ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0148%/8h= −16.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.031%

Price spread now: dYdX against GMX−0.076%7-day average −0.033% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.076%, 7d avg −0.033%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and dYdX is 0.043% cheaper against GMX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.033%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.058%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX ZEC/USD [WBTC.b-USDC]	1,486.5	L +0.0148% / S −0.0159%	pay 0.0019% / 1h	22m 48s	$481K	—	100x
Short	dYdX ZEC-USD	1,485.4	0	get 0.0000% / 1h	22m 48s	$413K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee dYdXbpOrdersPrice spread, now −0.076%Rate

Funding earned: −$31.08
Price spread: −0.076% → −0.033%: −$4.34
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$57.42
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; dYdX: live order book, 21 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 dYdX live order book, 21 min ago	36.73 bp	42.3 bp −$42	61.2 bp −$612	124.5 bp −$12.4K	137.9 bp −$69.0K

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	−0.3684%	1h	1,461.9	−1.656%	$36K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0166%	1h	1,477.1	−0.634%	$892K	$9K	10x	as long as short
BloFin ZEC-USDT	−0.0144%	8h	1,486.7	+0.015%	$30.5M	$74.4M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,487.1	+0.037%	$18.0M	$46.7M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,485.3	−0.084%	$6K	$1K	10x	as long as short
dYdX ZEC-USDshort	0.0000%	1h	1,485.4	−0.076%	$413K	$35K	5x
Kalshi KXZECPERP	0.0000%	8h	1,486.5	−0.002%	$1.6M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,484.6	−0.127%	$62K	$304K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,486.4	−0.012%	$5.3M	—	150x	as long as short
Aftermath Perps ZECUSD	+0.0072%	1h	1,480.7	−0.395%	$47K	$64K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0077%	8h	1,486.7	+0.013%	$299K	$1.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,486	−0.037%	$168K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,485.6	−0.061%	$11K	$876K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,485.5	−0.070%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,486.8	+0.016%	$13.9M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,485.9	−0.043%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,487.3	+0.053%	$692.8M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,486.6	+0.008%	$265.9M	$633.6M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,486.8	+0.018%	$179.9M	$1.32B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,482.2	−0.291%	$403K	$511K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,487.4	+0.061%	$54.5M	$184.0M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,487.3	+0.052%	$246.2M	$787.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,486.6	+0.008%	$101.8M	$57.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,487.2	+0.045%	$160.2M	$289.2M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,486.4	−0.006%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,480.4	−0.411%	$48.2M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,476.5	−0.677%	$565K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,477	−0.643%	$3.0M	$511K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.4	−0.684%	$406K	$936K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,484.5	−0.135%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,486	−0.035%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,486.4	−0.008%	$163K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.4	−0.883%	$450K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,489.2	+0.179%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,486.8	+0.017%	$253K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,486.1	−0.032%	$2.6M	$20.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,487.2	+0.042%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,485.6	−0.059%	$61K	$43K	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0104%	1h	1,487.6	+0.074%	$2.3M	$3.9M	15x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,487.5	+0.064%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,486.6	+0.007%	$43K	$152K	20x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,485.2	−0.086%	$929K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,481.2	−0.359%	$4.7M	$1.4M	10x	as long as short
01 Exchange ZECUSD	+0.0136%	1h	1,485.4	−0.075%	$8K	$7K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]long	L +0.0148% / S −0.0159%	1h	1,486.5	long leg	$481K	—	100x
Deribit ZEC_USDC-PERPETUAL	+0.0181%	1h	1,487.3	+0.053%	$679K	$1.4M	25x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,486.7	+0.012%	$636K	$8.7M	10x	as long as short
Hyperliquid ZEC	+0.0241%	1h	1,488.3	+0.120%	$772.9M	$441.8M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,488.3	+0.118%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0312%	1h	1,488.4	+0.125%	$19.6M	$46.0M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,487	+0.032%	$3.6M	$10.0M	50x	as long as short