ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against BingX−0.012%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

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

Long on BingX Short on OKX

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+0.077%+$8 · spread now −0.012%, 7d avg +0.081%

Together, before fees+0.054%+$5 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: OKX is 0.093% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEC-USDC	1,474.7	0.0100	pay 0.0100% / 8h	6h 28m	—	$6.7M	—
Short	OKX ZEC-USDT-SWAP	1,474.6	0.0095	get 0.0095% / 8h	6h 28m	$181.1M	$1.28B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$0.99
Price spread: −0.012% → +0.081%: −$9.35
Slippage, 4 orders: −$10.78
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$41.12
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago	1.15 bp	10.3 bp −$10	15.1 bp −$151	40.4 bp −$4,037	112.7 bp −$56.3K
Sell OKX live order book, 5 min ago	0.03 bp	6.7 bp −$7	8.5 bp −$85	16.9 bp −$1,688	doesn't fit

ZEC on 50 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	−0.3678%	1h	1,477.1	+0.161%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,478.6	+0.260%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0012%	1h	1,471.7	−0.206%	$400K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,474	−0.053%	$18.1M	$43.6M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,477.8	+0.206%	$416K	$55K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.9	+0.146%	$977K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,476	+0.084%	$84K	$254K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,474.1	−0.041%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0028%	8h	1,474	−0.050%	$294K	$1.1M	20x	as long as short
Variational Omni ZEC	+0.0040%	8h	1,476.4	+0.111%	$48.0M	$33.0M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,474.3	−0.028%	$386K	—	100x	as long as short
01 Exchange ZECUSD	+0.0064%	1h	1,476.6	+0.123%	$8K	$9K	5x	as long as short
Phoenix ZEC	+0.0070%	1h	1,478.2	+0.236%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAPshort	+0.0095%	8h	1,474.6	−0.012%	$181.1M	$1.28B	50x
Popdex ZECUSDT	+0.0096%	1h	1,476.3	+0.105%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,476.2	+0.101%	$16K	$840K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.2	+0.166%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,476.6	+0.126%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,474.8	+0.004%	$767.5M	$444.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.3	−0.031%	$14.9M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,477.3	+0.170%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.5	−0.014%	$681.1M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,474.2	−0.037%	$271.9M	$620.3M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.5	−0.288%	$893K	$19K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,474.5	−0.015%	$50.2M	$175.6M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,475	+0.015%	$216.2M	$799.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,474	−0.049%	$103.7M	$56.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.8	+0.004%	$163.8M	$284.4M	75x	as long as short
BingX ZEC-USDClong	+0.0100%	8h	1,474.7	long leg	—	$6.7M	—
edgeX ZECUSDC	+0.0100%	4h	1,476.8	+0.137%	$575K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,473	−0.118%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.9	+0.143%	$429K	$907K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,478	+0.224%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476	+0.085%	$340K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.4	−0.021%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,472.6	−0.143%	$458K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,478.3	+0.243%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,474	−0.048%	$243K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,475	+0.018%	$2.5M	$19.0M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,474.1	−0.045%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,474.8	+0.007%	$3.2M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,474.1	−0.044%	$48K	$162K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0136%	1h	1,474.8	+0.002%	$614K	$1.3M	25x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,478	+0.219%	$679K	$8.7M	10x	as long as short
Lighter ZEC	+0.0256%	1h	1,475.2	+0.034%	$19.2M	$48.1M	20x	as long as short
Lighter RH ZEC	+0.0304%	1h	1,475.3	+0.040%	$2.1M	$7.1M	10x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,477.2	+0.168%	$869K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,475.9	+0.081%	$3.6M	$9.5M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0512%	1h	1,474	−0.050%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0725%	1h	1,475	+0.014%	$44K	$46K	10x	as long as short