Funding you earn now, next payment 09:33 UTC−0.0070%/8h= −7.7% APRpaid last 24h −0.018%
Price spread now: Perpl against Orderly−0.022%7-day average −0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.645%−$65 · spread now −0.022%, 7d avg −0.065%
=Together, before fees−0.504%+ Points / potential airdropPerpl: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.043% dearer against Orderly than usual: you sell high and buy low (spread −0.022% now, against its 7-day average of −0.065%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.142%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,502.3 | 0.0070 | pay 0.0070% / 8h | 5h 54m | $303K | $856K | 20x |
| Short | Perpl ZEC | 1,502 | 0 | get 0.0000% / 43m | 35m 11s | $63K | $300K | 10x |
Orderly PERP_ZEC_USDC
Perpl ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- −$14.77
- Price spread: −0.022% → −0.065%
- $4.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$30.23
- Costs to cover
- 0.198%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Perpl: no order-book sample. 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 Perpl no order-book sample | — | — | — | — | — |
Orderly and Perpl: 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 exchanges
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 | −0.4130% | 1h | 1,480 | −1.488% | $36K | $267K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0186% | 8h | 1,502.9 | +0.038% | $31.8M | $72.9M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0094% | 1h | 1,504.1 | +0.120% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.6 | +0.085% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0068% | 1h | 1,500.9 | −0.095% | $409K | $498K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,502.7 | +0.023% | $414K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,503.5 | +0.079% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZECshort | 0.0000% | 43m | 1,502 | −0.022% | $63K | $300K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,502.8 | +0.031% | $5.3M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,503.1 | +0.049% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx ZEC/USDC | +0.0032% | 1h | 1,502.8 | +0.030% | $909K | $1.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0049% | 1h | 1,503.5 | +0.077% | $685K | $1.3M | 25x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0070% | 8h | 1,502.3 | long leg | $303K | $856K | 20x | |
| Aster ZECUSDT | +0.0095% | 8h | 1,503.8 | +0.101% | $14.1M | $26.9M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,504.2 | +0.122% | $19.9M | $38.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,504.6 | +0.148% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.8 | +0.029% | $169K | $1.5M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,502.6 | +0.015% | $25K | $880K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,503.4 | +0.068% | $18.5M | $46.1M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,502.9 | +0.036% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,503.2 | +0.057% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,504.7 | +0.158% | $789.9M | $429.4M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,503.6 | +0.084% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,504 | +0.110% | $708.0M | $2.19B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,503.7 | +0.089% | $276.1M | $588.6M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,503.8 | +0.095% | $185.8M | $1.30B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,503.7 | +0.091% | $594K | $8.4M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,503.5 | +0.079% | $62.8M | $171.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,503.7 | +0.093% | $177.8M | $823.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,503.8 | +0.098% | $105.3M | $53.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,503.8 | +0.097% | $164.3M | $279.2M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,503.7 | +0.093% | — | $122.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,503.8 | +0.095% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,505.7 | +0.224% | $49.5M | $34.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,504.6 | +0.148% | $550K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.7 | +0.292% | $3.1M | $599K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.2 | +0.127% | $411K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,505.8 | +0.230% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.9 | +0.038% | $370K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.9 | +0.040% | $167K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,504.9 | +0.170% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,502.9 | +0.039% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,502.3 | 0.000% | $2.6M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.3 | +0.067% | $4.0M | $4.8M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,505.5 | +0.212% | $781K | $158K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,502.9 | +0.035% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,502.4 | +0.006% | $37K | $163K | 20x | as long as short |
| Phoenix ZEC | +0.0139% | 1h | 1,506.5 | +0.275% | $4.8M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0185% / S −0.0197% | 1h | 1,503.3 | +0.062% | $350K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,504.9 | +0.170% | $3.9M | $9.5M | 50x | as long as short |
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
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
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX