Funding you earn now, next payment 23:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.003%
Price spread now: Orderly against gTrade (Gains Network)−0.168%57s7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.320%+$32 · spread now −0.168%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.172% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 57 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 | gTrade (Gains Network) ZEC/USD | 1,463.3 | L +0.0007% / S −0.0006% | pay 0.0001% / 1h | 49m 32s | $5.2M | — | 150x |
| Short | Orderly PERP_ZEC_USDC | 1,460.9 | 0.0015 | get 0.0015% / 8h | 1h 49m | $292K | $1.5M | 20x |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against gTrade (Gains Network). 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
- $1.67
- Price spread: −0.168% → +0.004%
- −$17.16
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$31.49
- Costs to cover
- 0.160%
- Break-even
- 138.8 days
Slippage unknown: gTrade (Gains Network): virtual book (oracle venue), 5 min ago; Orderly: 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 gTrade (Gains Network) virtual book (oracle venue), 5 min ago | 130.04 bp | 135.0 bp −$135 | 426.0 bp −$4,260 | 4809.1 bp −$480.9K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.3310% | 1h | 1,462.9 | −0.027% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0406% | 1h | 1,461.7 | −0.115% | $17.8M | $44.7M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0094% | 8h | 1,459 | −0.294% | $29.1M | $75.3M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0093% | 1h | 1,459.3 | −0.276% | $397K | $518K | 5x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.5 | −0.055% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0044% | 8h | 1,462.2 | −0.076% | $270.2M | $675.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0023% | 8h | 1,459.1 | −0.288% | $46.4M | $34.1M | — | as long as short |
| ApeX Omni ZECUSDT | −0.0002% | 1h | 1,461.6 | −0.122% | $429K | $817K | 50x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462.8 | −0.037% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,460.1 | −0.225% | $889K | $5.7M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
ApeX Omni ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,462.2 | −0.081% | $83K | $404K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,462.2 | −0.079% | $595K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USDlong | L +0.0007% / S −0.0006% | 1h | 1,463.3 | long leg | $5.2M | — | 150x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0009% / S +0.0078% | 1h | 1,463.1 | −0.014% | $559K | — | 100x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0015% | 8h | 1,460.9 | −0.168% | $292K | $1.5M | 20x | |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,463 | −0.023% | $175.2M | $1.36B | 50x | as long as short |
| Bulk ZEC-USD | +0.0054% | 1h | 1,460.6 | −0.189% | $899K | $25K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,463.6 | +0.020% | $8K | $8K | 5x | as long as short |
| Gate ZEC_USDT | +0.0059% | 8h | 1,462.4 | −0.066% | $49.7M | $183.8M | 75x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,459.6 | −0.254% | $4.6M | $1.6M | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,463.1 | −0.014% | $14K | $864K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,463.9 | +0.037% | $18.9M | $52.3M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,462.8 | −0.034% | $174K | $1.9M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.2 | −0.075% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,462.6 | −0.054% | $2.5M | $7.0M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,463.4 | +0.004% | $758.1M | $489.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,462.8 | −0.040% | $15.4M | $33.6M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,462.6 | −0.048% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.007% | $671.2M | $2.52B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.6 | +0.014% | $219.5M | $852.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,463 | −0.023% | $103.2M | $56.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463 | −0.024% | $162.2M | $309.0M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462 | −0.090% | — | $6.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.8 | −0.239% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.9 | −0.303% | $3.0M | $492K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,458.6 | −0.321% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463 | −0.023% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,462.9 | −0.031% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.2 | −0.283% | $446K | $503K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.6 | +0.021% | $4K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,461.2 | −0.149% | $222K | $4.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462 | −0.090% | $2.4M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,461.5 | −0.125% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.1 | −0.016% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,461.4 | −0.134% | $36K | $367K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,463.5 | +0.009% | $843K | $1.8M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0229% | 1h | 1,462.7 | −0.046% | $2.3M | $4.0M | 15x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,464.3 | +0.062% | $2.0M | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,463.7 | +0.027% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,463.8 | +0.032% | $742K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0518% | 1h | 1,463.3 | −0.001% | $40K | $34K | 10x | as long as short |
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
GMX ZEC/USD [WBTC.b-USDC]
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
01 Exchange ZECUSD
Gate ZEC_USDT
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-USDC
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
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD