Funding you earn now, next payment 10:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h −0.014%
Price spread now: Aster against Deribit−0.131%7-day average −0.082% · 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−$33as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 6 days (all we have)−0.154%−$15 on $10k
+Price spread, last 4 days (all we have)−0.657%−$66 · spread now −0.131%, 7d avg −0.082%
=Together, before fees−0.812%+ Points / potential airdropAster: Stage 5 · farm board−$81 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Aster is 0.048% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,502.7 | 0.0117 | pay 0.0015% / 1h | 20m 44s | $688K | $1.3M | 25x |
| Short | Aster ZECUSDT | 1,500.7 | 0.0100 | get 0.0100% / 8h | 6h 20m | $14.1M | $27.5M | 75x |
Deribit ZEC_USDC-PERPETUAL
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$3.49
- Price spread: −0.131% → −0.082%
- −$4.83
- Slippage, 4 orders
- −$13.42
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$36.73
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 1 min ago; Aster: live order book, 1 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, 1 min ago | 5.16 bp | 8.7 bp −$9 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 0.30 bp | 6.2 bp −$6 | 10.0 bp −$100 | 26.1 bp −$2,608 | 186.4 bp −$93.2K |
ZEC on 50 exchanges
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 | −0.3772% | 1h | 1,480 | −1.511% | $36K | $274K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0186% | 8h | 1,502.2 | −0.030% | $31.6M | $75.1M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.0119% | 1h | 1,501.1 | −0.102% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,501.6 | −0.072% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0042% | 1h | 1,498.6 | −0.271% | $408K | $507K | 5x | as long as short |
| 01 Exchange ZECUSD | 0.0000% | 1h | 1,504 | +0.085% | $8K | $6K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,502.7 | +0.003% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,499.9 | −0.188% | $62K | $298K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,501.9 | −0.054% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0009% | 1h | 1,502.6 | −0.004% | $18.4M | $47.1M | 25x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX ZEC-USD | +0.0011% | 1h | 1,503 | +0.020% | $414K | $34K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0076% | 8h | 1,501.7 | −0.066% | $303K | $858K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0077% | 1h | 1,502.3 | −0.027% | $924K | $1.3M | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,501.8 | −0.062% | $19.7M | $41.2M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,503.4 | +0.045% | $2.1M | $7.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.1 | −0.038% | $172K | $1.7M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,501.9 | −0.050% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,501.8 | −0.061% | $19K | $879K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,502.4 | −0.016% | $3.1M | $7.2M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,503.5 | +0.055% | $788.1M | $429.9M | 10x | as long as short |
| Aster ZECUSDTshort | +0.0100% | 8h | 1,500.7 | −0.131% | $14.1M | $27.5M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,502.9 | +0.013% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,500.5 | −0.145% | $707.2M | $2.24B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,500.2 | −0.164% | $275.5M | $598.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,502.5 | −0.013% | $185.0M | $1.33B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,503.4 | +0.046% | $597K | $8.6M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.1 | −0.574% | $775K | $158K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,502.5 | −0.015% | $61.8M | $184.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,502.6 | −0.006% | $175.5M | $848.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,502.6 | −0.008% | $105.1M | $54.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,502.4 | −0.021% | $163.9M | $286.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,501.5 | −0.078% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,502.9 | +0.013% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,501.2 | −0.095% | $49.5M | $34.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,505.2 | +0.165% | $550K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,501.7 | −0.062% | $3.1M | $566K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.2 | +0.103% | $411K | $957K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,503.1 | +0.028% | $112K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,501.4 | −0.085% | $372K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,501.9 | −0.053% | $167K | $189K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,503.7 | +0.069% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,502.1 | −0.038% | $257K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,502.5 | −0.013% | $2.7M | $20.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,502.9 | +0.011% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,502.5 | −0.009% | $2.8M | $7.4M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,501.7 | −0.066% | $37K | $163K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0117% | 1h | 1,502.7 | long leg | $688K | $1.3M | 25x | |
| Phoenix ZEC | +0.0139% | 1h | 1,502.9 | +0.017% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0179% / S −0.0163% | 1h | 1,502 | −0.047% | $372K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0336% | 1h | 1,503.5 | +0.057% | $3.9M | $9.8M | 50x | as long as short |
dYdX ZEC-USD
Orderly PERP_ZEC_USDC
RISEx ZEC/USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX