ZEC

Alert

Funding spread now, next payment 19:00 UTC+0.1067%/8h

next payment, per $10,000+$1.33paid, last 24h+0.003%paid, last 7 days+0.304%to open and close $10k−$48

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.304% in total (about 15.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.33 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	Kraken Futures PF_ZECUSD	1,477	−0.0792	get 0.0099% / 1h	53m 46s	$18.0M	$48.0M	25x
Short	Deribit ZEC_USDC-PERPETUAL	1,478.5	0.0275	get 0.0034% / 1h	53m 46s	$579K	$1.4M	25x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee DeribitbpOrdersRate

Funding earned: $224.06
Slippage, 4 orders: −$31
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $176.06
Break-even: 1.5 days

Slippage from Kraken Futures: live order book, 2 min ago; Deribit: live order book, 2 min ago.

Price risk

price view

Price gap now: +0.107%
Avg gap 7d: +0.032%

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 Kraken Futures live order book, 2 min ago	6.34 bp	13.5 bp −$13	17.2 bp −$172	22.9 bp −$2,289	109.1 bp −$54.5K
Sell Deribit live order book, 2 min ago	5.86 bp	10.6 bp −$11	18.5 bp −$185	doesn't fit	doesn't fit

ZEC on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3658%	1h	$34K	$13K	12x	as long as short
Kraken Futures PF_ZECUSDlong	−0.0792%	1h	$18.0M	$48.0M	25x
ApeX Omni ZECUSDT	−0.0546%	1h	$955K	$463K	50x	as long as short
Bybit ZECUSDT	−0.0243%	8h	$276.5M	$779.1M	75x	as long as short
Variational Omni ZEC	−0.0118%	8h	$47.1M	$32.4M	—	as long as short
Gate ZEC_USDT	−0.0086%	8h	$51.3M	$208.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Aster ZECUSDT	−0.0037%	8h	$14.9M	$37.8M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0020%	8h	$288K	$1.8M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0011%	8h	$176.9M	$1.60B	50x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BloFin ZEC-USDT	−0.0005%	8h	$30.7M	$82.1M	75x	as long as short
Phoenix ZEC	−0.0004%	1h	$4.7M	$1.7M	10x	as long as short
MEXC ZEC_USDT	−0.0001%	8h	$219.5M	$979.4M	150x	as long as short
dYdX ZEC-USD	0.0000%	1h	$416K	$108K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	$9K	$11K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$976K	$6.5M	2.2x	as long as short
Binance ZECUSDT	+0.0002%	8h	$677.0M	$2.88B	75x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
Ondo Perps ZEC-USD.P	+0.0059%	1h	$400K	$742K	5x	as long as short
BingX ZEC-USDC	+0.0060%	8h	—	$6.9M	—	as long as short
Bitget ZECUSDT	+0.0065%	8h	$167.6M	$349.5M	75x	as long as short
Katana Perps ZEC-USD	+0.0069%	8h	$14K	$978K	10x	as long as short
RISEx ZEC/USDC	+0.0072%	1h	$847K	$2.8M	10x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$366K	20x	as long as short
Paradex ZEC-USD-PERP	+0.0094%	8h	$61K	$38K	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.1M	$61.4M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$175K	$2.3M	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0098% / S +0.0023%	1h	$541K	—	100x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.0M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$780.0M	$655.1M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$904K	$47K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$103.6M	$68.6M	75x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$494K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$111K	$4.1M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$301K	$3.1M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	$129K	$166K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$458K	$530K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.4M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	$224K	$5.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$31.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$3.8M	$6.7M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.2M	$4.9M	10x	as long as short
Perpl ZEC	+0.0112%	43m	$77K	$409K	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0143%	1h	$2.2M	$3.7M	15x	as long as short
Arcus ZEC-USD	+0.0231%	1h	$734K	$7.0M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	$1.8M	$7.9M	10x	as long as short
Deribit ZEC_USDC-PERPETUALshort	+0.0275%	1h	$579K	$1.4M	25x
Coinbase International ZEC-PERP-INTX	+0.0360%	1h	$3.9M	$13.6M	50x	as long as short
Aftermath Perps ZECUSD	+0.0408%	1h	$39K	$34K	10x	as long as short