Funding you earn now, next payment 02:22 UTC+0.0051%/8h= +5.6% APRpaid last 24h +0.001%
Price spread now: Orderly against Perpl+0.086%7-day average +0.070% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+1.346%+$135 · spread now +0.086%, 7d avg +0.070%
=Together, before fees+1.173%+ Points / potential airdropPerpl: Active · farm board+$117 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.070%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.173%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl ZEC | 1,456 | 0 | get 0.0000% / 43m | 42m 42s | $83K | $241K | 10x |
| Short | Orderly PERP_ZEC_USDC | 1,457.3 | 0.0051 | get 0.0051% / 8h | 5h 11m | $292K | $966K | 20x |
Perpl ZEC
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Perpl. 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
- $10.76
- Price spread: +0.086% → +0.070%
- $1.6
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$7.43
- Costs to cover
- 0.198%
- Break-even
- 11.8 days
Slippage unknown: Perpl: no order-book sample; Orderly: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Perpl and 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 | −0.3244% | 1h | 1,456.6 | +0.037% | $34K | $272K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0084% | 8h | 1,455.7 | −0.024% | $29.4M | $70.6M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,456.8 | +0.054% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,456.9 | +0.063% | $410K | $42K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,456.8 | +0.054% | $1.5M | $4.5M | 2.2x | as long as short |
| Perpl ZEClong | 0.0000% | 43m | 1,456 | long leg | $83K | $241K | 10x | |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.3 | +0.085% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0051% | 8h | 1,457.3 | +0.086% | $292K | $966K | 20x | |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0061% / S −0.0011% | 1h | 1,457 | +0.067% | $409K | — | 100x | as long as short |
| Phoenix ZEC | +0.0074% | 1h | 1,458.4 | +0.163% | $4.6M | $1.4M | 10x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.5 | +0.031% | $173K | $1.7M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,456.4 | +0.025% | $13K | $882K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,456.8 | +0.054% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457 | +0.065% | $2.6M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.3 | +0.157% | $757.8M | $434.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,457.1 | +0.075% | $14.5M | $28.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457 | +0.066% | $1.7M | $2.5M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,457.3 | +0.089% | $668.1M | $2.23B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,456.8 | +0.053% | $264.5M | $605.0M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,457.2 | +0.084% | $178.3M | $1.23B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,460.5 | +0.308% | $396K | $439K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.5 | +0.099% | $883K | $21K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,457.2 | +0.082% | $50.1M | $175.2M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.4 | +0.093% | $213.7M | $780.6M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.5 | +0.102% | $102.1M | $55.7M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,457.5 | +0.104% | $162.0M | $273.4M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.7 | +0.045% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,462.2 | +0.427% | $47.8M | $32.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,460.6 | +0.318% | $570K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,462.3 | +0.430% | $3.0M | $432K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,461 | +0.345% | $411K | $909K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,456.1 | +0.005% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.2 | +0.013% | $369K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457.1 | +0.073% | $160K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.3 | +0.022% | $445K | $521K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,460.2 | +0.290% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457.1 | +0.071% | $233K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,455 | −0.069% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.3 | +0.088% | $3.8M | $5.1M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0101% | 1h | 1,458.2 | +0.152% | $2.4M | $3.8M | 15x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.1 | +0.073% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.9 | +0.059% | $47K | $153K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0144% | 1h | 1,456.6 | +0.038% | $8K | $7K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0196% | 1h | 1,457 | +0.070% | $18.0M | $44.6M | 25x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,458.9 | +0.198% | $19.1M | $46.7M | 20x | as long as short |
| Arcus ZEC-USD | +0.0277% | 1h | 1,457.9 | +0.130% | $715K | $8.5M | 10x | as long as short |
| Lighter RH ZEC | +0.0368% | 1h | 1,459.1 | +0.212% | $2.0M | $6.9M | 10x | as long as short |
| RISEx ZEC/USDC | +0.0409% | 1h | 1,457.1 | +0.078% | $833K | $1.0M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0414% | 1h | 1,458.1 | +0.146% | $613K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0456% | 1h | 1,457.5 | +0.104% | $3.7M | $9.1M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0691% | 1h | 1,458.4 | +0.162% | $45K | $49K | 10x | as long as short |
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-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
Backpack ZEC_USDC_PERP
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
Kraken Futures PF_ZECUSD
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD