ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.38 per $10,000 · paid last 24h −0.036%

Price spread now: Bybit against HTX−0.035%7-day average +0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$3as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 3 days (all we have)−0.085%−$8 · spread now −0.035%, 7d avg +0.012%

Together, before fees+0.199%+$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.046% cheaper against HTX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.284%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZEC-USDT	1,466.9	0.0100	pay 0.0100% / 8h	7h 19m	$2.5M	$21.2M	75x
Short	Bybit ZECUSDT	1,466.4	0.0062	get 0.0062% / 8h	7h 19m	$273.5M	$632.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$7.95
Price spread: −0.035% → +0.012%: −$4.64
Slippage, 4 orders: −$8.63
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$44.23
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from HTX: live order book, 5 min ago; Bybit: 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 HTX live order book, 5 min ago	0.03 bp	6.2 bp −$6	10.4 bp −$104	33.0 bp −$3,297	doesn't fit
Sell Bybit live order book, 5 min ago	0.03 bp	6.7 bp −$7	8.9 bp −$89	16.9 bp −$1,688	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	−0.3321%	1h	1,468.6	+0.116%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,467.6	+0.045%	$17.8M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0117%	1h	1,467.4	+0.033%	$399K	$517K	5x	as long as short
BloFin ZEC-USDT	−0.0114%	8h	1,469.4	+0.166%	$29.8M	$72.9M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,467.2	+0.017%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0038%	8h	1,469.1	+0.150%	$47.6M	$33.7M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,467.2	+0.021%	$413K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,467.3	+0.023%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,468.4	+0.103%	$958K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,466.8	−0.010%	$83K	$405K	10x	as long as short

Show 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	1,467.3	+0.027%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0017%	8h	1,467.2	+0.021%	$293K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,469.3	+0.165%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,467.4	+0.035%	$377K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0055%	8h	1,466.8	−0.011%	$181.9M	$1.29B	50x	as long as short
Bybit ZECUSDTshort	+0.0062%	8h	1,466.4	−0.035%	$273.5M	$632.8M	75x
Popdex ZECUSDT	+0.0096%	1h	1,466.7	−0.017%	$173K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,467.1	+0.010%	$19K	$838K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,467.4	+0.034%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,468.1	+0.081%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,468.5	+0.108%	$761.3M	$452.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,467.2	+0.021%	$14.9M	$31.7M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,467.7	+0.055%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,466.9	−0.004%	$683.3M	$2.37B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,468.9	+0.136%	$701K	$8.5M	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,467.1	+0.010%	$50.8M	$180.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,467.1	+0.010%	$231.2M	$827.5M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,467.5	+0.040%	$104.4M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,467.2	+0.020%	$163.3M	$292.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,467.1	+0.015%	—	$100.3M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.4	+0.104%	$571K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468	+0.075%	$3.0M	$447K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.5	+0.176%	$430K	$869K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,468.7	+0.123%	$110K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,467.3	+0.027%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,467.4	+0.034%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.5	−0.093%	$457K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,469.6	+0.183%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,467.3	+0.028%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDTlong	+0.0100%	8h	1,466.9	long leg	$2.5M	$21.2M	75x
Phemex ZECUSDT	+0.0100%	8h	1,467.9	+0.070%	$3.8M	$5.3M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.7	+0.327%	$895K	$24K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,467	+0.009%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,467.2	+0.018%	$54K	$168K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0150%	1h	1,467.9	+0.070%	$604K	$1.3M	25x	as long as short
Lighter ZEC	+0.0208%	1h	1,469	+0.144%	$19.1M	$50.4M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,467.5	+0.039%	$852K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,469.2	+0.159%	$3.7M	$9.6M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0529%	1h	1,468.6	+0.112%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0762%	1h	1,469	+0.139%	$43K	$46K	10x	as long as short
Lighter RH ZEC	+0.0768%	1h	1,469.5	+0.179%	$2.0M	$8.2M	10x	as long as short