Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.052%

Price spread now: 01 Exchange against BloFin−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. 01 Exchange is 0.044% cheaper against BloFin than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin ZEC-USDT	1,474.5	−0.0111	get 0.0111% / 8h	52m 02s	$29.5M	$75.7M	75x
Short	01 Exchange ZECUSD	1,473.9	0.0048	get 0.0006% / 1h	52m 02s	$8K	$8K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.044%Rate

Funding earned: $33.4
Price spread: −0.044% → 0.000%: −$4.41
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $10
Costs to cover: 0.190%
Break-even: 4.9 days

Slippage unknown: BloFin: live order book, 7 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 7 min ago	0.10 bp	6.1 bp −$6	6.1 bp −$61	9.9 bp −$995	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3089%	1h	1,475.9	+0.092%	$34K	$275K	12x	as long as short
ApeX Omni ZECUSDT	−0.0365%	1h	1,474	−0.033%	$432K	$827K	50x	as long as short
Ondo Perps ZEC-USD.P	−0.0334%	1h	1,473.5	−0.068%	$400K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0225%	1h	1,472.5	−0.135%	$17.9M	$44.6M	25x	as long as short
BloFin ZEC-USDTlong	−0.0111%	8h	1,474.5	long leg	$29.5M	$75.7M	75x
Bybit ZECUSDT	−0.0087%	8h	1,471.6	−0.195%	$273.2M	$661.9M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,474.2	−0.024%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0037%	8h	1,473.4	−0.074%	$47.0M	$33.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,473.7	−0.052%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,474.1	−0.028%	$901K	$5.6M	2.2x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Perpl ZEC	0.0000%	43m	1,473.3	−0.081%	$84K	$404K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,473.4	−0.076%	$615K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,473.3	−0.081%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0010%	8h	1,472.6	−0.130%	$294K	$1.4M	20x	as long as short
Phoenix ZEC	+0.0024%	1h	1,475.6	+0.075%	$4.7M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0038% / S +0.0009%	1h	1,473.1	−0.093%	$366K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0039%	8h	1,472.2	−0.159%	$180.4M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0042%	8h	1,472.6	−0.133%	$50.6M	$184.1M	75x	as long as short
01 Exchange ZECUSDshort	+0.0048%	1h	1,473.9	−0.044%	$8K	$8K	5x
SoDEX ZEC-USD	+0.0068%	1h	1,472.3	−0.153%	$226K	$4.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,473.2	−0.090%	$176K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,474.1	−0.028%	$12K	$828K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,473.8	−0.049%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.3	−0.013%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.8	−0.048%	$764.8M	$473.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472.6	−0.132%	$15.5M	$32.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,474.2	−0.019%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,472.4	−0.146%	$681.2M	$2.46B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,475	+0.032%	$714K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.1	−0.230%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472.4	−0.145%	$221.8M	$830.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.6	−0.130%	$104.1M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,472.6	−0.127%	$162.6M	$303.1M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,472.3	−0.148%	—	$102.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,474.3	−0.014%	$513K	$9.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,475.5	+0.069%	$3.0M	$466K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,475.5	+0.070%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,473.1	−0.096%	$347K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.9	−0.112%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,470.9	−0.242%	$448K	$503K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,474.8	+0.021%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,473.2	−0.090%	$2.5M	$23.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,473.1	−0.094%	$3.9M	$5.3M	50x	as long as short
Lighter ZEC	+0.0104%	1h	1,473.9	−0.038%	$19.1M	$52.1M	20x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,473	−0.104%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,472.3	−0.153%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,474.2	−0.019%	$836K	$1.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,474.4	−0.007%	$3.8M	$11.0M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0503%	1h	1,473.4	−0.076%	$2.4M	$3.7M	15x	as long as short
Lighter RH ZEC	+0.0504%	1h	1,474.8	+0.018%	$2.0M	$8.2M	10x	as long as short
Aftermath Perps ZECUSD	+0.0632%	1h	1,474.4	−0.005%	$46K	$47K	10x	as long as short