Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.024%

Price spread now: Bybit against Bitget−0.031%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.250%+$25 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.031%, 7d avg 0.000%

Together, before fees+0.264%+$26 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: Bybit is 0.031% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZECUSDT	1,458.7	0.0100	pay 0.0100% / 8h	5h 20m	$162.1M	$272.9M	75x
Short	Bybit ZECUSDT	1,458.2	0.0100	get 0.0100% / 8h	5h 20m	$265.0M	$604.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.031%Rate

Funding earned: $0
Price spread: −0.031% → 0.000%: −$3.09
Slippage, 4 orders: −$5.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$32.02
Costs to cover: 0.289%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, 4 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 Bitget live order book, 4 min ago	0.03 bp	7.8 bp −$8	11.8 bp −$118	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.03 bp	7.8 bp −$8	10.2 bp −$102	18.5 bp −$1,845	doesn't fit

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	−0.3244%	1h	1,459.5	+0.055%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0082%	8h	1,459.4	+0.046%	$29.1M	$70.8M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,459.4	+0.049%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,458.7	−0.001%	$411K	$43K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,459.2	+0.037%	$1.5M	$5.1M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,458.6	−0.003%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,458.5	−0.013%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0048%	8h	1,458.4	−0.017%	$292K	$966K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,458.2	−0.034%	$409K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,461.6	+0.200%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,458.7	−0.002%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,459.2	+0.035%	$16K	$860K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,459	+0.020%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,458.8	+0.009%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,459.9	+0.083%	$763.7M	$430.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,458.4	−0.023%	$14.5M	$28.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,459.1	+0.031%	$1.7M	$2.6M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,458.4	−0.021%	$667.9M	$2.23B	75x	as long as short
Bybit ZECUSDTshort	+0.0100%	8h	1,458.2	−0.031%	$265.0M	$604.9M	75x
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,458.3	−0.027%	$178.5M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,457.8	−0.061%	$396K	$432K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,456.1	−0.178%	$882K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,458.6	−0.005%	$49.7M	$174.4M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,458.4	−0.019%	$213.5M	$778.0M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,458.8	+0.010%	$102.2M	$55.6M	75x	as long as short
Bitget ZECUSDTlong	+0.0100%	8h	1,458.7	long leg	$162.1M	$272.9M	75x
BingX ZEC-USDT	+0.0100%	8h	1,458.9	+0.011%	—	$97.1M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,460.1	+0.095%	$2.4M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,459	+0.024%	$47.7M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,458.6	−0.007%	$568K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.7	+0.066%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,459.5	+0.058%	$410K	$914K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,460.6	+0.130%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,458.1	−0.040%	$332K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,458.5	−0.015%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,457.2	−0.105%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,461.2	+0.169%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,458.4	−0.019%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,458.3	−0.027%	$2.6M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,458.5	−0.014%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,458.2	−0.033%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,458.5	−0.016%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,459	+0.021%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0195%	1h	1,458.2	−0.036%	$18.0M	$44.5M	25x	as long as short
Lighter ZEC	+0.0224%	1h	1,459.5	+0.057%	$19.1M	$46.7M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,460.5	+0.127%	$705K	$8.5M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0320%	1h	1,459.1	+0.028%	$613K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,460	+0.090%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,459.2	+0.038%	$834K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,462.3	+0.247%	$3.8M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0700%	1h	1,459.1	+0.029%	$45K	$49K	10x	as long as short