Funding you earn now, next payment 08:00 UTC+0.0037%/8h= +4.1% APRnext payment +$0.37 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against Orderly−0.001%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)−0.700%−$70 · spread now −0.001%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,461.3 | 0.0063 | pay 0.0063% / 8h | 4h 21m | $292K | $952K | 20x |
| Short | Gate ZEC_USDT | 1,461.2 | 0.0100 | get 0.0100% / 8h | 4h 21m | $50.8M | $174.5M | 75x |
Orderly PERP_ZEC_USDC
Gate ZEC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Orderly. 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
- $7.79
- Price spread: −0.001% → −0.015%
- $1.41
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11.8
- Costs to cover
- 0.210%
- Break-even
- 17.6 days
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 2 min ago | 0.07 bp | 9.8 bp −$10 | 14.4 bp −$144 | 32.3 bp −$3,231 | 58.6 bp −$29.3K |
Orderly: 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 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 | −0.3166% | 1h | 1,460.6 | −0.043% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.6 | +0.023% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0069% | 8h | 1,461.3 | +0.003% | $29.3M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,461.4 | +0.012% | $412K | $38K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.5 | +0.084% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,461 | −0.021% | $84K | $240K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,461.3 | +0.005% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0063% | 8h | 1,461.3 | long leg | $292K | $952K | 20x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0068% / S −0.0019% | 1h | 1,461.2 | −0.005% | $410K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0080% | 1h | 1,462.4 | +0.076% | $8K | $7K | 5x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.1 | +0.056% | $174K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,462.2 | +0.066% | $11K | $856K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.4 | +0.078% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.5 | +0.088% | $2.8M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.6 | +0.092% | $760.2M | $431.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,461.7 | +0.030% | $14.5M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.4 | +0.077% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,461.3 | +0.005% | $671.7M | $2.21B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,460.4 | −0.062% | $263.6M | $600.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,461.1 | −0.012% | $178.3M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,455.7 | −0.380% | $396K | $441K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.2 | −0.276% | $880K | $18K | 10x | as long as short |
| Gate ZEC_USDTshort | +0.0100% | 8h | 1,461.2 | −0.001% | $50.8M | $174.5M | 75x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461 | −0.020% | $215.6M | $773.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,461.5 | +0.014% | $102.7M | $53.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,461.1 | −0.012% | $166.4M | $271.0M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,460.9 | −0.025% | — | $104.5M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,462.2 | +0.065% | $2.4M | $3.8M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,457.9 | −0.232% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.9 | −0.091% | $569K | $8.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,457.4 | −0.267% | $3.0M | $437K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,460.5 | −0.050% | $407K | $927K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,461.1 | −0.009% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461.6 | +0.023% | $367K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,461.1 | −0.010% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,460.3 | −0.068% | $446K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,464.6 | +0.230% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.5 | +0.013% | $234K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,460.2 | −0.075% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.5 | +0.014% | $3.8M | $5.1M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,461 | −0.020% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.1 | −0.008% | $47K | $151K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0104% | 1h | 1,461.8 | +0.035% | $611K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0123% | 1h | 1,461.2 | −0.005% | $4.6M | $1.3M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0276% | 1h | 1,461.3 | +0.004% | $18.1M | $45.0M | 25x | as long as short |
| Lighter ZEC | +0.0280% | 1h | 1,462.8 | +0.105% | $19.3M | $46.0M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0412% | 1h | 1,462.3 | +0.071% | $925K | $1.1M | 10x | as long as short |
| Lighter RH ZEC | +0.0424% | 1h | 1,462.9 | +0.110% | $2.1M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,464.1 | +0.194% | $3.8M | $9.1M | 50x | as long as short |
| Arcus ZEC-USD | +0.0626% | 1h | 1,463.1 | +0.127% | $688K | $8.3M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0682% | 1h | 1,459.5 | −0.120% | $45K | $49K | 10x | as long as short |
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
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
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Kraken Futures PF_ZECUSD
Lighter ZEC
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD