Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Derive+0.230%106s7-day average +0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−1.366%−$137 · spread now +0.230%, 7d avg +0.019%
=Together, before fees−1.323%+ Points / potential airdropedgeX: Active · farm board−$132 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.212% dearer against Derive than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,508.1 | 0.0100 | pay 0.0013% / 1h | 38m 00s | $450K | $419K | 6.7x |
| Short | edgeX ZECUSDC | 1,511.6 | 0.0100 | get 0.0050% / 4h | 3h 38m | $558K | $9.1M | 20x |
Derive ZEC-PERP
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Derive. 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
- $0
- Price spread: +0.230% → +0.019%
- $21.16
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $6.16
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; edgeX: live order book, 1 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 1 min ago | 0.37 bp | 4.9 bp −$5 | 9.1 bp −$91 | doesn't fit | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.3702% | 1h | 1,497.1 | −0.735% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,506.2 | −0.126% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0170% | 1h | 1,511 | +0.188% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,507.1 | −0.066% | $31.7M | $76.7M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | −0.106% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,507 | −0.077% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,506.1 | −0.133% | $418K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,507 | −0.073% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.7 | −0.164% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,506.4 | −0.118% | $18.2M | $47.9M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,506.9 | −0.083% | $8K | $6K | 5x | as long as short |
| Gate ZEC_USDT | +0.0051% | 8h | 1,506.7 | −0.097% | $60.5M | $184.9M | 75x | as long as short |
| ApeX Omni ZECUSDT | +0.0058% | 1h | 1,509.8 | +0.110% | $415K | $952K | 50x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,515.4 | +0.483% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,505.3 | −0.191% | $304K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,507.4 | −0.051% | $19.5M | $44.8M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,507.4 | −0.046% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,506.6 | −0.099% | $172K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,506.7 | −0.092% | $62K | $18K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,506.5 | −0.108% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,506.5 | −0.106% | $3.1M | $7.7M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,508 | −0.009% | $789.3M | $445.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,506.2 | −0.129% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,506.9 | −0.080% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,506.6 | −0.102% | $712.1M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,506.1 | −0.134% | $270.3M | $625.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,506.3 | −0.124% | $185.7M | $1.38B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,505.7 | −0.162% | $412K | $544K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,507.5 | −0.039% | $611K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,506.8 | −0.086% | $406.8M | $832.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.3 | −0.188% | $102.9M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,506.6 | −0.103% | $163.1M | $295.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,506.9 | −0.081% | — | $120.0M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,509.9 | +0.116% | $50.1M | $36.0M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,511.6 | +0.230% | $558K | $9.1M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,515.1 | +0.460% | $3.1M | $530K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,507.9 | −0.016% | $51K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.1 | +0.064% | $375K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,505.8 | −0.155% | $169K | $194K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,508.1 | long leg | $450K | $419K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,507.8 | −0.024% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,505.5 | −0.174% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,505.1 | −0.205% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,506.6 | −0.105% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,506.2 | −0.129% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,505.5 | −0.173% | $44K | $153K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0141% | 1h | 1,506.3 | −0.121% | $689K | $1.4M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,506.5 | −0.106% | $956K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0157% / S −0.0161% | 1h | 1,505.6 | −0.166% | $334K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,507.6 | −0.036% | $3.8M | $10.0M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0440% | 1h | 1,507.3 | −0.056% | $2.4M | $3.8M | 15x | as long as short |
01 Exchange ZECUSD
Gate ZEC_USDT
ApeX Omni ZECUSDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
GRVT ZEC_USDT_Perp
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
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP