ZEC

Alert

Funding spread now, next payment 19:00 UTC+0.3758%/8h

next payment, per $10,000+$4.70paid, last 24h+0.208%paid, last 4 days+0.401%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 0.401% in total (about 39.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.70 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	Injective ZEC/USDC PERP	1,486.5	−0.3658	get 0.0457% / 1h	29m 36s	$34K	$13K	12x
Short	Derive ZEC-PERP	1,487.6	0.0100	get 0.0013% / 1h	29m 36s	$452K	$528K	6.7x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee DerivebpOrdersRate

Funding earned: $789.12
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Derive: 3 bp × 2 orders: −$6
Net: $783.1
Break-even: 0.1 days

Slippage unknown: Injective: no order-book sample; Derive: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: +0.075%
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 Injective no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

Injective and Derive: 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 PERPlong	−0.3658%	1h	$34K	$13K	12x
Kraken Futures PF_ZECUSD	−0.0786%	1h	$18.1M	$48.1M	25x	as long as short
ApeX Omni ZECUSDT	−0.0276%	1h	$970K	$463K	50x	as long as short
Bybit ZECUSDT	−0.0238%	8h	$278.0M	$769.9M	75x	as long as short
Bulk ZEC-USD	−0.0137%	1h	$914K	$47K	10x	as long as short
Variational Omni ZEC	−0.0136%	8h	$48.1M	$32.4M	—	as long as short
BloFin ZEC-USDT	−0.0113%	8h	$30.8M	$82.4M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0082%	1h	$404K	$642K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Gate ZEC_USDT	−0.0078%	8h	$51.1M	$211.0M	75x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster ZECUSDT	−0.0022%	8h	$15.1M	$37.6M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0019%	8h	$293K	$1.8M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0013%	8h	$179.3M	$1.58B	50x	as long as short
Phoenix ZEC	−0.0004%	1h	$4.7M	$1.7M	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	$420K	$108K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$994K	$6.3M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	$78K	$416K	10x	as long as short
MEXC ZEC_USDT	+0.0005%	8h	$228.8M	$997.2M	150x	as long as short
Binance ZECUSDT	+0.0006%	8h	$681.5M	$2.85B	75x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	$9K	$11K	5x	as long as short
SoDEX ZEC-USD	+0.0043%	1h	$226K	$5.6M	10x	as long as short
RISEx ZEC/USDC	+0.0072%	1h	$832K	$2.7M	10x	as long as short
Katana Perps ZEC-USD	+0.0078%	8h	$16K	$910K	10x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$366K	20x	as long as short
BingX ZEC-USDT	+0.0086%	8h	—	$129.5M	—	as long as short
Bitget ZECUSDT	+0.0091%	8h	$169.7M	$344.2M	75x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0093% / S +0.0016%	1h	$583K	—	100x	as long as short
Paradex ZEC-USD-PERP	+0.0096%	8h	$61K	$38K	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.3M	$62.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$175K	$2.2M	50x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$784.6M	$646.3M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$104.6M	$67.6M	75x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$500K	$10.7M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$112K	$4.3M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$304K	$3.1M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	$130K	$166K	20x	as long as short
Derive ZEC-PERPshort	+0.0100%	1h	$452K	$528K	6.7x
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.4M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$30.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.8M	$6.5M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.3M	$4.8M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0107%	1h	$583K	$1.4M	25x	as long as short
Backpack ZEC_USDC_PERP	+0.0219%	1h	$2.3M	$3.8M	15x	as long as short
Lighter RH ZEC	+0.0224%	1h	$1.8M	$7.9M	10x	as long as short
Arcus ZEC-USD	+0.0231%	1h	$704K	$7.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0360%	1h	$3.9M	$13.2M	50x	as long as short
Aftermath Perps ZECUSD	+0.0466%	1h	$40K	$34K	10x	as long as short