Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.017%

Price spread now: 01 Exchange against Binance+0.039%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance ZECUSDT	1,459.7	0.0100	pay 0.0100% / 8h	4h 00m	$670.5M	$2.21B	75x
Short	01 Exchange ZECUSD	1,460.3	0.0088	get 0.0011% / 1h	0m 35s	$8K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.039%Rate

Funding earned: −$2.52
Price spread: +0.039% → 0.000%: $3.93
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$15.59
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 14 min ago	0.03 bp	5.0 bp −$5	6.4 bp −$64	16.0 bp −$1,603	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3166%	1h	1,457.9	−0.120%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,458.3	−0.095%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0070%	8h	1,459.1	−0.040%	$29.5M	$71.0M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,458.2	−0.102%	$411K	$37K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,458.6	−0.074%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,458.5	−0.083%	$83K	$240K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.8	−0.132%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,458.5	−0.085%	$291K	$952K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0071% / S −0.0023%	1h	1,457.5	−0.148%	$409K	—	100x	as long as short
01 Exchange ZECUSDshort	+0.0088%	1h	1,460.3	+0.039%	$8K	$7K	5x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,459.7	−0.002%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,459.6	−0.004%	$10K	$858K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,459.4	−0.022%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,459.6	−0.007%	$2.9M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,460.7	+0.069%	$759.9M	$431.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,459.3	−0.025%	$14.8M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,459.5	−0.014%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDTlong	+0.0100%	8h	1,459.7	long leg	$670.5M	$2.21B	75x
Bybit ZECUSDT	+0.0100%	8h	1,459.3	−0.026%	$262.0M	$602.0M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,459.8	+0.004%	$178.3M	$1.22B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,457.6	−0.144%	$396K	$442K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	−0.148%	$880K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,459.2	−0.036%	$50.6M	$175.5M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,459.3	−0.028%	$215.1M	$777.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,459.2	−0.035%	$103.0M	$54.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,459.4	−0.021%	$165.9M	$270.9M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,458.2	−0.104%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,457.6	−0.143%	$47.8M	$32.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,458.8	−0.063%	$568K	$8.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.1	−0.040%	$3.0M	$451K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,459.1	−0.042%	$405K	$942K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,457.7	−0.140%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,458	−0.116%	$354K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,458.1	−0.110%	$161K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,457.2	−0.173%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,460.5	+0.058%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,458.4	−0.086%	$233K	$3.4M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,458	−0.116%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,459.2	−0.033%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,459.2	−0.034%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,458.2	−0.102%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0123%	1h	1,458.7	−0.070%	$4.6M	$1.3M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0189%	1h	1,459.4	−0.022%	$2.4M	$3.9M	15x	as long as short
Lighter ZEC	+0.0248%	1h	1,460.5	+0.056%	$19.3M	$46.0M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0277%	1h	1,458.4	−0.087%	$18.0M	$45.2M	25x	as long as short
Lighter RH ZEC	+0.0312%	1h	1,460.7	+0.067%	$2.1M	$7.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0319%	1h	1,459.2	−0.035%	$616K	$1.3M	25x	as long as short
RISEx ZEC/USDC	+0.0412%	1h	1,459.6	−0.008%	$924K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,459.9	+0.015%	$3.8M	$9.1M	50x	as long as short
Arcus ZEC-USD	+0.0626%	1h	1,460.5	+0.054%	$679K	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0679%	1h	1,458.8	−0.063%	$45K	$49K	10x	as long as short