All ZEC pairs

ZEC funding carry: Binance vs dYdX

Entering and exiting this pair costs 2E+1 bps of notional at taker fees (6 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

Gross funding APR
63.92%
Net APY on $10k
28.93%
Break-even
91.98h
Net positive for
36m
  • Net positive for only 36 min — needs ~91.98h to break even on entry/exit costs.
Short
dydx perp
ZEC/USD
Trade on dydx
Long
binance perp
ZEC/USDT
Trade on binance

Last 30 days

Above its costs
12.2% of the time
Net APY when above costs
47.45%
Net APY when below costs
-32.15%
Best single hour
121.35%

Measured on 420 hours of ranking we recorded ourselves.

To keep this comparison honest, 248 outlier samples above 110.00% APY were capped; they are not tradable estimates.

Round-trip cost

Venue Taker Maker Perp instrument
Binance 5 2 ZECUSDT
dYdX 5 1 ZEC-USD

Other ZEC pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 350h (14d) 105h (4d)
10% 175h (7d) 53h (2d)
20% 88h (3d) 26h
50% 35h 11h