Funding you earn now, next payment 08:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.077%
Price spread now: Coinbase International against StandX+0.009%46s7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+1.364%+$136 · spread now +0.009%, 7d avg +0.118%
=Together, before fees+1.317%+ Points / potential airdropStandX: Active · farm board+$132 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.109% cheaper against StandX than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.118%). If the spread goes back, that is −$11 on $10k: about 33 hours of funding at the current rate (+$8 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.047% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX ZEC-USD | 1,504.7 | 0.0100 | pay 0.0013% / 1h | 30m 21s | $50K | $4.6M | 30x |
| Short | Coinbase International ZEC-PERP-INTX | 1,504.8 | 0.0368 | get 0.0046% / 1h | 30m 21s | $3.8M | $10.0M | 50x |
StandX ZEC-USD
Coinbase International ZEC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against StandX. 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
- $56.28
- Price spread: +0.009% → +0.118%
- −$10.93
- Slippage, 4 orders
- −$29.52
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.17
- Costs to cover
- 0.475%
- Break-even
- 7.3 days
Slippage from StandX: live order book, 4 min ago; Coinbase International: live order book, 4 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 StandX live order book, 4 min ago | 5.61 bp | 9.8 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.63 bp | 14.0 bp −$14 | 16.2 bp −$162 | 37.5 bp −$3,754 | 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 | −0.3702% | 1h | 1,491.4 | −0.880% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,502.1 | −0.170% | $62K | $305K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0204% | 1h | 1,505.7 | +0.069% | $48K | $58K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0155% | 8h | 1,503.6 | −0.070% | $31.8M | $76.4M | 75x | as long as short |
| Bulk ZEC-USD | −0.0098% | 1h | 1,506.5 | +0.124% | $775K | $147K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,502.1 | −0.167% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,501.8 | −0.189% | $417K | $34K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,504.1 | −0.039% | $1.6M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,503 | −0.108% | $5.4M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0019% | 1h | 1,503.6 | −0.070% | $18.3M | $48.0M | 25x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Bulk ZEC-USD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,502.3 | −0.160% | $8K | $6K | 5x | as long as short |
| Gate ZEC_USDT | +0.0065% | 8h | 1,502.5 | −0.143% | $60.4M | $185.8M | 75x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,507 | +0.156% | $4.8M | $1.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0085% | 8h | 1,502.9 | −0.119% | $303K | $861K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,503.4 | −0.083% | $19.5M | $45.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,503.2 | −0.100% | $2.1M | $7.5M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,502.4 | −0.154% | $171K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,502.1 | −0.170% | $62K | $17K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,502.3 | −0.154% | $16K | $898K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,501.9 | −0.180% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,502.8 | −0.124% | $786.2M | $446.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,502.4 | −0.152% | $14.1M | $30.7M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,502.4 | −0.152% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,503 | −0.113% | $709.8M | $2.33B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,502.3 | −0.160% | $269.3M | $624.7M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,502.8 | −0.125% | $184.9M | $1.37B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,501.6 | −0.203% | $408K | $557K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,503.2 | −0.100% | $611K | $9.0M | 10x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,502.8 | −0.126% | $404.8M | $835.4M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,502.5 | −0.145% | $102.6M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,502.9 | −0.120% | $162.5M | $295.6M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,502.8 | −0.125% | — | $120.2M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,502.5 | −0.140% | $49.7M | $36.0M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,505.3 | +0.042% | $555K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,506.8 | +0.139% | $3.1M | $533K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,505.8 | +0.076% | $413K | $952K | 50x | as long as short |
| StandX ZEC-USDlong | +0.0100% | 1h | 1,504.7 | long leg | $50K | $4.6M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,502.7 | −0.130% | $373K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,502.8 | −0.122% | $168K | $194K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,502.5 | −0.143% | $449K | $419K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,505.8 | +0.075% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,503.3 | −0.090% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,502.4 | −0.150% | $2.7M | $21.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,504 | −0.046% | $4.0M | $4.9M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,502.1 | −0.168% | $2.8M | $8.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,503.1 | −0.102% | $44K | $153K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0157% | 1h | 1,502.4 | −0.152% | $994K | $1.1M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0159% / S −0.0164% | 1h | 1,503.5 | −0.078% | $334K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0169% | 1h | 1,503.9 | −0.048% | $688K | $1.4M | 25x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0315% | 1h | 1,503.7 | −0.064% | $2.4M | $3.8M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTXshort | +0.0368% | 1h | 1,504.8 | +0.009% | $3.8M | $10.0M | 50x |
01 Exchange ZECUSD
Gate ZEC_USDT
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
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
RISEx ZEC/USDC
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL
Backpack ZEC_USDC_PERP