Funding you earn now, next payment 23:00 UTC−0.3410%/8h= −373.4% APRpaid last 24h −0.409%
Price spread now: Injective against Aster+0.081%77s7-day average +0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)−1.096%−$110 on $10k
+Price spread, last 3 days (all we have)+0.685%+$69 · spread now +0.081%, 7d avg +0.109%
=Together, before fees−0.411%+ Points / potential airdropAster: Stage 5 · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$102 a day on $10k at the current rate, and Injective is 0.028% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.109%). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -1.096% in total (about -75.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ZECUSDT | 1,462.7 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $15.6M | $33.1M | 75x |
| Short | Injective ZEC/USDC PERP | 1,463.8 | −0.3310 | pay 0.0414% / 1h | 30m 07s | $34K | $275K | 12x |
Aster ZECUSDT
Injective ZEC/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Aster. 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
- −$716.04
- Price spread: +0.081% → +0.109%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$726.86
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 4 min ago; Injective: live order book, 54 min ago. 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 Aster live order book, 4 min ago | 0.41 bp | 5.8 bp −$6 | 7.9 bp −$79 | 24.0 bp −$2,400 | doesn't fit |
| Sell Injective live order book, 54 min ago | 50.93 bp | doesn't fit | doesn't fit | 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 PERPshort | −0.3310% | 1h | 1,463.8 | +0.081% | $34K | $275K | 12x | |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,462.9 | +0.017% | $17.8M | $45.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0219% | 1h | 1,460.2 | −0.168% | $397K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,461.9 | −0.049% | $29.2M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.9 | +0.019% | $6K | $2K | 10x | as long as short |
| Bulk ZEC-USD | −0.0065% | 1h | 1,462.1 | −0.038% | $902K | $27K | 10x | as long as short |
| Bybit ZECUSDT | −0.0054% | 8h | 1,462.4 | −0.015% | $271.2M | $673.5M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,463 | +0.021% | $46.5M | $33.7M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,463.3 | +0.046% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.3 | −0.022% | $412K | $104K | 5x | as long as short |
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bulk ZEC-USD
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXZECPERP | 0.0000% | 8h | 1,462.8 | +0.010% | $884K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,462.8 | +0.012% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.4 | +0.053% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,462.6 | −0.003% | $292K | $1.4M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0029% | 1h | 1,462.7 | +0.003% | $429K | $821K | 50x | as long as short |
| Gate ZEC_USDT | +0.0046% | 8h | 1,462.8 | +0.009% | $49.8M | $185.4M | 75x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0047% | 1h | 1,463.5 | +0.056% | $595K | $1.3M | 25x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0049% | 8h | 1,463.4 | +0.048% | $176.3M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,463.6 | +0.066% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464 | +0.090% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.7 | +0.003% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,463.1 | +0.028% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.5 | −0.011% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.4 | −0.014% | $2.5M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,463.8 | +0.079% | $758.8M | $485.1M | 10x | as long as short |
| Aster ZECUSDTlong | +0.0100% | 8h | 1,462.7 | long leg | $15.6M | $33.1M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,463 | +0.027% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.1 | +0.031% | $674.3M | $2.49B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,462.9 | +0.020% | $221.6M | $863.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,462.8 | +0.010% | $103.6M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.1 | +0.031% | $161.9M | $306.3M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.2 | −0.034% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.1 | −0.036% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.6 | +0.065% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,464.1 | +0.101% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,462.6 | −0.003% | $343K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.8 | +0.009% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,461.2 | −0.101% | $446K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,465.1 | +0.168% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,462.7 | +0.005% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,461.8 | −0.055% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,463.4 | +0.049% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.4 | +0.053% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,462.9 | +0.014% | $36K | $367K | 20x | as long as short |
| Lighter ZEC | +0.0128% | 1h | 1,464.3 | +0.111% | $19.0M | $52.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0181% | 1h | 1,463.6 | +0.063% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.4 | +0.050% | $841K | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,464.9 | +0.152% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465 | +0.163% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,464.2 | +0.104% | $734K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0557% | 1h | 1,464.1 | +0.099% | $40K | $34K | 10x | as long as short |
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Gate ZEC_USDT
Deribit ZEC_USDC-PERPETUAL
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
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
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD