Funding you earn now, next payment 12:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Popdex against Polymarket Perps+0.006%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.242% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 7 days−0.125%−$12 · spread now +0.006%, 7d avg +0.016%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ZEC-USD | 1,509 | 0.0100 | pay 0.0013% / 1h | 27m 38s | $394K | $1.4M | 10x |
| Short | Popdex ZECUSDT | 1,509.1 | 0.0096 | get 0.0012% / 1h | 27m 38s | $174K | $1.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Polymarket Perps. 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
- −$0.84
- Price spread: +0.006% → +0.016%
- −$1
- Slippage, 4 orders
- −$9.8
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$26.04
- Costs to cover
- 0.242%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Popdex: live order book, 5 min ago.
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 Polymarket Perps live order book, 4 min ago | 1.33 bp | 5.3 bp −$5 | 8.5 bp −$85 | 27.2 bp −$2,721 | doesn't fit |
| Sell Popdex live order book, 5 min ago | 3.02 bp | 7.0 bp −$7 | 15.9 bp −$159 | doesn't fit | doesn't fit |
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 | −0.3418% | 1h | 1,494.9 | −0.933% | $36K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,507.4 | −0.106% | $63K | $294K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0212% | 1h | 1,509.9 | +0.060% | $47K | $78K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0200% | 8h | 1,509.7 | +0.044% | $31.9M | $72.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0097% | 1h | 1,507.6 | −0.093% | $409K | $495K | 5x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,507.7 | −0.087% | $415K | $30K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,509.7 | +0.044% | $1.5M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,508.9 | −0.008% | $5.4M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,509.5 | +0.030% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0054% | 8h | 1,508.9 | −0.004% | $305K | $651K | 20x | as long as short |
Show all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0064% | 1h | 1,508.8 | −0.013% | $4.8M | $1.3M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0083% | 1h | 1,507.6 | −0.094% | $909K | $1.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0095% | 8h | 1,507.9 | −0.070% | $14.5M | $25.0M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,508.8 | −0.015% | $19.8M | $38.8M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,509 | +0.003% | $2.1M | $7.2M | 10x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,509.1 | +0.006% | $174K | $1.3M | 50x | |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,506.4 | −0.170% | $20K | $869K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,507.5 | −0.100% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,508.1 | −0.057% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,509.2 | +0.013% | $796.9M | $411.5M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,508 | −0.069% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,507.8 | −0.081% | $705.8M | $2.12B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,507.6 | −0.091% | $280.5M | $579.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,507.4 | −0.103% | $186.3M | $1.25B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,508.7 | −0.019% | $597K | $8.5M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,513.8 | +0.319% | $783K | $136K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,507.7 | −0.086% | $65.4M | $166.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,507.8 | −0.082% | $183.0M | $812.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,507.7 | −0.084% | $106.3M | $51.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,507.8 | −0.080% | $164.0M | $269.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,508 | −0.067% | — | $123.2M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,508.6 | −0.027% | $2.2M | $3.6M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,507.1 | −0.128% | $49.8M | $32.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508 | −0.070% | $551K | $8.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508 | −0.068% | $3.1M | $682K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,507.7 | −0.089% | $411K | $961K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,509.9 | +0.060% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USDlong | +0.0100% | 1h | 1,509 | long leg | $394K | $1.4M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,509.1 | +0.003% | $166K | $189K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,508.3 | −0.047% | $394K | $494K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.9 | +0.128% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,509 | +0.003% | $252K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,508.6 | −0.025% | $2.8M | $20.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,509.2 | +0.013% | $4.1M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,507.6 | −0.090% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,508.5 | −0.035% | $37K | $161K | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0177% | 1h | 1,509.3 | +0.019% | $18.7M | $45.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0211% / S −0.0234% | 1h | 1,508.8 | −0.013% | $350K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0300% | 1h | 1,510 | +0.066% | $698K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,510.2 | +0.079% | $4.0M | $9.3M | 50x | as long as short |
Polymarket Perps ZEC-USD
Popdex ZECUSDT
Injective ZEC/USDC PERP
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Phoenix ZEC
RISEx ZEC/USDC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk 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
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Kraken Futures PF_ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX