Funding you earn now, next payment 00:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.014%
Price spread now: Bybit against edgeX+0.253%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days−0.257%−$26 · spread now +0.253%, 7d avg +0.055%
=Together, before fees−0.359%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.198% dearer against edgeX than usual: you sell high and buy low (spread +0.253% now, against its 7-day average of +0.055%): +$20 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.7 days. At the pace of the last 7 days (−0.101% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ZECUSDC | 1,450.9 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $487K | $9.7M | 20x |
| Short | Bybit ZECUSDT | 1,454.6 | −0.0016 | pay 0.0016% / 8h | 2h 55m | $269.0M | $677.0M | 75x |
edgeX ZECUSDC
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$24.4
- Price spread: +0.253% → +0.055%
- $19.84
- Slippage, 4 orders
- −$2.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$26.76
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; Bybit: live order book, 4 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 edgeX live order book, 3 min ago | 0.38 bp | 5.0 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.03 bp | 5.8 bp −$6 | 8.8 bp −$88 | 15.9 bp −$1,587 | 30.1 bp −$15.0K |
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 | −0.3476% | 1h | 1,454.5 | +0.250% | $34K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,452 | +0.077% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,452 | +0.076% | $17.6M | $44.9M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0059% | 8h | 1,450.1 | −0.051% | $29.1M | $76.1M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,451.4 | +0.036% | $45.5M | $32.3M | — | as long as short |
| Bybit ZECUSDTshort | −0.0016% | 8h | 1,454.6 | +0.253% | $269.0M | $677.0M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.4 | +0.174% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.5 | +0.180% | $848K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,452.1 | +0.081% | $82K | $400K | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0006% | 8h | 1,452.2 | +0.090% | $291K | $1.5M | 20x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,452.5 | +0.113% | $5.1M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0034% | 8h | 1,454.7 | +0.265% | $172.8M | $1.37B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,454 | +0.213% | $8K | $8K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0041% / S +0.0061% | 1h | 1,452.4 | +0.104% | $535K | — | 100x | as long as short |
| Phoenix ZEC | +0.0045% | 1h | 1,455.2 | +0.296% | $4.6M | $1.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0050% | 8h | 1,453.7 | +0.195% | $15.1M | $35.3M | 75x | as long as short |
| Gate ZEC_USDT | +0.0066% | 8h | 1,453.2 | +0.157% | $49.2M | $184.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0094% | 8h | 1,453.2 | +0.160% | $215.1M | $877.6M | 150x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,454.2 | +0.232% | $17K | $886K | 10x | as long as short |
| Binance ZECUSDT | +0.0096% | 8h | 1,454.6 | +0.259% | $662.0M | $2.55B | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,454.1 | +0.225% | $178K | $2.0M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453 | +0.146% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,455 | +0.287% | $3.0M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,453.9 | +0.209% | $753.2M | $509.1M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.6 | +0.186% | $1.6M | $3.1M | 10x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,449.9 | −0.067% | $393K | $522K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454.9 | +0.277% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,453.2 | +0.161% | $103.7M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,453.1 | +0.151% | $162.4M | $316.8M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,452.4 | +0.107% | — | $6.8M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,452.7 | +0.127% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDClong | +0.0100% | 4h | 1,450.9 | long leg | $487K | $9.7M | 20x | |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,452.2 | +0.095% | $3.0M | $501K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,450.5 | −0.025% | $705K | $604K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451.1 | +0.018% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,452.1 | +0.085% | $298K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,452.2 | +0.088% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,451 | +0.012% | $441K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,455.7 | +0.331% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,452.3 | +0.100% | $219K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,452.8 | +0.132% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,451.9 | +0.071% | $3.7M | $5.5M | 50x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,452.5 | +0.114% | $36K | $362K | 20x | as long as short |
| Lighter ZEC | +0.0144% | 1h | 1,454.6 | +0.256% | $18.8M | $53.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.1 | +0.221% | $863K | $2.5M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0287% | 1h | 1,453.4 | +0.171% | $568K | $1.3M | 25x | as long as short |
| Extended ZEC-USD | +0.0432% | 1h | 1,453.4 | +0.173% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,454.1 | +0.221% | $3.7M | $11.5M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0462% | 1h | 1,453.8 | +0.201% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,455.4 | +0.311% | $754K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0624% | 1h | 1,455.4 | +0.313% | $2.0M | $8.4M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
GMX ZEC/USD [WBTC.b-USDC]
Phoenix ZEC
Aster ZECUSDT
Gate ZEC_USDT
MEXC ZEC_USDT
Katana Perps ZEC-USD
Binance ZECUSDT
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Backpack ZEC_USDC_PERP
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Deribit ZEC_USDC-PERPETUAL
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC