Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Bulk against BingX−0.059%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 4 days (all we have)−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.059%, 7d avg −0.031%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.028% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDT | 1,495.1 | 0.0100 | pay 0.0100% / 8h | 1h 03m | — | $117.7M | — |
| Short | Bulk ZEC-USD | 1,494.2 | 0.0100 | get 0.0013% / 1h | 3m 47s | $903K | $7K | 10x |
BingX ZEC-USDT
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against BingX. 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: −0.059% → −0.031%
- −$2.75
- Slippage, 4 orders
- −$10.04
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$29.79
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from BingX: live order book, 5 min ago; Bulk: live order book, 40 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, 5 min ago | 0.10 bp | 5.5 bp −$6 | 7.5 bp −$75 | 11.4 bp −$1,143 | 32.6 bp −$16.3K |
| Sell Bulk live order book, 40 min ago | 0.03 bp | 3.5 bp −$4 | 3.6 bp −$36 | 6.4 bp −$636 | 11.2 bp −$5,606 |
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 | −0.3684% | 1h | 1,479.6 | −1.039% | $36K | $275K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,493.9 | −0.084% | $61K | $304K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0143% | 8h | 1,494.8 | −0.021% | $30.9M | $75.1M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,494.2 | −0.064% | $18.1M | $46.6M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,496 | +0.056% | $6K | $1K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0004% | 1h | 1,495.2 | +0.005% | $48K | $64K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,495 | −0.010% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.8 | +0.045% | $1.5M | $4.7M | 2.2x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,494.4 | −0.051% | $682K | $1.4M | 25x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,494.4 | −0.047% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
BloFin ZEC-USDT
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
Aftermath Perps ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Deribit ZEC_USDC-PERPETUAL
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0080% | 8h | 1,493.7 | −0.096% | $301K | $1.1M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,494.5 | −0.042% | $171K | $1.8M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0097% | 8h | 1,494.5 | −0.041% | $12K | $876K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,494.6 | −0.036% | $62K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,495.9 | +0.055% | $3.1M | $7.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,495.6 | +0.032% | $780.9M | $446.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,494 | −0.074% | $13.9M | $31.1M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,495 | −0.009% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,494.7 | −0.031% | $696.7M | $2.31B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,493.6 | −0.105% | $267.6M | $630.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,494.5 | −0.042% | $182.4M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,494.1 | −0.068% | $408K | $554K | 5x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,494.2 | −0.059% | $903K | $7K | 10x | |
| Gate ZEC_USDT | +0.0100% | 8h | 1,494.9 | −0.015% | $55.2M | $187.3M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,494.2 | −0.064% | $242.6M | $799.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,494.7 | −0.026% | $102.9M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,495.1 | −0.003% | $160.8M | $289.8M | 75x | as long as short |
| BingX ZEC-USDTlong | +0.0100% | 8h | 1,495.1 | long leg | — | $117.7M | — | |
| Variational Omni ZEC | +0.0100% | 8h | 1,495.2 | +0.003% | $48.9M | $34.8M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,495.1 | 0.000% | $573K | $9.0M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,494.7 | −0.026% | $3.1M | $510K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,496.3 | +0.081% | $412K | $942K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,495.3 | +0.010% | $56K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,493.9 | −0.082% | $358K | $1.8M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,494.2 | −0.064% | $164K | $184K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,493.1 | −0.137% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +0.070% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,493.9 | −0.080% | $254K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,496.2 | +0.073% | $2.7M | $20.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,495.1 | 0.000% | $4.0M | $5.0M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495 | −0.008% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,494.1 | −0.065% | $43K | $151K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,494.9 | −0.016% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,494.7 | −0.028% | $939K | $1.1M | 10x | as long as short |
| Phoenix ZEC | +0.0134% | 1h | 1,496.6 | +0.098% | $4.8M | $1.4M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0137% / S −0.0132% | 1h | 1,494.5 | −0.044% | $393K | — | 100x | as long as short |
| Lighter RH ZEC | +0.0184% | 1h | 1,496.4 | +0.084% | $2.1M | $7.5M | 10x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,495.3 | +0.014% | $611K | $8.7M | 10x | as long as short |
| Lighter ZEC | +0.0256% | 1h | 1,496.4 | +0.089% | $19.6M | $47.1M | 20x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0260% | 1h | 1,495.8 | +0.043% | $2.3M | $3.9M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,495.8 | +0.042% | $3.7M | $10.1M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
Variational Omni ZEC
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
Extended ZEC-USD
Aevo ZEC-PERP
01 Exchange ZECUSD
RISEx ZEC/USDC
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Lighter RH ZEC
Arcus ZEC-USD
Lighter ZEC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX