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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Derive against BingX−0.067%7-day average −0.065% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.278%+$28 on $10k
Price spread, last 3 days (all we have)+1.403%+$140 · spread now −0.067%, 7d avg −0.065%
Together, before fees+1.680%+$168 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDT1,457.10.0100pay 0.0100% / 8h2h 14m$101.4M
ShortDerive ZEC-PERP1,456.20.0100get 0.0013% / 1h14m 50s$443K$498K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive 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
Price spread: −0.067% → −0.065%
−$0.18
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Derive: 3 bp × 2 orders
−$6
Net
−$16.18
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 min ago; Derive: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago0.07 bp5.9 bp −$67.4 bp −$7413.1 bp −$1,30727.4 bp −$13.7K
Sell Derive no order-book sample
Derive: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3476%1h1,433.1−1.647%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0085%8h1,457.2+0.001%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.1−0.003%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,457.4+0.018%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0004%8h1,456.2−0.067%$268.8M$677.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.2+0.003%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.6+0.103%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,457−0.010%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458+0.061%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6−0.038%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.7+0.041%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.4+0.021%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0019% / S +0.0072%1h1,457.6+0.031%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,457.8+0.044%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,456.8−0.025%$173.8M$1.36B50xas long as short
Gate ZEC_USDT+0.0072%8h1,456.9−0.016%$49.3M$190.8M75xas long as short
Ondo Perps ZEC-USD.P+0.0075%1h1,452.8−0.298%$395K$519K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.3+0.008%$15K$871K10xas long as short
Aster ZECUSDT+0.0095%8h1,457.5+0.023%$15.3M$34.1M75xas long as short
Lighter ZEC+0.0096%1h1,458.9+0.123%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.2+0.001%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3+0.009%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.7+0.035%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.4+0.086%$754.1M$495.1M10xas long as short
Pacifica ZEC+0.0100%1h1,457.7+0.040%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.2+0.004%$665.3M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.2+0.003%$217.5M$898.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457−0.008%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.10.000%$161.3M$312.5M75xas long as short
BingX ZEC-USDTlong+0.0100%8h1,457.1long leg$101.4M
Backpack ZEC_USDC_PERP+0.0100%1h1,458.3+0.077%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,455.2−0.134%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7−0.027%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.7−0.032%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,457.9+0.050%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.9−0.016%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.3+0.009%$127K$161K20xas long as short
Derive ZEC-PERPshort+0.0100%1h1,456.2−0.067%$443K$498K6.7x
SunX ZEC-USDT+0.0100%8h1,459.5+0.165%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.4+0.016%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.2+0.001%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.5+0.027%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.148%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5+0.024%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.7+0.037%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.5+0.023%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,457.9+0.054%$863K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.2+0.144%$3.8M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0464%1h1,457.2+0.004%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.8+0.115%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0616%1h1,459.6+0.165%$1.9M$8.5M10xas long as short