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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.09 per $10,000 · paid last 24h +0.024%
Price spread now: Bitget against Bybit+0.057%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$270.273% of the position
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−0.043%−$4 · spread now +0.057%, 7d avg +0.001%
Together, before fees−0.293%−$29 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bitget is 0.057% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.250%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,465.40.0091pay 0.0091% / 8h2h 39m$261.3M$589.0M75x
ShortBitget ZECUSDT1,466.30.0100get 0.0100% / 8h2h 39m$166.0M$267.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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
$1.96
Price spread: +0.057% → +0.001%
$5.65
Slippage, 4 orders
−$4.28
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$19.66
Costs to cover
0.273%
Break-even
77.1 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 Bybit live order book, 5 min ago0.03 bp5.7 bp −$67.6 bp −$7615.7 bp −$1,57234.5 bp −$17.3K
Sell Bitget live order book, 5 min ago0.03 bp6.3 bp −$69.7 bp −$9718.3 bp −$1,835doesn'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−0.3243%1h1,465−0.033%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.2−0.087%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,465.3−0.008%$29.9M$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,465.7+0.015%$407K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.8−0.042%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,464.2−0.083%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,464.4−0.074%$5.2M150xas long as short
01 Exchange ZECUSD+0.0048%1h1,465.2−0.019%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,464.7−0.050%$293K$902K20xas long as short
Bybit ZECUSDTlong+0.0091%8h1,465.4long leg$261.3M$589.0M75x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,465.7+0.015%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0095% / S −0.0049%1h1,463.8−0.115%$436K100xas long as short
Popdex ZECUSDT+0.0096%1h1,464.4−0.070%$173K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.4−0.071%$13K$811K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.7−0.050%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.4+0.065%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.2+0.120%$763.5M$417.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.7−0.051%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,465.5+0.004%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.2−0.015%$675.7M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,465.9+0.029%$178.4M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,464−0.098%$397K$429K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.188%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,464.6−0.057%$52.7M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.8−0.045%$218.1M$759.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.7+0.017%$103.3M$52.6M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,466.3+0.057%$166.0M$267.3M75x
BingX ZEC-USDC+0.0100%8h1,465.3−0.008%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4−0.071%$48.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.6−0.125%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.7−0.121%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,465−0.028%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.3−0.076%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.6+0.011%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.8−0.110%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.6−0.128%$447K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466.3+0.058%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.7−0.053%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.8−0.112%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.1−0.025%$3.9M$4.7M50xas long as short
Lighter ZEC+0.0104%1h1,466.6+0.078%$19.4M$43.9M20xas long as short
Extended ZEC-USD+0.0104%1h1,464.7−0.048%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,464.7−0.051%$47K$151K20xas long as short
Lighter RH ZEC+0.0112%1h1,466.8+0.094%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0116%1h1,465.4−0.002%$617K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,464.5−0.066%$18.0M$45.5M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,464.9−0.038%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0290%1h1,466.5+0.072%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,466.4+0.063%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,466.4+0.064%$667K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,464.9−0.039%$45K$49K10xas long as short