Funding you earn now, next payment 23:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h −0.025%
Price spread now: Orderly against StandX+0.126%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.376%−$38 on $10k
+Price spread, last 3 days (all we have)+0.310%+$31 · spread now +0.126%, 7d avg +0.006%
=Together, before fees−0.067%+ Points / potential airdropStandX: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.119% dearer against StandX than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.006%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX ZEC-USD | 1,470 | 0.0100 | pay 0.0013% / 1h | 4m 57s | $110K | $4.8M | 30x |
| Short | Orderly PERP_ZEC_USDC | 1,471.8 | 0.0009 | get 0.0009% / 8h | 1h 04m | $294K | $1.4M | 20x |
StandX ZEC-USD
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against StandX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.05
- Price spread: +0.126% → +0.006%
- $11.94
- Slippage, 4 orders
- no order book: not counted
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$21.11
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: StandX: live order book, 4 min ago; Orderly: 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 StandX live order book, 4 min ago | 5.04 bp | 9.2 bp −$9 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.3310% | 1h | 1,472 | +0.138% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0403% | 1h | 1,471.7 | +0.117% | $17.9M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0258% | 1h | 1,470.5 | +0.037% | $398K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0108% | 8h | 1,471.5 | +0.102% | $29.3M | $75.7M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.6 | +0.182% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0075% | 8h | 1,470.9 | +0.061% | $272.4M | $665.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0036% | 8h | 1,470.8 | +0.056% | $46.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.4 | +0.163% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,473 | +0.207% | $889K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.3 | +0.162% | $84K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,472.4 | +0.169% | $599K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,472.5 | +0.173% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0009% | 8h | 1,471.8 | +0.126% | $294K | $1.4M | 20x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0038% / S +0.0009% | 1h | 1,472.3 | +0.162% | $360K | — | 100x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,471.4 | +0.098% | $178.4M | $1.35B | 50x | as long as short |
| Gate ZEC_USDT | +0.0045% | 8h | 1,471.3 | +0.093% | $50.2M | $187.6M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,473 | +0.209% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,473.5 | +0.242% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.4 | +0.166% | $176K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,473 | +0.210% | $11K | $822K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.2 | +0.154% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,473.3 | +0.226% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.4 | +0.167% | $764.0M | $478.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.7 | +0.122% | $15.6M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.2 | +0.219% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.5 | +0.107% | $679.1M | $2.47B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.150% | $906K | $27K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.4 | +0.096% | $223.1M | $872.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.4 | +0.101% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.5 | +0.103% | $162.8M | $304.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.8 | +0.057% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.6 | −0.090% | $512K | $9.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,468.9 | −0.071% | $3.0M | $482K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.2 | −0.053% | $431K | $826K | 50x | as long as short |
| StandX ZEC-USDlong | +0.0100% | 1h | 1,470 | long leg | $110K | $4.8M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.4 | +0.167% | $348K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,472.1 | +0.144% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470.3 | +0.027% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.8 | +0.331% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.4 | +0.098% | $226K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.9 | +0.133% | $2.5M | $23.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.2 | +0.150% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,471.7 | +0.121% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.2 | +0.086% | $37K | $366K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,473.1 | +0.213% | $19.1M | $52.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,473 | +0.209% | $835K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0204% | 1h | 1,472.3 | +0.162% | $2.4M | $3.7M | 15x | as long as short |
| Lighter RH ZEC | +0.0408% | 1h | 1,473.5 | +0.244% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,474 | +0.278% | $3.8M | $11.5M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,473.5 | +0.244% | $715K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0605% | 1h | 1,470.4 | +0.030% | $41K | $34K | 10x | as long as short |
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD