Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.014%
Price spread now: Bitget against Backpack−0.126%7-day average −0.364% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 7 days+1.031%+$103 · spread now −0.126%, 7d avg −0.364%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.238% dearer against Backpack than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.364%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ZEC_USDC_PERP | 1,458.8 | 0.0100 | pay 0.0013% / 1h | 19m 37s | $2.3M | $4.1M | 15x |
| Short | Bitget ZECUSDT | 1,457 | 0.0100 | get 0.0100% / 8h | 2h 19m | $161.3M | $313.3M | 75x |
Backpack ZEC_USDC_PERP
Bitget ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.126% → −0.364%
- $23.77
- Slippage, 4 orders
- −$8.26
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$6.49
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 4 min ago; Bitget: live order book, 5 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 Backpack live order book, 4 min ago | 0.03 bp | 5.1 bp −$5 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.55 bp | 8.0 bp −$8 | 11.7 bp −$117 | 18.1 bp −$1,811 | 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 | −0.3476% | 1h | 1,433.1 | −1.762% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0085% | 8h | 1,456.9 | −0.134% | $28.8M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,458.1 | −0.053% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,457.9 | −0.065% | $17.7M | $44.7M | 25x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.8 | −0.005% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,455.9 | −0.203% | $933K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.2 | −0.181% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,459.1 | +0.014% | $594K | $1.3M | 25x | as long as short |
| Bybit ZECUSDT | +0.0003% | 8h | 1,455.7 | −0.214% | $267.6M | $677.0M | 75x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.5 | −0.090% | $5.2M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Bybit ZECUSDT
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | +0.0008% | 8h | 1,455.6 | −0.223% | $45.8M | $33.2M | — | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,458.1 | −0.048% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0022% / S +0.0071% | 1h | 1,457.5 | −0.090% | $557K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,457.4 | −0.099% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0058% | 8h | 1,456.4 | −0.169% | $173.5M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0075% | 8h | 1,457.4 | −0.096% | $49.5M | $190.4M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0092% | 1h | 1,454.6 | −0.291% | $395K | $521K | 5x | as long as short |
| Aster ZECUSDT | +0.0094% | 8h | 1,457.5 | −0.092% | $15.3M | $34.4M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,456.9 | −0.130% | $13K | $871K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,458.9 | +0.007% | $18.9M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,456.8 | −0.139% | $173K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,457.4 | −0.100% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,457.9 | −0.062% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,458.8 | −0.003% | $753.7M | $494.4M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,457.8 | −0.071% | $1.6M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,456.7 | −0.148% | $664.5M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,457.7 | −0.081% | $215.7M | $897.1M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,457.4 | −0.098% | $103.1M | $57.1M | 75x | as long as short |
| Bitget ZECUSDTshort | +0.0100% | 8h | 1,457 | −0.126% | $161.3M | $313.3M | 75x | |
| BingX ZEC-USDC | +0.0100% | 8h | 1,456.8 | −0.137% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERPlong | +0.0100% | 1h | 1,458.8 | long leg | $2.3M | $4.1M | 15x | |
| edgeX ZECUSDC | +0.0100% | 4h | 1,456.3 | −0.171% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,455.5 | −0.227% | $3.0M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,457 | −0.127% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.5 | −0.095% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.4 | −0.167% | $345K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,457 | −0.124% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,457.2 | −0.112% | $443K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,458.5 | −0.021% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,458.2 | −0.042% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,458.7 | −0.012% | $2.4M | $25.0M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.9 | −0.066% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,455 | −0.264% | $896K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,455.5 | −0.227% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,457.8 | −0.069% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,458.8 | −0.004% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,457.6 | −0.082% | $862K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,459.4 | +0.037% | $3.7M | $11.4M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0450% | 1h | 1,456.2 | −0.183% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,459 | +0.008% | $748K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0648% | 1h | 1,459.8 | +0.066% | $1.9M | $8.5M | 10x | as long as short |
Variational Omni ZEC
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Ondo Perps ZEC-USD.P
Aster ZECUSDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC