Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%

Price spread now: BingX against Pacifica−0.035%47s7-day average — · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$310.308% of the position

Long on Pacifica Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.155%+$15 on $10k

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

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.035% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ZEC	1,467.7	0.0100	pay 0.0013% / 1h	19m 47s	$1.7M	$2.8M	10x
Short	BingX ZEC-USDC	1,467.2	0.0100	get 0.0100% / 8h	7h 19m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Pacifica. 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 PacificabpFee BingXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → 0.000%: −$3.45
Slippage, 4 orders: −$12.83
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$34.28
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; BingX: live order book, 3 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 Pacifica live order book, 4 min ago	1.02 bp	5.5 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	0.38 bp	9.8 bp −$10	15.2 bp −$152	32.4 bp −$3,238	76.6 bp −$38.3K

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	+0.064%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,467.6	−0.007%	$17.8M	$43.0M	25x	as long as short
BloFin ZEC-USDT	−0.0114%	8h	1,469.4	+0.114%	$29.8M	$72.9M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0114%	1h	1,467.4	−0.019%	$399K	$517K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,467.6	−0.007%	$6K	$2K	10x	as long as short
Variational Omni ZEC	−0.0038%	8h	1,469.1	+0.098%	$47.6M	$33.7M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,467.2	−0.032%	$413K	$103K	5x	as long as short
01 Exchange ZECUSD	0.0000%	1h	1,467.6	−0.005%	$8K	$9K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,468.4	+0.051%	$958K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,466.8	−0.062%	$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	−0.026%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0017%	8h	1,467.2	−0.031%	$293K	$1.1M	20x	as long as short
Phoenix ZEC	+0.0054%	1h	1,469.3	+0.113%	$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	−0.018%	$377K	—	100x	as long as short
OKX ZEC-USDT-SWAP	+0.0056%	8h	1,467.1	−0.037%	$182.0M	$1.30B	50x	as long as short
Bybit ZECUSDT	+0.0062%	8h	1,466.8	−0.060%	$273.6M	$633.2M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,467.2	−0.031%	$173K	$1.9M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,467.4	−0.017%	$19K	$838K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,467.3	−0.023%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,468.1	+0.028%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,468.5	+0.056%	$761.3M	$452.1M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,467.6	−0.008%	$14.9M	$31.7M	75x	as long as short
Pacifica ZEClong	+0.0100%	1h	1,467.7	long leg	$1.7M	$2.8M	10x
Binance ZECUSDT	+0.0100%	8h	1,467.2	−0.031%	$683.5M	$2.37B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,469.6	+0.130%	$702K	$8.5M	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,467.4	−0.017%	$50.8M	$180.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,467.7	−0.002%	$230.1M	$827.3M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,467.6	−0.004%	$104.5M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,467.6	−0.008%	$163.4M	$292.2M	75x	as long as short
BingX ZEC-USDCshort	+0.0100%	8h	1,467.2	−0.035%	—	$6.7M	—
edgeX ZECUSDC	+0.0100%	4h	1,466.9	−0.051%	$571K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468.3	+0.044%	$3.0M	$447K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,467.3	−0.023%	$429K	$869K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,468.7	+0.070%	$110K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,467.3	−0.026%	$340K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,467.4	−0.018%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,465.5	−0.146%	$457K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,469.6	+0.131%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,467.3	−0.024%	$242K	$3.9M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,466.9	−0.052%	$2.5M	$21.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,467.9	+0.017%	$3.8M	$5.3M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471.7	+0.274%	$895K	$24K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,467.7	+0.001%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,467.2	−0.034%	$54K	$168K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0150%	1h	1,467.9	+0.018%	$604K	$1.3M	25x	as long as short
Lighter ZEC	+0.0208%	1h	1,469	+0.092%	$19.1M	$50.4M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,468.4	+0.052%	$852K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,469.2	+0.107%	$3.7M	$9.6M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0529%	1h	1,468.6	+0.060%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0762%	1h	1,469	+0.087%	$43K	$46K	10x	as long as short
Lighter RH ZEC	+0.0768%	1h	1,469.5	+0.126%	$2.0M	$8.2M	10x	as long as short