ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRnext payment +$0.02 per $10,000 · paid last 24h −0.002%

Price spread now: Deribit against StandX+0.151%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)+0.215%+$22 · spread now +0.151%, 7d avg +0.058%

Together, before fees+0.095%+ Points / potential airdropStandX: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Deribit is 0.093% dearer against StandX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.058%. Mind the row above: over the last 7 days funding on this pair cost −0.121%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,502.4	0.0100	pay 0.0013% / 1h	17m 56s	$56K	$4.6M	30x
Short	Deribit ZEC_USDC-PERPETUAL	1,504.6	0.0115	get 0.0014% / 1h	17m 56s	$687K	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee StandXbpFee DeribitbpOrdersPrice spread, now +0.151%Rate

Funding earned: $3.19
Price spread: +0.151% → +0.058%: $9.28
Slippage, 4 orders: −$18.35
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$20.88
Costs to cover: 0.334%
Break-even: 52.8 days

Slippage from StandX: live order book, 1 min ago; Deribit: live order book, 1 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, 1 min ago	3.49 bp	9.5 bp −$9	12.8 bp −$128	doesn't fit	doesn't fit
Sell Deribit live order book, 1 min ago	3.56 bp	7.1 bp −$7	13.4 bp −$134	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	−0.3442%	1h	1,479.6	−1.518%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,502.3	−0.007%	$62K	$303K	10x	as long as short
BloFin ZEC-USDT	−0.0148%	8h	1,504.3	+0.126%	$31.3M	$76.0M	75x	as long as short
Bulk ZEC-USD	−0.0108%	1h	1,495.7	−0.444%	$810K	$100K	10x	as long as short
Aftermath Perps ZECUSD	−0.0100%	1h	1,497.3	−0.338%	$48K	$58K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,503.4	+0.066%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,503.9	+0.101%	$418K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,504.3	+0.128%	$1.5M	$4.4M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,503.8	+0.091%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0012%	1h	1,504.5	+0.142%	$18.0M	$47.1M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZEC-USD.P	+0.0043%	1h	1,498	−0.292%	$408K	$555K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,503.7	+0.091%	$303K	$864K	20x	as long as short
01 Exchange ZECUSD	+0.0088%	1h	1,503.5	+0.077%	$8K	$6K	5x	as long as short
Phoenix ZEC	+0.0096%	1h	1,496	−0.424%	$4.8M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,503	+0.041%	$183K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,503.5	+0.074%	$12K	$891K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,503.7	+0.091%	$62K	$20K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,504.7	+0.156%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,504.6	+0.148%	$786.0M	$439.4M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,503.7	+0.089%	$14.1M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,503.8	+0.095%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,504	+0.106%	$703.6M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,503.6	+0.079%	$270.3M	$617.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,503.7	+0.087%	$183.9M	$1.34B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,504	+0.108%	$56.9M	$185.6M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,503.9	+0.099%	$242.0M	$804.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,503.9	+0.104%	$103.2M	$56.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,504	+0.105%	$162.6M	$289.0M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,503.6	+0.084%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,495.2	−0.479%	$48.9M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,493.9	−0.563%	$572K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,496.3	−0.405%	$3.1M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,494.6	−0.519%	$411K	$946K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,502.4	long leg	$56K	$4.6M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,503	+0.041%	$361K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,503.7	+0.086%	$165K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,502.7	+0.022%	$459K	$469K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,506.1	+0.250%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,503.8	+0.096%	$254K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,502.1	−0.019%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,503.6	+0.079%	$4.0M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,503.6	+0.080%	$2.8M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,503.9	+0.104%	$43K	$151K	20x	as long as short
Lighter RH ZEC	+0.0112%	1h	1,504.9	+0.168%	$2.1M	$7.4M	10x	as long as short
Deribit ZEC_USDC-PERPETUALshort	+0.0115%	1h	1,504.6	+0.151%	$687K	$1.4M	25x
RISEx ZEC/USDC	+0.0128%	1h	1,503.5	+0.078%	$946K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0146% / S −0.0143%	1h	1,504	+0.106%	$334K	—	100x	as long as short
Lighter ZEC	+0.0208%	1h	1,505.1	+0.181%	$20.0M	$45.8M	20x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,504.3	+0.129%	$610K	$8.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,504.8	+0.164%	$3.7M	$9.8M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0524%	1h	1,504.3	+0.124%	$2.3M	$3.8M	15x	as long as short