ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.026%

Price spread now: RISEx against SoDEX−0.042%7-day average +0.025% · 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−$26as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on SoDEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.205%+$20 on $10k

Price spread, last 4 days (all we have)−0.527%−$53 · spread now −0.042%, 7d avg +0.025%

Together, before fees−0.322%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and RISEx is 0.067% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.025%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.205%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ZEC-USD	1,504.1	0.0100	pay 0.0013% / 1h	11m 23s	$258K	$3.6M	10x
Short	RISEx ZEC/USDC	1,503.5	0.0077	get 0.0010% / 1h	11m 23s	$909K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against SoDEX. 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 SoDEXbpFee RISExbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$4.75
Price spread: −0.042% → +0.025%: −$6.72
Slippage, 4 orders: −$5.77
Fee SoDEX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$31.25
Costs to cover: 0.198%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; RISEx: live order book, just now.

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 SoDEX live order book, 1 min ago	1.33 bp	7.0 bp −$7	17.4 bp −$174	105.8 bp −$10.6K	doesn't fit
Sell RISEx live order book, just now	0.67 bp	3.7 bp −$4	7.6 bp −$76	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	−0.3772%	1h	1,480	−1.606%	$36K	$274K	12x	as long as short
BloFin ZEC-USDT	−0.0183%	8h	1,504	−0.013%	$31.6M	$74.7M	75x	as long as short
Aftermath Perps ZECUSD	−0.0097%	1h	1,502.6	−0.103%	$46K	$58K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,504.1	−0.003%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0063%	1h	1,503.2	−0.062%	$409K	$508K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,503.5	−0.043%	$8K	$6K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,503.6	−0.037%	$1.5M	$4.9M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,502.1	−0.135%	$63K	$301K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,503	−0.079%	$5.3M	—	150x	as long as short
dYdX ZEC-USD	+0.0009%	1h	1,503.2	−0.064%	$414K	$35K	5x	as long as short

Show all 50 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZECUSD	+0.0009%	1h	1,504.8	+0.042%	$18.5M	$46.6M	25x	as long as short
Orderly PERP_ZEC_USDC	+0.0074%	8h	1,502.5	−0.109%	$303K	$857K	20x	as long as short
RISEx ZEC/USDCshort	+0.0077%	1h	1,503.5	−0.042%	$909K	$1.3M	10x
Lighter ZEC	+0.0096%	1h	1,505.1	+0.063%	$19.8M	$41.3M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,505.2	+0.072%	$2.1M	$7.3M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,503.3	−0.058%	$173K	$1.6M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,503.4	−0.051%	$62K	$15K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,503.5	−0.043%	$19K	$880K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,504.4	+0.017%	$3.1M	$7.2M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,503.8	−0.023%	$788.5M	$431.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,502.5	−0.106%	$14.1M	$27.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,504.3	+0.013%	$1.7M	$2.1M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,502.9	−0.080%	$707.3M	$2.22B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,503	−0.079%	$276.1M	$593.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,503	−0.078%	$185.6M	$1.32B	50x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,504.5	+0.024%	$593K	$8.4M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,501.6	−0.171%	$778K	$158K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,503.4	−0.051%	$62.2M	$184.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,503.3	−0.058%	$177.8M	$851.8M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,503.6	−0.037%	$105.2M	$54.1M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,503.2	−0.062%	$164.1M	$283.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,501.8	−0.156%	—	$6.6M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,504.6	+0.033%	$2.2M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,499.9	−0.283%	$49.4M	$34.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,500.6	−0.235%	$549K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,504.4	+0.017%	$3.1M	$577K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,504.1	−0.006%	$411K	$959K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,504.9	+0.051%	$112K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,503.2	−0.062%	$371K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,502.9	−0.084%	$168K	$187K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,506.4	+0.153%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USDlong	+0.0100%	1h	1,504.1	long leg	$258K	$3.6M	10x
HTX ZEC-USDT	+0.0100%	8h	1,504	−0.012%	$2.7M	$20.6M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,504.6	+0.028%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,503.6	−0.038%	$2.7M	$7.3M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,504.2	+0.001%	$37K	$163K	20x	as long as short
Phoenix ZEC	+0.0139%	1h	1,504.4	+0.017%	$4.8M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0181% / S −0.0165%	1h	1,502.9	−0.086%	$373K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0253%	1h	1,505.3	+0.076%	$689K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0336%	1h	1,505.5	+0.093%	$3.9M	$9.6M	50x	as long as short