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: Binance against BingX+0.063%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on BingX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.024%+$2 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.063%, 7d avg +0.084%

Together, before fees+0.005%$0 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: Binance is 0.021% 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 +0.084%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEC-USDC	1,456.4	0.0100	pay 0.0100% / 8h	2h 15m	—	$6.8M	—
Short	Binance ZECUSDT	1,457.3	0.0100	get 0.0100% / 8h	2h 15m	$664.8M	$2.53B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BingXbpFee BinancebpOrdersPrice spread, now +0.063%Rate

Funding earned: $0
Price spread: +0.063% → +0.084%: −$2.1
Slippage, 4 orders: −$10.83
Fee BingX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$32.93
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Binance: live order book, 13 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 BingX live order book, 7 min ago	0.31 bp	10.3 bp −$10	14.5 bp −$145	32.0 bp −$3,197	82.4 bp −$41.2K
Sell Binance live order book, 13 min ago	0.03 bp	5.0 bp −$5	6.6 bp −$66	8.5 bp −$849	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	−1.594%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0086%	8h	1,455.9	−0.034%	$28.7M	$75.4M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,457.1	+0.051%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,456.7	+0.021%	$17.7M	$44.6M	25x	as long as short
Bybit ZECUSDT	−0.0004%	8h	1,456.3	−0.003%	$268.8M	$677.4M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,457.2	+0.057%	$410K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,457.1	+0.053%	$933K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,456.8	+0.027%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,457.5	+0.080%	$593K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.6	+0.087%	$5.2M	—	150x	as long as short

Show 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	−0.053%	$45.8M	$33.2M	—	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,456.9	+0.034%	$292K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0020% / S +0.0072%	1h	1,457.2	+0.060%	$557K	—	100x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,457.8	+0.098%	$8K	$8K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0058%	8h	1,457.2	+0.060%	$173.9M	$1.36B	50x	as long as short
Gate ZEC_USDT	+0.0072%	8h	1,457.1	+0.050%	$49.3M	$190.7M	75x	as long as short
Ondo Perps ZEC-USD.P	+0.0075%	1h	1,452.8	−0.244%	$395K	$519K	5x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,457.3	+0.062%	$15K	$871K	10x	as long as short
Aster ZECUSDT	+0.0095%	8h	1,457.1	+0.049%	$15.3M	$34.3M	75x	as long as short
Lighter ZEC	+0.0096%	1h	1,458.6	+0.155%	$18.8M	$54.7M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,457.2	+0.056%	$173K	$2.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,457.3	+0.063%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,457.7	+0.091%	$2.5M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,457.8	+0.103%	$753.9M	$495.1M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,457.7	+0.095%	$1.6M	$3.0M	10x	as long as short
Binance ZECUSDTshort	+0.0100%	8h	1,457.3	+0.063%	$664.8M	$2.53B	75x
MEXC ZEC_USDT	+0.0100%	8h	1,457.3	+0.062%	$217.4M	$898.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,457.1	+0.054%	$103.1M	$57.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,457.2	+0.058%	$161.3M	$312.5M	75x	as long as short
BingX ZEC-USDClong	+0.0100%	8h	1,456.4	long leg	—	$6.8M	—
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,457.4	+0.075%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,455.2	−0.080%	$489K	$9.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.7	+0.025%	$3.0M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,457	+0.044%	$428K	$814K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.3	−0.003%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,457.2	+0.058%	$344K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,456.9	+0.041%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,455.7	−0.048%	$443K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,459.1	+0.186%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,456.8	+0.032%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,457.2	+0.056%	$2.4M	$25.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457	+0.044%	$3.8M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,455	−0.093%	$896K	$26K	10x	as long as short
Phoenix ZEC	+0.0103%	1h	1,457.5	+0.078%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.7	+0.091%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,457.1	+0.051%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,457.9	+0.108%	$863K	$1.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,459.3	+0.203%	$3.8M	$11.5M	50x	as long as short
Aftermath Perps ZECUSD	+0.0460%	1h	1,457	+0.045%	$40K	$34K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,458.8	+0.170%	$750K	$8.0M	10x	as long as short
Lighter RH ZEC	+0.0616%	1h	1,459.2	+0.197%	$1.9M	$8.5M	10x	as long as short