Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bulk against Bitget−0.087%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$210.208% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.087%, 7d avg −0.018%
Together, before fees+0.171%+$17 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: Bulk is 0.069% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.018%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,472.40.0100pay 0.0100% / 8h50m 56s$162.7M$303.0M75x
ShortBulk ZEC-USD1,471.10.0100get 0.0013% / 1h50m 56s$908K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Bitget. 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

Funding earned
$0
Price spread: −0.087% → −0.018%
−$6.9
Slippage, 4 orders
−$1.78
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$27.67
Costs to cover
0.208%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Bulk: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago0.03 bp6.8 bp −$710.9 bp −$109doesn't fitdoesn't fit
Sell Bulk live order book, 28 min ago0.03 bp3.5 bp −$43.5 bp −$354.0 bp −$4026.6 bp −$3,297

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3089%1h1,473.9+0.104%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0311%1h1,471.3−0.075%$399K$516K5xas long as short
ApeX Omni ZECUSDT−0.0243%1h1,474.7+0.154%$432K$828K50xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.7+0.021%$17.9M$44.6M25xas long as short
BloFin ZEC-USDT−0.0111%8h1,472.4+0.001%$29.4M$75.5M75xas long as short
Bybit ZECUSDT−0.0088%8h1,471.2−0.079%$273.3M$660.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.7+0.018%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4+0.069%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.7+0.091%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.3+0.058%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,472.5+0.005%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,473.4+0.069%$615K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.1+0.046%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,472.4+0.001%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,475.6+0.218%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,471.8−0.041%$180.5M$1.35B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,472.9+0.036%$8K$8K5xas long as short
Gate ZEC_USDT+0.0044%8h1,472.2−0.017%$50.6M$184.2M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0011%1h1,472.9+0.035%$366K100xas long as short
SoDEX ZEC-USD+0.0090%1h1,472.4+0.001%$226K$4.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,472.6+0.014%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473.5+0.075%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.7+0.020%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.4+0.068%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.9+0.102%$764.8M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.2−0.012%$15.5M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,473.2+0.053%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.1−0.021%$681.1M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.9+0.100%$717K$8.3M10xas long as short
Bulk ZEC-USDshort+0.0100%1h1,471.1−0.087%$908K$26K10x
MEXC ZEC_USDT+0.0100%8h1,472.40.000%$221.9M$830.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.8+0.024%$104.1M$55.8M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,472.4long leg$162.7M$303.0M75x
BingX ZEC-USDT+0.0100%8h1,472.1−0.023%$102.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3+0.129%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475.5+0.212%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,473.9+0.103%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6+0.014%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.5+0.007%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471−0.092%$448K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.9+0.168%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,472.1−0.022%$2.5M$23.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473+0.041%$3.9M$5.3M50xas long as short
Lighter ZEC+0.0104%1h1,474.2+0.119%$19.1M$52.1M20xas long as short
Extended ZEC-USD+0.0104%1h1,472.8+0.029%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.4−0.001%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.2+0.057%$835K$1.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.9+0.172%$3.8M$11.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0458%1h1,473.4+0.066%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0512%1h1,474.7+0.159%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0636%1h1,474.2+0.120%$46K$47K10xas long as short