All ZEC pairs

ZEC funding carry: Bybit vs dYdX

Entering and exiting this pair costs 21 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
63.91%
Net APY on $10k
27.24%
Break-even
96.39h
Net positive for
36m
  • Net positive for only 36 min — needs ~96.39h to break even on entry/exit costs.
Short
dydx perp
ZEC/USD
Trade on dydx
Long
bybit perp
ZEC/USDT
Trade on bybit

Last 30 days

Above its costs
10.7% of the time
Net APY when above costs
48.03%
Net APY when below costs
-33.58%
Best single hour
120.69%

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
Bybit 5.5 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% 368h (15d) 105h (4d)
10% 184h (7d) 53h (2d)
20% 92h (3d) 26h
50% 37h 11h