Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.010%
Price spread now: SunX against OKX+0.239%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days+0.335%+$33 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.239%, 7d avg +0.109%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.130% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.109%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ZEC-USDT-SWAP | 1,467.2 | 0.0050 | pay 0.0050% / 8h | 1h 44m | $176.2M | $1.36B | 50x |
| Short | SunX ZEC-USDT | 1,470.7 | 0.0100 | get 0.0100% / 8h | 1h 44m | $3K | $1.3M | 20x |
OKX ZEC-USDT-SWAP
SunX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $10.45
- Price spread: +0.239% → +0.109%
- $12.95
- Slippage, 4 orders
- −$111.79
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$106.38
- Costs to cover
- 1.298%
- Break-even
- 78.2 days
Slippage from OKX: live order book, 4 min ago; SunX: live order book, 9 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, 4 min ago | 0.03 bp | 5.1 bp −$5 | 9.4 bp −$94 | 17.1 bp −$1,706 | doesn't fit |
| Sell SunX live order book, 9 min ago | 29.06 bp | 69.6 bp −$70 | doesn't fit | 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 | −0.3310% | 1h | 1,462.9 | −0.293% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,468.5 | +0.088% | $17.9M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0118% | 1h | 1,466.9 | −0.023% | $398K | $521K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,468.5 | +0.085% | $29.1M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.1 | +0.125% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,467.2 | 0.000% | $271.7M | $674.2M | 75x | as long as short |
| Variational Omni ZEC | −0.0022% | 8h | 1,467.6 | +0.025% | $46.6M | $34.0M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.2 | +0.136% | $414K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.5 | +0.155% | $893K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468.1 | +0.056% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,468.9 | +0.111% | $598K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.7 | +0.097% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,468.5 | +0.087% | $543K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,468.1 | +0.058% | $294K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0045% | 1h | 1,467.1 | −0.008% | $431K | $818K | 50x | as long as short |
| OKX ZEC-USDT-SWAPlong | +0.0050% | 8h | 1,467.2 | long leg | $176.2M | $1.36B | 50x | |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.455% | $899K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0060% | 8h | 1,468.3 | +0.071% | $50.0M | $184.2M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,469.1 | +0.125% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.519% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,469 | +0.118% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,470 | +0.189% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.5 | +0.085% | $173K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.5 | +0.084% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,470 | +0.188% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.2 | +0.134% | $761.2M | $490.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.6 | +0.093% | $15.4M | $33.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.4 | +0.147% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.024% | $675.6M | $2.51B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468 | +0.053% | $223.8M | $855.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.5 | +0.087% | $103.3M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.6 | +0.025% | $162.8M | $308.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.7 | +0.029% | — | $103.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,465.9 | −0.091% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.6 | +0.092% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.9 | −0.024% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.7 | +0.100% | $346K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,468.3 | +0.070% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.4 | −0.056% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDTshort | +0.0100% | 8h | 1,470.7 | +0.239% | $3K | $1.3M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,468.3 | +0.072% | $223K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.6 | −0.046% | $2.4M | $24.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.7 | +0.102% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.9 | +0.045% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.9 | +0.048% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,469.2 | +0.136% | $845K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0234% | 1h | 1,469 | +0.119% | $2.3M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,470.5 | +0.221% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,469.6 | +0.158% | $730K | $8.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0448% | 1h | 1,470.2 | +0.204% | $2.0M | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0529% | 1h | 1,466 | −0.085% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Lighter RH ZEC
Aftermath Perps ZECUSD