Funding you earn now, next payment 09:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.01 per $10,000 · paid last 24h +0.011%
Price spread now: RISEx against GMX−0.106%46s7-day average +0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)−0.679%−$68 · spread now −0.106%, 7d avg +0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.111% cheaper against GMX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.005%. The two prices were read 46 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 | GMX ZEC/USD [WBTC.b-USDC] | 1,510.1 | L +0.0162% / S −0.0167% | pay 0.0020% / 1h | 21m 19s | $335K | — | 100x |
| Short | RISEx ZEC/USDC | 1,508.5 | 0.0157 | get 0.0020% / 1h | 21m 19s | $953K | $1.1M | 10x |
GMX ZEC/USD [WBTC.b-USDC]
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against GMX. 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
- −$0.98
- Price spread: −0.106% → +0.005%
- −$11.08
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$30.07
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 2 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell RISEx live order book, 2 min ago | 1.16 bp | 4.2 bp −$4 | 8.7 bp −$87 | doesn't fit | doesn't fit |
GMX: 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 | −0.3702% | 1h | 1,488.8 | −1.409% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,507.9 | −0.150% | $62K | $304K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0231% | 1h | 1,507.4 | −0.176% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0167% | 8h | 1,510 | −0.007% | $31.8M | $76.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,508.9 | −0.081% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,509.2 | −0.061% | $417K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,508.3 | −0.117% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,508.8 | −0.090% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,508.1 | −0.130% | $18.4M | $47.6M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,508.4 | −0.116% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0082% | 1h | 1,511 | +0.059% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,508.5 | −0.109% | $305K | $860K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,510 | −0.004% | $19.6M | $45.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,510.6 | +0.030% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,508.7 | −0.095% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,508.5 | −0.104% | $16K | $895K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,508.4 | −0.112% | $62K | $16K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,509.3 | −0.057% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,509.7 | −0.027% | $789.1M | $442.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,508.3 | −0.117% | $14.2M | $30.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.3 | −0.054% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,509 | −0.075% | $713.0M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,508.2 | −0.127% | $272.6M | $617.3M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,508.6 | −0.103% | $184.8M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,508.6 | −0.100% | $410K | $547K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,509.6 | −0.032% | $598K | $8.9M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.420% | $774K | $147K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,508.6 | −0.103% | $60.9M | $187.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,508.8 | −0.084% | $407.9M | $839.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,508.9 | −0.081% | $103.4M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,509.2 | −0.058% | $163.6M | $293.9M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,507.8 | −0.156% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,506.5 | −0.242% | $49.9M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,509.5 | −0.042% | $557K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,510.3 | +0.010% | $3.1M | $541K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,510.7 | +0.040% | $415K | $953K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,507.5 | −0.171% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,509.2 | −0.060% | $375K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,509 | −0.076% | $169K | $192K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.536% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.7 | +0.037% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,508.8 | −0.090% | $255K | $3.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,506.9 | −0.212% | $2.7M | $21.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,508.1 | −0.131% | $4.0M | $4.9M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0101% | 1h | 1,509.3 | −0.056% | $691K | $1.3M | 25x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,508.8 | −0.084% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,508.8 | −0.089% | $45K | $153K | 20x | as long as short |
| RISEx ZEC/USDCshort | +0.0157% | 1h | 1,508.5 | −0.106% | $953K | $1.1M | 10x | |
| GMX ZEC/USD [WBTC.b-USDC]long | L +0.0162% / S −0.0167% | 1h | 1,510.1 | long leg | $335K | — | 100x | |
| Backpack ZEC_USDC_PERP | +0.0203% | 1h | 1,508 | −0.140% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0368% | 1h | 1,509 | −0.077% | $3.8M | $10.0M | 50x | as long as short |
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
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
Arcus ZEC-USD
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
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USD
Aevo ZEC-PERP
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX