Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.003%
Price spread now: SunX against Deribit+0.100%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1341.340% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 3 days (all we have)−0.437%−$44 · spread now +0.100%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.069% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,465.8 | 0 | get 0.0000% / 1h | 59m 00s | $596K | $1.3M | 25x |
| Short | SunX ZEC-USDT | 1,467.3 | 0.0100 | get 0.0100% / 8h | 1h 59m | $3K | $1.3M | 20x |
Deribit ZEC_USDC-PERPETUAL
SunX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- Price spread: +0.100% → +0.031%
- $6.9
- Slippage, 4 orders
- −$119.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$106.12
- Costs to cover
- 1.340%
- Break-even
- 42.4 days
Slippage from Deribit: live order book, 5 min ago; SunX: 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 | 4.24 bp | 8.2 bp −$8 | 14.7 bp −$147 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 29.03 bp | 68.3 bp −$68 | doesn't fit | 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 | −0.3310% | 1h | 1,446.2 | −1.343% | $33K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,464.7 | −0.081% | $17.8M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0248% | 1h | 1,460.3 | −0.378% | $396K | $516K | 5x | as long as short |
| Nado ZEC-PERP | −0.0247% | 1h | 1,464.9 | −0.063% | $2.5M | $7.1M | 10x | as long as short |
| BloFin ZEC-USDT | −0.0089% | 8h | 1,464.7 | −0.077% | $29.1M | $75.8M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.7 | −0.215% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0041% | 8h | 1,464.3 | −0.107% | $270.6M | $679.6M | 75x | as long as short |
| Variational Omni ZEC | −0.0018% | 8h | 1,461.1 | −0.320% | $46.6M | $34.3M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,463.2 | −0.178% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,465.2 | −0.043% | $939K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
Nado ZEC-PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,464.5 | −0.093% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | 0.0000% | 1h | 1,465.8 | long leg | $596K | $1.3M | 25x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,465.4 | −0.029% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0011% / S +0.0077% | 1h | 1,465.3 | −0.035% | $560K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0014% | 8h | 1,464.9 | −0.061% | $294K | $1.5M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,465.1 | −0.052% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0055% | 8h | 1,465.1 | −0.048% | $175.2M | $1.37B | 50x | as long as short |
| Gate ZEC_USDT | +0.0057% | 8h | 1,465.1 | −0.051% | $50.1M | $182.7M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,464.8 | −0.074% | $13K | $862K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,466.7 | +0.057% | $18.9M | $52.2M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464.7 | −0.076% | $174K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463.9 | −0.130% | $60K | $39K | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,466 | +0.011% | $760.3M | $495.4M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,465 | −0.054% | $15.4M | $33.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,463.2 | −0.177% | $1.7M | $3.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,465 | −0.054% | $670.1M | $2.53B | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,460.8 | −0.344% | $899K | $25K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,465.2 | −0.046% | $224.5M | $847.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,465.2 | −0.043% | $103.5M | $57.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,465.2 | −0.043% | $162.2M | $311.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,464.1 | −0.122% | — | $6.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462 | −0.261% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.6 | −0.222% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,462.4 | −0.238% | $429K | $817K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.9 | −0.203% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,465.1 | −0.050% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,464.9 | −0.065% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.6 | −0.153% | $447K | $498K | 6.7x | as long as short |
| SunX ZEC-USDTshort | +0.0100% | 8h | 1,467.3 | +0.100% | $3K | $1.3M | 20x | |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,465.1 | −0.053% | $222K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,465 | −0.058% | $2.4M | $24.6M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.7 | −0.078% | $3.8M | $5.4M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,461.8 | −0.277% | $4.6M | $1.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,465.4 | −0.029% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,465.2 | −0.043% | $37K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,465 | −0.059% | $844K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0411% | 1h | 1,466.3 | +0.030% | $2.3M | $4.1M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,467.3 | +0.102% | $3.7M | $11.7M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,463.4 | −0.165% | $743K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0448% | 1h | 1,467.2 | +0.091% | $2.0M | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0506% | 1h | 1,462.6 | −0.222% | $40K | $34K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bulk ZEC-USD
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
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Lighter RH ZEC
Aftermath Perps ZECUSD