ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.028%

Price spread now: Popdex against dYdX+0.105%52s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$940.935% of the position

Long on dYdX Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.013%+$1 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.105%, 7d avg +0.004%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Popdex is 0.101% dearer against dYdX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 52 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	dYdX ZEC-USD	1,490.1	0	get 0.0000% / 1h	0m 42s	$414K	$35K	5x
Short	Popdex ZECUSDT	1,491.6	0.0096	get 0.0012% / 1h	0m 42s	$170K	$1.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee PopdexbpOrdersPrice spread, now +0.105%Rate

Funding earned: $20.16
Price spread: +0.105% → +0.004%: $10.07
Slippage, 4 orders: −$77.12
Fee dYdX: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$63.29
Costs to cover: 0.935%
Break-even: 29.0 days

Slippage from dYdX: live order book, 43 min ago; Popdex: 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, 43 min ago	36.73 bp	41.7 bp −$42	44.1 bp −$441	113.8 bp −$11.4K	360.0 bp −$180.0K
Sell Popdex live order book, 3 min ago	1.04 bp	4.6 bp −$5	13.5 bp −$135	doesn't fit	doesn't fit

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	−0.610%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,490.5	+0.029%	$61K	$304K	10x	as long as short
BloFin ZEC-USDT	−0.0144%	8h	1,491.1	+0.069%	$30.8M	$75.0M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0096%	1h	1,491.5	+0.096%	$18.1M	$46.6M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,493.1	+0.200%	$6K	$1K	10x	as long as short
Aftermath Perps ZECUSD	−0.0017%	1h	1,494.4	+0.288%	$48K	$64K	10x	as long as short
dYdX ZEC-USDlong	0.0000%	1h	1,490.1	long leg	$414K	$35K	5x
Kalshi KXZECPERP	0.0000%	8h	1,493.1	+0.204%	$1.5M	$4.7M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,492	+0.132%	$5.3M	—	150x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0046%	1h	1,492.2	+0.146%	$681K	$1.4M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0081%	8h	1,491.4	+0.091%	$300K	$1.1M	20x	as long as short
Bulk ZEC-USD	+0.0085%	1h	1,492.9	+0.191%	$902K	$7K	10x	as long as short
Popdex ZECUSDTshort	+0.0096%	1h	1,491.6	+0.105%	$170K	$1.8M	50x
Katana Perps ZEC-USD	+0.0098%	8h	1,490.9	+0.052%	$12K	$876K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,491.7	+0.111%	$61K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,491.9	+0.120%	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,490.5	+0.029%	$778.2M	$447.7M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,489.8	−0.020%	$13.9M	$31.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,491.1	+0.072%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,491	+0.060%	$694.9M	$2.32B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,491.1	+0.067%	$267.2M	$630.3M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,491.8	+0.113%	$181.3M	$1.34B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,494.1	+0.270%	$407K	$554K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,491.2	+0.075%	$55.0M	$187.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,491.3	+0.081%	$243.1M	$801.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,491.3	+0.082%	$102.7M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,491.8	+0.115%	$160.4M	$289.6M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,490.6	+0.038%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,489.9	−0.011%	$48.8M	$34.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,494.8	+0.315%	$572K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,493.7	+0.245%	$3.1M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,495.6	+0.369%	$412K	$943K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,493.5	+0.230%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,491.6	+0.103%	$357K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,490.9	+0.053%	$163K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,493.1	+0.201%	$456K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,494.1	+0.268%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,491.1	+0.070%	$254K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,491.8	+0.115%	$2.7M	$20.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,491.3	+0.080%	$4.0M	$5.0M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,491.3	+0.081%	$2.7M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,491.6	+0.100%	$43K	$151K	20x	as long as short
01 Exchange ZECUSD	+0.0112%	1h	1,491.6	+0.102%	$8K	$7K	5x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,491.5	+0.094%	$939K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,496.6	+0.438%	$4.8M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0138% / S −0.0134%	1h	1,491.9	+0.120%	$392K	—	100x	as long as short
Lighter RH ZEC	+0.0176%	1h	1,491.9	+0.122%	$2.1M	$7.5M	10x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,492.4	+0.153%	$621K	$8.8M	10x	as long as short
Lighter ZEC	+0.0240%	1h	1,492.1	+0.138%	$19.6M	$47.1M	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0262%	1h	1,491.4	+0.089%	$2.3M	$3.9M	15x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,492.8	+0.183%	$3.7M	$10.1M	50x	as long as short