Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.003%
Price spread now: Deribit against SunX−0.086%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1361.356% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 3 days (all we have)+0.423%+$42 · spread now −0.086%, 7d avg −0.031%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.055% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ZEC-USDT | 1,463.7 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $3K | $1.3M | 20x |
| Short | Deribit ZEC_USDC-PERPETUAL | 1,462.4 | 0 | get 0.0000% / 1h | 3m 55s | $595K | $1.3M | 25x |
SunX ZEC-USDT
Deribit ZEC_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against SunX. 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
- −$21
- Price spread: −0.086% → −0.031%
- −$5.49
- Slippage, 4 orders
- −$120.56
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$162.05
- Costs to cover
- 1.356%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; Deribit: live order book, 5 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 SunX live order book, 10 min ago | 29.01 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 5 min ago | 3.94 bp | 7.5 bp −$7 | 13.2 bp −$132 | 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 | −0.3476% | 1h | 1,446.2 | −1.198% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0091% | 8h | 1,460 | −0.249% | $28.9M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461.6 | −0.139% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,461.6 | −0.143% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDT | −0.0033% | 8h | 1,461 | −0.184% | $269.3M | $678.6M | 75x | as long as short |
| Variational Omni ZEC | −0.0014% | 8h | 1,458.9 | −0.327% | $45.7M | $33.4M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | −0.193% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462 | −0.116% | $935K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,461.3 | −0.161% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALshort | 0.0000% | 1h | 1,462.4 | −0.086% | $595K | $1.3M | 25x |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,462 | −0.114% | $5.2M | — | 150x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0011% | 1h | 1,457.9 | −0.395% | $396K | $515K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0014% / S +0.0075% | 1h | 1,461.9 | −0.120% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,461.7 | −0.134% | $293K | $1.5M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,462 | −0.117% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0056% | 8h | 1,462 | −0.118% | $49.9M | $191.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,462 | −0.114% | $175.0M | $1.37B | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,461.9 | −0.124% | $13K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,463.3 | −0.026% | $18.9M | $54.8M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,461.5 | −0.146% | $174K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,461.6 | −0.142% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.2 | −0.100% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,462.9 | −0.053% | $758.4M | $495.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462.2 | −0.102% | $15.4M | $33.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.1 | −0.105% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,462 | −0.115% | $668.7M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,462 | −0.113% | $222.2M | $900.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,462.2 | −0.101% | $103.3M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,462.1 | −0.109% | $161.7M | $312.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,461.2 | −0.169% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,462.6 | −0.075% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,458.9 | −0.329% | $508K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,459.2 | −0.305% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,460.1 | −0.242% | $429K | $815K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,461.7 | −0.139% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461.6 | −0.142% | $343K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,461.5 | −0.148% | $128K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,460.3 | −0.228% | $446K | $498K | 6.7x | as long as short |
| SunX ZEC-USDTlong | +0.0100% | 8h | 1,463.7 | long leg | $3K | $1.3M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.7 | −0.133% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461.3 | −0.160% | $2.4M | $24.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.6 | −0.145% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.477% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,462 | −0.113% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,462.4 | −0.085% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.7 | −0.138% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,462.3 | −0.097% | $844K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,464 | +0.024% | $3.7M | $11.7M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0493% | 1h | 1,460.8 | −0.200% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,462.5 | −0.084% | $742K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0560% | 1h | 1,463.8 | +0.011% | $2.0M | $8.5M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC