Funding you earn now, next payment 06:40 UTC+0.0547%/8h= +59.8% APRpaid last 24h +0.024%
Price spread now: StandX against Perpl+0.201%7-day average +0.064% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.372%−$37 · spread now +0.201%, 7d avg +0.064%
=Together, before fees−0.178%+ Points / potential airdropPerpl: Active · StandX: Active · farm board−$18 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 StandX is 0.137% dearer against Perpl than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.064%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.194% in total (about 10.1% 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 | 1,490.5 | −0.0447 | get 0.0040% / 43m | 6m 39s | $61K | $304K | 10x |
| Short | StandX ZEC-USD | 1,493.5 | 0.0100 | get 0.0013% / 1h | 0m 39s | $56K | $4.6M | 30x |
Perpl ZEC
StandX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- $114.77
- Price spread: +0.201% → +0.064%
- $13.68
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- $106.65
- Costs to cover
- 0.218%
- Break-even
- 0.5 days
Slippage unknown: Perpl: no order-book sample; StandX: live order book, 3 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 StandX live order book, 3 min ago | 3.81 bp | 9.8 bp −$10 | 11.1 bp −$111 | 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 | −0.3684% | 1h | 1,481 | −0.639% | $36K | $275K | 12x | as long as short |
| Perpl ZEClong | −0.0447% | 43m | 1,490.5 | long leg | $61K | $304K | 10x | |
| BloFin ZEC-USDT | −0.0144% | 8h | 1,491.1 | +0.040% | $30.8M | $75.0M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,491.5 | +0.067% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,493.1 | +0.171% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0017% | 1h | 1,494.4 | +0.260% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,490.1 | −0.029% | $414K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,493.1 | +0.175% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,492 | +0.103% | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0046% | 1h | 1,492.2 | +0.117% | $681K | $1.4M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0081% | 8h | 1,491.4 | +0.062% | $300K | $1.1M | 20x | as long as short |
| Bulk ZEC-USD | +0.0085% | 1h | 1,492.9 | +0.162% | $902K | $7K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,491.6 | +0.076% | $170K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,490.9 | +0.023% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,491.7 | +0.082% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,491.9 | +0.091% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,490.5 | 0.000% | $778.2M | $447.7M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,489.8 | −0.049% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,491.1 | +0.043% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,491 | +0.032% | $694.9M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,491.1 | +0.038% | $267.2M | $630.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,491.8 | +0.085% | $181.3M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | +0.242% | $407K | $554K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,491.2 | +0.046% | $55.0M | $187.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,491.3 | +0.052% | $243.1M | $801.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,491.3 | +0.053% | $102.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,491.8 | +0.086% | $160.4M | $289.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,490.6 | +0.009% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,489.9 | −0.040% | $48.8M | $34.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.8 | +0.286% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,493.7 | +0.216% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.6 | +0.340% | $412K | $943K | 50x | as long as short |
| StandX ZEC-USDshort | +0.0100% | 1h | 1,493.5 | +0.201% | $56K | $4.6M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,491.6 | +0.074% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,490.9 | +0.024% | $163K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.172% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,494.1 | +0.240% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,491.1 | +0.041% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,491.8 | +0.086% | $2.7M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,491.3 | +0.051% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.3 | +0.052% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,491.6 | +0.071% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,491.6 | +0.073% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,491.5 | +0.065% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.409% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0138% / S −0.0134% | 1h | 1,491.9 | +0.091% | $392K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0176% | 1h | 1,491.9 | +0.093% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,492.4 | +0.124% | $621K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,492.1 | +0.109% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0262% | 1h | 1,491.4 | +0.060% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,492.8 | +0.154% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Bulk ZEC-USD
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
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
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
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX