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 −0.001%
Price spread now: SoDEX against BingX−0.185%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$270.275% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.002%$0 on $10k
Price spread, last 3 days (all we have)+0.969%+$97 · spread now −0.185%, 7d avg +0.067%
Together, before fees+0.966%+$97 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: SoDEX is 0.252% cheaper against BingX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDC1,448.10.0100pay 0.0100% / 8h2h 30m$6.8M
ShortSoDEX ZEC-USD1,445.40.0100get 0.0013% / 1h30m 43s$219K$4.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.185% → +0.067%
−$25.24
Slippage, 4 orders
−$9.46
Fee BingX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$52.7
Costs to cover
0.275%
Break-even
never at this rate
Slippage from BingX: live order book, 2 min ago; SoDEX: live order book, 3 min ago.

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 ago0.41 bp7.6 bp −$813.2 bp −$13231.4 bp −$3,14279.7 bp −$39.8K
Sell SoDEX live order book, 3 min ago0.55 bp5.0 bp −$515.0 bp −$150doesn't fitdoesn't fit

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%1h1,433.1−1.032%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0092%8h1,445.6−0.171%$28.8M$74.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,444.6−0.244%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,445.1−0.206%$17.6M$44.5M25xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.071%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,448.6+0.036%$408K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,444.6−0.243%$907K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,443.3−0.334%$82K$401K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,444.4−0.255%$5.1M150xas long as short
Bybit ZECUSDT+0.0008%8h1,448.7+0.041%$267.1M$675.1M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0009%1h1,445.8−0.160%$588K$1.3M25xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,444.8−0.229%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0028% / S +0.0071%1h1,444−0.281%$542K100xas long as short
OKX ZEC-USDT-SWAP+0.0055%8h1,449.4+0.088%$171.5M$1.35B50xas long as short
01 Exchange ZECUSD+0.0072%1h1,449.7+0.111%$8K$8K5xas long as short
Gate ZEC_USDT+0.0074%8h1,449.3+0.083%$49.6M$189.0M75xas long as short
Aster ZECUSDT+0.0078%8h1,445.8−0.154%$15.2M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,448.9+0.059%$13K$873K10xas long as short
Lighter ZEC+0.0096%1h1,448.9+0.058%$18.7M$54.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,449.5+0.095%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,449.4+0.092%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,444.5−0.247%$2.4M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,447.1−0.068%$747.6M$494.9M10xas long as short
Pacifica ZEC+0.0100%1h1,448.5+0.030%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.4+0.025%$660.2M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,441.6−0.447%$392K$516K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.212%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,449.1+0.068%$214.1M$892.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.3+0.085%$102.8M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.2+0.075%$160.4M$313.0M75xas long as short
BingX ZEC-USDClong+0.0100%8h1,448.1long leg$6.8M
Backpack ZEC_USDC_PERP+0.0100%1h1,446.6−0.104%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,445.3−0.192%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.7+0.041%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.1−0.209%$703K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,445.2−0.196%$108K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,443.4−0.323%$347K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,444−0.284%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,443.3−0.327%$439K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,445.7−0.164%$3K$1.3M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,445.4−0.185%$219K$4.7M10x
HTX ZEC-USDT+0.0100%8h1,445.1−0.205%$2.3M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,445.5−0.177%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,445.9−0.150%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,449.4+0.090%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,444.9−0.220%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,450+0.129%$865K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,447.1−0.065%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0445%1h1,448.2+0.012%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,451.2+0.219%$766K$7.9M10xas long as short
Lighter RH ZEC+0.0672%1h1,450.6+0.173%$1.9M$8.5M10xas long as short