Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.008%
Price spread now: Popdex against BingX−0.005%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 3 days (all we have)+0.028%+$3 on $10k
+Price spread, last 7 days+0.015%+$2 · spread now −0.005%, 7d avg +0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDT | 1,467 | 0.0100 | pay 0.0100% / 8h | 24m 15s | — | $102.4M | — |
| Short | Popdex ZECUSDT | 1,466.9 | 0.0096 | get 0.0012% / 1h | 24m 15s | $175K | $1.9M | 50x |
BingX ZEC-USDT
Popdex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against BingX. 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
- −$0.84
- Price spread: −0.005% → +0.003%
- −$0.76
- Slippage, 4 orders
- −$0.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$18.73
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Popdex: 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 BingX live order book, 15 min ago | 0.10 bp | 5.1 bp −$5 | 5.2 bp −$52 | 13.4 bp −$1,336 | 23.4 bp −$11.7K |
| Sell Popdex live order book, 5 min ago | 0.10 bp | 3.4 bp −$3 | 5.8 bp −$58 | 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 | −0.3089% | 1h | 1,472.9 | +0.406% | $34K | $275K | 12x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0270% | 1h | 1,466.3 | −0.046% | $399K | $518K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0225% | 1h | 1,467.8 | +0.054% | $17.9M | $44.4M | 25x | as long as short |
| Bybit ZECUSDT | −0.0116% | 8h | 1,466.5 | −0.032% | $274.1M | $654.7M | 75x | as long as short |
| BloFin ZEC-USDT | −0.0102% | 8h | 1,470.8 | +0.262% | $29.7M | $75.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.3 | +0.024% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,471.8 | +0.326% | $46.8M | $33.9M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0006% | 1h | 1,470.3 | +0.224% | $431K | $842K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.6 | +0.040% | $413K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.6 | +0.112% | $901K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
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 | 1,466.5 | −0.033% | $83K | $407K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,467.6 | +0.045% | $612K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.4 | +0.026% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,466.8 | −0.009% | $294K | $1.4M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,466.9 | −0.008% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | +0.259% | $4.6M | $1.6M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0039% | 8h | 1,466.9 | −0.006% | $180.4M | $1.34B | 50x | as long as short |
| Gate ZEC_USDT | +0.0043% | 8h | 1,466.9 | −0.005% | $50.5M | $186.9M | 75x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0054% / S −0.0010% | 1h | 1,467.1 | +0.010% | $371K | — | 100x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,473.1 | +0.417% | $19.2M | $52.4M | 20x | as long as short |
| Popdex ZECUSDTshort | +0.0096% | 1h | 1,466.9 | −0.005% | $175K | $1.9M | 50x | |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,466.1 | −0.063% | $13K | $834K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,467 | −0.001% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.7 | +0.049% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.9 | +0.063% | $760.9M | $472.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.1 | +0.006% | $14.9M | $32.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.3 | +0.091% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.8 | −0.014% | $682.3M | $2.46B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,468.7 | +0.115% | $701K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,469.8 | +0.190% | $894K | $39K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.1 | +0.007% | $231.5M | $839.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467 | 0.000% | $103.3M | $56.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.3 | +0.025% | $162.7M | $301.3M | 75x | as long as short |
| BingX ZEC-USDTlong | +0.0100% | 8h | 1,467 | long leg | — | $102.4M | — | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.6 | +0.247% | $513K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,473.2 | +0.422% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.9 | +0.335% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.9 | −0.005% | $342K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.8 | −0.014% | $127K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.4 | −0.105% | $457K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469 | +0.138% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.4 | +0.029% | $237K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.6 | −0.027% | $2.5M | $22.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,468.1 | +0.075% | $3.8M | $5.3M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.3 | +0.024% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,466.5 | −0.031% | $37K | $366K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0132% | 1h | 1,467.5 | +0.037% | $823K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0414% | 1h | 1,472.3 | +0.364% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0432% | 1h | 1,469.4 | +0.164% | $3.8M | $10.6M | 50x | as long as short |
| Lighter RH ZEC | +0.0456% | 1h | 1,469.8 | +0.193% | $2.0M | $8.4M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0730% | 1h | 1,470.7 | +0.257% | $45K | $47K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
GMX ZEC/USD [WBTC.b-USDC]
Lighter ZEC
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
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
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Aftermath Perps ZECUSD