ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0255%/8h= +27.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.058%

Price spread now: HTX against BloFin+0.014%7-day average −0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on BloFin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.270%+$27 · spread now +0.014%, 7d avg −0.030%

Together, before fees+0.323%+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and HTX is 0.043% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.030%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZEC-USDT	1,516.5	−0.0155	get 0.0155% / 8h	7h 46m	$31.6M	$77.2M	75x
Short	HTX ZEC-USDT	1,516.7	0.0100	get 0.0100% / 8h	7h 46m	$2.7M	$21.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BloFinbpFee HTXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $53.52
Price spread: +0.014% → −0.030%: $4.34
Slippage, 4 orders: −$9.87
Fee BloFin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $24
Costs to cover: 0.339%
Break-even: 3.9 days

Slippage from BloFin: live order book, 3 min ago; HTX: live order book, 3 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 BloFin live order book, 3 min ago	0.43 bp	8.5 bp −$9	11.4 bp −$114	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	2.71 bp	9.1 bp −$9	13.5 bp −$135	29.5 bp −$2,952	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	−0.3702%	1h	1,494.3	−1.463%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,515.5	−0.064%	$62K	$305K	10x	as long as short
BloFin ZEC-USDTlong	−0.0155%	8h	1,516.5	long leg	$31.6M	$77.2M	75x
Aftermath Perps ZECUSD	−0.0134%	1h	1,516.4	−0.009%	$48K	$59K	10x	as long as short
Bulk ZEC-USD	−0.0101%	1h	1,517.9	+0.092%	$781K	$147K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,517.7	+0.078%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,516.5	+0.001%	$421K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,517.5	+0.065%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,517.3	+0.054%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,516.3	−0.013%	$18.4M	$47.7M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	+0.0019%	1h	1,516.5	+0.002%	$416K	$951K	50x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,517.6	+0.073%	$8K	$6K	5x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0067%	1h	1,516.6	+0.010%	$693K	$1.4M	25x	as long as short
Phoenix ZEC	+0.0082%	1h	1,518.9	+0.155%	$4.8M	$1.4M	10x	as long as short
Orderly PERP_ZEC_USDC	+0.0084%	8h	1,516.8	+0.020%	$306K	$861K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,517.4	+0.059%	$19.6M	$44.7M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,517.6	+0.072%	$2.1M	$7.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,517.4	+0.061%	$173K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,516.5	−0.001%	$63K	$19K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,517.3	+0.055%	$16K	$898K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,517.6	+0.076%	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,518.1	+0.106%	$794.9M	$448.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,516.9	+0.025%	$14.2M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,516.7	+0.012%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,517.4	+0.059%	$717.2M	$2.33B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,516.7	+0.014%	$272.9M	$629.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,516.5	−0.003%	$186.1M	$1.39B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,516.4	−0.007%	$413K	$548K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,517.6	+0.072%	$596K	$9.0M	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,517	+0.030%	$60.5M	$183.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,517.5	+0.063%	$409.1M	$829.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,517.3	+0.050%	$103.7M	$57.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,517.2	+0.046%	$163.7M	$294.8M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,517.5	+0.065%	—	$120.3M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,517.7	+0.080%	$50.1M	$35.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,518.8	+0.148%	$556K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,516.2	−0.019%	$3.1M	$530K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,517	+0.031%	$51K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,517.7	+0.079%	$377K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,517	+0.031%	$170K	$194K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,516.9	+0.025%	$453K	$408K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,519	+0.165%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,515.9	−0.040%	$256K	$3.6M	10x	as long as short
HTX ZEC-USDTshort	+0.0100%	8h	1,516.7	+0.014%	$2.7M	$21.3M	75x
Phemex ZECUSDT	+0.0100%	8h	1,516.7	+0.015%	$4.1M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,517.1	+0.037%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,516.6	+0.005%	$43K	$150K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0155% / S −0.0157%	1h	1,517.4	+0.057%	$337K	—	100x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,517.3	+0.054%	$967K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,518.6	+0.140%	$3.8M	$10.0M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0548%	1h	1,516.4	−0.007%	$2.4M	$3.8M	15x	as long as short