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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h +0.059%
Price spread now: Bitget against BloFin+0.109%45s7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)−1.140%−$114 · spread now +0.109%, 7d avg −0.021%
Together, before fees−1.094%−$109 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bitget is 0.130% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.021%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,453.2−0.0069get 0.0069% / 8h2h 50m$28.9M$75.9M75x
ShortBitget ZECUSDT1,454.80.0100get 0.0100% / 8h2h 50m$162.2M$316.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$35.56
Price spread: +0.109% → −0.021%
$13
Slippage, 4 orders
−$5.02
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$19.54
Costs to cover
0.290%
Break-even
3.2 days
Slippage from BloFin: live order book, 4 min ago; Bitget: live order book, 4 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 BloFin live order book, 4 min ago1.07 bp7.1 bp −$79.3 bp −$9317.8 bp −$1,778doesn't fit
Sell Bitget live order book, 4 min ago0.03 bp7.5 bp −$811.5 bp −$11526.2 bp −$2,621doesn'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%1h1,437.6−1.073%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.5−0.050%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,452.6−0.044%$17.6M$44.6M25xas long as short
BloFin ZEC-USDTlong−0.0069%8h1,453.2long leg$28.9M$75.9M75x
Variational Omni ZEC−0.0026%8h1,451.7−0.104%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0009%8h1,453.6+0.024%$269.5M$676.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,454.8+0.112%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3−0.064%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454.9+0.113%$83K$400K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.6+0.028%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.3+0.076%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0008%8h1,454.5+0.087%$292K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,454.6+0.093%$172.4M$1.37B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0065%1h1,453.7+0.032%$544K100xas long as short
Aster ZECUSDT+0.0055%8h1,454.9+0.117%$15.3M$35.2M75xas long as short
Gate ZEC_USDT+0.0067%8h1,454+0.051%$49.1M$185.5M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,455+0.120%$8K$8K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.8+0.111%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,454.7+0.101%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455+0.121%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455.1+0.127%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.9+0.185%$752.7M$493.3M10xas long as short
Pacifica ZEC+0.0100%1h1,455.2+0.134%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,453.9+0.048%$659.5M$2.55B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449.8−0.235%$394K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.120%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.6+0.095%$219.2M$881.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454+0.056%$103.7M$57.3M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,454.8+0.109%$162.2M$316.8M75x
BingX ZEC-USDC+0.0100%8h1,453.2+0.001%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.9+0.044%$2.3M$4.2M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.013%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.9−0.020%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.1+0.058%$707K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452.6−0.041%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.8+0.109%$299K$2.1M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453.6+0.024%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.9−0.023%$442K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.7+0.168%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.6−0.040%$220K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.1−0.074%$2.4M$25.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.9−0.022%$3.7M$5.5M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3−0.066%$4.6M$1.6M10xas long as short
Lighter ZEC+0.0104%1h1,456.5+0.224%$18.8M$53.9M20xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.1+0.064%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,455.7+0.169%$864K$2.5M10xas long as short
Extended ZEC-USD+0.0312%1h1,455.1+0.131%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.3+0.074%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,454+0.056%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,457.1+0.266%$756K$7.8M10xas long as short
Lighter RH ZEC+0.0680%1h1,457.3+0.281%$1.9M$8.4M10xas long as short