ZEC

Alert

Funding spread now, next payment 17:00 UTC+0.0228%/8h

next payment, per $10,000+$0.29paid, last 24h+0.029%paid, last 3 days−0.063%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid -0.063% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 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	Ondo Perps ZEC-USD.P	1,492.6	−0.0128	get 0.0016% / 1h	49m 34s	$407K	$769K	5x
Short	Arcus ZEC-USD	1,497.8	0.0100	get 0.0013% / 1h	49m 34s	$692K	$6.2M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ArcusbpOrdersRate

Funding earned: $47.88
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $38.38
Break-even: 1.4 days

Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.351%
Avg gap 7d: +0.060%

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Arcus live order book, 1 min ago	0.36 bp	6.2 bp −$6	10.5 bp −$105	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3400%	1h	$34K	$13K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0517%	1h	$18.2M	$45.6M	25x	as long as short
ApeX Omni ZECUSDT	−0.0389%	1h	$983K	$346K	50x	as long as short
Bulk ZEC-USD	−0.0264%	1h	$910K	$64K	10x	as long as short
Bybit ZECUSDT	−0.0207%	8h	$288.8M	$781.6M	75x	as long as short
Gate ZEC_USDT	−0.0133%	8h	$52.4M	$214.4M	75x	as long as short
Ondo Perps ZEC-USD.Plong	−0.0128%	1h	$407K	$769K	5x
Hotstuff ZEC-PERP	−0.0080%	1h	$6K	$2K	10x	as long as short
Phoenix ZEC	−0.0051%	1h	$4.7M	$1.6M	10x	as long as short
Phemex ZECUSDT	−0.0047%	8h	$3.9M	$6.5M	50x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Aster ZECUSDT	−0.0045%	8h	$15.3M	$37.9M	75x	as long as short
Orderly PERP_ZEC_USDC	−0.0020%	8h	$268K	$1.7M	20x	as long as short
BloFin ZEC-USDT	−0.0019%	8h	$31.2M	$81.9M	75x	as long as short
Bitget ZECUSDT	−0.0013%	8h	$167.0M	$328.6M	75x	as long as short
MEXC ZEC_USDT	−0.0004%	8h	$219.0M	$989.0M	150x	as long as short
Binance ZECUSDT	−0.0003%	8h	$699.6M	$2.90B	75x	as long as short
Variational Omni ZEC	−0.0002%	8h	$48.7M	$33.8M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	$420K	$117K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$868K	$6.3M	2.2x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$585K	$1.4M	25x	as long as short
BingX ZEC-USDC	+0.0001%	8h	—	$6.9M	—	as long as short
OKX ZEC-USDT-SWAP	+0.0002%	8h	$185.6M	$1.66B	50x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	$9K	$11K	5x	as long as short
SoDEX ZEC-USD	+0.0036%	1h	$226K	$5.5M	10x	as long as short
RISEx ZEC/USDC	+0.0080%	1h	$857K	$2.9M	10x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$39K	$362K	20x	as long as short
Paradex ZEC-USD-PERP	+0.0087%	8h	$61K	$38K	10x	as long as short
Lighter ZEC	+0.0096%	1h	$19.8M	$60.8M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	$169K	$2.3M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	$11K	$1.2M	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.1M	$7.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$801.0M	$669.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.7M	$3.7M	10x	as long as short
Arcus ZEC-USDshort	+0.0100%	1h	$692K	$6.2M	10x
KuCoin ZECUSDTM	+0.0100%	8h	$104.7M	$71.1M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.3M	$3.6M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	$503K	$10.8M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$67K	$3.3M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$309K	$3.3M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	$51K	$116K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$495K	$262K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.4M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.6M	$31.9M	75x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.4M	$4.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0130% / S 0.0000%	1h	$571K	—	100x	as long as short
Lighter RH ZEC	+0.0184%	1h	$1.8M	$8.3M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0256%	1h	$3.9M	$13.8M	50x	as long as short
Aftermath Perps ZECUSD	+0.0421%	1h	$37K	$22K	10x	as long as short
Perpl ZEC	+0.0447%	43m	$78K	$400K	10x	as long as short