Funding you earn now, next payment 23:00 UTC−0.0404%/8h= −44.2% APRnext payment −$0.50 per $10,000 · paid last 24h −0.002%
Price spread now: Kraken Futures against dYdX−0.017%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1071.072% of the position
Funding, last 7 days−0.402%−$40 on $10k
+Price spread, last 3 days (all we have)+0.461%+$46 · spread now −0.017%, 7d avg +0.037%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Kraken Futures is 0.054% cheaper against dYdX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX ZEC-USD | 1,468.1 | 0 | get 0.0000% / 1h | 46m 26s | $413K | $106K | 5x |
| Short | Kraken Futures PF_ZECUSD | 1,467.8 | −0.0404 | pay 0.0050% / 1h | 46m 26s | $17.8M | $44.7M | 25x |
dYdX ZEC-USD
Kraken Futures PF_ZECUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against dYdX. 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
- −$84.81
- Price spread: −0.017% → +0.037%
- −$5.42
- Slippage, 4 orders
- −$87.2
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$197.43
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 38 min ago; Kraken Futures: live order book, 3 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 dYdX live order book, 38 min ago | 38.64 bp | 44.8 bp −$45 | 52.1 bp −$521 | 102.1 bp −$10.2K | 416.9 bp −$208.5K |
| Sell Kraken Futures live order book, 3 min ago | 1.64 bp | 10.8 bp −$11 | 16.3 bp −$163 | 27.0 bp −$2,703 | 136.4 bp −$68.2K |
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 | 1,462.9 | −0.349% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSDshort | −0.0404% | 1h | 1,467.8 | −0.017% | $17.8M | $44.7M | 25x | |
| Ondo Perps ZEC-USD.P | −0.0107% | 1h | 1,459.3 | −0.597% | $398K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,467.7 | −0.028% | $29.3M | $75.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.4 | −0.116% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0045% | 8h | 1,467.2 | −0.061% | $271.6M | $676.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.608% | $46.4M | $34.1M | — | as long as short |
| dYdX ZEC-USDlong | 0.0000% | 1h | 1,468.1 | long leg | $413K | $106K | 5x | |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,466.9 | −0.080% | $889K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,467.8 | −0.016% | $83K | $404K | 10x | as long as short |
Injective ZEC/USDC PERP
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
Kalshi KXZECPERP
Perpl ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,468.3 | +0.013% | $5.2M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0079% | 1h | 1,468.2 | +0.008% | $543K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,467.2 | −0.057% | $294K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0039% | 1h | 1,463.4 | −0.317% | $430K | $818K | 50x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,467.3 | −0.055% | $176.1M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.510% | $899K | $25K | 10x | as long as short |
| Gate ZEC_USDT | +0.0060% | 8h | 1,468.1 | +0.002% | $49.9M | $184.1M | 75x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,468.2 | +0.012% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.575% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,468 | −0.002% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,469.4 | +0.090% | $19.0M | $52.4M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.8 | −0.018% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,468 | −0.007% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,468.6 | +0.039% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,468.5 | +0.030% | $760.8M | $490.1M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.1 | +0.004% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,468.5 | +0.028% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,467.9 | −0.009% | $675.7M | $2.51B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,467.9 | −0.014% | $223.3M | $854.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468.3 | +0.013% | $103.3M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,467.7 | −0.026% | $162.8M | $308.8M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.8 | −0.018% | — | $103.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.8 | −0.560% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.623% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,466.9 | −0.080% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.6 | −0.031% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.7 | −0.026% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,465.8 | −0.155% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,468.6 | +0.035% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.036% | $223K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,467 | −0.072% | $2.4M | $24.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,467.4 | −0.046% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,468.3 | +0.014% | $3.3M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.5 | −0.035% | $37K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,468.4 | +0.026% | $844K | $1.8M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0213% | 1h | 1,468.4 | +0.023% | $597K | $1.3M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0213% | 1h | 1,468.6 | +0.034% | $2.3M | $4.0M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,468.5 | +0.033% | $3.7M | $11.7M | 50x | as long as short |
| Lighter RH ZEC | +0.0432% | 1h | 1,470 | +0.132% | $2.0M | $8.2M | 10x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,469.1 | +0.072% | $730K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0525% | 1h | 1,465.2 | −0.193% | $41K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
01 Exchange ZECUSD
Phoenix ZEC
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Lighter RH ZEC
Arcus ZEC-USD
Aftermath Perps ZECUSD