Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against Orderly−0.016%7-day average −0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−0.025%−$3 on $10k
+Price spread, last 4 days (all we have)−0.480%−$48 · spread now −0.016%, 7d avg −0.026%
=Together, before fees−0.505%+ Points / potential airdropAster: Stage 5 · farm board−$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,464.3 | 0.0062 | pay 0.0062% / 8h | 3h 00m | $293K | $900K | 20x |
| Short | Aster ZECUSDT | 1,464 | 0.0100 | get 0.0100% / 8h | 3h 00m | $14.5M | $27.8M | 75x |
Orderly PERP_ZEC_USDC
Aster ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- $7.97
- Price spread: −0.016% → −0.026%
- $0.96
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$5.07
- Costs to cover
- 0.140%
- Break-even
- 11.5 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 3 min ago | 3.62 bp | 7.6 bp −$8 | 9.5 bp −$95 | 37.6 bp −$3,765 | doesn't fit |
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 | −0.3042% | 1h | 1,463 | −0.087% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,462.4 | −0.131% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0072% | 8h | 1,463.3 | −0.070% | $29.7M | $70.6M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,462 | −0.156% | $406K | $37K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,462.9 | −0.096% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,463.7 | −0.039% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDClong | +0.0062% | 8h | 1,464.3 | long leg | $293K | $900K | 20x | |
| Ondo Perps ZEC-USD.P | +0.0071% | 1h | 1,464.3 | +0.002% | $397K | $436K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0090% / S −0.0042% | 1h | 1,463.8 | −0.035% | $437K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.3 | −0.068% | $174K | $1.6M | 50x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Ondo Perps ZEC-USD.P
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,464.2 | −0.002% | $14K | $799K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,462.8 | −0.098% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,463.7 | −0.039% | $2.9M | $6.4M | 10x | as long as short |
| Aster ZECUSDTshort | +0.0100% | 8h | 1,464 | −0.016% | $14.5M | $27.8M | 75x | |
| Pacifica ZEC | +0.0100% | 1h | 1,463.1 | −0.083% | $1.7M | $2.3M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,464.3 | 0.000% | $674.9M | $2.17B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,464 | −0.017% | $261.8M | $585.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.2 | −0.008% | $178.8M | $1.21B | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.8 | −0.100% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,464.1 | −0.010% | $52.6M | $174.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.4 | +0.007% | $217.4M | $777.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,464.3 | −0.001% | $103.1M | $52.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.9 | +0.044% | $166.5M | $267.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,464.3 | +0.005% | — | $106.9M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.9 | −0.090% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.2 | −0.070% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,465.7 | +0.100% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,463 | −0.085% | $404K | $921K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462 | −0.158% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.053% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.6 | −0.043% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.3 | −0.066% | $447K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.1 | +0.122% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.4 | +0.011% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.5 | −0.121% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.3 | +0.003% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.1 | −0.009% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.2 | −0.007% | $47K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0112% | 1h | 1,463.3 | −0.066% | $8K | $7K | 5x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,463.3 | −0.069% | $4.7M | $1.3M | 10x | as long as short |
| Kalshi KXZECPERP | +0.0123% | 8h | 1,463.6 | −0.046% | $1.5M | $4.4M | 2.2x | as long as short |
| Lighter RH ZEC | +0.0128% | 1h | 1,465.9 | +0.114% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0139% | 1h | 1,465.1 | +0.056% | $617K | $1.3M | 25x | as long as short |
| Hyperliquid ZEC | +0.0148% | 1h | 1,465.9 | +0.111% | $763.7M | $419.7M | 10x | as long as short |
| Lighter ZEC | +0.0168% | 1h | 1,465.9 | +0.109% | $19.3M | $45.8M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0216% | 1h | 1,463.4 | −0.062% | $925K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0313% | 1h | 1,465.1 | +0.056% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0331% | 1h | 1,464.4 | +0.011% | $18.0M | $45.6M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,464.4 | +0.007% | $673K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,466.1 | +0.122% | $3.8M | $9.0M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0684% | 1h | 1,464.4 | +0.007% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
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
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Phoenix ZEC
Kalshi KXZECPERP
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Hyperliquid ZEC
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD