ZEC

Alert

Funding spread now, next payment 18:00 UTC−0.3892%/8h

next payment, per $10,000−$4.86paid, last 24h−0.253%paid, last 4 days−0.458%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 4 days it paid -0.458% in total (about -45.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.86 per $10,000. 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	Hyperliquid ZEC	1,480.1	0.0100	pay 0.0013% / 1h	36m 53s	$786.8M	$655.3M	10x
Short	Injective ZEC/USDC PERP	1,477.3	−0.3792	pay 0.0474% / 1h	36m 53s	$34K	$13K	12x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee InjectivebpOrdersRate

Funding earned: −$817.3
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$826.32
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 9 min ago; Injective: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.192%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Hyperliquid live order book, 9 min ago	0.34 bp	5.0 bp −$5	6.3 bp −$63	11.4 bp −$1,139	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 PERPshort	−0.3792%	1h	$34K	$13K	12x
ApeX Omni ZECUSDT	−0.1024%	1h	$962K	$427K	50x	as long as short
Kraken Futures PF_ZECUSD	−0.0514%	1h	$18.0M	$45.6M	25x	as long as short
Bybit ZECUSDT	−0.0280%	8h	$284.4M	$774.4M	75x	as long as short
Gate ZEC_USDT	−0.0134%	8h	$51.7M	$216.4M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0098%	1h	$402K	$751K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0073%	8h	$47.2M	$33.1M	—	as long as short
Aster ZECUSDT	−0.0049%	8h	$15.0M	$37.8M	75x	as long as short
01 Exchange ZECUSD	−0.0040%	1h	$9K	$11K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	−0.0019%	8h	$268K	$1.6M	20x	as long as short
BloFin ZEC-USDT	−0.0016%	8h	$31.3M	$81.8M	75x	as long as short
OKX ZEC-USDT-SWAP	−0.0011%	8h	$179.2M	$1.61B	50x	as long as short
SoDEX ZEC-USD	−0.0009%	1h	$225K	$5.5M	10x	as long as short
MEXC ZEC_USDT	−0.0006%	8h	$214.2M	$987.6M	150x	as long as short
Binance ZECUSDT	−0.0004%	8h	$682.0M	$2.87B	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	$416K	$119K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$928K	$6.5M	2.2x	as long as short
Phoenix ZEC	0.0000%	1h	$4.7M	$1.7M	10x	as long as short
Perpl ZEC	0.0000%	43m	$76K	$392K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
BingX ZEC-USDT	+0.0025%	8h	—	$128.1M	—	as long as short
Bitget ZECUSDT	+0.0028%	8h	$167.6M	$346.3M	75x	as long as short
Katana Perps ZEC-USD	+0.0036%	8h	$10K	$1.0M	10x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$365K	20x	as long as short
Bullet ZEC-USD	+0.0082%	1h	$52K	$116K	20x	as long as short
RISEx ZEC/USDC	+0.0088%	1h	$860K	$2.9M	10x	as long as short
Paradex ZEC-USD-PERP	+0.0093%	8h	$61K	$38K	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.4M	$62.5M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.7M	$8.3M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$173K	$2.3M	50x	as long as short
Bulk ZEC-USD	+0.0097%	1h	$905K	$34K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.0M	$7.8M	10x	as long as short
Hyperliquid ZEClong	+0.0100%	1h	$786.8M	$655.3M	10x
Pacifica ZEC	+0.0100%	1h	$1.6M	$3.6M	10x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$715K	$6.7M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$103.7M	$69.9M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.2M	$3.7M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$496K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$112K	$3.9M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$319K	$3.2M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$458K	$476K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.4M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$31.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.8M	$6.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.3M	$4.9M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0111% / S +0.0015%	1h	$541K	—	100x	as long as short
Aftermath Perps ZECUSD	+0.0283%	1h	$39K	$34K	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0320%	1h	$3.9M	$13.6M	50x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0367%	1h	$579K	$1.4M	25x	as long as short