ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0123%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%

Price spread now: Aevo against Deribit−0.047%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$590.589% of the position

Long on Deribit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.047%, 7d avg −0.062%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit ZEC_USDC-PERPETUAL	1,499.7	0.0227	pay 0.0028% / 1h	0m 27s	$686K	$1.3M	25x
Short	Aevo ZEC-PERP	1,499	0.0104	get 0.0013% / 1h	0m 27s	$43K	$157K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee AevobpOrdersPrice spread, now −0.047%Rate

Funding earned: −$25.76
Price spread: −0.047% → −0.062%: $1.56
Slippage, 4 orders: −$35.95
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$83.15
Costs to cover: 0.589%
Break-even: never at this rate

Slippage from Deribit: live order book, 4 min ago; Aevo: live order book, 33 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 Deribit live order book, 4 min ago	4.71 bp	8.2 bp −$8	14.1 bp −$141	doesn't fit	doesn't fit
Sell Aevo live order book, 33 min ago	11.93 bp	22.0 bp −$22	24.3 bp −$243	doesn't fit	doesn't fit

ZEC on 50 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	−0.3702%	1h	1,478.9	−1.383%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,496.7	−0.197%	$61K	$307K	10x	as long as short
Aftermath Perps ZECUSD	−0.0240%	1h	1,498.9	−0.049%	$46K	$60K	10x	as long as short
BloFin ZEC-USDT	−0.0154%	8h	1,499.1	−0.037%	$31.7M	$75.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,498.7	−0.068%	$6K	$1K	10x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,499.9	+0.013%	$1.5M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,498	−0.112%	$5.3M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,499.1	−0.040%	$18.3M	$47.4M	25x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,498.9	−0.051%	$8K	$6K	5x	as long as short
dYdX ZEC-USD	+0.0064%	1h	1,498.1	−0.104%	$413K	$34K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0082%	1h	1,497.9	−0.121%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,497.7	−0.130%	$302K	$860K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,499.3	−0.023%	$19.5M	$46.2M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,499.4	−0.020%	$2.1M	$7.7M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,498.9	−0.052%	$176K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,498.1	−0.104%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,498.6	−0.069%	$15K	$885K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,498.3	−0.092%	$3.1M	$7.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,499.8	+0.009%	$786.0M	$445.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,497.6	−0.138%	$14.0M	$29.2M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,498.8	−0.055%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,498.2	−0.101%	$706.8M	$2.28B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,497.6	−0.137%	$273.1M	$606.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,497.8	−0.127%	$186.1M	$1.34B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,495.1	−0.305%	$407K	$529K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,499.9	+0.014%	$604K	$8.7M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,501.6	+0.125%	$772K	$147K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,498.2	−0.101%	$60.4M	$189.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,498.1	−0.104%	$406.4M	$847.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,498.7	−0.064%	$102.7M	$55.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,498.4	−0.083%	$163.3M	$290.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,498.1	−0.105%	—	$120.0M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,498.9	−0.055%	$2.3M	$3.7M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,497	−0.176%	$49.5M	$35.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,499.6	−0.002%	$548K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,499.1	−0.041%	$3.1M	$561K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,499	−0.042%	$412K	$955K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,500.6	+0.061%	$50K	$4.5M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,498.9	−0.051%	$372K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,498.1	−0.102%	$168K	$190K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,502.4	+0.179%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,498.9	−0.053%	$257K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,498.6	−0.071%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,499	−0.046%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,498.7	−0.063%	$2.7M	$7.6M	10x	as long as short
Aevo ZEC-PERPshort	+0.0104%	1h	1,499	−0.047%	$43K	$157K	20x
RISEx ZEC/USDC	+0.0157%	1h	1,498.8	−0.057%	$988K	$1.2M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0167% / S −0.0166%	1h	1,498.9	−0.051%	$341K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUALlong	+0.0227%	1h	1,499.7	long leg	$686K	$1.3M	25x
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,500.3	+0.043%	$3.9M	$9.8M	50x	as long as short