Funding you earn now, next payment 12:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.039%
Price spread now: Orderly against RISEx+0.097%7-day average −0.022% · 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)−0.286%−$29 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.097%, 7d avg −0.022%
=The price spread pays, funding is against you. Orderly is 0.118% dearer against RISEx than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of −0.022%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 14 days. At the pace of the last 4 days (−0.286% in total) that is about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ZEC/USDC | 1,497.6 | 0.0083 | pay 0.0010% / 1h | 46m 30s | $906K | $1.3M | 10x |
| Short | Orderly PERP_ZEC_USDC | 1,499 | 0.0056 | get 0.0056% / 8h | 4h 46m | $303K | $652K | 20x |
RISEx ZEC/USDC
Orderly PERP_ZEC_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$5.73
- Price spread: +0.097% → −0.022%
- $11.84
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$5.89
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, just now; 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 RISEx live order book, just now | 2.00 bp | 5.0 bp −$5 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 exchanges
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 | −0.3418% | 1h | 1,485.9 | −0.782% | $36K | $267K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,496.2 | −0.090% | $63K | $296K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0254% | 1h | 1,498.8 | +0.078% | $47K | $76K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0178% | 8h | 1,499.2 | +0.106% | $32.0M | $72.0M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0148% | 1h | 1,499.8 | +0.148% | $407K | $481K | 5x | as long as short |
| ApeX Omni ZECUSDT | −0.0101% | 1h | 1,494.7 | −0.194% | $408K | $959K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,499.7 | +0.143% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,499.1 | +0.103% | $413K | $29K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,499.6 | +0.138% | $1.5M | $4.9M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,498.1 | +0.035% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
ApeX Omni ZECUSDT
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USDShow all 51 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0008% | 1h | 1,497.9 | +0.019% | $8K | $6K | 5x | as long as short |
| Orderly PERP_ZEC_USDCshort | +0.0056% | 8h | 1,499 | +0.097% | $303K | $652K | 20x | |
| Phoenix ZEC | +0.0064% | 1h | 1,494.5 | −0.205% | $4.8M | $1.3M | 10x | as long as short |
| RISEx ZEC/USDClong | +0.0083% | 1h | 1,497.6 | long leg | $906K | $1.3M | 10x | |
| Aster ZECUSDT | +0.0086% | 8h | 1,498 | +0.026% | $14.3M | $25.4M | 75x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,498.9 | +0.088% | $20.1M | $37.5M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,499.2 | +0.109% | $2.1M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,498 | +0.031% | $168K | $1.3M | 50x | as long as short |
| Gate ZEC_USDT | +0.0098% | 8h | 1,497.9 | +0.021% | $64.8M | $163.5M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0099% | 8h | 1,497.5 | −0.006% | $23K | $861K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,497.6 | 0.000% | $62K | $14K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,499.6 | +0.133% | $3.1M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,498.8 | +0.081% | $791.2M | $418.9M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,497.9 | +0.023% | $1.5M | $2.1M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,498.3 | +0.050% | $699.9M | $2.12B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,497.8 | +0.011% | $274.4M | $577.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,498 | +0.026% | $185.5M | $1.25B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,498.9 | +0.085% | $598K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,501.7 | +0.274% | $777K | $182K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,498.2 | +0.043% | $180.0M | $800.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,498 | +0.026% | $105.4M | $50.9M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,498.3 | +0.047% | $163.7M | $269.7M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,498.1 | +0.037% | — | $6.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,499.4 | +0.124% | $2.2M | $3.6M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,496.2 | −0.094% | $49.4M | $32.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,494.4 | −0.213% | $546K | $8.3M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,497.1 | −0.033% | $3.1M | $642K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,499.7 | +0.143% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,497.9 | +0.021% | $367K | $1.4M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,498.2 | +0.044% | $169K | $188K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,498.5 | +0.062% | $391K | $494K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,501.7 | +0.273% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,499.1 | +0.100% | $257K | $3.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,499 | +0.095% | $2.7M | $20.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,499.3 | +0.117% | $4.0M | $4.7M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,497.7 | +0.010% | $2.7M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,498.7 | +0.074% | $37K | $163K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0167% | 1h | 1,500.1 | +0.168% | $693K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0178% | 1h | 1,499.6 | +0.135% | $18.5M | $45.3M | 25x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0205% / S −0.0227% | 1h | 1,498.3 | +0.049% | $348K | — | 100x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0392% | 1h | 1,499.7 | +0.141% | $4.0M | $9.3M | 50x | as long as short |
01 Exchange ZECUSD
Phoenix ZEC
Aster ZECUSDT
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Arcus ZEC-USD
Bulk ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet 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
Kraken Futures PF_ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX