Funding you earn now, next payment 11:00 UTC−0.0387%/8h= −42.4% APRpaid last 24h −0.063%
Price spread now: BloFin against GMX+0.070%51s7-day average −0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.070%, 7d avg −0.022%
=The price spread pays, funding is against you. BloFin is 0.092% dearer against GMX than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.022%): +$9 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 4 days (−0.147% in total) that is about 2.2 days. The two prices were read 51 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 | GMX ZEC/USD [WBTC.b-USDC] | 1,497.1 | L +0.0187% / S −0.0199% | pay 0.0023% / 1h | 48m 04s | $348K | — | 100x |
| Short | BloFin ZEC-USDT | 1,498.2 | −0.0200 | pay 0.0200% / 8h | 5h 48m | $32.0M | $72.6M | 75x |
GMX ZEC/USD [WBTC.b-USDC]
BloFin ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GMX. 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
- −$81.24
- Price spread: +0.070% → −0.022%
- $9.22
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.02
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 4 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 4 min ago | 0.03 bp | 8.0 bp −$8 | 10.7 bp −$107 | 16.3 bp −$1,631 | doesn't fit |
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 50 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 | −0.4130% | 1h | 1,490.6 | −0.439% | $36K | $267K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0282% | 1h | 1,498.8 | +0.110% | $410K | $949K | 50x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0219% | 1h | 1,496.7 | −0.030% | $408K | $497K | 5x | as long as short |
| BloFin ZEC-USDTshort | −0.0200% | 8h | 1,498.2 | +0.070% | $32.0M | $72.6M | 75x | |
| Aftermath Perps ZECUSD | −0.0093% | 1h | 1,500.6 | +0.230% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.6 | +0.431% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,497.1 | −0.005% | $412K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,496.4 | −0.049% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,495.8 | −0.091% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,496.5 | −0.044% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Ondo Perps ZEC-USD.P
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,496.1 | −0.069% | $8K | $6K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0032% | 1h | 1,495.9 | −0.083% | $919K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0049% | 1h | 1,497.1 | 0.000% | $682K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0060% | 1h | 1,503.9 | +0.450% | $4.8M | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0069% | 8h | 1,496 | −0.074% | $302K | $826K | 20x | as long as short |
| Aster ZECUSDT | +0.0089% | 8h | 1,496.6 | −0.034% | $14.1M | $27.4M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,497.9 | +0.047% | $19.9M | $39.2M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,498.1 | +0.066% | $2.0M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,496 | −0.075% | $169K | $1.4M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,495.2 | −0.129% | $25K | $878K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,497 | −0.012% | $18.4M | $46.0M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,496.2 | −0.062% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,496.6 | −0.038% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,497.9 | +0.050% | $787.1M | $430.8M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,497 | −0.010% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,497 | −0.010% | $703.7M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,497 | −0.010% | $274.5M | $588.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,497 | −0.010% | $185.1M | $1.30B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,497.2 | +0.005% | $596K | $8.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,496.9 | −0.014% | $62.6M | $172.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,497.1 | 0.000% | $181.5M | $826.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,496.7 | −0.031% | $104.8M | $52.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,497.4 | +0.015% | $163.5M | $278.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,496.5 | −0.045% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,497.6 | +0.030% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,499.2 | +0.137% | $49.3M | $34.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,499.3 | +0.144% | $548K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503 | +0.392% | $3.1M | $601K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,498.4 | +0.085% | $111K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,496.3 | −0.057% | $367K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,496.4 | −0.052% | $166K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,498.6 | +0.099% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,496.5 | −0.046% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,496.3 | −0.055% | $2.6M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,497.7 | +0.038% | $4.0M | $4.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,505.5 | +0.559% | $781K | $158K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,496.4 | −0.048% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,496 | −0.077% | $37K | $163K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0187% / S −0.0199% | 1h | 1,497.1 | long leg | $348K | — | 100x | |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,499.8 | +0.174% | $3.9M | $9.4M | 50x | as long as short |
01 Exchange ZECUSD
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Orderly PERP_ZEC_USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Coinbase International ZEC-PERP-INTX