Funding you earn now, next payment 02:00 UTC−0.0152%/8h= −16.7% APRnext payment −$0.19 per $10,000 · paid last 24h −0.013%
Price spread now: dYdX against Deribit−0.068%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 3 days (all we have)−0.116%−$12 · spread now −0.068%, 7d avg −0.073%
=The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,468.2 | 0.0152 | pay 0.0019% / 1h | 41m 37s | $604K | $1.3M | 25x |
| Short | dYdX ZEC-USD | 1,467.2 | 0 | get 0.0000% / 1h | 41m 37s | $413K | $57K | 5x |
Deribit ZEC_USDC-PERPETUAL
dYdX ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$31.93
- Price spread: −0.068% → −0.073%
- $0.47
- Slippage, 4 orders
- −$85.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$134.38
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 2 min ago; dYdX: live order book, 27 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, 2 min ago | 3.71 bp | 9.3 bp −$9 | 193.0 bp −$1,930 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 27 min ago | 37.15 bp | 42.2 bp −$42 | 43.9 bp −$439 | 86.0 bp −$8,599 | 179.0 bp −$89.5K |
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 | −0.3678% | 1h | 1,473.4 | +0.351% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.3 | −0.061% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0054% | 1h | 1,467.1 | −0.077% | $398K | $516K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,467.7 | −0.033% | $18.1M | $43.6M | 25x | as long as short |
| dYdX ZEC-USDshort | 0.0000% | 1h | 1,467.2 | −0.068% | $413K | $57K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,465.3 | −0.202% | $969K | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,466.5 | −0.120% | $83K | $264K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467 | −0.082% | $5.2M | — | 150x | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.475% | $29.6M | $73.3M | 75x | as long as short |
| Variational Omni ZEC | +0.0016% | 8h | 1,474 | +0.394% | $48.1M | $33.4M | — | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
BloFin ZEC-USDT
Variational Omni ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,467.3 | −0.063% | $293K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,466.8 | −0.099% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,466.8 | −0.094% | $381K | — | 100x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,473.7 | +0.373% | $4.7M | $1.5M | 10x | as long as short |
| Gate ZEC_USDT | +0.0080% | 8h | 1,466 | −0.152% | $49.8M | $174.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0082% | 8h | 1,466.3 | −0.130% | $181.3M | $1.28B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,466.7 | −0.102% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,466 | −0.155% | $16K | $839K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.6 | −0.108% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.7 | −0.039% | $2.5M | $6.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,467.7 | −0.036% | $763.5M | $450.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,466.9 | −0.090% | $14.8M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.7 | −0.107% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,466.2 | −0.139% | $679.9M | $2.35B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,466 | −0.154% | $270.4M | $628.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,466.1 | −0.143% | $214.8M | $794.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,466.2 | −0.138% | $103.2M | $56.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,466.3 | −0.132% | $162.7M | $286.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,465.5 | −0.186% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,474.3 | +0.414% | $574K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,472.7 | +0.301% | $3.0M | $443K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,474.5 | +0.427% | $429K | $905K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470 | +0.121% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,466.7 | −0.104% | $339K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,466.1 | −0.142% | $128K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.7 | −0.172% | $456K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.8 | +0.105% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.047% | $242K | $3.9M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.084% | $2.5M | $19.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.8 | −0.031% | $3.9M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,474.6 | +0.437% | $897K | $17K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,466.1 | −0.142% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.1 | −0.076% | $48K | $167K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0152% | 1h | 1,468.2 | long leg | $604K | $1.3M | 25x | |
| Lighter RH ZEC | +0.0224% | 1h | 1,467.8 | −0.030% | $2.0M | $7.1M | 10x | as long as short |
| Lighter ZEC | +0.0240% | 1h | 1,467.4 | −0.058% | $19.1M | $48.0M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,468 | −0.015% | $695K | $8.7M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,466.9 | −0.091% | $852K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,468.6 | +0.023% | $3.6M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0524% | 1h | 1,468.2 | −0.003% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0738% | 1h | 1,472.3 | +0.279% | $44K | $46K | 10x | as long as short |
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
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 RH ZEC
Lighter ZEC
Arcus ZEC-USD
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD