Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.009%
Price spread now: Aevo against BingX−0.017%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 3 days (all we have)+0.226%+$23 · spread now −0.017%, 7d avg +0.005%
Together, before fees+0.397%+$40 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.022% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDT1,472.60.0100pay 0.0100% / 8h7h 42m$100.9M
ShortAevo ZEC-PERP1,472.40.0104get 0.0013% / 1h42m 05s$72K$173K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against BingX. 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

Funding earned
$0.84
Price spread: −0.017% → +0.005%
−$2.17
Slippage, 4 orders
−$16.05
Fee BingX: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$43.38
Costs to cover
0.420%
Break-even
368.5 days
Slippage from BingX: live order book, 7 min ago; Aevo: live order book, 32 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago0.51 bp5.5 bp −$66.2 bp −$6214.3 bp −$1,43424.6 bp −$12.3K
Sell Aevo live order book, 32 min ago2.68 bp17.6 bp −$1824.4 bp −$24435.3 bp −$3,529doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3321%1h1,474.8+0.147%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,472.6+0.002%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0149%1h1,471.2−0.096%$400K$519K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,471.5−0.079%$29.7M$73.9M75xas long as short
Bybit ZECUSDT−0.0082%8h1,472.2−0.027%$275.0M$642.0M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.5−0.009%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,473.5+0.059%$47.7M$34.4Mas long as short
dYdX ZEC-USD0.0000%1h1,472.9+0.016%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.2−0.026%$959K$5.4M2.2xas long as short
Perpl ZEC0.0000%43m1,472.6−0.001%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.9+0.020%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,472.4−0.014%$294K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0041%8h1,472.5−0.006%$182.0M$1.31B50xas long as short
Phoenix ZEC+0.0054%1h1,475.9+0.221%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.7+0.007%$378K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,473.3+0.049%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,472.5−0.007%$176K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.2−0.031%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.2−0.030%$14K$840K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.8+0.009%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.9+0.087%$764.9M$459.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.3−0.023%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,472.3−0.020%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.8+0.014%$684.4M$2.41B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.5+0.060%$696K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.7+0.007%$51.5M$178.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.6+0.001%$230.6M$822.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.7+0.005%$105.1M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.8+0.012%$163.8M$295.3M75xas long as short
BingX ZEC-USDTlong+0.0100%8h1,472.6long leg$100.9M
edgeX ZECUSDC+0.0100%4h1,474.6+0.135%$574K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4+0.053%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.9+0.222%$432K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.3+0.045%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.2−0.029%$333K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.4−0.013%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.8−0.127%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.7+0.143%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.5−0.012%$243K$4.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.072%$2.5M$21.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.4+0.054%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3+0.117%$897K$28K10xas long as short
Extended ZEC-USD+0.0104%1h1,472.7+0.003%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,472.4−0.017%$72K$173K20x
Lighter ZEC+0.0112%1h1,474.1+0.098%$19.2M$50.3M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,473.3+0.043%$842K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0281%1h1,473.7+0.071%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,474.1+0.101%$3.8M$10.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0584%1h1,473.8+0.077%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0768%1h1,475.3+0.181%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSD+0.0776%1h1,473.8+0.081%$44K$48K10xas long as short