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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:29 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: Perpl against BingX+0.095%7-day average +0.025% · you sell dearer than you buy
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+0.109%+$11 on $10k
Price spread, last 3 days (all we have)+0.595%+$59 · spread now +0.095%, 7d avg +0.025%
Together, before fees+0.703%+ Points / potential airdropPerpl: Active · farm board+$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.070% dearer against BingX than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of +0.025%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.109%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDC1,471.60.0100pay 0.0100% / 8h9m 48s$6.7M
ShortPerpl ZEC1,4730get 0.0000% / 43m5m 48s$84K$406K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: +0.095% → +0.025%
$6.97
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$37.83
Costs to cover
0.238%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 2 min ago; Perpl: 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, 2 min ago0.27 bp10.2 bp −$1014.9 bp −$14934.0 bp −$3,40381.0 bp −$40.5K
Sell Perpl no order-book sample
Perpl: 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−0.3089%1h1,473.8+0.151%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0254%1h1,472+0.027%$400K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.9+0.091%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0113%8h1,471.9+0.020%$274.8M$651.8M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472.3+0.048%$29.6M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.3+0.118%$6K$2K10xas long as short
Variational Omni ZEC−0.0058%8h1,472.3+0.048%$47.5M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.108%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.4+0.120%$961K$5.6M2.2xas long as short
Perpl ZECshort0.0000%43m1,473+0.095%$84K$406K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.4+0.120%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,473.2+0.109%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,472.7+0.075%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.5+0.132%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,472.4+0.054%$181.5M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,472.6+0.071%$51.2M$187.7M75xas long as short
ApeX Omni ZECUSDT+0.0049%1h1,472+0.024%$431K$843K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.9+0.090%$372K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0083%1h1,473.9+0.158%$615K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,474+0.165%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,473+0.092%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473.9+0.156%$19K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.6+0.070%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.7+0.140%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.7+0.145%$763.4M$472.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.4+0.056%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,473.2+0.108%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.4+0.057%$683.5M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.1+0.167%$698K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5+0.129%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.4+0.056%$226.5M$845.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.6+0.069%$104.6M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.6+0.067%$163.7M$300.9M75xas long as short
BingX ZEC-USDClong+0.0100%8h1,471.6long leg$6.7M
edgeX ZECUSDC+0.0100%4h1,471.5−0.006%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4+0.125%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.8+0.147%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6+0.068%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.4+0.051%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.027%$459K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.1+0.239%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.8+0.080%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6+0.003%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.4+0.052%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.1+0.099%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,473.1+0.100%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.7+0.145%$829K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0406%1h1,473.4+0.120%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.3+0.249%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0440%1h1,474.9+0.223%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0763%1h1,473.9+0.158%$46K$47K10xas long as short