 1,470 | +0.102% | $43K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Variational Omni ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD