Funding you earn now, next payment 02:00 UTC−0.0274%/8h= −30.0% APRnext payment −$0.34 per $10,000 · paid last 24h −0.010%
Price spread now: Bullet against RISEx−0.098%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$220.218% of the position
Funding, last 3 days (all we have)−0.178%−$18 on $10k
+Price spread, last 4 days (all we have)+1.825%+$183 · spread now −0.098%, 7d avg −0.020%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Bullet is 0.078% cheaper against RISEx than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ZEC/USDC | 1,472.8 | 0.0374 | pay 0.0047% / 1h | 16m 28s | $866K | $1.0M | 10x |
| Short | Bullet ZEC-USD | 1,471.3 | 0.0100 | get 0.0013% / 1h | 16m 28s | $128K | $160K | 20x |
RISEx ZEC/USDC
Bullet ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against RISEx. 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
- −$57.47
- Price spread: −0.098% → −0.020%
- −$7.82
- Slippage, 4 orders
- −$7.82
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$87.1
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Bullet: live order book, 52 min ago.
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 RISEx live order book, 2 min ago | 2.10 bp | 5.1 bp −$5 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 52 min ago | 0.31 bp | 5.8 bp −$6 | 10.2 bp −$102 | doesn't fit | doesn't fit |
ZEC on 50 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 | −0.3678% | 1h | 1,459.6 | −0.898% | $34K | $274K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,471.8 | −0.065% | $6K | $1K | 10x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0016% | 1h | 1,472.5 | −0.019% | $399K | $516K | 5x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0002% | 1h | 1,471.9 | −0.058% | $18.1M | $43.8M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,471.9 | −0.062% | $414K | $53K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,471.1 | −0.111% | $973K | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,472.1 | −0.047% | $84K | $254K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,471.3 | −0.104% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0030% | 8h | 1,470.9 | −0.128% | $294K | $1.0M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0009% | 1h | 1,471.4 | −0.097% | $384K | — | 100x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Ondo Perps ZEC-USD.P
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]Show all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | +0.0055% | 8h | 1,474.3 | +0.101% | $48.1M | $32.6M | — | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,472.1 | −0.048% | $8K | $8K | 5x | as long as short |
| Phoenix ZEC | +0.0070% | 1h | 1,474.7 | +0.129% | $4.7M | $1.5M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0096% | 8h | 1,470.8 | −0.132% | $181.3M | $1.27B | 50x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,471.8 | −0.065% | $173K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,471.5 | −0.085% | $11K | $841K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,472.1 | −0.043% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,472.4 | −0.028% | $2.6M | $6.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.7 | −0.005% | $767.2M | $443.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.070% | $14.8M | $30.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,472.8 | +0.001% | $1.7M | $2.7M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,471.1 | −0.113% | $680.7M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,470.8 | −0.134% | $271.6M | $615.3M | 75x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,472.8 | 0.000% | $894K | $18K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471.4 | −0.092% | $50.2M | $176.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,471.7 | −0.075% | $216.3M | $801.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,471.9 | −0.062% | $103.4M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.7 | −0.071% | $163.5M | $282.4M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,471.8 | −0.064% | — | $100.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,473.6 | +0.056% | $574K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,474.3 | +0.100% | $3.0M | $453K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,474.1 | +0.089% | $429K | $895K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,471.4 | −0.096% | $71K | $4.7M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,471.5 | −0.087% | $346K | $1.8M | 10x | as long as short |
| Bullet ZEC-USDshort | +0.0100% | 1h | 1,471.3 | −0.098% | $128K | $160K | 20x | |
| Derive ZEC-PERP | +0.0100% | 1h | 1,470 | −0.189% | $457K | $511K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,473.1 | +0.020% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,471.5 | −0.084% | $243K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,471.6 | −0.082% | $2.5M | $18.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,472.1 | −0.047% | $3.9M | $5.4M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,472.2 | −0.042% | $3.2M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,471.2 | −0.110% | $48K | $162K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0139% | 1h | 1,472.1 | −0.046% | $612K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0248% | 1h | 1,473.6 | +0.058% | $19.2M | $48.2M | 20x | as long as short |
| Arcus ZEC-USD | +0.0254% | 1h | 1,473.6 | +0.053% | $693K | $8.6M | 10x | as long as short |
| Lighter RH ZEC | +0.0288% | 1h | 1,474.5 | +0.116% | $2.1M | $7.1M | 10x | as long as short |
| RISEx ZEC/USDClong | +0.0374% | 1h | 1,472.8 | long leg | $866K | $1.0M | 10x | |
| Backpack ZEC_USDC_PERP | +0.0460% | 1h | 1,471.8 | −0.064% | $2.5M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0472% | 1h | 1,476.8 | +0.275% | $3.7M | $9.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0746% | 1h | 1,473.5 | +0.046% | $44K | $46K | 10x | as long as short |
Variational Omni ZEC
01 Exchange ZECUSD
Phoenix ZEC
OKX ZEC-USDT-SWAP
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Arcus ZEC-USD
Lighter RH ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD