Funding you earn now, next payment 05:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.015%
Price spread now: RISEx against Phemex+0.013%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.427% of the position
Funding, last 4 days (all we have)+0.235%+$24 on $10k
+Price spread, last 4 days (all we have)−0.361%−$36 · spread now +0.013%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,460.6 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $3.8M | $4.9M | 50x |
| Short | RISEx ZEC/USDC | 1,460.7 | 0.0216 | get 0.0027% / 1h | 18m 19s | $924K | $1.1M | 10x |
Phemex ZECUSDT
RISEx ZEC/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $24.35
- Price spread: +0.013% → +0.006%
- $0.77
- Slippage, 4 orders
- −$24.7
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$17.57
- Costs to cover
- 0.427%
- Break-even
- 12.1 days
Slippage from Phemex: live order book, 6 min ago; RISEx: live order book, just now.
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, 6 min ago | 2.13 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, just now | 1.57 bp | 4.6 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
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 | 1,460.5 | −0.001% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,461 | +0.028% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0070% | 8h | 1,460.7 | +0.010% | $29.5M | $70.7M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,460.9 | +0.023% | $406K | $41K | 5x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,460.4 | −0.009% | $83K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,460.5 | −0.002% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0063% | 8h | 1,460 | −0.041% | $292K | $916K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0086% / S −0.0037% | 1h | 1,460.8 | +0.017% | $435K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0093% | 1h | 1,460.8 | +0.018% | $615K | $1.3M | 25x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,460.4 | −0.008% | $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
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
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 | 1,460.9 | +0.023% | $14K | $810K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,460.9 | +0.024% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,461.2 | +0.047% | $2.8M | $6.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,461 | +0.029% | $14.5M | $27.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,461.5 | +0.066% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,460.9 | +0.026% | $672.1M | $2.18B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,459.6 | −0.065% | $261.3M | $589.9M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,460 | −0.040% | $179.1M | $1.20B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,458.4 | −0.147% | $396K | $435K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,457.9 | −0.182% | $881K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,460.9 | +0.021% | $51.8M | $172.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,461 | +0.032% | $219.1M | $771.8M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,460.2 | −0.027% | $103.0M | $53.1M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,460.5 | −0.002% | $165.7M | $268.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,460.8 | +0.020% | — | $106.6M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,459.8 | −0.053% | $47.8M | $32.7M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,459.6 | −0.062% | $568K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,461.4 | +0.058% | $3.0M | $463K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,460.7 | +0.008% | $403K | $943K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,459.3 | −0.088% | $49K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,461 | +0.031% | $355K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,460.9 | +0.025% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,459.1 | −0.101% | $445K | $504K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,463.2 | +0.178% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,460.2 | −0.027% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,458.6 | −0.134% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,460.6 | long leg | $3.8M | $4.9M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.9 | −0.041% | $2.8M | $7.7M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,459.6 | −0.063% | $47K | $151K | 20x | as long as short |
| Phoenix ZEC | +0.0116% | 1h | 1,461.1 | +0.040% | $4.6M | $1.3M | 10x | as long as short |
| Lighter RH ZEC | +0.0120% | 1h | 1,462.1 | +0.107% | $2.1M | $7.0M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,461 | +0.027% | $8K | $7K | 5x | as long as short |
| Hyperliquid ZEC | +0.0144% | 1h | 1,462.5 | +0.134% | $762.0M | $424.6M | 10x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,462 | +0.098% | $19.4M | $45.3M | 20x | as long as short |
| Kalshi KXZECPERP | +0.0197% | 8h | 1,461.4 | +0.057% | $1.5M | $4.4M | 2.2x | as long as short |
| RISEx ZEC/USDCshort | +0.0216% | 1h | 1,460.7 | +0.013% | $924K | $1.1M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0232% | 1h | 1,461.4 | +0.058% | $2.4M | $3.8M | 15x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0332% | 1h | 1,460.3 | −0.016% | $18.1M | $45.2M | 25x | as long as short |
| Arcus ZEC-USD | +0.0344% | 1h | 1,462 | +0.099% | $686K | $8.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0464% | 1h | 1,463.1 | +0.177% | $3.8M | $9.2M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0676% | 1h | 1,459.6 | −0.068% | $45K | $49K | 10x | as long as short |
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
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-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
Extended ZEC-USD
Aevo ZEC-PERP
Phoenix ZEC
Lighter RH ZEC
01 Exchange ZECUSD
Hyperliquid ZEC
Lighter ZEC
Kalshi KXZECPERP
Backpack ZEC_USDC_PERP
Kraken Futures PF_ZECUSD
Arcus ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD