Funding you earn now, next payment 09:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.087%
Price spread now: Coinbase International against BingX+0.243%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)+1.377%+$138 · spread now +0.243%, 7d avg +0.188%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.055% dearer against BingX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.188%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDC | 1,496.3 | 0.0100 | pay 0.0100% / 8h | 6h 59m | — | $6.6M | — |
| Short | Coinbase International ZEC-PERP-INTX | 1,499.9 | 0.0336 | get 0.0042% / 1h | 59m 05s | $3.9M | $9.8M | 50x |
BingX ZEC-USDC
Coinbase International ZEC-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- $49.56
- Price spread: +0.243% → +0.188%
- $5.54
- Slippage, 4 orders
- −$20.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $14.72
- Costs to cover
- 0.404%
- Break-even
- 4.9 days
Slippage from BingX: live order book, 3 min ago; Coinbase International: 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 BingX live order book, 3 min ago | 0.70 bp | 9.2 bp −$9 | 16.0 bp −$160 | 44.1 bp −$4,406 | 281.4 bp −$140.7K |
| Sell Coinbase International live order book, 5 min ago | 3.67 bp | 8.7 bp −$9 | 13.4 bp −$134 | 988.4 bp −$98.8K | doesn't fit |
ZEC on 50 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 | −0.3772% | 1h | 1,478.9 | −1.158% | $36K | $274K | 12x | as long as short |
| Perpl ZEC | −0.0447% | 43m | 1,496.6 | +0.023% | $61K | $306K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.0237% | 1h | 1,498.6 | +0.157% | $46K | $60K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0180% | 8h | 1,497 | +0.047% | $31.5M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,497.2 | +0.062% | $6K | $1K | 10x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,497.4 | +0.078% | $1.5M | $5.0M | 2.2x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,498 | +0.116% | $5.3M | — | 150x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0009% | 1h | 1,498.2 | +0.132% | $18.3M | $47.4M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,497 | +0.049% | $8K | $6K | 5x | as long as short |
| dYdX ZEC-USD | +0.0063% | 1h | 1,496.5 | +0.017% | $413K | $34K | 5x | as long as short |
Injective ZEC/USDC PERP
Perpl ZEC
Aftermath Perps ZECUSD
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kalshi KXZECPERP
gTrade (Gains Network) ZEC/USD
Kraken Futures PF_ZECUSD
01 Exchange ZECUSD
dYdX ZEC-USDShow all 50 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx ZEC/USDC | +0.0077% | 1h | 1,496.1 | −0.008% | $986K | $1.2M | 10x | as long as short |
| Phoenix ZEC | +0.0082% | 1h | 1,499.6 | +0.221% | $4.8M | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0083% | 8h | 1,496.1 | −0.012% | $302K | $860K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,497.9 | +0.111% | $19.6M | $40.2M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,498.4 | +0.145% | $2.1M | $7.1M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,497.1 | +0.053% | $175K | $1.8M | 50x | as long as short |
| Paradex ZEC-USD-PERP | +0.0099% | 8h | 1,496.9 | +0.042% | $62K | $16K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,497.1 | +0.057% | $15K | $883K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,497.5 | +0.084% | $3.1M | $7.5M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,497.6 | +0.090% | $785.0M | $445.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,497.2 | +0.065% | $14.0M | $29.2M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,497.4 | +0.074% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,497.3 | +0.068% | $706.6M | $2.28B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,496.8 | +0.035% | $273.0M | $606.2M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,497.1 | +0.057% | $185.8M | $1.34B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,495.1 | −0.078% | $407K | $529K | 5x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,498.3 | +0.134% | $606K | $8.7M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,501.6 | +0.354% | $772K | $147K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,496.9 | +0.041% | $60.4M | $179.9M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,497.2 | +0.065% | $406.2M | $804.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,496.7 | +0.027% | $102.6M | $55.2M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,496.6 | +0.023% | $163.0M | $290.7M | 75x | as long as short |
| BingX ZEC-USDClong | +0.0100% | 8h | 1,496.3 | long leg | — | $6.6M | — | |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,497.4 | +0.078% | $2.3M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,497 | +0.051% | $49.5M | $35.3M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,498.7 | +0.160% | $549K | $9.2M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,498.7 | +0.164% | $3.1M | $562K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,498.3 | +0.136% | $411K | $955K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,499.4 | +0.211% | $50K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,496.5 | +0.016% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,496.5 | +0.015% | $167K | $190K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,499.2 | +0.196% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,497.8 | +0.101% | $256K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,497.4 | +0.073% | $2.7M | $20.7M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,497 | +0.049% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,495.9 | −0.023% | $2.7M | $7.6M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,496.1 | −0.010% | $43K | $157K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0167% / S −0.0166% | 1h | 1,498.9 | +0.177% | $341K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0244% | 1h | 1,496.9 | +0.042% | $685K | $1.3M | 25x | as long as short |
| Coinbase International ZEC-PERP-INTXshort | +0.0336% | 1h | 1,499.9 | +0.243% | $3.9M | $9.8M | 50x |
RISEx ZEC/USDC
Phoenix ZEC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Arcus ZEC-USD
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
Backpack ZEC_USDC_PERP
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
Deribit ZEC_USDC-PERPETUAL