Funding you earn now, next payment 01:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.006%
Price spread now: dYdX against Bybit+0.167%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.175%−$17 · spread now +0.167%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and dYdX is 0.158% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,469.6 | −0.0019 | get 0.0019% / 8h | 7h 28m | $273.9M | $634.0M | 75x |
| Short | dYdX ZEC-USD | 1,472.1 | 0 | get 0.0000% / 1h | 28m 14s | $415K | $103K | 5x |
Bybit ZECUSDT
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- $4.01
- Price spread: +0.167% → +0.009%
- $15.76
- Slippage, 4 orders
- −$77.44
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$78.67
- Costs to cover
- 0.984%
- Break-even
- 144.4 days
Slippage from Bybit: live order book, 1 min ago; dYdX: live order book, 46 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 Bybit live order book, 1 min ago | 0.03 bp | 6.4 bp −$6 | 8.1 bp −$81 | 16.4 bp −$1,639 | 31.1 bp −$15.5K |
| Sell dYdX live order book, 46 min ago | 36.13 bp | 43.2 bp −$43 | 54.7 bp −$547 | 226.8 bp −$22.7K | 663.6 bp −$331.8K |
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 | 1,472.4 | +0.186% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0343% | 1h | 1,470.5 | +0.059% | $17.8M | $43.0M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0113% | 1h | 1,467.9 | −0.118% | $399K | $517K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0109% | 8h | 1,470.3 | +0.048% | $29.7M | $73.1M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.1 | +0.170% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0053% | 8h | 1,469 | −0.040% | $47.6M | $33.8M | — | as long as short |
| Bybit ZECUSDTlong | −0.0019% | 8h | 1,469.6 | long leg | $273.9M | $634.0M | 75x | |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,472.1 | +0.167% | $415K | $103K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,472.1 | +0.169% | $959K | $5.2M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.2 | +0.176% | $84K | $405K | 10x | 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
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,471.5 | +0.125% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,470.8 | +0.078% | $294K | $1.3M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0016% | 1h | 1,471.6 | +0.133% | $8K | $8K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0030% | 1h | 1,471.5 | +0.127% | $605K | $1.3M | 25x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0050% | 8h | 1,469.8 | +0.011% | $181.9M | $1.30B | 50x | as long as short |
| Phoenix ZEC | +0.0054% | 1h | 1,470.8 | +0.078% | $4.7M | $1.6M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,471.4 | +0.119% | $378K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,472.1 | +0.169% | $175K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,472 | +0.163% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.1 | +0.164% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.4 | +0.189% | $2.6M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,471.4 | +0.120% | $763.1M | $455.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,472.2 | +0.176% | $14.9M | $31.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.3 | +0.178% | $1.7M | $2.8M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,470.7 | +0.074% | $684.8M | $2.37B | 75x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,473.4 | +0.257% | $698K | $8.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,470.5 | +0.059% | $51.3M | $179.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.2 | +0.040% | $231.4M | $826.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.2 | +0.103% | $104.8M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,469.8 | +0.012% | $163.5M | $292.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,469.9 | +0.015% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.6 | −0.001% | $572K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.9 | +0.087% | $3.0M | $454K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469.9 | +0.016% | $430K | $866K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.2 | +0.040% | $110K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,472.1 | +0.167% | $341K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,471.6 | +0.131% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.3 | −0.020% | $458K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,474.3 | +0.319% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.5 | +0.058% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.9 | +0.153% | $2.5M | $21.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,471 | +0.093% | $3.9M | $5.3M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,471.7 | +0.140% | $895K | $24K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.8 | +0.077% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471 | +0.095% | $56K | $167K | 20x | as long as short |
| Lighter ZEC | +0.0200% | 1h | 1,471.7 | +0.139% | $19.2M | $50.4M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,472.9 | +0.221% | $853K | $1.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,472.9 | +0.220% | $3.8M | $10.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0539% | 1h | 1,471.3 | +0.112% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0772% | 1h | 1,471.9 | +0.151% | $44K | $46K | 10x | as long as short |
| Lighter RH ZEC | +0.0800% | 1h | 1,472.7 | +0.208% | $2.0M | $8.1M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
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
Bulk ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD
Lighter RH ZEC