Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: BingX against GRVT+0.026%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.269%−$27 on $10k
+Price spread, last 7 days−0.092%−$9 · spread now +0.026%, 7d avg −0.088%
=Together, before fees−0.362%+ Points / potential airdropGRVT: Active · farm board−$36 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.113% dearer against GRVT than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ZEC_USDT_Perp | 1,452.9 | 0.0100 | pay 0.0100% / 8h | 2h 53m | $3.0M | $501K | 10x |
| Short | BingX ZEC-USDC | 1,453.3 | 0.0100 | get 0.0100% / 8h | 2h 53m | — | $6.8M | — |
GRVT ZEC_USDT_Perp
BingX ZEC-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GRVT. 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
- $0
- Price spread: +0.026% → −0.088%
- $11.34
- Slippage, 4 orders
- −$10.42
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$18.08
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 6 min ago; BingX: live order book, 15 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 GRVT live order book, 6 min ago | 1.65 bp | 6.5 bp −$7 | 9.2 bp −$92 | 7540.0 bp −$754.0K | 77644.9 bp −$38.82M |
| Sell BingX live order book, 15 min ago | 1.17 bp | 9.3 bp −$9 | 16.2 bp −$162 | 33.2 bp −$3,316 | 82.8 bp −$41.4K |
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 | 1,437.6 | −1.054% | $33K | $275K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,451.1 | −0.125% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,453.2 | +0.019% | $17.6M | $44.7M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0067% | 8h | 1,453.9 | +0.066% | $29.0M | $75.8M | 75x | as long as short |
| Variational Omni ZEC | −0.0034% | 8h | 1,451.4 | −0.105% | $45.5M | $32.3M | — | as long as short |
| Bybit ZECUSDT | −0.0014% | 8h | 1,453.6 | +0.044% | $269.2M | $677.3M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,453.6 | +0.046% | $409K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,453.3 | +0.028% | $850K | $5.5M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,453.5 | +0.039% | $82K | $400K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,454.6 | +0.113% | $566K | $1.3M | 25x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUALShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0007% | 8h | 1,453.7 | +0.057% | $291K | $1.5M | 20x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,454.2 | +0.091% | $5.1M | — | 150x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0035% | 8h | 1,454.1 | +0.079% | $172.2M | $1.37B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0040% / S +0.0062% | 1h | 1,454 | +0.072% | $536K | — | 100x | as long as short |
| Aster ZECUSDT | +0.0054% | 8h | 1,453.9 | +0.066% | $15.1M | $35.3M | 75x | as long as short |
| Gate ZEC_USDT | +0.0063% | 8h | 1,454.1 | +0.082% | $49.3M | $185.1M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,453.8 | +0.057% | $17K | $886K | 10x | as long as short |
| MEXC ZEC_USDT | +0.0095% | 8h | 1,454.1 | +0.078% | $218.8M | $879.7M | 150x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,453.6 | +0.046% | $177K | $2.0M | 50x | as long as short |
| Binance ZECUSDT | +0.0097% | 8h | 1,454 | +0.075% | $659.5M | $2.55B | 75x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0098% | 1h | 1,449.8 | −0.215% | $393K | $522K | 5x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,453.9 | +0.070% | $60K | $37K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,454 | +0.076% | $3.0M | $6.9M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,454.8 | +0.129% | $752.3M | $492.6M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,453.7 | +0.054% | $1.6M | $3.1M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,454.9 | +0.136% | $896K | $37K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,454 | +0.072% | $103.8M | $57.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,454.1 | +0.081% | $162.1M | $317.0M | 75x | as long as short |
| BingX ZEC-USDCshort | +0.0100% | 8h | 1,453.3 | +0.026% | — | $6.8M | — | |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,454.8 | +0.130% | $2.3M | $4.2M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,453.8 | +0.062% | $488K | $9.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perplong | +0.0100% | 8h | 1,452.9 | long leg | $3.0M | $501K | 10x | |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,450.5 | −0.166% | $705K | $604K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,451 | −0.132% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,453.5 | +0.040% | $298K | $2.1M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,454 | +0.075% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,452.5 | −0.030% | $442K | $493K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,456.7 | +0.257% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,453.4 | +0.036% | $220K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,453 | +0.006% | $2.4M | $25.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,453.5 | +0.037% | $3.7M | $5.5M | 50x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,452.3 | −0.046% | $4.6M | $1.6M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.0104% | 1h | 1,454 | +0.072% | $8K | $8K | 5x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,453.5 | +0.043% | $36K | $362K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,455.3 | +0.161% | $18.8M | $53.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,454.6 | +0.114% | $863K | $2.5M | 10x | as long as short |
| Extended ZEC-USD | +0.0352% | 1h | 1,453.9 | +0.070% | $3.3M | $7.0M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,455.2 | +0.158% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0464% | 1h | 1,454.1 | +0.080% | $39K | $32K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,456 | +0.212% | $754K | $7.8M | 10x | as long as short |
| Lighter RH ZEC | +0.0664% | 1h | 1,455.5 | +0.175% | $1.9M | $8.4M | 10x | as long as short |
Orderly PERP_ZEC_USDC
gTrade (Gains Network) ZEC/USD
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Aster ZECUSDT
Gate ZEC_USDT
Katana Perps ZEC-USD
MEXC ZEC_USDT
Popdex ZECUSDT
Binance ZECUSDT
Ondo Perps ZEC-USD.P
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Bulk ZEC-USD
KuCoin ZECUSDTM
Bitget ZECUSDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
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
Phoenix ZEC
01 Exchange ZECUSD
Aevo ZEC-PERP
Lighter ZEC
RISEx ZEC/USDC
Extended ZEC-USD
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC