ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.017%

Price spread now: Popdex against RISEx+0.010%7-day average −0.021% · 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−$15as in the Price arb table

costs, in and out, $10k−$180.179% of the position

Long on RISEx Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.197%−$20 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.010%, 7d avg −0.021%

Together, before fees−0.196%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.031% dearer against RISEx than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.021%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx ZEC/USDC	1,464.9	0.0216	pay 0.0027% / 1h	5m 57s	$926K	$1.1M	10x
Short	Popdex ZECUSDT	1,465.1	0.0096	get 0.0012% / 1h	5m 57s	$174K	$1.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 PopdexbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$25.19
Price spread: +0.010% → −0.021%: $3.13
Slippage, 4 orders: −$5.51
Fee RISEx: 3 bp × 2 orders: −$6
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$39.98
Costs to cover: 0.179%
Break-even: never at this rate

Slippage from RISEx: live order book, 3 min ago; Popdex: live order book, 3 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, 3 min ago	2.15 bp	5.2 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell Popdex live order book, 3 min ago	0.24 bp	3.8 bp −$4	10.4 bp −$104	doesn't fit	doesn't fit

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	−0.3042%	1h	1,447	−1.225%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,464.7	−0.019%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,464	−0.064%	$29.6M	$70.7M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,464.8	−0.010%	$407K	$37K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,465	+0.004%	$84K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,465.2	+0.018%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0062%	8h	1,466.7	+0.118%	$293K	$900K	20x	as long as short
Ondo Perps ZEC-USD.P	+0.0068%	1h	1,462.1	−0.194%	$397K	$436K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0089% / S −0.0041%	1h	1,465.1	+0.013%	$437K	—	100x	as long as short
Popdex ZECUSDTshort	+0.0096%	1h	1,465.1	+0.010%	$174K	$1.6M	50x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps ZEC-USD	+0.0100%	8h	1,466	+0.070%	$14K	$801K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,465	+0.004%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,465.4	+0.029%	$2.9M	$6.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,466	+0.072%	$14.6M	$27.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,465.2	+0.018%	$1.7M	$2.3M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,465.9	+0.062%	$674.6M	$2.17B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,465.3	+0.022%	$262.5M	$586.2M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,465.5	+0.037%	$179.4M	$1.21B	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,460.6	−0.296%	$882K	$17K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,466.7	+0.118%	$52.5M	$173.6M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,466.5	+0.105%	$219.8M	$775.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,466.7	+0.123%	$103.4M	$53.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,465.7	+0.054%	$166.5M	$267.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,465.7	+0.053%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,465.8	+0.061%	$48.1M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,463.3	−0.114%	$569K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,463.7	−0.083%	$3.0M	$453K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,463	−0.130%	$404K	$920K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,464.4	−0.039%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,465.1	+0.011%	$359K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,465.1	+0.013%	$161K	$186K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.2	+0.018%	$447K	$504K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,467.5	+0.171%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,466.5	+0.107%	$235K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,465.2	+0.019%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,466.2	+0.087%	$3.9M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,465.5	+0.037%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,465	+0.007%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0116%	1h	1,464.7	−0.015%	$4.7M	$1.3M	10x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,465.3	+0.024%	$8K	$7K	5x	as long as short
Lighter RH ZEC	+0.0128%	1h	1,468	+0.211%	$2.1M	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0132%	1h	1,467.5	+0.177%	$618K	$1.3M	25x	as long as short
Kalshi KXZECPERP	+0.0148%	8h	1,465	+0.005%	$1.5M	$4.4M	2.2x	as long as short
Hyperliquid ZEC	+0.0149%	1h	1,468	+0.209%	$765.0M	$419.4M	10x	as long as short
Lighter ZEC	+0.0168%	1h	1,467.9	+0.199%	$19.3M	$45.6M	20x	as long as short
RISEx ZEC/USDClong	+0.0216%	1h	1,464.9	long leg	$926K	$1.1M	10x
Backpack ZEC_USDC_PERP	+0.0311%	1h	1,466.7	+0.118%	$2.4M	$3.8M	15x	as long as short
Kraken Futures PF_ZECUSD	+0.0330%	1h	1,466.6	+0.112%	$18.0M	$45.4M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,466	+0.075%	$674K	$8.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,468.7	+0.258%	$3.8M	$8.9M	50x	as long as short
Aftermath Perps ZECUSD	+0.0683%	1h	1,464.1	−0.056%	$45K	$49K	10x	as long as short