Funding you earn now, next payment 06:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.036%
Price spread now: Bybit against StandX−0.081%48s7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as 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−$290.285% of the position
Funding, last 7 days−0.100%−$10 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.081%, 7d avg −0.013%
=Together, before fees−0.031%+ Points / potential airdropStandX: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.068% cheaper against StandX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 48 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 | StandX ZEC-USD | 1,465.1 | 0.0100 | pay 0.0013% / 1h | 39m 37s | $49K | $4.6M | 30x |
| Short | Bybit ZECUSDT | 1,463.9 | 0.0091 | get 0.0091% / 8h | 2h 39m | $261.1M | $589.0M | 75x |
StandX ZEC-USD
Bybit ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against StandX. 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
- −$1.96
- Price spread: −0.081% → −0.013%
- −$6.79
- Slippage, 4 orders
- −$9.53
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$37.28
- Costs to cover
- 0.285%
- Break-even
- never at this rate
Slippage from StandX: live order book, 4 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 StandX live order book, 4 min ago | 3.72 bp | 7.8 bp −$8 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.03 bp | 6.9 bp −$7 | 9.2 bp −$92 | 18.8 bp −$1,876 | 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 | −0.3243% | 1h | 1,465 | −0.011% | $34K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,464.2 | −0.065% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0068% | 8h | 1,465.3 | +0.014% | $29.9M | $70.9M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,465.7 | +0.037% | $407K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,464.8 | −0.020% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,464.2 | −0.065% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0007% | 1h | 1,464.4 | −0.052% | $5.2M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0048% | 1h | 1,464 | −0.075% | $8K | $7K | 5x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,464.7 | −0.029% | $293K | $902K | 20x | as long as short |
| Bybit ZECUSDTshort | +0.0091% | 8h | 1,463.9 | −0.081% | $261.1M | $589.0M | 75x |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSD
Orderly PERP_ZEC_USDCShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,464.1 | −0.070% | $4.7M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0095% / S −0.0049% | 1h | 1,463.8 | −0.093% | $436K | — | 100x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,464 | −0.080% | $173K | $1.6M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,463.1 | −0.141% | $13K | $811K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,464.7 | −0.028% | $60K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,464.4 | −0.051% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,466.6 | +0.101% | $763.2M | $417.8M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,465.2 | +0.008% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,465.5 | +0.025% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,465.1 | +0.001% | $675.7M | $2.16B | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,464.3 | −0.056% | $178.4M | $1.20B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,464 | −0.076% | $397K | $429K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.167% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,465.2 | +0.003% | $52.8M | $170.4M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,464.8 | −0.023% | $218.1M | $759.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,465.7 | +0.039% | $103.3M | $52.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,464.9 | −0.018% | $165.9M | $267.3M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,464.6 | −0.033% | — | $107.8M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,464.4 | −0.050% | $48.0M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.6 | −0.103% | $569K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.1 | −0.137% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,464.9 | −0.018% | $405K | $925K | 50x | as long as short |
| StandX ZEC-USDlong | +0.0100% | 1h | 1,465.1 | long leg | $49K | $4.6M | 30x | |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,464 | −0.076% | $358K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,463.8 | −0.088% | $161K | $186K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,463.6 | −0.106% | $447K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,466.3 | +0.080% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,464.7 | −0.031% | $234K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,463.8 | −0.090% | $2.7M | $18.2M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,465.1 | −0.003% | $3.9M | $4.7M | 50x | as long as short |
| Lighter ZEC | +0.0104% | 1h | 1,466.6 | +0.100% | $19.4M | $43.9M | 20x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,464.7 | −0.026% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,464.7 | −0.029% | $47K | $151K | 20x | as long as short |
| Lighter RH ZEC | +0.0112% | 1h | 1,466.8 | +0.116% | $2.1M | $7.1M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0116% | 1h | 1,465.4 | +0.020% | $617K | $1.3M | 25x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0147% | 1h | 1,464.5 | −0.045% | $18.0M | $45.5M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,464.9 | −0.017% | $926K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0290% | 1h | 1,466.5 | +0.094% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,466.4 | +0.085% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,466.4 | +0.086% | $667K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0676% | 1h | 1,464.9 | −0.018% | $45K | $49K | 10x | as long as short |
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Lighter ZEC
Extended ZEC-USD
Aevo ZEC-PERP
Lighter RH ZEC
Deribit ZEC_USDC-PERPETUAL
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD