ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0506%/8h= +55.5% APRnext payment +$0.63 per $10,000 · paid last 24h +0.031%

Price spread now: Aevo against Kraken Futures−0.028%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on Kraken Futures Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days+0.326%+$33 on $10k

Price spread, last 3 days (all we have)+0.001%$0 · spread now −0.028%, 7d avg −0.030%

Together, before fees+0.327%+$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.326% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.63 per $10,000. 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	Kraken Futures PF_ZECUSD	1,472.8	−0.0402	get 0.0050% / 1h	5m 52s	$17.9M	$44.9M	25x
Short	Aevo ZEC-PERP	1,472.4	0.0104	get 0.0013% / 1h	5m 52s	$37K	$366K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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 Kraken FuturesbpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: $106.36
Price spread: −0.028% → −0.030%: $0.21
Slippage, 4 orders: −$27.62
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: $52.95
Costs to cover: 0.536%
Break-even: 3.5 days

Slippage from Kraken Futures: live order book, 3 min ago; Aevo: live order book, 13 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 Kraken Futures live order book, 3 min ago	0.68 bp	8.1 bp −$8	11.6 bp −$116	20.1 bp −$2,011	90.9 bp −$45.4K
Sell Aevo live order book, 13 min ago	6.55 bp	20.1 bp −$20	27.6 bp −$276	37.8 bp −$3,777	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	−0.3310%	1h	1,469.5	−0.226%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSDlong	−0.0402%	1h	1,472.8	long leg	$17.9M	$44.9M	25x
Ondo Perps ZEC-USD.P	−0.0256%	1h	1,466.9	−0.404%	$398K	$515K	5x	as long as short
BloFin ZEC-USDT	−0.0118%	8h	1,469.8	−0.210%	$29.3M	$75.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,471.3	−0.107%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0075%	8h	1,471.7	−0.078%	$272.4M	$665.7M	75x	as long as short
Variational Omni ZEC	−0.0034%	8h	1,466.7	−0.418%	$46.6M	$33.4M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,471.1	−0.122%	$414K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.6	−0.014%	$889K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,472.5	−0.022%	$84K	$404K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,473	+0.012%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0009%	8h	1,472.6	−0.014%	$294K	$1.4M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0038% / S +0.0009%	1h	1,472.7	−0.009%	$360K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0041%	8h	1,472.3	−0.034%	$178.4M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0046%	8h	1,472.6	−0.015%	$50.3M	$187.5M	75x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,473.4	+0.040%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,468.2	−0.315%	$4.6M	$1.6M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0083%	1h	1,473.4	+0.035%	$599K	$1.3M	25x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,472.9	+0.005%	$176K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,473.3	+0.030%	$11K	$828K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,472.6	−0.018%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,473.1	+0.020%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.5	+0.045%	$764.6M	$478.7M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472.7	−0.009%	$15.6M	$32.4M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,472.3	−0.036%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,472.6	−0.015%	$679.6M	$2.47B	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,467.7	−0.346%	$906K	$27K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472.9	0.000%	$223.6M	$872.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.9	+0.003%	$104.0M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,472.4	−0.027%	$162.9M	$304.1M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,471.5	−0.095%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,467.4	−0.366%	$511K	$9.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468.9	−0.267%	$3.0M	$482K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.3	−0.244%	$431K	$826K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470	−0.196%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,472.6	−0.017%	$347K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.6	−0.016%	$128K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,471.1	−0.118%	$449K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,474.7	+0.125%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,472.6	−0.015%	$226K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,472.7	−0.009%	$2.5M	$23.5M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,473.3	+0.030%	$3.8M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473.2	+0.022%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERPshort	+0.0104%	1h	1,472.4	−0.028%	$37K	$366K	20x
Lighter ZEC	+0.0120%	1h	1,474.2	+0.091%	$19.1M	$52.8M	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,473.3	+0.028%	$835K	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0199%	1h	1,473.9	+0.068%	$2.4M	$3.7M	15x	as long as short
Lighter RH ZEC	+0.0408%	1h	1,475.1	+0.151%	$2.0M	$8.3M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,475.1	+0.152%	$3.8M	$11.5M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,473.5	+0.041%	$718K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0604%	1h	1,469.6	−0.218%	$41K	$34K	10x	as long as short