ZEC

Alert

Funding spread now, next payment 13:00 UTC+0.0184%/8h

paid, last 24h+0.146%paid, last 7 days+0.013%to open and closeno order book

Long on Perpl Short on Coinbase International

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment. 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	Perpl ZEC	1,551.3	0	get 0.0000% / 43m	0m 24s	$38K	$419K	10x
Short	Coinbase International ZEC-PERP-INTX	1,553.3	0.0184	get 0.0023% / 1h	35m 24s	$3.8M	$13.7M	50x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee PerplbpFee Coinbase InternationalbpOrdersRate

Funding earned: $38.64
Slippage, 4 orders: no order book: not counted
Fee Perpl: 6.9 bp × 2 orders: −$13.8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $14.84
Break-even: 4.3 days

Slippage unknown: Perpl: no order-book sample; Coinbase International: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.127%
Avg gap 7d: +0.185%

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 Perpl no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 5 min ago	8.56 bp	13.6 bp −$14	14.7 bp −$147	48.5 bp −$4,848	doesn't fit

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 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	−0.0723%	1h	$1.0M	$323K	50x	as long as short
Injective ZEC/USDC PERP	−0.0250%	1h	$36K	$72K	12x	as long as short
Bitget ZECUSDT	−0.0083%	8h	$175.5M	$305.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	$7K	$1K	10x	as long as short
Bullet ZEC-USD	−0.0057%	1h	$53K	$111K	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0026%	8h	$196.8M	$1.65B	50x	as long as short
Popdex ZECUSDT	−0.0016%	1h	$194K	$2.1M	50x	as long as short
01 Exchange ZECUSD	−0.0008%	1h	$9K	$14K	5x	as long as short
SoDEX ZEC-USD	−0.0008%	1h	$233K	$5.4M	10x	as long as short
Orderly PERP_ZEC_USDC	−0.0002%	8h	$280K	$1.8M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
dYdX ZEC-USD	0.0000%	1h	$436K	$112K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	$1.1M	$6.0M	2.2x	as long as short
Perpl ZEClong	0.0000%	43m	$38K	$419K	10x
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	$572K	$675K	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	$5.5M	—	150x	as long as short
Binance ZECUSDT	+0.0010%	8h	$730.0M	$2.75B	75x	as long as short
MEXC ZEC_USDT	+0.0011%	8h	$218.4M	$953.0M	150x	as long as short
Aster ZECUSDT	+0.0011%	8h	$15.2M	$35.5M	75x	as long as short
RISEx ZEC/USDC	+0.0031%	1h	$902K	$2.7M	10x	as long as short
Ondo Perps ZEC-USD.P	+0.0040%	1h	$324K	$685K	5x	as long as short
Gate ZEC_USDT	+0.0046%	8h	$54.3M	$216.5M	75x	as long as short
BloFin ZEC-USDT	+0.0046%	8h	$32.4M	$74.6M	75x	as long as short
Aevo ZEC-PERP	+0.0080%	1h	$47K	$352K	20x	as long as short
Bybit ZECUSDT	+0.0085%	8h	$308.8M	$716.7M	75x	as long as short
BingX ZEC-USDT	+0.0089%	8h	—	$103.5M	—	as long as short
Lighter ZEC	+0.0096%	1h	$21.2M	$56.6M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	$1.7M	$7.5M	10x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	$15K	$1.2M	10x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	$64K	$32K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	$3.2M	$7.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	$845.5M	$648.8M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	$1.8M	$3.6M	10x	as long as short
Arcus ZEC-USD	+0.0100%	1h	$628K	$4.9M	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	$105.7M	$68.5M	75x	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	$2.2M	$3.2M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	$50.9M	$31.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	$520K	$10.3M	20x	as long as short
StandX ZEC-USD	+0.0100%	1h	$70K	$1.3M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	$386K	$3.7M	10x	as long as short
Derive ZEC-PERP	+0.0100%	1h	$517K	$198K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	$3K	$1.3M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	$2.8M	$31.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	$4.0M	$6.2M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	$939K	$98K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	$3.4M	$3.8M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0131%	1h	$19.7M	$42.2M	25x	as long as short
Coinbase International ZEC-PERP-INTXshort	+0.0184%	1h	$3.8M	$13.7M	50x
Phoenix ZEC	+0.0208%	1h	$5.1M	$1.3M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0227% / S −0.0266%	1h	$388K	—	100x	as long as short
Aftermath Perps ZECUSD	+0.0416%	1h	$40K	$16K	10x	as long as short