Funding you earn now, next payment 07:23 UTC+0.0543%/8h= +59.4% APRpaid last 24h +0.026%
Price spread now: Popdex against Perpl+0.077%7-day average +0.032% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.212%+$21 on $10k
+Price spread, last 4 days (all we have)−1.835%−$183 · spread now +0.077%, 7d avg +0.032%
=Together, before fees−1.623%+ Points / potential airdropPerpl: Active · farm board−$162 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Popdex is 0.045% dearer against Perpl than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,504 | −0.0447 | get 0.0040% / 43m | 6m 28s | $62K | $303K | 10x |
| Short | Popdex ZECUSDT | 1,505.2 | 0.0096 | get 0.0012% / 1h | 17m 28s | $183K | $1.8M | 50x |
Perpl ZEC
Popdex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Perpl. 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
- $113.93
- Price spread: +0.077% → +0.032%
- $4.5
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $98.23
- Costs to cover
- 0.202%
- Break-even
- 1.0 days
Slippage unknown: Perpl: no order-book sample; Popdex: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Popdex live order book, 2 min ago | 0.63 bp | 4.7 bp −$5 | 12.5 bp −$125 | doesn't fit | 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 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 | −0.3442% | 1h | 1,479.6 | −1.626% | $36K | $275K | 12x | as long as short |
| Perpl ZEClong | −0.0447% | 43m | 1,504 | long leg | $62K | $303K | 10x | |
| BloFin ZEC-USDT | −0.0148% | 8h | 1,504.3 | +0.016% | $31.3M | $76.0M | 75x | as long as short |
| Bulk ZEC-USD | −0.0108% | 1h | 1,495.7 | −0.553% | $810K | $100K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0101% | 1h | 1,498.6 | −0.359% | $48K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.3 | −0.051% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,505.2 | +0.077% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,504.3 | +0.019% | $1.5M | $4.4M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.4 | +0.090% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0012% | 1h | 1,504.5 | +0.033% | $18.0M | $47.1M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Bulk ZEC-USD
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | +0.0050% | 1h | 1,498 | −0.401% | $408K | $555K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,503.7 | −0.019% | $303K | $864K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0088% | 1h | 1,505.4 | +0.092% | $8K | $6K | 5x | as long as short |
| Phoenix ZEC | +0.0096% | 1h | 1,496 | −0.533% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,505.2 | +0.077% | $183K | $1.8M | 50x | |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,505.3 | +0.084% | $12K | $891K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.4 | +0.090% | $62K | $20K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,505.6 | +0.103% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,505.7 | +0.111% | $786.5M | $439.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,504.9 | +0.061% | $14.0M | $30.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.8 | +0.115% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,505.2 | +0.081% | $704.2M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,504.7 | +0.042% | $270.6M | $617.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,504.9 | +0.059% | $184.1M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,505.2 | +0.078% | $57.0M | $185.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,505.6 | +0.105% | $243.5M | $804.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.5 | +0.095% | $103.3M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.4 | +0.091% | $162.8M | $289.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,504.4 | +0.023% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | −0.588% | $48.9M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,501.5 | −0.169% | $575K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,503.1 | −0.065% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.4 | +0.022% | $414K | $946K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,503.4 | −0.040% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,505.2 | +0.078% | $361K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,505.4 | +0.089% | $165K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502.7 | −0.088% | $459K | $469K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,506.1 | +0.140% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.014% | $254K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,502.1 | −0.128% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,503.6 | −0.031% | $4.0M | $4.9M | 50x | as long as short |
| Lighter RH ZEC | +0.0104% | 1h | 1,506.6 | +0.174% | $2.1M | $7.4M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,505.3 | +0.086% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,503.9 | −0.006% | $43K | $151K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0115% | 1h | 1,504.6 | +0.041% | $687K | $1.4M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0128% | 1h | 1,505.5 | +0.097% | $948K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0146% / S −0.0143% | 1h | 1,504 | −0.004% | $334K | — | 100x | as long as short |
| Lighter ZEC | +0.0208% | 1h | 1,506.6 | +0.172% | $20.0M | $45.8M | 20x | as long as short |
| Arcus ZEC-USD | +0.0403% | 1h | 1,505.9 | +0.123% | $609K | $8.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0416% | 1h | 1,504.8 | +0.054% | $3.7M | $9.8M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0524% | 1h | 1,504.3 | +0.015% | $2.3M | $3.8M | 15x | as long as short |
Ondo Perps ZEC-USD.P
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
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
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Lighter RH ZEC
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP