Funding you earn now, next payment 02:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Derive against 01 Exchange−0.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Derive is 0.122% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 6.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ZECUSD | 1,474.5 | 0.0032 | pay 0.0004% / 1h | 46m 34s | $8K | $9K | 5x |
| Short | Derive ZEC-PERP | 1,472.7 | 0.0100 | get 0.0013% / 1h | 46m 34s | $459K | $510K | 6.7x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against 01 Exchange. 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
- $14.28
- Price spread: −0.122% → 0.000%
- −$12.16
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$10.88
- Costs to cover
- 0.130%
- Break-even
- 12.3 days
Slippage unknown: 01 Exchange: no order-book sample; Derive: 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Derive no order-book sample | — | — | — | — | — |
01 Exchange and Derive: 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 | −0.3678% | 1h | 1,477.5 | +0.206% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,474.6 | +0.006% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0078% | 1h | 1,477.6 | +0.211% | $400K | $519K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,474.7 | +0.014% | $18.0M | $43.4M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,475.2 | +0.051% | $415K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.7 | +0.015% | $960K | $5.0M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,474.4 | −0.003% | $84K | $405K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,475.3 | +0.055% | $5.2M | — | 150x | as long as short |
| Variational Omni ZEC | +0.0010% | 8h | 1,477.5 | +0.206% | $48.2M | $33.5M | — | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.048% | $29.6M | $73.3M | 75x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,474.1 | −0.030% | $294K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSDlong | +0.0032% | 1h | 1,474.5 | long leg | $8K | $9K | 5x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,474.6 | +0.007% | $383K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,479.5 | +0.338% | $4.7M | $1.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0079% | 8h | 1,474.4 | −0.006% | $50.2M | $174.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0079% | 8h | 1,474.6 | +0.004% | $181.3M | $1.29B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,474.9 | +0.027% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.8 | +0.018% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,474.8 | +0.022% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476 | +0.106% | $2.7M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.3 | +0.055% | $768.0M | $449.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,475.3 | +0.056% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,475.3 | +0.052% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,474.6 | +0.008% | $683.3M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,474.5 | +0.002% | $272.1M | $626.1M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,474.8 | +0.020% | $218.8M | $792.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,475.5 | +0.068% | $103.9M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474.5 | +0.001% | $163.5M | $286.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,473.7 | −0.051% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.7 | +0.152% | $575K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476 | +0.100% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,475.5 | +0.071% | $429K | $905K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,474.2 | −0.018% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,474.3 | −0.013% | $342K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,474.5 | +0.003% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERPshort | +0.0100% | 1h | 1,472.7 | −0.122% | $459K | $510K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,476.4 | +0.131% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.7 | +0.014% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,474 | −0.037% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.1 | +0.041% | $3.8M | $5.2M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.6 | +0.011% | $897K | $17K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.2 | −0.018% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,474 | −0.036% | $51K | $164K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0179% | 1h | 1,475.1 | +0.042% | $607K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0216% | 1h | 1,477.1 | +0.178% | $2.1M | $7.0M | 10x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,476 | +0.103% | $682K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0328% | 1h | 1,476.2 | +0.114% | $19.3M | $48.0M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,475.1 | +0.042% | $856K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,476.1 | +0.108% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0556% | 1h | 1,475.9 | +0.094% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0743% | 1h | 1,475.5 | +0.071% | $44K | $46K | 10x | as long as short |
01 Exchange ZECUSD
Derive ZEC-PERP
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Variational Omni ZEC
BloFin ZEC-USDT
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Extended ZEC-USD
Deribit ZEC_USDC-PERPETUAL
Lighter RH ZEC
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD