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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0219%/8h= +24.0% APRnext payment +$2.19 per $10,000 · paid last 24h +0.051%
Price spread now: MEXC against BloFin−0.021%64s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$120.123% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.021%, 7d avg −0.001%
Together, before fees−0.013%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,495.2−0.0119get 0.0119% / 8h2h 04m$30.5M$73.9M75x
ShortMEXC ZEC_USDT1,494.90.0100get 0.0100% / 8h2h 04m$225.6M$784.0M150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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
$45.96
Price spread: −0.021% → −0.001%
−$1.96
Slippage, 4 orders
−$0.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 0 bp × 2 orders
$0
Net
$31.66
Costs to cover
0.123%
Break-even
2.2 days
Slippage from BloFin: live order book, 5 min ago; MEXC: live order book, 5 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 BloFin live order book, 5 min ago0.10 bp6.1 bp −$68.7 bp −$8715.4 bp −$1,540doesn't fit
Sell MEXC live order book, 5 min ago0.07 bp0.1 bp $00.1 bp −$11.0 bp −$10446.1 bp −$23.0K

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−0.3243%1h1,479.2−1.075%$34K$273K12xas long as short
Bulk ZEC-USD−0.0279%1h1,512.6+1.162%$914K$15K10xas long as short
BloFin ZEC-USDTlong−0.0119%8h1,495.2long leg$30.5M$73.9M75x
Hotstuff ZEC-PERP−0.0080%1h1,495.5+0.019%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,495.1−0.009%$415K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,495.8+0.035%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,495.3+0.001%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,495−0.013%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0070%8h1,494.6−0.041%$293K$1.1M20xas long as short
01 Exchange ZECUSD+0.0088%1h1,494.9−0.021%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,500.8+0.373%$4.8M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,494.8−0.027%$152K$1.7M50xas long as short
Nado ZEC-PERP+0.0100%1h1,495−0.015%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,496.7+0.098%$780.7M$438.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,494.9−0.024%$14.2M$29.5M75xas long as short
Pacifica ZEC+0.0100%1h1,495.2+0.001%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,494.6−0.042%$694.2M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,495−0.016%$274.3M$620.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,495.3+0.002%$181.2M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,495.9+0.045%$407K$481K5xas long as short
Gate ZEC_USDT+0.0100%8h1,495.3+0.001%$54.1M$182.3M75xas long as short
MEXC ZEC_USDTshort+0.0100%8h1,494.9−0.021%$225.6M$784.0M150x
KuCoin ZECUSDTM+0.0100%8h1,495.4+0.009%$103.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,495.20.000%$161.2M$285.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,494.2−0.067%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,498.3+0.208%$49.0M$33.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,496.9+0.109%$573K$8.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,498.9+0.246%$3.1M$477K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.7+0.299%$415K$930K50xas long as short
StandX ZEC-USD+0.0100%1h1,496.5+0.084%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,495.1−0.009%$362K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,495.2−0.003%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.7−0.104%$456K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,496.8+0.104%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,494.2−0.067%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,494.1−0.076%$2.6M$19.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,494.6−0.043%$4.0M$5.0M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0100%1h1,495.1−0.011%$711K$1.4M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,495.6+0.025%$62K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,494.6−0.041%$12K$858K10xas long as short
Extended ZEC-USD+0.0104%1h1,494.2−0.069%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.2−0.066%$45K$149K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0109% / S −0.0085%1h1,494.8−0.031%$404K100xas long as short
Kraken Futures PF_ZECUSD+0.0144%1h1,494.5−0.051%$18.1M$46.2M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,494.8−0.029%$933K$1.2M10xas long as short
Lighter ZEC+0.0216%1h1,495.7+0.031%$19.6M$45.9M20xas long as short
Lighter RH ZEC+0.0216%1h1,496.3+0.071%$2.1M$7.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0360%1h1,495.8+0.041%$2.3M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0399%1h1,498.8+0.241%$50K$61K10xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,496.5+0.082%$3.7M$9.9M50xas long as short
Arcus ZEC-USD+0.0508%1h1,496+0.051%$620K$8.5M10xas long as short