Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against Derive+0.228%56s7-day average +0.043% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.364%−$36 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.228%, 7d avg +0.043%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.185% dearer against Derive than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.043%. The two prices were read 56 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 | 1,482.9 | 0.0100 | pay 0.0013% / 1h | 49m 24s | $453K | $500K | 6.7x |
| Short | HTX ZEC-USDT | 1,486.3 | 0.0100 | get 0.0100% / 8h | 1h 49m | $2.6M | $19.7M | 75x |
Derive ZEC-PERP
HTX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.228% → +0.043%
- $18.5
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $0.5
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago | 2.55 bp | 9.0 bp −$9 | 10.6 bp −$106 | 30.1 bp −$3,007 | 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 | −0.3684% | 1h | 1,491.6 | +0.585% | $34K | $273K | 12x | as long as short |
| ApeX Omni ZECUSDT | −0.0140% | 1h | 1,485.7 | +0.189% | $411K | $932K | 50x | as long as short |
| BloFin ZEC-USDT | −0.0117% | 8h | 1,483 | +0.008% | $30.6M | $73.6M | 75x | as long as short |
| Bulk ZEC-USD | −0.0097% | 1h | 1,490.7 | +0.522% | $901K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,487.4 | +0.300% | $18.0M | $46.5M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,485.9 | +0.200% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,485.1 | +0.148% | $413K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,485.4 | +0.166% | $1.6M | $4.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,482.2 | −0.045% | $61K | $294K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,484 | +0.072% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
ApeX Omni ZECUSDT
BloFin ZEC-USDT
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 | +0.0073% | 8h | 1,483.7 | +0.055% | $298K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,484 | +0.075% | $157K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,482.7 | −0.013% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,483.9 | +0.066% | $14.1M | $30.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,485.5 | +0.171% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.2 | +0.087% | $690.9M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,484.1 | +0.079% | $269.9M | $627.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,484.1 | +0.082% | $179.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,487 | +0.276% | $405K | $507K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484 | +0.075% | $54.0M | $180.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,484.2 | +0.087% | $232.7M | $775.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,483.5 | +0.039% | $101.7M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,484 | +0.073% | $160.1M | $287.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,483.8 | +0.063% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,487.7 | +0.326% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,483 | +0.005% | $48.4M | $33.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,488.1 | +0.352% | $569K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,485.3 | +0.162% | $3.0M | $488K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,487.8 | +0.332% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,483.7 | +0.053% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,484.1 | +0.078% | $163K | $185K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,482.9 | long leg | $453K | $500K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,489 | +0.410% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,487.2 | +0.292% | $253K | $3.5M | 10x | as long as short |
| HTX ZEC-USDTshort | +0.0100% | 8h | 1,486.3 | +0.228% | $2.6M | $19.7M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,487.4 | +0.303% | $4.0M | $5.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,485.6 | +0.184% | $61K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,484.4 | +0.099% | $11K | $862K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,484.7 | +0.120% | $2.7M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,483.8 | +0.061% | $45K | $149K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0109% | 1h | 1,487.6 | +0.317% | $707K | $1.4M | 25x | as long as short |
| Hyperliquid ZEC | +0.0113% | 1h | 1,485.2 | +0.154% | $771.2M | $439.9M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,484.1 | +0.079% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0121% / S −0.0107% | 1h | 1,483.9 | +0.066% | $430K | — | 100x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,484.7 | +0.121% | $929K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,490.8 | +0.534% | $4.7M | $1.4M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,486.1 | +0.213% | $620K | $8.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0229% | 1h | 1,487.8 | +0.331% | $48K | $63K | 10x | as long as short |
| Lighter RH ZEC | +0.0296% | 1h | 1,486.8 | +0.264% | $2.1M | $7.3M | 10x | as long as short |
| Lighter ZEC | +0.0304% | 1h | 1,486.8 | +0.260% | $19.4M | $45.5M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,489.1 | +0.417% | $3.6M | $9.9M | 50x | as long as short |
Orderly PERP_ZEC_USDC
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
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
Phemex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDC
Phoenix ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD
Lighter RH ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX