Funding you earn now, next payment 07:00 UTC+0.3784%/8h= +414.4% APRpaid last 24h +0.736%
Price spread now: edgeX against Injective+0.935%7-day average −0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$497.6Kas in the Funding arb table
Net, price: spread back to 7d avg − costs−$497.7Kas in the Price arb table
costs, in and out, $10k−$497.9K4978.522% of the position
Funding, last 7 days+2.552%+$255 on $10k
+Price spread, last 4 days (all we have)−1.372%−$137 · spread now +0.935%, 7d avg −0.113%
=Together, before fees+1.180%+ Points / potential airdropedgeX: Active · farm board+$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$114 a day on $10k at the current rate, and edgeX is 1.048% dearer against Injective than usual: you sell high and buy low: +$105 more if the spread goes back to its 7-day average of −0.113%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 2.552% in total (about 133.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ZEC/USDC PERP | 1,481 | −0.3684 | get 0.0461% / 1h | 2m 28s | $36K | $275K | 12x |
| Short | edgeX ZECUSDC | 1,494.8 | 0.0100 | get 0.0050% / 4h | 1h 02m | $572K | $9.0M | 20x |
Injective ZEC/USDC PERP
edgeX ZECUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Injective. 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
- $794.68
- Price spread: +0.935% → −0.113%
- $104.76
- Slippage, 4 orders
- −$497,843.16
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$496,952.73
- Costs to cover
- 4978.522%
- Break-even
- 4384.4 days
Slippage from Injective: live order book, 42 min ago; edgeX: live order book, 2 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 Injective live order book, 42 min ago | 46.83 bp | 491284.0 bp −$491.3K | 4969666.0 bp −$49.70M | 49458632.0 bp −$4945.86M | 246450688.0 bp −$123225.34M |
| Sell edgeX live order book, 2 min ago | 0.37 bp | 4.9 bp −$5 | 9.4 bp −$94 | 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 PERPlong | −0.3684% | 1h | 1,481 | long leg | $36K | $275K | 12x | |
| Perpl ZEC | −0.0447% | 43m | 1,491.6 | +0.718% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0143% | 8h | 1,493.6 | +0.853% | $30.9M | $75.1M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,494.7 | +0.927% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,493.1 | +0.815% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0011% | 1h | 1,494.8 | +0.935% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,493.5 | +0.847% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.6 | +0.986% | $1.5M | $4.7M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,492.7 | +0.791% | $5.3M | — | 150x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0074% | 1h | 1,495.5 | +0.982% | $683K | $1.4M | 25x | as long as short |
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0080% | 8h | 1,494.4 | +0.908% | $301K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,492.5 | +0.779% | $170K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,492.7 | +0.791% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,492.4 | +0.774% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.6 | +0.850% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,493.1 | +0.818% | $779.7M | $447.3M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,492.1 | +0.751% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,493.5 | +0.845% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,492.7 | +0.794% | $695.8M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,492.4 | +0.771% | $267.5M | $630.5M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,493 | +0.808% | $182.0M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | +0.886% | $408K | $554K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,494.2 | +0.895% | $903K | $7K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,493 | +0.808% | $55.2M | $187.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,492.7 | +0.791% | $242.7M | $800.2M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,493.1 | +0.818% | $102.8M | $57.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,493 | +0.812% | $160.5M | $289.7M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,492.5 | +0.776% | — | $117.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | +0.958% | $48.9M | $34.8M | — | as long as short |
| edgeX ZECUSDCshort | +0.0100% | 4h | 1,494.8 | +0.935% | $572K | $9.0M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,496.3 | +1.036% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,495.6 | +0.985% | $412K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,494.7 | +0.924% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,492.8 | +0.798% | $357K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,492.5 | +0.779% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | +0.816% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,497.4 | +1.106% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,494.6 | +0.920% | $255K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +1.028% | $2.7M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,494.2 | +0.891% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,492.6 | +0.783% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,495 | +0.949% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,492.9 | +0.803% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,492.7 | +0.794% | $938K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +1.054% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0137% / S −0.0134% | 1h | 1,492.6 | +0.782% | $393K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0184% | 1h | 1,494.7 | +0.926% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,493.8 | +0.863% | $612K | $8.8M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,495.2 | +0.960% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0261% | 1h | 1,493.6 | +0.853% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,495.4 | +0.973% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
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
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
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
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX