Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Paradex against Derive+0.032%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.032% dearer against Derive than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive ZEC-PERP | 1,475.6 | 0.0100 | pay 0.0013% / 1h | 28m 52s | $450K | $506K | 6.7x |
| Short | Paradex ZEC-USD-PERP | 1,476.1 | 0.0100 | get 0.0100% / 8h | 2h 28m | $61K | $43K | 10x |
Derive ZEC-PERP
Paradex ZEC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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: +0.032% → 0.000%
- $3.19
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$6.81
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Paradex: no order-book sample. 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 Paradex no order-book sample | — | — | — | — | — |
Derive and Paradex: 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 | −0.3243% | 1h | 1,473.3 | −0.160% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0088% | 8h | 1,476.8 | +0.077% | $30.0M | $71.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,472.9 | −0.188% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,476 | +0.026% | $410K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,476.4 | +0.051% | $1.6M | $4.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.8 | +0.013% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,476.9 | +0.085% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,477 | +0.095% | $295K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0072% | 1h | 1,477.1 | +0.098% | $8K | $7K | 5x | as long as short |
| Bybit ZECUSDT | +0.0090% | 8h | 1,473 | −0.182% | $261.7M | $589.2M | 75x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,473.3 | −0.157% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,477.1 | +0.097% | $173K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0098% / S −0.0052% | 1h | 1,476.7 | +0.072% | $440K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,476.3 | +0.047% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERPshort | +0.0100% | 8h | 1,476.1 | +0.032% | $61K | $43K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,476.7 | +0.075% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.5 | −0.077% | $767.3M | $420.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474 | −0.111% | $14.4M | $28.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,476 | +0.028% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,473.5 | −0.144% | $680.7M | $2.17B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,473 | −0.182% | $179.1M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,475.6 | −0.003% | $399K | $433K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.4 | −0.219% | $889K | $15K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,474.5 | −0.075% | $53.3M | $171.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,474.6 | −0.073% | $225.6M | $763.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,476.2 | +0.037% | $103.8M | $52.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,473.4 | −0.152% | $166.6M | $268.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.6 | −0.071% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,471.5 | −0.283% | $48.3M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469 | −0.449% | $555K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474 | −0.109% | $3.0M | $455K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470.8 | −0.329% | $407K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,472.8 | −0.196% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,476.9 | +0.085% | $363K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,477.5 | +0.127% | $163K | $186K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,475.6 | long leg | $450K | $506K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.2 | +0.240% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,476.8 | +0.081% | $236K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,475.9 | +0.014% | $2.7M | $18.4M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,477 | +0.091% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.4 | −0.086% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,476.9 | +0.089% | $46K | $152K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0126% | 1h | 1,477.5 | +0.127% | $622K | $1.3M | 25x | as long as short |
| Lighter RH ZEC | +0.0144% | 1h | 1,477.9 | +0.150% | $2.1M | $7.1M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,476.6 | +0.067% | $18.1M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,477 | +0.089% | $932K | $1.1M | 10x | as long as short |
| Lighter ZEC | +0.0192% | 1h | 1,478 | +0.157% | $19.5M | $44.0M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0393% | 1h | 1,477.9 | +0.152% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,479.4 | +0.257% | $3.7M | $9.3M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,477.3 | +0.110% | $661K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0719% | 1h | 1,471.7 | −0.270% | $45K | $49K | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
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-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
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
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD