ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.029%

Price spread now: dYdX against StandX−0.095%72s7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$104as 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−$1000.999% of the position

Long on StandX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.358%+$36 · spread now −0.095%, 7d avg −0.017%

Together, before fees+0.316%+ Points / potential airdropStandX: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.077% cheaper against StandX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.017%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX ZEC-USD	1,479.1	0.0100	pay 0.0013% / 1h	29m 30s	$56K	$4.6M	30x
Short	dYdX ZEC-USD	1,477.7	0	get 0.0000% / 1h	29m 30s	$411K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now −0.095%Rate

Funding earned: −$21
Price spread: −0.095% → −0.017%: −$7.75
Slippage, 4 orders: −$81.86
Fee StandX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$128.61
Costs to cover: 0.999%
Break-even: never at this rate

Slippage from StandX: live order book, 5 min ago; dYdX: live order book, 15 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, 5 min ago	3.69 bp	8.1 bp −$8	11.8 bp −$118	doesn't fit	doesn't fit
Sell dYdX live order book, 15 min ago	36.73 bp	42.3 bp −$42	61.2 bp −$612	124.5 bp −$12.4K	137.9 bp −$69.0K

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	−0.3684%	1h	1,462	−1.153%	$36K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0166%	1h	1,477.1	−0.135%	$892K	$9K	10x	as long as short
BloFin ZEC-USDT	−0.0131%	8h	1,478	−0.076%	$30.5M	$73.8M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,478.5	−0.043%	$17.9M	$47.2M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,478.4	−0.049%	$6K	$1K	10x	as long as short
dYdX ZEC-USDshort	0.0000%	1h	1,477.7	−0.095%	$411K	$35K	5x
Kalshi KXZECPERP	0.0000%	8h	1,479	−0.007%	$1.5M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.8	−0.220%	$63K	$303K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,478	−0.072%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0077%	8h	1,478	−0.072%	$298K	$1.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,477.6	−0.103%	$164K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,477.1	−0.132%	$10K	$869K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477.8	−0.089%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,477.1	−0.131%	$13.8M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,478.1	−0.070%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,477.5	−0.105%	$687.8M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,477.5	−0.108%	$263.6M	$632.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,477.7	−0.097%	$179.0M	$1.31B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,475.2	−0.263%	$403K	$508K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,477.4	−0.113%	$54.2M	$182.9M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,477.6	−0.104%	$241.1M	$784.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,478.3	−0.053%	$101.2M	$57.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,477.8	−0.087%	$159.0M	$288.7M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,476.6	−0.170%	—	$6.7M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,478.8	−0.023%	$2.3M	$3.9M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,477.6	−0.100%	$48.1M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,477.2	−0.131%	$565K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,478.3	−0.050%	$3.0M	$498K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.9	−0.149%	$406K	$935K	50x	as long as short
StandX ZEC-USDlong	+0.0100%	1h	1,479.1	long leg	$56K	$4.6M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,477.4	−0.114%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,478.3	−0.055%	$162K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.4	−0.385%	$450K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,480.9	+0.120%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,478.3	−0.053%	$252K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,477.7	−0.097%	$2.6M	$19.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,478.7	−0.029%	$3.9M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.7	−0.094%	$61K	$43K	10x	as long as short
Aftermath Perps ZECUSD	+0.0101%	1h	1,477.8	−0.085%	$47K	$64K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,477.4	−0.112%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,478.1	−0.064%	$42K	$152K	20x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,478.5	−0.043%	$925K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,478.9	−0.015%	$4.7M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0143% / S −0.0148%	1h	1,478.1	−0.066%	$479K	—	100x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,477.8	−0.087%	$8K	$7K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0209%	1h	1,478.9	−0.011%	$675K	$1.4M	25x	as long as short
Arcus ZEC-USD	+0.0221%	1h	1,479.4	+0.022%	$633K	$8.6M	10x	as long as short
Hyperliquid ZEC	+0.0251%	1h	1,479.3	+0.014%	$767.7M	$442.3M	10x	as long as short
Lighter RH ZEC	+0.0256%	1h	1,478.4	−0.048%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0320%	1h	1,479.6	+0.038%	$19.4M	$45.8M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,480.3	+0.083%	$3.6M	$9.9M	50x	as long as short