ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.4163%/8h= +455.8% APRnext payment +$5.20 per $10,000 · paid last 24h +0.928%

Price spread now: RISEx against Injective+0.794%7-day average +0.025% · you sell dearer than you buy

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

Long on Injective Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+1.107%+$111 on $10k

Price spread, last 4 days (all we have)−1.432%−$143 · spread now +0.794%, 7d avg +0.025%

Together, before fees−0.326%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$125 a day on $10k at the current rate, and RISEx is 0.769% dearer against Injective than usual: you sell high and buy low: +$77 more if the spread goes back to its 7-day average of +0.025%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 1.107% in total (about 104.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.20 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective ZEC/USDC PERP	1,490.9	−0.4130	get 0.0516% / 1h	4m 41s	$36K	$267K	12x
Short	RISEx ZEC/USDC	1,502.8	0.0032	get 0.0004% / 1h	4m 41s	$909K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee RISExbpOrdersPrice spread, now +0.794%Rate

Funding earned: $874.14
Price spread: +0.794% → +0.025%: $76.92
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee RISEx: 3 bp × 2 orders: −$6
Net: $945.05
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Injective: live order book, 42 min ago; RISEx: live order book, 2 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 Injective live order book, 42 min ago	70.45 bp	489854.8 bp −$489.9K	4955223.5 bp −$49.55M	49312752.0 bp −$4931.28M	245717440.0 bp −$122858.72M
Sell RISEx live order book, 2 min ago	0.50 bp	3.5 bp −$3	7.8 bp −$78	doesn't fit	doesn't fit

ZEC on 51 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 PERPlong	−0.4130%	1h	1,490.9	long leg	$36K	$267K	12x
Aftermath Perps ZECUSD	−0.0278%	1h	1,504.2	+0.891%	$49K	$74K	10x	as long as short
BloFin ZEC-USDT	−0.0200%	8h	1,503.6	+0.849%	$31.9M	$72.2M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0114%	1h	1,502.4	+0.769%	$408K	$497K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,502.1	+0.747%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,502.8	+0.798%	$414K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,503.4	+0.835%	$1.5M	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,501.1	+0.682%	$63K	$298K	10x	as long as short
ApeX Omni ZECUSDT	+0.0002%	1h	1,504.7	+0.925%	$412K	$951K	50x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,501.8	+0.730%	$5.3M	—	150x	as long as short

Show all 51 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange ZECUSD	+0.0032%	1h	1,503.1	+0.816%	$8K	$6K	5x	as long as short
RISEx ZEC/USDCshort	+0.0032%	1h	1,502.8	+0.794%	$909K	$1.3M	10x
Phoenix ZEC	+0.0060%	1h	1,503.5	+0.841%	$4.8M	$1.3M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0061%	8h	1,503.2	+0.820%	$303K	$715K	20x	as long as short
Aster ZECUSDT	+0.0085%	8h	1,502.4	+0.771%	$14.4M	$25.9M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,503.6	+0.847%	$19.9M	$39.9M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,503.8	+0.863%	$2.1M	$7.2M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,503	+0.807%	$170K	$1.3M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,502.6	+0.780%	$27K	$859K	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0099%	1h	1,504.1	+0.883%	$18.6M	$45.4M	25x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,502.3	+0.759%	$62K	$14K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,503.4	+0.838%	$3.1M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,503.3	+0.829%	$793.1M	$420.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,502.6	+0.782%	$1.6M	$2.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,502.5	+0.776%	$703.8M	$2.13B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,502	+0.744%	$275.0M	$578.5M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,502.3	+0.764%	$186.8M	$1.26B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,503.4	+0.838%	$598K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,502.7	+0.791%	$778K	$182K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,501.9	+0.733%	$64.4M	$175.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,502.6	+0.785%	$180.1M	$845.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,502.3	+0.759%	$105.7M	$51.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,502.5	+0.772%	$164.1M	$270.7M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,502.3	+0.765%	—	$120.6M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,503.9	+0.872%	$2.2M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,501.5	+0.710%	$49.6M	$33.0M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,503.6	+0.846%	$549K	$8.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,506.8	+1.063%	$3.1M	$635K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,503.5	+0.844%	$112K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,503	+0.809%	$368K	$1.4M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,503.4	+0.834%	$169K	$189K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,503.9	+0.872%	$393K	$492K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,505.7	+0.992%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503.6	+0.846%	$257K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,502	+0.744%	$2.7M	$20.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,503.9	+0.868%	$4.0M	$4.7M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,501.9	+0.737%	$2.7M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,503.2	+0.821%	$37K	$163K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0141%	1h	1,504.1	+0.882%	$694K	$1.3M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0199% / S −0.0218%	1h	1,502.5	+0.776%	$349K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0352%	1h	1,504.9	+0.936%	$3.9M	$9.2M	50x	as long as short