Funding you earn now, next payment 01:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.020%
Price spread now: RISEx against Bulk−0.131%7-day average +0.056% · 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−$35as in the Price arb table
costs, in and out, $10k−$160.163% of the position
Funding, last 3 days (all we have)+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.131%, 7d avg +0.056%
=Funding pays, the price is against you. RISEx is 0.188% cheaper against Bulk than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of +0.056%). If the spread goes back, that is −$19 on $10k: about 4.9 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk ZEC-USD | 1,471.7 | 0.0100 | pay 0.0013% / 1h | 26m 35s | $895K | $24K | 10x |
| Short | RISEx ZEC/USDC | 1,469.8 | 0.0228 | get 0.0029% / 1h | 26m 35s | $852K | $1.1M | 10x |
Bulk ZEC-USD
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Bulk. 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
- $26.93
- Price spread: −0.131% → +0.056%
- −$18.78
- Slippage, 4 orders
- −$3.33
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$8.18
- Costs to cover
- 0.163%
- Break-even
- 9.1 days
Slippage from Bulk: live order book, 47 min ago; RISEx: live order book, 2 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 Bulk live order book, 47 min ago | 0.03 bp | 3.5 bp −$4 | 3.7 bp −$37 | 6.6 bp −$656 | 13.4 bp −$6,720 |
| Sell RISEx live order book, 2 min ago | 1.63 bp | 4.6 bp −$5 | 10.6 bp −$106 | 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 | −0.3321% | 1h | 1,471.8 | +0.005% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470.3 | −0.095% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0110% | 1h | 1,466.9 | −0.326% | $399K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0109% | 8h | 1,469.8 | −0.128% | $29.7M | $73.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,469.3 | −0.161% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0053% | 8h | 1,469 | −0.180% | $47.6M | $33.8M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.1 | −0.180% | $414K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.8 | −0.062% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.6 | −0.141% | $83K | $405K | 10x | as long as short |
| Bybit ZECUSDT | +0.0006% | 8h | 1,469 | −0.186% | $273.7M | $633.5M | 75x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Bybit ZECUSDTShow 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 | 1,470 | −0.114% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,469 | −0.182% | $8K | $8K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,469.7 | −0.133% | $293K | $1.2M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0051% | 8h | 1,468.7 | −0.203% | $181.8M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,473.1 | +0.098% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,469.9 | −0.121% | $378K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469 | −0.183% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,468.9 | −0.192% | $20K | $838K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.3 | −0.164% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.2 | −0.173% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.9 | −0.122% | $762.3M | $455.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.8 | −0.197% | $14.9M | $31.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.2 | −0.170% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,469.2 | −0.171% | $684.1M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,470.8 | −0.059% | $700K | $8.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,469 | −0.186% | $51.2M | $179.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.8 | −0.199% | $230.9M | $826.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,469 | −0.183% | $104.4M | $55.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.2 | −0.171% | $163.5M | $292.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,468.9 | −0.193% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470.8 | −0.059% | $572K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.9 | −0.053% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470.1 | −0.111% | $430K | $868K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.6 | −0.078% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,470 | −0.116% | $340K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,470 | −0.113% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,468.1 | −0.242% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.5 | +0.051% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,469.9 | −0.125% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,470.1 | −0.110% | $2.5M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.4 | −0.092% | $3.9M | $5.3M | 50x | as long as short |
| Bulk ZEC-USDlong | +0.0100% | 1h | 1,471.7 | long leg | $895K | $24K | 10x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,469 | −0.182% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,469.9 | −0.119% | $55K | $168K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0138% | 1h | 1,470.7 | −0.067% | $605K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0208% | 1h | 1,470.6 | −0.073% | $19.2M | $50.4M | 20x | as long as short |
| RISEx ZEC/USDCshort | +0.0228% | 1h | 1,469.8 | −0.131% | $852K | $1.1M | 10x | |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,472.1 | +0.027% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0539% | 1h | 1,470.1 | −0.112% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0771% | 1h | 1,471.3 | −0.026% | $44K | $46K | 10x | as long as short |
| Lighter RH ZEC | +0.0792% | 1h | 1,471.3 | −0.025% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDC
OKX ZEC-USDT-SWAP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Arcus ZEC-USD
Gate ZEC_USDT
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
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC