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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%
Price spread now: BingX against Bybit+0.082%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.180%−$18 on $10k
Price spread, last 7 days−0.125%−$12 · spread now +0.082%, 7d avg −0.082%
Together, before fees−0.305%−$30 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: BingX is 0.163% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,4660.0100pay 0.0100% / 8h5h 58m$271.4M$604.9M75x
ShortBingX ZEC-USDC1,467.20.0100get 0.0100% / 8h5h 58m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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: +0.082% → −0.082%
$16.34
Slippage, 4 orders
−$10.65
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BingX: 5 bp × 2 orders
−$10
Net
−$15.31
Costs to cover
0.317%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; BingX: live order book, 9 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 Bybit live order book, 1 min ago0.03 bp5.7 bp −$67.9 bp −$7917.1 bp −$1,711doesn't fit
Sell BingX live order book, 9 min ago0.55 bp10.7 bp −$1115.8 bp −$15833.5 bp −$3,35580.9 bp −$40.4K

ZEC on 50 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−0.3244%1h1,453.2−0.874%$33K$272K12xas long as short
Ondo Perps ZEC-USD.P−0.0378%1h1,466.9+0.059%$398K$441K5xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.3+0.291%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,467.9+0.131%$413K$48K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.7+0.181%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,467.6+0.107%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.3+0.086%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0032%8h1,467.2+0.082%$293K$984K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0033%1h1,467.9+0.126%$611K$1.3M25xas long as short
01 Exchange ZECUSD+0.0048%1h1,467.8+0.122%$8K$8K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,467.2+0.083%$383K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6+0.245%$4.6M$1.4M10xas long as short
Variational Omni ZEC+0.0079%8h1,468.1+0.142%$48.0M$32.4Mas long as short
OKX ZEC-USDT-SWAP+0.0095%8h1,466−0.002%$180.8M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8+0.121%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.4+0.091%$16K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468+0.131%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.2+0.145%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.3+0.155%$764.9M$435.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.2+0.077%$14.7M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,468+0.133%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.3+0.019%$677.8M$2.25B75xas long as short
Bybit ZECUSDTlong+0.0100%8h1,466long leg$271.4M$604.9M75x
Bulk ZEC-USD+0.0100%1h1,466.6+0.038%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.2+0.082%$50.2M$169.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.4+0.092%$216.0M$767.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.3+0.084%$103.1M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.2+0.080%$163.0M$275.5M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,467.2+0.082%$6.7M
edgeX ZECUSDC+0.0100%4h1,468+0.137%$571K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.3+0.158%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,468.3+0.157%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,469.9+0.267%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.5+0.100%$343K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.3+0.083%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.8−0.014%$447K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,470.1+0.280%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.5+0.100%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.7+0.048%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.9+0.125%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,465.9−0.011%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1+0.070%$48K$155K20xas long as short
Lighter ZEC+0.0136%1h1,468.9+0.193%$19.2M$45.8M20xas long as short
Kraken Futures PF_ZECUSD+0.0194%1h1,467.5+0.098%$18.1M$43.4M25xas long as short
Arcus ZEC-USD+0.0277%1h1,469.8+0.256%$690K$8.5M10xas long as short
Lighter RH ZEC+0.0288%1h1,469.3+0.225%$2.1M$6.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0378%1h1,467.8+0.118%$2.4M$3.8M15xas long as short
RISEx ZEC/USDC+0.0409%1h1,468.3+0.156%$852K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,468.6+0.176%$3.6M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0733%1h1,469+0.204%$43K$46K10xas long as short