ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.26 per $10,000 · paid last 24h −0.058%

Price spread now: BloFin against Bybit+0.067%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$250.246% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.340%−$34 on $10k

Price spread, last 3 days (all we have)+0.261%+$26 · spread now +0.067%, 7d avg +0.026%

Together, before fees−0.080%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.042% dearer against Bybit than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of +0.026%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.340% in total) that is about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZECUSDT	1,473.5	−0.0085	get 0.0085% / 8h	53m 06s	$273.5M	$661.4M	75x
Short	BloFin ZEC-USDT	1,474.5	−0.0111	pay 0.0111% / 8h	53m 06s	$29.5M	$75.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.067%Rate

Funding earned: −$5.41
Price spread: +0.067% → +0.026%: $4.15
Slippage, 4 orders: −$1.57
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$25.83
Costs to cover: 0.246%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 6 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 Bybit live order book, 1 min ago	0.03 bp	5.5 bp −$6	5.7 bp −$57	17.0 bp −$1,704	doesn't fit
Sell BloFin live order book, 6 min ago	0.10 bp	6.1 bp −$6	6.9 bp −$69	doesn't fit	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	−0.3089%	1h	1,475.9	+0.159%	$34K	$275K	12x	as long as short
ApeX Omni ZECUSDT	−0.0365%	1h	1,474	+0.035%	$432K	$827K	50x	as long as short
Ondo Perps ZEC-USD.P	−0.0326%	1h	1,473.5	−0.001%	$400K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0224%	1h	1,474.6	+0.074%	$18.0M	$44.6M	25x	as long as short
BloFin ZEC-USDTshort	−0.0111%	8h	1,474.5	+0.067%	$29.5M	$75.7M	75x
Bybit ZECUSDTlong	−0.0085%	8h	1,473.5	long leg	$273.5M	$661.4M	75x
Hotstuff ZEC-PERP	−0.0080%	1h	1,474.2	+0.043%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0037%	8h	1,473.4	−0.007%	$47.0M	$33.5M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,475	+0.099%	$415K	$104K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.4	+0.198%	$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	1,474	+0.033%	$84K	$404K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,474.9	+0.094%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0010%	8h	1,474.7	+0.081%	$295K	$1.4M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0019%	1h	1,475.5	+0.131%	$615K	$1.3M	25x	as long as short
Phoenix ZEC	+0.0024%	1h	1,475.6	+0.142%	$4.7M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0038% / S +0.0009%	1h	1,474.8	+0.086%	$366K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0039%	8h	1,474.3	+0.051%	$180.6M	$1.35B	50x	as long as short
Gate ZEC_USDT	+0.0044%	8h	1,474.5	+0.066%	$50.5M	$183.9M	75x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,474.6	+0.074%	$8K	$8K	5x	as long as short
SoDEX ZEC-USD	+0.0065%	1h	1,474.5	+0.063%	$227K	$4.5M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,474.7	+0.082%	$176K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,475.3	+0.117%	$12K	$828K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,474	+0.034%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,474.6	+0.072%	$2.6M	$6.8M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.9	+0.162%	$766.0M	$473.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.6	+0.074%	$15.6M	$32.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,475.2	+0.112%	$1.7M	$2.9M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.4	+0.059%	$682.2M	$2.47B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,475.5	+0.138%	$714K	$8.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.1	−0.163%	$908K	$26K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,474.5	+0.066%	$222.7M	$829.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,475	+0.098%	$104.3M	$56.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.6	+0.073%	$162.9M	$303.3M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,473.9	+0.024%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,474.3	+0.053%	$513K	$9.3M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,475.5	+0.136%	$3.0M	$466K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,475.4	+0.125%	$110K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,474.6	+0.073%	$348K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,474.4	+0.060%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473	−0.034%	$449K	$503K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.1	+0.242%	$3K	$1.2M	20x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,473.2	−0.022%	$2.5M	$23.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,474.8	+0.090%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,475	+0.099%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,474.5	+0.064%	$37K	$366K	20x	as long as short
RISEx ZEC/USDC	+0.0132%	1h	1,475.3	+0.124%	$836K	$1.2M	10x	as long as short
Lighter ZEC	+0.0144%	1h	1,476.2	+0.185%	$19.1M	$52.1M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0432%	1h	1,476.8	+0.224%	$3.8M	$11.0M	50x	as long as short
Lighter RH ZEC	+0.0504%	1h	1,476.7	+0.216%	$2.0M	$8.2M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0552%	1h	1,475.6	+0.140%	$2.4M	$3.7M	15x	as long as short
Aftermath Perps ZECUSD	+0.0628%	1h	1,474.7	+0.078%	$46K	$47K	10x	as long as short