Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Paradex against Phemex−0.088%7-day average — · you buy dearer than you sell
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
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.088% cheaper against Phemex than usual: you would sell low and buy high, −$9 on $10k if it 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 | Phemex ZECUSDT | 1,483.9 | 0.0100 | pay 0.0100% / 8h | 1h 24m | $4.0M | $5.0M | 50x |
| Short | Paradex ZEC-USD-PERP | 1,482.6 | 0.0100 | get 0.0100% / 8h | 1h 24m | $61K | $43K | 10x |
Phemex ZECUSDT
Paradex ZEC-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Phemex. 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
- $0.03
- Price spread: −0.088% → 0.000%
- −$8.78
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$24.76
- Costs to cover
- 0.160%
- Break-even
- 6402.5 days
Slippage unknown: Phemex: live order book, 4 min ago; Paradex: 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 Phemex live order book, 4 min ago | 2.24 bp | 13.1 bp −$13 | 29.4 bp −$294 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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 | −0.3684% | 1h | 1,462 | −1.476% | $36K | $275K | 12x | as long as short |
| Bulk ZEC-USD | −0.0166% | 1h | 1,477.1 | −0.460% | $892K | $9K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0130% | 8h | 1,483.5 | −0.026% | $30.4M | $74.2M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0097% | 1h | 1,482.8 | −0.079% | $18.0M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,482.5 | −0.094% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,479.5 | −0.299% | $411K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,483.8 | −0.008% | $1.5M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,482.9 | −0.069% | $62K | $304K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,481.3 | −0.179% | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0077% | 8h | 1,482.5 | −0.094% | $299K | $1.1M | 20x | as long as short |
Injective ZEC/USDC PERP
Bulk ZEC-USD
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps ZECUSD | +0.0082% | 1h | 1,478.4 | −0.370% | $47K | $64K | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,484.4 | +0.034% | $167K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0098% | 8h | 1,483.2 | −0.046% | $10K | $873K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,483.9 | −0.002% | $2.7M | $7.0M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,484 | +0.004% | $13.9M | $30.9M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,482.7 | −0.082% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,484.4 | +0.032% | $691.4M | $2.30B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,483.6 | −0.020% | $265.3M | $633.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,483.6 | −0.024% | $179.6M | $1.32B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,482.2 | −0.117% | $403K | $511K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,484.3 | +0.026% | $54.4M | $183.6M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,484.3 | +0.023% | $244.4M | $786.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,484.6 | +0.046% | $101.5M | $57.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,483.6 | −0.020% | $159.6M | $289.1M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,483.3 | −0.041% | — | $6.7M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,484.4 | +0.032% | $2.3M | $3.9M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,480.4 | −0.237% | $48.2M | $34.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,476.5 | −0.503% | $565K | $8.9M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,477 | −0.469% | $3.0M | $511K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,476.4 | −0.511% | $406K | $936K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,477.3 | −0.447% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,484.4 | +0.032% | $357K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,483.9 | −0.004% | $163K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,473.4 | −0.710% | $450K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,484.8 | +0.056% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,482.5 | −0.095% | $252K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,481.8 | −0.147% | $2.6M | $19.7M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,483.9 | long leg | $4.0M | $5.0M | 50x | |
| Paradex ZEC-USD-PERPshort | +0.0100% | 8h | 1,482.6 | −0.088% | $61K | $43K | 10x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,484.2 | +0.015% | $2.7M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,482.7 | −0.082% | $42K | $152K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,481.2 | −0.186% | $927K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,481.2 | −0.185% | $4.7M | $1.4M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0136% | 1h | 1,484.9 | +0.062% | $8K | $7K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0145% / S −0.0154% | 1h | 1,476.9 | −0.473% | $478K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0170% | 1h | 1,483.5 | −0.029% | $677K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,485.3 | +0.095% | $636K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0248% | 1h | 1,484.5 | +0.041% | $2.1M | $7.4M | 10x | as long as short |
| Hyperliquid ZEC | +0.0251% | 1h | 1,485 | +0.072% | $770.7M | $441.2M | 10x | as long as short |
| Lighter ZEC | +0.0320% | 1h | 1,485.3 | +0.093% | $19.6M | $46.0M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,484.8 | +0.060% | $3.6M | $10.0M | 50x | as long as short |
Aftermath Perps ZECUSD
Popdex ZECUSDT
Katana Perps ZEC-USD
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
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
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Phoenix ZEC
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Lighter RH ZEC
Hyperliquid ZEC
Lighter ZEC
Coinbase International ZEC-PERP-INTX