Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.4% APRpaid last 24h +0.079%
Price spread now: Coinbase International against Paradex+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.031% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ZEC-USD-PERP | 1,508.5 | 0.0100 | pay 0.0100% / 8h | 7h 21m | $62K | $16K | 10x |
| Short | Coinbase International ZEC-PERP-INTX | 1,509 | 0.0368 | get 0.0046% / 1h | 21m 57s | $3.8M | $10.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. 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
- $56.32
- Price spread: +0.031% → 0.000%
- $3.12
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $45.44
- Costs to cover
- 0.140%
- Break-even
- 1.4 days
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 2 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 5.10 bp | 10.1 bp −$10 | 13.6 bp −$136 | 40.8 bp −$4,076 | doesn't fit |
Paradex: 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 | −0.3702% | 1h | 1,488.8 | −1.303% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,506.7 | −0.116% | $62K | $304K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0227% | 1h | 1,507.3 | −0.080% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0167% | 8h | 1,510 | +0.101% | $31.8M | $76.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,510.4 | +0.126% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,509.6 | +0.077% | $418K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,508.3 | −0.009% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,508.8 | +0.018% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,508.1 | −0.023% | $18.4M | $47.6M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,508.1 | −0.026% | $8K | $6K | 5x | as long as short |
Show all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0082% | 1h | 1,509.5 | +0.065% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0084% | 8h | 1,508.6 | +0.009% | $305K | $860K | 20x | as long as short |
| Gate ZEC_USDT | +0.0090% | 8h | 1,506.9 | −0.105% | $60.9M | $187.1M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,508.8 | +0.021% | $19.5M | $45.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,509 | +0.033% | $2.1M | $7.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,508 | −0.029% | $172K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,508.1 | −0.024% | $16K | $895K | 10x | as long as short |
| Paradex ZEC-USD-PERPlong | +0.0100% | 8h | 1,508.5 | long leg | $62K | $16K | 10x | |
| Nado ZEC-PERP | +0.0100% | 1h | 1,507.8 | −0.048% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,508 | −0.032% | $788.2M | $442.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,507 | −0.096% | $14.2M | $30.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,509.1 | +0.041% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,507.2 | −0.082% | $712.2M | $2.32B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,506.7 | −0.119% | $272.2M | $617.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,507.2 | −0.084% | $184.6M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,508.6 | +0.008% | $409K | $547K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,509.6 | +0.077% | $596K | $8.9M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,503.8 | −0.313% | $774K | $147K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,507.3 | −0.082% | $407.6M | $839.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,507.3 | −0.078% | $103.4M | $56.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,507.2 | −0.084% | $163.5M | $295.2M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,507.1 | −0.094% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,506.5 | −0.134% | $49.9M | $35.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,508.4 | −0.002% | $557K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,508.2 | −0.015% | $3.1M | $541K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.9 | −0.235% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,509.5 | +0.067% | $50K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,507.4 | −0.072% | $374K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,508.8 | +0.024% | $169K | $192K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502 | −0.428% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,510.7 | +0.145% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,508.8 | +0.018% | $255K | $3.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,506.9 | −0.104% | $2.7M | $21.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,508.1 | −0.023% | $4.0M | $4.9M | 50x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0101% | 1h | 1,509.3 | +0.052% | $691K | $1.3M | 25x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,507 | −0.099% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,508.7 | +0.013% | $45K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,508.5 | +0.002% | $953K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0162% / S −0.0167% | 1h | 1,510.1 | +0.108% | $335K | — | 100x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0203% | 1h | 1,508 | −0.032% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTXshort | +0.0368% | 1h | 1,509 | +0.031% | $3.8M | $10.0M | 50x |
Paradex ZEC-USD-PERP
Coinbase International ZEC-PERP-INTX
Injective ZEC/USDC PERP
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
Phoenix ZEC
Gate ZEC_USDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
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
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USD
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Backpack ZEC_USDC_PERP