Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.011%
Price spread now: Extended against Deribit−0.002%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now −0.002%, 7d avg −0.074%
=Together, before fees−0.289%+ Points / potential airdropExtended: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.071% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.074%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,467.8 | 0 | get 0.0000% / 1h | 33m 58s | $618K | $1.3M | 25x |
| Short | Extended ZEC-USD | 1,467.8 | 0.0104 | get 0.0013% / 1h | 33m 58s | $2.8M | $7.8M | 10x |
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.84
- Price spread: −0.002% → −0.074%
- $7.13
- Slippage, 4 orders
- −$19.19
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$2.22
- Costs to cover
- 0.312%
- Break-even
- 7.7 days
Slippage from Deribit: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago | 5.38 bp | 8.9 bp −$9 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 0.58 bp | 9.1 bp −$9 | 18.9 bp −$189 | 64.0 bp −$6,395 | 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 | −0.3243% | 1h | 1,471 | +0.215% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,467.9 | +0.007% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0080% | 8h | 1,469.8 | +0.135% | $29.8M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,467.8 | −0.003% | $408K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,468.6 | +0.055% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,468 | +0.012% | $84K | $239K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | 0.0000% | 1h | 1,467.8 | long leg | $618K | $1.3M | 25x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.6 | −0.018% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,468.2 | +0.023% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,467.4 | −0.030% | $293K | $896K | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | +0.0089% | 8h | 1,467.4 | −0.027% | $260.8M | $589.7M | 75x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,466.5 | −0.090% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.6 | −0.016% | $173K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0097% / S −0.0051% | 1h | 1,467.2 | −0.040% | $437K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,467 | −0.056% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468.1 | +0.022% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,467.9 | +0.008% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.6 | +0.053% | $764.7M | $418.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.006% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468 | +0.013% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.9 | +0.002% | $677.3M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,467.6 | −0.016% | $178.4M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,465.3 | −0.172% | $399K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.350% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,467.8 | −0.001% | $53.1M | $170.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.5 | −0.022% | $222.8M | $761.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,467.5 | −0.025% | $103.1M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.8 | 0.000% | $166.2M | $267.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.6 | −0.016% | — | $107.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,470.5 | +0.185% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,468.1 | +0.016% | $573K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,469.8 | +0.133% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,469 | +0.077% | $406K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,470.2 | +0.160% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.4 | −0.028% | $360K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.3 | −0.035% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466.3 | −0.105% | $448K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469.8 | +0.136% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.3 | −0.039% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.056% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.9 | +0.003% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USDshort | +0.0104% | 1h | 1,467.8 | −0.002% | $2.8M | $7.8M | 10x | |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.3 | −0.037% | $46K | $152K | 20x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,468.7 | +0.061% | $2.1M | $7.1M | 10x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,468.9 | +0.071% | $19.4M | $43.9M | 20x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0147% | 1h | 1,467.3 | −0.038% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,467.6 | −0.012% | $927K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0337% | 1h | 1,468.1 | +0.022% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469.9 | +0.141% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,469.2 | +0.093% | $664K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0681% | 1h | 1,468.2 | +0.027% | $45K | $49K | 10x | as long as short |
Bybit ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Aevo ZEC-PERP
Lighter RH ZEC
Lighter ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD