Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.021%
Price spread now: 01 Exchange against Derive+0.148%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.148% dearer against Derive than usual: you sell high and buy low: +$15 more if the spread 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 | 1,493.1 | 0.0100 | pay 0.0013% / 1h | 3m 22s | $456K | $500K | 6.7x |
| Short | 01 Exchange ZECUSD | 1,495.3 | 0.0120 | get 0.0015% / 1h | 3m 22s | $8K | $7K | 5x |
Derive ZEC-PERP
01 Exchange ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $4.2
- Price spread: +0.148% → 0.000%
- $14.81
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- $6.01
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample | — | — | — | — | — |
Derive and 01 Exchange: 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 | 1,481 | −0.810% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,493.9 | +0.054% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0143% | 8h | 1,494.8 | +0.117% | $30.9M | $75.1M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,494.2 | +0.073% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,495.3 | +0.148% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0006% | 1h | 1,495.4 | +0.154% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,495 | +0.127% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.8 | +0.182% | $1.5M | $4.7M | 2.2x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,494.4 | +0.086% | $682K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,494.4 | +0.090% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
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 | +0.0080% | 8h | 1,494.4 | +0.091% | $301K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,494.8 | +0.115% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,495.2 | +0.143% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,494.6 | +0.101% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495.4 | +0.158% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,495.5 | +0.163% | $780.9M | $447.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,494.6 | +0.105% | $14.0M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495 | +0.129% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,495 | +0.131% | $696.8M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,494.2 | +0.076% | $267.7M | $630.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,494.7 | +0.110% | $182.4M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | +0.069% | $408K | $554K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.078% | $903K | $7K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,495 | +0.126% | $55.3M | $187.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,495 | +0.129% | $242.9M | $799.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,495 | +0.126% | $102.9M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,494.8 | +0.113% | $160.8M | $289.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,494 | +0.061% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | +0.140% | $48.9M | $34.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.8 | +0.118% | $572K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,496.3 | +0.218% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.6 | +0.168% | $412K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,494.7 | +0.107% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,495 | +0.129% | $358K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.073% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERPlong | +0.0100% | 1h | 1,493.1 | long leg | $456K | $500K | 6.7x | |
| SunX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +0.208% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,493.9 | +0.057% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +0.210% | $2.7M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,495.1 | +0.137% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,494.7 | +0.107% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495 | +0.131% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSDshort | +0.0120% | 1h | 1,495.3 | +0.148% | $8K | $7K | 5x | |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,494.9 | +0.123% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.236% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0137% / S −0.0133% | 1h | 1,495.2 | +0.141% | $393K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0184% | 1h | 1,496.4 | +0.221% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,495.5 | +0.160% | $612K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,496.4 | +0.226% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0260% | 1h | 1,495.8 | +0.180% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,495.8 | +0.180% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit 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
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX