Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%

Price spread now: 01 Exchange against HTX+0.093%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.093% dearer against HTX than usual: you sell high and buy low (spread +0.093% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ZEC-USDT	1,464.4	0.0100	pay 0.0100% / 8h	7h 16m	$2.5M	$20.4M	75x
Short	01 Exchange ZECUSD	1,465.7	0	get 0.0000% / 1h	16m 13s	$8K	$9K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.093%Rate

Funding earned: −$21
Price spread: +0.093% → 0.000%: $9.29
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$30.71
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 3 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 3 min ago	1.84 bp	10.9 bp −$11	15.9 bp −$159	34.5 bp −$3,450	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	1,466.3	+0.133%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0344%	1h	1,465.8	+0.097%	$17.8M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0122%	1h	1,463.3	−0.074%	$398K	$516K	5x	as long as short
BloFin ZEC-USDT	−0.0115%	8h	1,463.8	−0.039%	$29.7M	$72.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,464.4	−0.001%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0030%	8h	1,464.9	+0.038%	$47.5M	$33.8M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,464.7	+0.023%	$412K	$103K	5x	as long as short
01 Exchange ZECUSDshort	0.0000%	1h	1,465.7	+0.093%	$8K	$9K	5x
Kalshi KXZECPERP	0.0000%	8h	1,466.9	+0.169%	$957K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,464.7	+0.021%	$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	1,465.5	+0.074%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0018%	8h	1,465.4	+0.069%	$293K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,469.3	+0.338%	$4.6M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0010%	1h	1,465.5	+0.078%	$377K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0057%	8h	1,465.6	+0.080%	$181.1M	$1.29B	50x	as long as short
Bybit ZECUSDT	+0.0075%	8h	1,465.4	+0.072%	$272.9M	$633.3M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,465.3	+0.063%	$173K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,464.8	+0.025%	$15K	$845K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,465.1	+0.048%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,465.8	+0.100%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,466.7	+0.158%	$761.3M	$453.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,465.4	+0.067%	$14.9M	$31.5M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,465.4	+0.068%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,465.7	+0.089%	$682.0M	$2.37B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,466.9	+0.172%	$705K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,465.9	+0.102%	$892K	$22K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,465.2	+0.059%	$50.2M	$180.8M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,465.7	+0.090%	$228.0M	$828.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,465.4	+0.069%	$104.0M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,466	+0.109%	$163.1M	$292.0M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,464.4	0.000%	—	$6.7M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,468.4	+0.277%	$571K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468	+0.248%	$3.0M	$447K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.5	+0.349%	$430K	$869K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,464.7	+0.023%	$110K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,465.3	+0.063%	$339K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,465.4	+0.070%	$127K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,463.9	−0.032%	$456K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,467.8	+0.235%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,465.6	+0.083%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDTlong	+0.0100%	8h	1,464.4	long leg	$2.5M	$20.4M	75x
Phemex ZECUSDT	+0.0100%	8h	1,465.9	+0.104%	$3.8M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,465.7	+0.093%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,465.6	+0.086%	$54K	$164K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0167%	1h	1,466.5	+0.143%	$603K	$1.3M	25x	as long as short
Lighter ZEC	+0.0224%	1h	1,467.2	+0.190%	$19.1M	$50.5M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,466	+0.111%	$851K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,467	+0.181%	$3.7M	$9.6M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0517%	1h	1,464.6	+0.016%	$2.5M	$3.9M	15x	as long as short
Lighter RH ZEC	+0.0744%	1h	1,467.8	+0.234%	$2.0M	$8.3M	10x	as long as short
Aftermath Perps ZECUSD	+0.0775%	1h	1,467	+0.179%	$43K	$46K	10x	as long as short