Funding you earn now, next payment 22:03 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.041%
Price spread now: Perpl against Pacifica+0.053%46s7-day average −0.044% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 3 days (all we have)+0.401%+$40 · spread now +0.053%, 7d avg −0.044%
=Together, before fees+0.647%+ Points / potential airdropPacifica: Active · Perpl: Active · farm board+$65 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.097% dearer against Pacifica than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.044%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you. 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 | Pacifica ZEC | 1,463.8 | 0.0100 | pay 0.0013% / 1h | 31m 36s | $1.7M | $3.0M | 10x |
| Short | Perpl ZEC | 1,464.6 | 0 | get 0.0000% / 43m | 1m 36s | $83K | $404K | 10x |
Pacifica ZEC
Perpl ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Pacifica. 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
- −$21
- Price spread: +0.053% → −0.044%
- $9.72
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$33.08
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; Perpl: 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 Pacifica live order book, 2 min ago | 0.79 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | −0.3310% | 1h | 1,464 | +0.015% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0405% | 1h | 1,464.5 | +0.048% | $17.8M | $44.9M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0216% | 1h | 1,460.2 | −0.244% | $397K | $518K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,463.5 | −0.022% | $29.3M | $75.4M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,463.4 | −0.023% | $6K | $2K | 10x | as long as short |
| Bybit ZECUSDT | −0.0053% | 8h | 1,462.9 | −0.059% | $270.9M | $673.7M | 75x | as long as short |
| Variational Omni ZEC | −0.0025% | 8h | 1,460.9 | −0.194% | $46.5M | $34.0M | — | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L −0.0017% / S +0.0093% | 1h | 1,463.9 | +0.011% | $541K | — | 100x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,464.1 | +0.024% | $412K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,463.9 | +0.010% | $884K | $5.7M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bybit ZECUSDT
Variational Omni ZEC
GMX ZEC/USD [WBTC.b-USDC]
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZECshort | 0.0000% | 43m | 1,464.6 | +0.053% | $83K | $404K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,464 | +0.016% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,463.9 | +0.006% | $292K | $1.5M | 20x | as long as short |
| ApeX Omni ZECUSDT | +0.0013% | 1h | 1,463 | −0.053% | $430K | $821K | 50x | as long as short |
| Bulk ZEC-USD | +0.0030% | 1h | 1,466 | +0.153% | $905K | $27K | 10x | as long as short |
| Gate ZEC_USDT | +0.0047% | 8h | 1,463.6 | −0.009% | $49.7M | $185.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0048% | 8h | 1,463.4 | −0.024% | $176.2M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0056% | 1h | 1,464.3 | +0.036% | $8K | $8K | 5x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0065% | 1h | 1,465.1 | +0.089% | $596K | $1.3M | 25x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464 | +0.013% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,463.8 | −0.001% | $173K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,464.1 | +0.020% | $14K | $862K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,463.1 | −0.045% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,463.8 | −0.001% | $2.5M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,464.2 | +0.029% | $759.0M | $485.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,463.2 | −0.037% | $15.6M | $33.2M | 75x | as long as short |
| Pacifica ZEClong | +0.0100% | 1h | 1,463.8 | long leg | $1.7M | $3.0M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,463.3 | −0.033% | $674.3M | $2.50B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,463.6 | −0.014% | $222.8M | $862.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,463.3 | −0.036% | $103.6M | $56.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,463.5 | −0.021% | $161.9M | $306.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,462.7 | −0.076% | — | $6.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,462.8 | −0.067% | $509K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.6 | −0.012% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,462.6 | −0.080% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,463.7 | −0.005% | $344K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.5 | −0.022% | $127K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,462.4 | −0.095% | $447K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466 | +0.152% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.2 | +0.028% | $222K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,462.8 | −0.069% | $2.5M | $24.1M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,464.8 | +0.068% | $3.8M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,463.6 | −0.010% | $3.2M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.5 | +0.050% | $37K | $367K | 20x | as long as short |
| Lighter ZEC | +0.0112% | 1h | 1,464.8 | +0.073% | $19.0M | $52.6M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0183% | 1h | 1,464.9 | +0.080% | $2.3M | $3.8M | 15x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,464.1 | +0.022% | $842K | $1.4M | 10x | as long as short |
| Lighter RH ZEC | +0.0384% | 1h | 1,465.5 | +0.116% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,465.6 | +0.122% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,465.2 | +0.101% | $738K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0548% | 1h | 1,464.5 | +0.052% | $40K | $34K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
ApeX Omni ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
Deribit ZEC_USDC-PERPETUAL
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
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
Lighter ZEC
Backpack ZEC_USDC_PERP
RISEx ZEC/USDC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD