Funding you earn now, next payment 21:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.074%
Price spread now: Pacifica against Coinbase International−0.061%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.299%−$30 on $10k
+Price spread, last 3 days (all we have)−0.714%−$71 · spread now −0.061%, 7d avg −0.115%
=Together, before fees−1.013%+ Points / potential airdropPacifica: Active · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.054% dearer against Coinbase International than usual: you sell high and buy low (spread −0.061% now, against its 7-day average of −0.115%): +$5 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.299% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International ZEC-PERP-INTX | 1,457.8 | 0.0440 | pay 0.0055% / 1h | 20m 59s | $3.7M | $11.4M | 50x |
| Short | Pacifica ZEC | 1,456.9 | 0.0100 | get 0.0013% / 1h | 20m 59s | $1.6M | $3.0M | 10x |
Coinbase International ZEC-PERP-INTX
Pacifica ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- −$71.4
- Price spread: −0.061% → −0.115%
- $5.35
- Slippage, 4 orders
- −$18.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$102.91
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Pacifica: live order book, 3 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 Coinbase International live order book, 3 min ago | 1.99 bp | 10.5 bp −$10 | 15.8 bp −$158 | 44.8 bp −$4,478 | doesn't fit |
| Sell Pacifica live order book, 3 min ago | 0.10 bp | 7.7 bp −$8 | 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 PERP | −0.3476% | 1h | 1,433.1 | −1.690% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,456.9 | −0.061% | $28.8M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,455.2 | −0.178% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,456.9 | −0.061% | $17.7M | $44.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,456.2 | −0.104% | $410K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.1 | −0.049% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.2 | −0.108% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,457.6 | −0.012% | $593K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0005% | 8h | 1,459.3 | +0.103% | $45.7M | $33.1M | — | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,456.8 | −0.066% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Variational Omni ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0008% | 8h | 1,455.8 | −0.137% | $267.5M | $677.1M | 75x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,457 | −0.054% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0022% / S +0.0070% | 1h | 1,456.5 | −0.084% | $557K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,458 | +0.016% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0059% | 8h | 1,456.5 | −0.091% | $173.4M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0079% | 8h | 1,456.5 | −0.086% | $49.4M | $190.4M | 75x | as long as short |
| Aster ZECUSDT | +0.0092% | 8h | 1,457 | −0.053% | $15.3M | $34.5M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,457.3 | −0.035% | $13K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.6 | +0.055% | $18.8M | $54.5M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,457.3 | −0.034% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.3 | −0.104% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,456.6 | −0.079% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,457.1 | −0.045% | $752.7M | $494.3M | 10x | as long as short |
| Pacifica ZECshort | +0.0100% | 1h | 1,456.9 | −0.061% | $1.6M | $3.0M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.2 | −0.106% | $664.0M | $2.53B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,454.6 | −0.217% | $395K | $521K | 5x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,456.8 | −0.067% | $215.8M | $896.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457 | −0.052% | $103.1M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,456.6 | −0.080% | $161.2M | $313.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,456.2 | −0.106% | — | $101.4M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.2 | −0.038% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,454.7 | −0.211% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,455.5 | −0.154% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,455.5 | −0.158% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.4 | −0.097% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,457.1 | −0.046% | $347K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456 | −0.124% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,455.8 | −0.135% | $443K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,459.2 | +0.098% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.1 | −0.049% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.6 | −0.015% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,456.8 | −0.069% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.191% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,455.5 | −0.154% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.3 | −0.031% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,457.1 | −0.043% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.9 | +0.009% | $867K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTXlong | +0.0440% | 1h | 1,457.8 | long leg | $3.7M | $11.4M | 50x | |
| Aftermath Perps ZECUSD | +0.0445% | 1h | 1,455.8 | −0.135% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,458.7 | +0.064% | $750K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0640% | 1h | 1,459.2 | +0.096% | $1.9M | $8.5M | 10x | as long as short |
Bybit ZECUSDT
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Binance ZECUSDT
Ondo Perps ZEC-USD.P
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
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
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC