ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Bulk against Popdex−0.315%57s7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$160.158% of the position

Long on Popdex Short on Bulk

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.315%, 7d avg −0.029%

Together, before fees+0.304%+$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.287% cheaper against Popdex than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.029%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex ZECUSDT	1,477.1	0.0096	pay 0.0012% / 1h	28m 36s	$173K	$1.6M	50x
Short	Bulk ZEC-USD	1,472.4	0.0100	get 0.0013% / 1h	28m 36s	$889K	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PopdexbpFee BulkbpOrdersPrice spread, now −0.315%Rate

Funding earned: $0.84
Price spread: −0.315% → −0.029%: −$28.65
Slippage, 4 orders: −$2.45
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$43.66
Costs to cover: 0.158%
Break-even: 370.8 days

Slippage from Popdex: live order book, 1 min ago; Bulk: live order book, 20 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 Popdex live order book, 1 min ago	0.68 bp	4.2 bp −$4	11.7 bp −$117	doesn't fit	doesn't fit
Sell Bulk live order book, 20 min ago	0.34 bp	3.8 bp −$4	4.6 bp −$46	7.3 bp −$727	14.3 bp −$7,141

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	−0.3243%	1h	1,473.3	−0.257%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0088%	8h	1,476.8	−0.020%	$30.0M	$71.5M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.9	−0.284%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,475.1	−0.134%	$410K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.4	−0.045%	$1.6M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.8	−0.083%	$84K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0007%	1h	1,476.9	−0.012%	$5.3M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0062%	8h	1,477	−0.002%	$295K	$896K	20x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,477.1	+0.001%	$8K	$7K	5x	as long as short
Bybit ZECUSDT	+0.0091%	8h	1,477	−0.003%	$262.3M	$591.1M	75x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0092%	1h	1,473.3	−0.254%	$4.7M	$1.3M	10x	as long as short
Popdex ZECUSDTlong	+0.0096%	1h	1,477.1	long leg	$173K	$1.6M	50x
GMX ZEC/USD [WBTC.b-USDC]	L +0.0098% / S −0.0052%	1h	1,476.7	−0.025%	$440K	—	100x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,477.1	0.000%	$13K	$817K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.3	+0.017%	$61K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,476.7	−0.022%	$2.9M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,474.5	−0.174%	$767.3M	$420.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,475.4	−0.110%	$14.4M	$28.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,475.7	−0.095%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,476.3	−0.055%	$682.0M	$2.17B	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,476.5	−0.040%	$178.9M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,475.6	−0.100%	$399K	$433K	5x	as long as short
Bulk ZEC-USDshort	+0.0100%	1h	1,472.4	−0.315%	$889K	$15K	10x
Gate ZEC_USDT	+0.0100%	8h	1,476.5	−0.041%	$53.3M	$171.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,476.9	−0.011%	$226.5M	$763.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474	−0.207%	$103.6M	$52.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,476.7	−0.028%	$167.0M	$268.1M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,476.7	−0.026%	—	$109.4M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,471.5	−0.379%	$48.3M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,469	−0.546%	$555K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474	−0.206%	$3.0M	$455K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,470.8	−0.425%	$407K	$926K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,472.8	−0.292%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476.9	−0.012%	$363K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,477.5	+0.030%	$163K	$186K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,475.6	−0.097%	$450K	$506K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,479.2	+0.143%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,476.8	−0.016%	$236K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475.9	−0.083%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,477	−0.005%	$3.9M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,476.7	−0.023%	$2.8M	$7.8M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,476.9	−0.008%	$46K	$152K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0126%	1h	1,477.5	+0.031%	$622K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0144%	1h	1,477.6	+0.037%	$2.1M	$7.1M	10x	as long as short
Kraken Futures PF_ZECUSD	+0.0146%	1h	1,476.6	−0.030%	$18.1M	$45.6M	25x	as long as short
RISEx ZEC/USDC	+0.0154%	1h	1,478.2	+0.079%	$933K	$1.1M	10x	as long as short
Lighter ZEC	+0.0192%	1h	1,477.5	+0.032%	$19.6M	$44.0M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0393%	1h	1,477.9	+0.056%	$2.4M	$3.7M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0496%	1h	1,479.4	+0.160%	$3.7M	$9.3M	50x	as long as short
Arcus ZEC-USD	+0.0508%	1h	1,478.4	+0.088%	$662K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0719%	1h	1,471.7	−0.367%	$45K	$49K	10x	as long as short