ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.019%

Price spread now: OKX against Bybit+0.006%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.204%−$20 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.006%, 7d avg 0.000%

Together, before fees−0.193%−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZECUSDT	1,475.2	0.0100	pay 0.0100% / 8h	6h 48m	$272.3M	$626.1M	75x
Short	OKX ZEC-USDT-SWAP	1,475.3	0.0077	get 0.0077% / 8h	6h 48m	$181.0M	$1.29B	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$4.76
Price spread: +0.006% → 0.000%: $0.66
Slippage, 4 orders: −$2.69
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$27.79
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago	0.03 bp	7.8 bp −$8	9.2 bp −$92	16.1 bp −$1,615	doesn't fit
Sell OKX live order book, 5 min ago	0.03 bp	5.0 bp −$5	5.3 bp −$53	18.2 bp −$1,820	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	−0.3678%	1h	1,478.5	+0.226%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,477.6	+0.165%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0077%	1h	1,477.6	+0.164%	$401K	$519K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,475.3	+0.011%	$18.1M	$43.4M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,477.4	+0.148%	$416K	$103K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,477.8	+0.175%	$964K	$5.1M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,476.7	+0.106%	$84K	$405K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,476	+0.058%	$5.2M	—	150x	as long as short
Variational Omni ZEC	+0.0010%	8h	1,477.5	+0.159%	$48.2M	$33.5M	—	as long as short
BloFin ZEC-USDT	+0.0012%	8h	1,475.2	+0.001%	$29.6M	$73.3M	75x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0026%	8h	1,475.5	+0.020%	$295K	$1.1M	20x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,477.2	+0.138%	$8K	$9K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,475.8	+0.043%	$384K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,479.5	+0.291%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAPshort	+0.0077%	8h	1,475.3	+0.006%	$181.0M	$1.29B	50x
Gate ZEC_USDT	+0.0085%	8h	1,475.3	+0.009%	$50.2M	$174.0M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,476.5	+0.091%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,477.1	+0.130%	$15K	$841K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.2	+0.138%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477.4	+0.154%	$2.7M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,476	+0.056%	$768.4M	$449.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,475.7	+0.038%	$14.9M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,477.6	+0.162%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,475.5	+0.021%	$683.8M	$2.35B	75x	as long as short
Bybit ZECUSDTlong	+0.0100%	8h	1,475.2	long leg	$272.3M	$626.1M	75x
Bulk ZEC-USD	+0.0100%	1h	1,470.7	−0.307%	$895K	$17K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,475.6	+0.028%	$218.6M	$792.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,475.7	+0.033%	$104.1M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,475.6	+0.028%	$163.7M	$286.7M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,475.8	+0.043%	—	$100.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,473	−0.151%	$574K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,476.9	+0.117%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,478.2	+0.203%	$430K	$902K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,478.8	+0.242%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,476.7	+0.103%	$343K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,475.9	+0.047%	$129K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,474.2	−0.064%	$459K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,479.3	+0.277%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,475.2	+0.001%	$243K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,474.1	−0.072%	$2.5M	$19.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,475.8	+0.042%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,475.6	+0.030%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,475.3	+0.011%	$51K	$164K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0143%	1h	1,476.2	+0.066%	$607K	$1.3M	25x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,478.5	+0.223%	$674K	$8.7M	10x	as long as short
Lighter RH ZEC	+0.0280%	1h	1,476.9	+0.116%	$2.1M	$7.0M	10x	as long as short
Lighter ZEC	+0.0320%	1h	1,476.7	+0.100%	$19.3M	$47.9M	20x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,477.8	+0.175%	$858K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,478	+0.191%	$3.7M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0578%	1h	1,475.7	+0.037%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0746%	1h	1,475.2	+0.003%	$44K	$46K	10x	as long as short