ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0051%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.018%

Price spread now: Deribit against RISEx−0.120%7-day average +0.034% · 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−$45as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.173%−$17 on $10k

Price spread, last 4 days (all we have)+0.353%+$35 · spread now −0.120%, 7d avg +0.034%

Together, before fees+0.180%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.154% cheaper against RISEx than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.034%). If the spread goes back, that is −$15 on $10k: about 10 days of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.173%, 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	RISEx ZEC/USDC	1,505.3	0.0129	pay 0.0016% / 1h	14m 37s	$942K	$1.1M	10x
Short	Deribit ZEC_USDC-PERPETUAL	1,503.5	0.0180	get 0.0022% / 1h	14m 37s	$687K	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against RISEx. 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 RISExbpFee DeribitbpOrdersPrice spread, now −0.120%Rate

Funding earned: $10.62
Price spread: −0.120% → +0.034%: −$15.39
Slippage, 4 orders: −$16.36
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$34.13
Costs to cover: 0.294%
Break-even: 29.5 days

Slippage from RISEx: live order book, 4 min ago; Deribit: live order book, 4 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 RISEx live order book, 4 min ago	2.07 bp	5.1 bp −$5	10.0 bp −$100	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	5.74 bp	9.2 bp −$9	15.7 bp −$157	doesn't fit	doesn't fit

ZEC on 50 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	1,478.1	−1.810%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,499.9	−0.363%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0171%	8h	1,503.4	−0.129%	$30.5M	$75.4M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0096%	1h	1,503.8	−0.105%	$18.2M	$46.4M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,499.1	−0.417%	$6K	$1K	10x	as long as short
Bulk ZEC-USD	−0.0051%	1h	1,487.2	−1.208%	$898K	$9K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,499.7	−0.374%	$417K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,501.9	−0.231%	$1.6M	$4.6M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,501.8	−0.233%	$5.3M	—	150x	as long as short
Aftermath Perps ZECUSD	+0.0051%	1h	1,493.2	−0.805%	$48K	$64K	10x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0079%	8h	1,502.7	−0.178%	$303K	$1.1M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,500	−0.357%	$171K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,504.4	−0.063%	$12K	$879K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,499.8	−0.368%	$3.0M	$7.3M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,504.7	−0.040%	$14.0M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,505.5	+0.011%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,505.6	+0.017%	$701.5M	$2.31B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,504.6	−0.049%	$269.3M	$633.4M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,505	−0.023%	$183.9M	$1.34B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,497.5	−0.520%	$410K	$522K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,504.9	−0.028%	$55.2M	$185.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,505.4	+0.001%	$249.6M	$794.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,505.5	+0.012%	$103.5M	$57.5M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,504.8	−0.037%	$161.9M	$289.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,505.1	−0.019%	—	$116.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,498.8	−0.431%	$49.0M	$34.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,499.3	−0.400%	$574K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,497.4	−0.527%	$3.1M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,501.6	−0.247%	$413K	$941K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,498.9	−0.427%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,500.9	−0.294%	$360K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,503.5	−0.124%	$165K	$184K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,504.3	−0.067%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503	−0.158%	$256K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,502.9	−0.161%	$2.7M	$20.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,503.2	−0.139%	$4.0M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,505.2	−0.008%	$62K	$43K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,505.2	−0.011%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,502.7	−0.174%	$43K	$152K	20x	as long as short
01 Exchange ZECUSD	+0.0128%	1h	1,500.8	−0.298%	$8K	$7K	5x	as long as short
RISEx ZEC/USDClong	+0.0129%	1h	1,505.3	long leg	$942K	$1.1M	10x
GMX ZEC/USD [WBTC.b-USDC]	L +0.0133% / S −0.0126%	1h	1,502.1	−0.217%	$398K	—	100x	as long as short
Phoenix ZEC	+0.0134%	1h	1,501.5	−0.255%	$4.8M	$1.4M	10x	as long as short
Deribit ZEC_USDC-PERPETUALshort	+0.0180%	1h	1,503.5	−0.120%	$687K	$1.4M	25x
Hyperliquid ZEC	+0.0197%	1h	1,506.5	+0.078%	$783.9M	$444.7M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0220%	1h	1,504.8	−0.037%	$2.4M	$3.9M	15x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,505.5	+0.011%	$607K	$8.7M	10x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,507.2	+0.122%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0296%	1h	1,506.7	+0.091%	$19.8M	$46.5M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,503	−0.155%	$3.7M	$10.1M	50x	as long as short