ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h −0.006%

Price spread now: GMX against Popdex+0.075%7-day average +0.030% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Popdex Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.119%−$12 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.075%, 7d avg +0.030%

Together, before fees−0.078%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.045% dearer against Popdex than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 3 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex ZECUSDT	1,495.4	0.0096	pay 0.0012% / 1h	35m 39s	$175K	$1.8M	50x
Short	GMX ZEC/USD [WBTC.b-USDC]	1,496.5	L +0.0146% / S −0.0154%	get 0.0019% / 1h	35m 39s	$360K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.075%Rate

Funding earned: $12.09
Price spread: +0.075% → +0.030%: $4.52
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.8
Costs to cover: 0.184%
Break-even: 8.0 days

Slippage unknown: Popdex: live order book, 4 min ago; GMX: no order-book sample. 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 Popdex live order book, 4 min ago	1.63 bp	5.6 bp −$6	12.4 bp −$124	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	1,504.2	+0.586%	$37K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,494.7	−0.048%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0153%	8h	1,495.9	+0.031%	$30.8M	$75.6M	75x	as long as short
Aftermath Perps ZECUSD	−0.0081%	1h	1,500	+0.305%	$48K	$59K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,496.1	+0.047%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,497.9	+0.164%	$416K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,497.4	+0.136%	$1.5M	$4.4M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,496.6	+0.080%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,497.2	+0.118%	$18.0M	$47.2M	25x	as long as short
Bulk ZEC-USD	+0.0021%	1h	1,505.9	+0.701%	$910K	$2K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZEC-USD.P	+0.0023%	1h	1,494	−0.094%	$408K	$560K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0066%	1h	1,497.4	+0.132%	$684K	$1.4M	25x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,496.6	+0.077%	$301K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0096%	1h	1,498.3	+0.193%	$4.8M	$1.4M	10x	as long as short
Popdex ZECUSDTlong	+0.0096%	1h	1,495.4	long leg	$175K	$1.8M	50x
Katana Perps ZEC-USD	+0.0098%	8h	1,495.1	−0.023%	$16K	$878K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,495.3	−0.008%	$62K	$28K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,496.8	+0.090%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,496.7	+0.086%	$781.9M	$444.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,495	−0.030%	$14.0M	$31.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,495.9	+0.032%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,495.5	+0.003%	$699.9M	$2.31B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,495.1	−0.022%	$268.7M	$623.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,495	−0.027%	$183.8M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,495.3	−0.006%	$56.1M	$183.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,495.4	−0.002%	$237.0M	$796.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,495.8	+0.025%	$102.9M	$57.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,495.3	−0.006%	$161.5M	$290.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,494.4	−0.071%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,495.9	+0.030%	$48.8M	$34.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,503.3	+0.527%	$575K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,503.3	+0.529%	$3.1M	$507K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,504.4	+0.601%	$414K	$946K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,496.5	+0.073%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,495.8	+0.026%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,496.5	+0.075%	$164K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,495.4	−0.002%	$457K	$489K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,499	+0.241%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,496.5	+0.074%	$253K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,495.6	+0.009%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,496.6	+0.078%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,495.4	+0.002%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,496.7	+0.089%	$43K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,495.9	+0.029%	$8K	$6K	5x	as long as short
Lighter RH ZEC	+0.0120%	1h	1,497.1	+0.112%	$2.1M	$7.4M	10x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,495.1	−0.023%	$941K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]short	L +0.0146% / S −0.0154%	1h	1,496.5	+0.075%	$360K	—	100x
Lighter ZEC	+0.0200%	1h	1,497.2	+0.118%	$19.8M	$45.5M	20x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,496	+0.036%	$612K	$8.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,497.9	+0.168%	$3.7M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0552%	1h	1,496.8	+0.094%	$2.3M	$3.9M	15x	as long as short