Funding you earn now, next payment 07:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.10 per $10,000 · paid last 24h +0.001%
Price spread now: Polymarket Perps against Deribit−0.080%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Funding, last 7 days−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.080%, 7d avg −0.077%
=The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$2 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 | 1,494.4 | 0.0183 | pay 0.0023% / 1h | 54m 55s | $711K | $1.4M | 25x |
| Short | Polymarket Perps ZEC-USD | 1,493.2 | 0.0100 | get 0.0013% / 1h | 54m 55s | $361K | $1.7M | 10x |
Deribit ZEC_USDC-PERPETUAL
Polymarket Perps ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$17.39
- Price spread: −0.080% → −0.077%
- −$0.36
- Slippage, 4 orders
- −$16.48
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$49.23
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 | 4.19 bp | 8.5 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 1.68 bp | 7.0 bp −$7 | 9.7 bp −$97 | 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 | −0.3684% | 1h | 1,491.6 | −0.189% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0122% | 8h | 1,494 | −0.025% | $30.7M | $74.1M | 75x | as long as short |
| ApeX Omni ZECUSDT | −0.0117% | 1h | 1,492.3 | −0.143% | $413K | $931K | 50x | as long as short |
| Bulk ZEC-USD | −0.0102% | 1h | 1,494.5 | +0.009% | $903K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,493.4 | −0.067% | $18.1M | $46.3M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,490.4 | −0.270% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,493.8 | −0.042% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.7 | +0.086% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,492.7 | −0.117% | $61K | $289K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,493.8 | −0.042% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
ApeX Omni ZECUSDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0071% | 8h | 1,493.5 | −0.059% | $300K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,493.6 | −0.052% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,493.9 | −0.032% | $157K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.9 | −0.032% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.243% | $14.2M | $29.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,494.8 | +0.025% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.240% | $694.3M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,490.5 | −0.263% | $269.9M | $625.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,490.5 | −0.261% | $180.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,488.1 | −0.422% | $405K | $478K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,490.7 | −0.250% | $54.4M | $178.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,491.1 | −0.224% | $233.5M | $771.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,493.3 | −0.074% | $102.6M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,491.6 | −0.185% | $160.8M | $286.6M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,491.9 | −0.167% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,493.6 | −0.053% | $48.8M | $33.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,489.7 | −0.314% | $569K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,494.5 | +0.005% | $3.1M | $477K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,493.8 | −0.040% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USDshort | +0.0100% | 1h | 1,493.2 | −0.080% | $361K | $1.7M | 10x | |
| Bullet ZEC-USD | +0.0100% | 1h | 1,493.9 | −0.031% | $165K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,492.6 | −0.118% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,495.5 | +0.070% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,493.6 | −0.053% | $254K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,493.3 | −0.075% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,494 | −0.028% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,494.8 | +0.024% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,493.3 | −0.074% | $12K | $861K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.3 | −0.209% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,493.6 | −0.057% | $45K | $149K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0105% / S −0.0080% | 1h | 1,493.5 | −0.064% | $374K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,494.2 | −0.013% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,494.1 | −0.022% | $934K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0152% | 1h | 1,493.8 | −0.037% | $2.3M | $3.9M | 15x | as long as short |
| Hyperliquid ZEC | +0.0179% | 1h | 1,494.5 | +0.007% | $778.6M | $440.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0183% | 1h | 1,494.4 | long leg | $711K | $1.4M | 25x | |
| Arcus ZEC-USD | +0.0221% | 1h | 1,495.6 | +0.079% | $601K | $8.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0288% | 1h | 1,493.4 | −0.064% | $49K | $63K | 10x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,495.2 | +0.052% | $19.6M | $45.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0336% | 1h | 1,494.9 | +0.032% | $2.1M | $7.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,495.2 | +0.052% | $3.6M | $9.9M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Hyperliquid ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD
Lighter ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX