Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.015%
Price spread now: Popdex against OKX−0.039%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 4 days (all we have)+0.058%+$6 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.039%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.045% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEC-USDT-SWAP | 1,486.6 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $179.9M | $1.32B | 50x |
| Short | Popdex ZECUSDT | 1,486 | 0.0096 | get 0.0012% / 1h | 23m 23s | $168K | $1.8M | 50x |
OKX ZEC-USDT-SWAP
Popdex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.039% → +0.006%
- −$4.46
- Slippage, 4 orders
- −$3.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$25.22
- Costs to cover
- 0.199%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; Popdex: live order book, 1 min ago.
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 OKX live order book, 6 min ago | 0.03 bp | 5.6 bp −$6 | 9.1 bp −$91 | 18.9 bp −$1,886 | doesn't fit |
| Sell Popdex live order book, 1 min ago | 0.71 bp | 4.2 bp −$4 | 9.5 bp −$95 | doesn't fit | doesn't fit |
ZEC on 51 venues
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 PERP | −0.3684% | 1h | 1,461.9 | −1.659% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.636% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0130% | 8h | 1,483.5 | −0.203% | $30.4M | $74.2M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,485 | −0.102% | $18.0M | $46.7M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,485.3 | −0.087% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,485.4 | −0.079% | $413K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,486.9 | +0.022% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,484.6 | −0.129% | $62K | $304K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,481.3 | −0.356% | $5.3M | — | 150x | as long as short |
| Aftermath Perps ZECUSD | +0.0072% | 1h | 1,480.7 | −0.397% | $47K | $64K | 10x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Aftermath Perps ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,486.7 | +0.011% | $299K | $1.1M | 20x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,486 | −0.039% | $168K | $1.8M | 50x | |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,485.6 | −0.063% | $11K | $876K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,485.5 | −0.073% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,486.1 | −0.033% | $13.9M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,485.9 | −0.046% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,486.4 | −0.011% | $692.4M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,486 | −0.038% | $265.7M | $633.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAPlong | +0.0100% | 8h | 1,486.6 | long leg | $179.9M | $1.32B | 50x | |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,482.2 | −0.293% | $403K | $511K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,486.2 | −0.022% | $54.5M | $184.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,486.3 | −0.020% | $245.3M | $786.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,486.1 | −0.029% | $101.8M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,486.6 | +0.003% | $160.0M | $289.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,486.1 | −0.033% | — | $115.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,486.3 | −0.020% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,480.4 | −0.413% | $48.2M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | −0.679% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477 | −0.645% | $3.0M | $511K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.4 | −0.687% | $406K | $936K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,484.5 | −0.138% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,486 | −0.038% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,486.4 | −0.011% | $163K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.885% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,489.2 | +0.176% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,484.8 | −0.118% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,484.6 | −0.131% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,485.5 | −0.075% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,485.6 | −0.061% | $61K | $43K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,486.4 | −0.009% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,486.6 | +0.004% | $43K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,485.2 | −0.089% | $929K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,481.2 | −0.361% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,485.4 | −0.077% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0147% / S −0.0158% | 1h | 1,484.9 | −0.114% | $481K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0154% | 1h | 1,485.8 | −0.053% | $678K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486.7 | +0.009% | $636K | $8.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0245% | 1h | 1,487.4 | +0.057% | $772.2M | $441.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,487.3 | +0.050% | $2.1M | $7.4M | 10x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,487.1 | +0.035% | $19.6M | $46.0M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,486.5 | −0.002% | $3.6M | $10.0M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Hyperliquid ZEC
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX