Funding you earn now, next payment 00:00 UTC−0.0325%/8h= −35.6% APRpaid last 24h −0.019%
Price spread now: Kraken Futures against Aster+0.024%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 5 days (all we have)−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)+0.353%+$35 · spread now +0.024%, 7d avg +0.054%
=Together, before fees+0.277%+ Points / potential airdropAster: Stage 5 · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.030% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.054%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.076% in total (about -5.2% 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 | 1,469.5 | 0.0100 | pay 0.0100% / 8h | 23m 10s | $14.9M | $32.7M | 75x |
| Short | Kraken Futures PF_ZECUSD | 1,469.8 | −0.0225 | pay 0.0028% / 1h | 23m 10s | $17.9M | $44.4M | 25x |
Aster ZECUSDT
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$68.29
- Price spread: +0.024% → +0.054%
- −$3.05
- Slippage, 4 orders
- −$10.98
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$100.32
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Aster: live order book, 6 min ago; Kraken Futures: live order book, 1 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 Aster live order book, 6 min ago | 0.54 bp | 6.0 bp −$6 | 6.7 bp −$67 | 19.1 bp −$1,913 | 80.2 bp −$40.1K |
| Sell Kraken Futures live order book, 1 min ago | 0.03 bp | 10.3 bp −$10 | 15.7 bp −$157 | 22.6 bp −$2,257 | 108.4 bp −$54.2K |
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 | −0.3089% | 1h | 1,468.5 | −0.069% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0268% | 1h | 1,466.3 | −0.216% | $399K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSDshort | −0.0225% | 1h | 1,469.8 | +0.024% | $17.9M | $44.4M | 25x | |
| Bybit ZECUSDT | −0.0116% | 8h | 1,469.3 | −0.012% | $274.5M | $654.2M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0108% | 8h | 1,469.3 | −0.012% | $29.7M | $75.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.5 | −0.064% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,471.8 | +0.155% | $46.8M | $33.9M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0008% | 1h | 1,470.7 | +0.082% | $431K | $842K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.6 | −0.131% | $413K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,469.3 | −0.014% | $958K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Bybit ZECUSDT
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,467.9 | −0.107% | $83K | $407K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.5 | +0.003% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,468.1 | −0.093% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,469.7 | +0.016% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | +0.088% | $4.6M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,469.8 | +0.020% | $180.6M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0043% | 8h | 1,469.7 | +0.012% | $50.6M | $186.9M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.6 | +0.006% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,471.5 | +0.135% | $19.2M | $52.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,468.1 | −0.091% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,467.1 | −0.160% | $13K | $834K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.3 | −0.082% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.1 | −0.091% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,470.5 | +0.069% | $762.1M | $472.3M | 10x | as long as short |
| Aster ZECUSDTlong | +0.0100% | 8h | 1,469.5 | long leg | $14.9M | $32.7M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,468.8 | −0.045% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.023% | $683.7M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,469.7 | +0.018% | $707K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.019% | $894K | $39K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,469.8 | +0.020% | $231.9M | $840.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469.9 | +0.027% | $103.5M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.021% | $163.0M | $301.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.4 | −0.071% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.4 | −0.005% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,473.2 | +0.250% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467.9 | −0.110% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,468.2 | −0.087% | $342K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,469.2 | −0.022% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.3 | −0.083% | $458K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.6 | +0.005% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.7 | +0.015% | $238K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,469 | −0.033% | $2.5M | $22.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.1 | +0.043% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.2 | +0.049% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.1 | +0.044% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,469 | −0.035% | $824K | $1.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0188% | 1h | 1,470.8 | +0.087% | $613K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0409% | 1h | 1,470.6 | +0.073% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,471 | +0.105% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0464% | 1h | 1,472.1 | +0.178% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0737% | 1h | 1,470.8 | +0.088% | $45K | $47K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
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
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD