Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: Bybit against MEXC−0.122%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$150.147% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 7 days+0.114%+$11 · spread now −0.122%, 7d avg −0.005%

Together, before fees+0.272%+$27 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: Bybit is 0.117% cheaper against MEXC than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEC_USDT	1,514.2	0.0100	pay 0.0100% / 8h	1m 53s	$246.8M	$830.0M	150x
Short	Bybit ZECUSDT	1,512.3	0.0100	get 0.0100% / 8h	1m 53s	$273.4M	$627.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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 MEXCbpFee BybitbpOrdersPrice spread, now −0.122%Rate

Funding earned: $0
Price spread: −0.122% → −0.005%: −$11.71
Slippage, 4 orders: −$3.69
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$26.4
Costs to cover: 0.147%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; Bybit: live order book, 2 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 MEXC live order book, 2 min ago	0.03 bp	0.0 bp $0	0.5 bp −$5	7.5 bp −$746	60.3 bp −$30.1K
Sell Bybit live order book, 2 min ago	0.03 bp	7.3 bp −$7	10.0 bp −$100	18.5 bp −$1,850	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	−0.3442%	1h	1,496.3	−1.183%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,512.8	−0.088%	$62K	$306K	10x	as long as short
Bulk ZEC-USD	−0.0412%	1h	1,508.1	−0.401%	$776K	$147K	10x	as long as short
BloFin ZEC-USDT	−0.0163%	8h	1,510.6	−0.240%	$31.3M	$76.8M	75x	as long as short
Aftermath Perps ZECUSD	−0.0098%	1h	1,510.5	−0.240%	$48K	$59K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,511	−0.213%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,510.3	−0.254%	$420K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,512	−0.147%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,514.3	+0.010%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0011%	1h	1,515.2	+0.067%	$18.3M	$47.9M	25x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZEC-USD.P	+0.0066%	1h	1,507	−0.474%	$412K	$551K	5x	as long as short
01 Exchange ZECUSD	+0.0072%	1h	1,510.6	−0.240%	$8K	$6K	5x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,515	+0.056%	$305K	$863K	20x	as long as short
Phoenix ZEC	+0.0096%	1h	1,511.5	−0.176%	$4.8M	$1.4M	10x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,515.5	+0.088%	$2.1M	$7.7M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,510.3	−0.255%	$176K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0097%	8h	1,510.6	−0.238%	$16K	$897K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,511	−0.207%	$62K	$19K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,510.7	−0.231%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,512.9	−0.085%	$792.2M	$447.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,512.8	−0.093%	$14.2M	$31.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,511.5	−0.180%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,513	−0.075%	$715.0M	$2.33B	75x	as long as short
Bybit ZECUSDTshort	+0.0100%	8h	1,512.3	−0.122%	$273.4M	$627.9M	75x
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,512.2	−0.134%	$183.1M	$1.38B	50x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,513	−0.077%	$60.0M	$191.4M	75x	as long as short
MEXC ZEC_USDTlong	+0.0100%	8h	1,514.2	long leg	$246.8M	$830.0M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,514	−0.010%	$103.6M	$57.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,512.6	−0.104%	$163.6M	$293.8M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,513.5	−0.045%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,507.8	−0.420%	$49.8M	$35.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,511.6	−0.171%	$578K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,510.4	−0.252%	$3.1M	$519K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,511.2	−0.197%	$416K	$948K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,511.2	−0.196%	$54K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,510.3	−0.256%	$376K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,514.4	+0.012%	$169K	$193K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,513.2	−0.066%	$462K	$408K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,516.6	+0.162%	$4K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,514.6	+0.027%	$256K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,514.5	+0.020%	$2.7M	$21.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,514.5	+0.023%	$4.1M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,513.6	−0.039%	$2.7M	$7.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,515.1	+0.062%	$43K	$151K	20x	as long as short
RISEx ZEC/USDC	+0.0128%	1h	1,510.5	−0.243%	$958K	$1.1M	10x	as long as short
Lighter ZEC	+0.0128%	1h	1,515.7	+0.100%	$19.7M	$47.1M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0150% / S −0.0150%	1h	1,514.2	+0.004%	$335K	—	100x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0161%	1h	1,515.4	+0.083%	$692K	$1.4M	25x	as long as short
Arcus ZEC-USD	+0.0403%	1h	1,511.1	−0.201%	$595K	$8.9M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0416%	1h	1,516.5	+0.152%	$3.7M	$9.8M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0492%	1h	1,514.8	+0.044%	$2.4M	$3.8M	15x	as long as short