Funding you earn now, next payment 02:00 UTC−0.0090%/8h= −9.9% APRpaid last 24h −0.009%
Price spread now: GMX against HTX+0.115%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.115%, 7d avg +0.059%
=The price spread pays, funding is against you. GMX is 0.056% dearer against HTX than usual: you sell high and buy low (spread +0.115% now, against its 7-day average of +0.059%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.038% in total) that is about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ZEC-USDT | 1,474.1 | 0.0100 | pay 0.0100% / 8h | 6h 48m | $2.5M | $19.1M | 75x |
| Short | GMX ZEC/USD [WBTC.b-USDC] | 1,475.8 | L +0.0055% / S −0.0010% | get 0.0001% / 1h | 48m 26s | $384K | — | 100x |
HTX ZEC-USDT
GMX ZEC/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against HTX. 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
- −$18.99
- Price spread: +0.115% → +0.059%
- $5.63
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$37.36
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 1 min ago; GMX: 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 HTX live order book, 1 min ago | 2.37 bp | 9.1 bp −$9 | 17.1 bp −$171 | 36.1 bp −$3,612 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.3678% | 1h | 1,478.5 | +0.298% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,475.7 | +0.108% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0068% | 1h | 1,477.6 | +0.236% | $401K | $519K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,475.3 | +0.083% | $18.1M | $43.4M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,476.2 | +0.139% | $416K | $103K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,477.8 | +0.247% | $964K | $5.1M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,475.1 | +0.066% | $84K | $405K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,476 | +0.130% | $5.2M | — | 150x | as long as short |
| Variational Omni ZEC | +0.0010% | 8h | 1,477.5 | +0.231% | $48.2M | $33.5M | — | as long as short |
| BloFin ZEC-USDT | +0.0012% | 8h | 1,475.2 | +0.073% | $29.6M | $73.3M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Variational Omni ZEC
BloFin ZEC-USDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0026% | 8h | 1,475.5 | +0.092% | $295K | $1.1M | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,475.3 | +0.081% | $8K | $9K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC]short | L +0.0055% / S −0.0010% | 1h | 1,475.8 | +0.115% | $384K | — | 100x | |
| Phoenix ZEC | +0.0070% | 1h | 1,479.5 | +0.364% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0077% | 8h | 1,474.8 | +0.045% | $180.9M | $1.29B | 50x | as long as short |
| Gate ZEC_USDT | +0.0085% | 8h | 1,475.5 | +0.093% | $50.2M | $174.0M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,475.2 | +0.075% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,475.2 | +0.070% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,475.2 | +0.074% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,475.6 | +0.103% | $2.7M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,475.7 | +0.107% | $768.2M | $449.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,476.1 | +0.132% | $14.9M | $31.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,476 | +0.128% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,475.1 | +0.068% | $683.6M | $2.34B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,474.7 | +0.037% | $272.1M | $626.2M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,470.7 | −0.235% | $895K | $17K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,475.3 | +0.077% | $219.1M | $792.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,475.8 | +0.113% | $104.1M | $55.8M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474.8 | +0.046% | $163.6M | $286.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,474.6 | +0.034% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473 | −0.079% | $574K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,476.9 | +0.189% | $3.0M | $450K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,478.2 | +0.275% | $430K | $902K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,476.9 | +0.191% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,475 | +0.060% | $342K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,475.9 | +0.119% | $129K | $158K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,474.2 | +0.008% | $459K | $510K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,479.3 | +0.349% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,475.2 | +0.073% | $243K | $3.8M | 10x | as long as short |
| HTX ZEC-USDTlong | +0.0100% | 8h | 1,474.1 | long leg | $2.5M | $19.1M | 75x | |
| Phemex ZECUSDT | +0.0100% | 8h | 1,475.8 | +0.114% | $3.8M | $5.2M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.8 | +0.044% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,475.3 | +0.083% | $51K | $164K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0143% | 1h | 1,476.2 | +0.138% | $607K | $1.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,476.8 | +0.182% | $679K | $8.7M | 10x | as long as short |
| Lighter RH ZEC | +0.0280% | 1h | 1,477.4 | +0.222% | $2.1M | $7.0M | 10x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,477.3 | +0.216% | $19.3M | $48.0M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0374% | 1h | 1,476.1 | +0.133% | $857K | $1.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,478 | +0.263% | $3.7M | $9.7M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0578% | 1h | 1,475.7 | +0.109% | $2.5M | $3.9M | 15x | as long as short |
| Aftermath Perps ZECUSD | +0.0746% | 1h | 1,475.2 | +0.075% | $44K | $46K | 10x | as long as short |
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Lighter RH ZEC
Lighter ZEC
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Aftermath Perps ZECUSD