ZEC

Alert

Funding spread now, next payment 18:00 UTC+0.0611%/8h

paid, last 24h−0.005%paid, last 7 days+0.275%to open and close $10k−$61

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% 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	Kraken Futures PF_ZECUSD	1,487.2	−0.0511	get 0.0064% / 1h	47m 21s	$18.2M	$43.7M	25x
Short	Phemex ZECUSDT	1,487	0.0100	get 0.0100% / 8h	6h 47m	$3.9M	$6.8M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee PhemexbpOrdersRate

Funding earned: $128.33
Slippage, 4 orders: −$39.15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: $67.18
Break-even: 3.3 days

Slippage from Kraken Futures: live order book, 3 min ago; Phemex: live order book, 3 min ago.

Price risk

price view

Price gap now: −0.010%
Avg gap 7d: −0.008%

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, 3 min ago	3.05 bp	9.2 bp −$9	12.9 bp −$129	22.3 bp −$2,232	72.6 bp −$36.3K
Sell Phemex live order book, 3 min ago	1.85 bp	18.5 bp −$18	27.9 bp −$279	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	−0.3792%	1h	$34K	$13K	12x	as long as short
ApeX Omni ZECUSDT	−0.0655%	1h	$982K	$355K	50x	as long as short
Kraken Futures PF_ZECUSDlong	−0.0511%	1h	$18.2M	$43.7M	25x
Bybit ZECUSDT	−0.0285%	8h	$291.1M	$763.4M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0198%	1h	$405K	$759K	5x	as long as short
Gate ZEC_USDT	−0.0099%	8h	$52.3M	$211.3M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0062%	8h	$48.4M	$32.1M	—	as long as short
01 Exchange ZECUSD	−0.0048%	1h	$9K	$11K	5x	as long as short
SoDEX ZEC-USD	−0.0048%	1h	$226K	$5.5M	10x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster ZECUSDT	−0.0041%	8h	$15.1M	$37.3M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0022%	8h	$267K	$1.6M	20x	as long as short
BloFin ZEC-USDT	−0.0017%	8h	$31.5M	$80.5M	75x	as long as short
OKX ZEC-USDT-SWAP	−0.0012%	8h	$183.5M	$1.60B	50x	as long as short
Binance ZECUSDT	−0.0004%	8h	$691.9M	$2.84B	75x	as long as short
MEXC ZEC_USDT	−0.0004%	8h	$213.6M	$974.3M	150x	as long as short
dYdX ZEC-USD	0.0000%	1h	$419K	$117K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$868K	$6.3M	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	$77K	$389K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$582K	$1.4M	25x	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-USDC	+0.0009%	8h	—	$6.9M	—	as long as short
Bitget ZECUSDT	+0.0016%	8h	$169.9M	$338.4M	75x	as long as short
Bullet ZEC-USD	+0.0044%	1h	$52K	$116K	20x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$360K	20x	as long as short
RISEx ZEC/USDC	+0.0088%	1h	$853K	$2.8M	10x	as long as short
Paradex ZEC-USD-PERP	+0.0094%	8h	$61K	$38K	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.6M	$61.4M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.8M	$8.2M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$180K	$2.2M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	$15K	$1.0M	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.0M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$794.4M	$650.5M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$691K	$6.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$912K	$34K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$104.6M	$69.3M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.3M	$3.7M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$501K	$10.6M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$110K	$3.9M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$322K	$3.3M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$461K	$476K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.5M	$31.4M	75x	as long as short
Phemex ZECUSDTshort	+0.0100%	8h	$3.9M	$6.8M	50x
Extended ZEC-USD	+0.0104%	1h	$3.3M	$4.5M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0114% / S +0.0007%	1h	$565K	—	100x	as long as short
Aftermath Perps ZECUSD	+0.0285%	1h	$36K	$27K	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0320%	1h	$3.9M	$13.6M	50x	as long as short