Funding you earn now, next payment 22:00 UTC+0.0118%/8h= +13.0% APRpaid last 24h +0.014%
Price spread now: Pacifica against Bybit+0.052%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 7 days−0.079%−$8 · spread now +0.052%, 7d avg −0.007%
=Together, before fees−0.441%+ Points / potential airdropPacifica: Active · farm board−$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Pacifica is 0.059% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.362%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,458.1 | −0.0018 | get 0.0018% / 8h | 2h 10m | $269.2M | $677.1M | 75x |
| Short | Pacifica ZEC | 1,458.9 | 0.0100 | get 0.0013% / 1h | 10m 35s | $1.6M | $3.0M | 10x |
Bybit ZECUSDT
Pacifica ZECFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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
- $24.88
- Price spread: +0.052% → −0.007%
- $5.91
- Slippage, 4 orders
- −$6.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- $5.44
- Costs to cover
- 0.254%
- Break-even
- 5.5 days
Slippage from Bybit: live order book, 9 min ago; Pacifica: live order book, 3 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 Bybit live order book, 9 min ago | 0.03 bp | 5.5 bp −$6 | 8.6 bp −$86 | 20.4 bp −$2,041 | 41.7 bp −$20.8K |
| Sell Pacifica live order book, 3 min ago | 1.03 bp | 6.4 bp −$6 | doesn't fit | doesn't fit | 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 | −0.3476% | 1h | 1,433.1 | −1.713% | $33K | $275K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0086% | 8h | 1,456.8 | −0.089% | $28.8M | $75.3M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,457.5 | −0.040% | $6K | $2K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0071% | 1h | 1,456.7 | −0.095% | $17.7M | $44.7M | 25x | as long as short |
| Bybit ZECUSDTlong | −0.0018% | 8h | 1,458.1 | long leg | $269.2M | $677.1M | 75x | |
| dYdX ZEC-USD | 0.0000% | 1h | 1,458.4 | +0.021% | $411K | $106K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,457.6 | −0.034% | $934K | $5.7M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,456.9 | −0.084% | $83K | $401K | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | 0.0000% | 1h | 1,457.5 | −0.044% | $593K | $1.3M | 25x | as long as short |
| Variational Omni ZEC | +0.0002% | 8h | 1,456.6 | −0.105% | $45.6M | $33.4M | — | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Kraken Futures PF_ZECUSD
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
Deribit ZEC_USDC-PERPETUAL
Variational Omni ZECShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,457.3 | −0.053% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0016% | 8h | 1,456.6 | −0.102% | $292K | $1.5M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0017% / S +0.0073% | 1h | 1,457.1 | −0.068% | $557K | — | 100x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0039% | 1h | 1,455.9 | −0.152% | $395K | $514K | 5x | as long as short |
| 01 Exchange ZECUSD | +0.0040% | 1h | 1,459.3 | +0.084% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0057% | 8h | 1,459.2 | +0.071% | $174.3M | $1.36B | 50x | as long as short |
| Gate ZEC_USDT | +0.0063% | 8h | 1,458.9 | +0.052% | $49.3M | $191.0M | 75x | as long as short |
| Katana Perps ZEC-USD | +0.0095% | 8h | 1,459.2 | +0.073% | $15K | $865K | 10x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,459.7 | +0.109% | $18.8M | $54.7M | 20x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,459.1 | +0.067% | $173K | $2.0M | 50x | as long as short |
| Aster ZECUSDT | +0.0098% | 8h | 1,458.8 | +0.049% | $15.3M | $33.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,459.3 | +0.078% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,458.8 | +0.047% | $2.5M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,459.1 | +0.067% | $754.7M | $495.3M | 10x | as long as short |
| Pacifica ZECshort | +0.0100% | 1h | 1,458.9 | +0.052% | $1.6M | $3.0M | 10x | |
| Binance ZECUSDT | +0.0100% | 8h | 1,459.2 | +0.076% | $666.3M | $2.53B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,459.4 | +0.084% | $218.5M | $899.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,458.1 | +0.001% | $103.1M | $57.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,459.3 | +0.080% | $161.5M | $312.1M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,459.1 | +0.070% | — | $101.6M | — | as long as short |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,457.8 | −0.025% | $2.3M | $4.1M | 15x | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,457.1 | −0.071% | $489K | $9.6M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,458.5 | +0.027% | $3.0M | $492K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,458 | −0.011% | $428K | $814K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,457.6 | −0.034% | $109K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,456.9 | −0.084% | $344K | $2.0M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,456.8 | −0.090% | $127K | $161K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,456.4 | −0.118% | $445K | $498K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,458.9 | +0.055% | $3K | $1.3M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,457 | −0.080% | $221K | $4.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,457.9 | −0.017% | $2.4M | $24.9M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,457.3 | −0.058% | $3.8M | $5.4M | 50x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,456.7 | −0.097% | $897K | $26K | 10x | as long as short |
| Phoenix ZEC | +0.0103% | 1h | 1,458.5 | +0.029% | $4.6M | $1.6M | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,459.7 | +0.108% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,456.9 | −0.087% | $36K | $362K | 20x | as long as short |
| RISEx ZEC/USDC | +0.0219% | 1h | 1,459.9 | +0.122% | $848K | $1.8M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0440% | 1h | 1,459 | +0.062% | $3.7M | $11.6M | 50x | as long as short |
| Aftermath Perps ZECUSD | +0.0477% | 1h | 1,458 | −0.007% | $40K | $34K | 10x | as long as short |
| Arcus ZEC-USD | +0.0518% | 1h | 1,460.2 | +0.143% | $748K | $8.0M | 10x | as long as short |
| Lighter RH ZEC | +0.0592% | 1h | 1,460.3 | +0.149% | $2.0M | $8.5M | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Ondo Perps ZEC-USD.P
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
Gate ZEC_USDT
Katana Perps ZEC-USD
Lighter ZEC
Popdex ZECUSDT
Aster ZECUSDT
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
Backpack ZEC_USDC_PERP
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Bulk ZEC-USD
Phoenix ZEC
Extended ZEC-USD
Aevo ZEC-PERP
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Aftermath Perps ZECUSD
Arcus ZEC-USD
Lighter RH ZEC