Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance+0.008%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$10as in the Price arb table

costs, in and out, $10k−$100.105% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.008%, 7d avg +0.001%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZECUSDT	1,462.3	0.0100	pay 0.0100% / 8h	1h 37m	$673.7M	$2.50B	75x
Short	MEXC ZEC_USDT	1,462.4	0.0100	get 0.0100% / 8h	1h 37m	$221.6M	$859.3M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.001%: $0.77
Slippage, 4 orders: −$0.48
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$9.71
Costs to cover: 0.105%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 2 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 Binance live order book, 7 min ago	0.03 bp	5.0 bp −$5	5.3 bp −$53	12.1 bp −$1,212	19.8 bp −$9,917
Sell MEXC live order book, 2 min ago	0.20 bp	0.2 bp $0	0.2 bp −$2	1.0 bp −$105	61.4 bp −$30.7K

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	−0.3310%	1h	1,462.2	−0.003%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0405%	1h	1,462.1	−0.009%	$17.8M	$44.8M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0225%	1h	1,466	+0.256%	$398K	$520K	5x	as long as short
BloFin ZEC-USDT	−0.0088%	8h	1,462.7	+0.027%	$29.1M	$75.2M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,460.4	−0.128%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0050%	8h	1,461.5	−0.049%	$270.7M	$673.7M	75x	as long as short
Variational Omni ZEC	−0.0026%	8h	1,465.3	+0.205%	$46.6M	$34.0M	—	as long as short
ApeX Omni ZECUSDT	−0.0024%	1h	1,463.5	+0.084%	$430K	$820K	50x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L −0.0017% / S +0.0093%	1h	1,462.7	+0.033%	$541K	—	100x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,461.6	−0.044%	$412K	$106K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXZECPERP	0.0000%	8h	1,463	+0.051%	$885K	$5.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,462	−0.016%	$83K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,462.4	+0.012%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0014%	8h	1,461.8	−0.031%	$291K	$1.5M	20x	as long as short
Bulk ZEC-USD	+0.0030%	1h	1,466	+0.257%	$905K	$27K	10x	as long as short
Gate ZEC_USDT	+0.0047%	8h	1,462.4	+0.011%	$49.9M	$184.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0047%	8h	1,461.8	−0.029%	$175.7M	$1.35B	50x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,462.5	+0.019%	$8K	$8K	5x	as long as short
Phoenix ZEC	+0.0075%	1h	1,461.4	−0.061%	$4.6M	$1.6M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0096%	1h	1,462.9	+0.042%	$595K	$1.3M	25x	as long as short
Katana Perps ZEC-USD	+0.0096%	8h	1,462.4	+0.010%	$14K	$862K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,462.7	+0.029%	$18.9M	$52.5M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,461.8	−0.034%	$173K	$1.9M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,461	−0.085%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,461.6	−0.042%	$2.5M	$6.9M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,462.9	+0.044%	$758.2M	$484.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,462	−0.018%	$15.6M	$33.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,461.6	−0.042%	$1.7M	$3.0M	10x	as long as short
Binance ZECUSDTlong	+0.0100%	8h	1,462.3	long leg	$673.7M	$2.50B	75x
MEXC ZEC_USDTshort	+0.0100%	8h	1,462.4	+0.008%	$221.6M	$859.3M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,461.8	−0.034%	$103.5M	$56.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,462	−0.017%	$161.7M	$306.9M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,461.4	−0.062%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,463.4	+0.076%	$509K	$9.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,462.3	+0.005%	$3.0M	$481K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,462.9	+0.047%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,462	−0.018%	$343K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,462.3	+0.003%	$127K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,460.4	−0.128%	$446K	$502K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,463.9	+0.115%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,461.8	−0.032%	$222K	$4.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,460	−0.152%	$2.5M	$24.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,462.3	+0.003%	$3.8M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,462.3	+0.004%	$3.2M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,462.3	+0.004%	$36K	$367K	20x	as long as short
RISEx ZEC/USDC	+0.0190%	1h	1,462.2	−0.006%	$841K	$1.7M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0203%	1h	1,462.4	+0.012%	$2.3M	$3.9M	15x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,462.5	+0.014%	$2.0M	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0424%	1h	1,462.6	+0.023%	$3.7M	$11.6M	50x	as long as short
Arcus ZEC-USD	+0.0444%	1h	1,463	+0.053%	$744K	$8.1M	10x	as long as short
Aftermath Perps ZECUSD	+0.0536%	1h	1,464.6	+0.161%	$40K	$34K	10x	as long as short