Funding spread now, next payment 16:00 UTC−0.0188%/8h
paid, last 24h−0.015%paid, last 3 days−0.046%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.046% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX ZEC/USD [WBTC.b-USDC] | 1,509.9 | L +0.0188% / S −0.0189% | pay 0.0024% / 1h | 33m 52s | $366K | — | 100x |
| Short | Kalshi KXZECPERP | 1,509.4 | 0 | get 0.0000% / 8h | 4h 33m | $975K | $6.0M | 2.2x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$39.57
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$61.57
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Kalshi: live order book, 1 min ago. Net counts fees only.
Price risk
price view- Price gap now
- −0.031%
- Avg gap 7d
- −0.018%
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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 Kalshi live order book, 1 min ago | 7.99 bp | 13.0 bp −$13 | 16.9 bp −$169 | doesn't fit | 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 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −0.5000% | 1h | $34K | $72K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0325% | 1h | $1.0M | $344K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| 01 Exchange ZECUSD | −0.0048% | 1h | $9K | $14K | 5x | as long as short |
| Aster ZECUSDT | −0.0029% | 8h | $14.9M | $36.9M | 75x | as long as short |
| Bitget ZECUSDT | −0.0016% | 8h | $168.1M | $323.0M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | −0.0016% | 8h | $272K | $1.7M | 20x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | $424K | $116K | 5x | as long as short |
| Kalshi KXZECPERPshort | 0.0000% | 8h | $975K | $6.0M | 2.2x | |
| Perpl ZEC | 0.0000% | 43m | $78K | $492K | 10x | as long as short |
GMX ZEC/USD [WBTC.b-USDC]
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
Aster ZECUSDT
Bitget ZECUSDT
Deribit ZEC_USDC-PERPETUAL
OKX ZEC-USDT-SWAP
Phoenix ZEC
MEXC ZEC_USDT
Binance ZECUSDT
gTrade (Gains Network) ZEC/USD
Bullet ZEC-USD
BloFin ZEC-USDT
Bybit ZECUSDT
Gate ZEC_USDT
BingX ZEC-USDT
Variational Omni ZEC
RISEx ZEC/USDC
Katana Perps ZEC-USD
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
KuCoin ZECUSDTM
Backpack ZEC_USDC_PERP
StandX ZEC-USD
Polymarket Perps ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Kraken Futures PF_ZECUSD
Coinbase International ZEC-PERP-INTX