Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.3344%/8h= −366.2% APRpaid last 24h −0.584%
Price spread now: Injective against SunX−1.289%7-day average −0.035% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−2.502%−$250 on $10k
Price spread, last 4 days (all we have)+2.369%+$237 · spread now −1.289%, 7d avg −0.035%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$100 a day on $10k at the current rate, and Injective is 1.254% cheaper against SunX than usual: you would sell low and buy high (−$125 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,4600.0100pay 0.0100% / 8h5h 10m$3K$1.2M20x
ShortInjective ZEC/USDC PERP1,441.1−0.3244pay 0.0406% / 1h10m 54s$33K$272K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against SunX. 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

Funding earned
−$702.32
Price spread: −1.289% → −0.035%
−$125.43
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$835.76
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; Injective: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 2 min ago29.02 bp50.4 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Injective live order book, 53 min ago66.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERPshort−0.3244%1h1,441.1−1.289%$33K$272K12x
BloFin ZEC-USDT−0.0084%8h1,457.8−0.148%$29.4M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5−0.171%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,456.9−0.207%$410K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.3−0.116%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8−0.217%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.9−0.144%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,458.4−0.110%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.166%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,458.4−0.107%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.3−0.184%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457−0.199%$13K$867K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3−0.180%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.5−0.167%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.2−0.051%$758.2M$434.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.4−0.175%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,457.5−0.166%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.4−0.178%$668.2M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.9−0.208%$263.1M$605.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.5−0.171%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.319%$396K$437K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.171%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.2−0.186%$50.2M$175.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.4−0.173%$213.9M$780.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.5−0.171%$102.1M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.5−0.166%$161.9M$273.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.7−0.152%$96.9Mas long as short
Variational Omni ZEC+0.0100%8h1,456.4−0.244%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.7−0.224%$567K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.229%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.2−0.258%$410K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.232%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457−0.202%$369K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8−0.147%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.9−0.207%$445K$521K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,460long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,457.7−0.157%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.8−0.219%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458−0.136%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457−0.201%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.8−0.148%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0106%1h1,458.9−0.075%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0144%1h1,457.6−0.162%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.159%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0248%1h1,459.1−0.059%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.6−0.095%$714K$8.5M10xas long as short
Lighter RH ZEC+0.0368%1h1,459.7−0.017%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.8−0.148%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.8−0.010%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0476%1h1,459.5−0.034%$613K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0690%1h1,458.7−0.087%$45K$49K10xas long as short