Funding you earn now, next payment 11:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.010%
Price spread now: BingX against Deribit+0.010%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.305% of the position
Funding, last 7 days−0.150%−$15 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ZEC_USDC-PERPETUAL | 1,505.8 | 0.0244 | pay 0.0031% / 1h | 57m 02s | $686K | $1.3M | 25x |
| Short | BingX ZEC-USDT | 1,505.9 | 0.0100 | get 0.0100% / 8h | 5h 57m | — | $122.6M | — |
Deribit ZEC_USDC-PERPETUAL
BingX ZEC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Deribit. 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
- −$30.24
- Price spread: +0.010% → 0.000%
- $1.04
- Slippage, 4 orders
- −$13.52
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.72
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 5 min ago; BingX: live order book, 10 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 Deribit live order book, 5 min ago | 5.02 bp | 9.2 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 0.10 bp | 5.1 bp −$5 | 5.4 bp −$54 | 13.1 bp −$1,307 | 29.4 bp −$14.7K |
ZEC on 50 exchanges
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 | −0.4130% | 1h | 1,480 | −1.713% | $36K | $267K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0186% | 8h | 1,506 | +0.012% | $31.8M | $73.6M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0174% | 1h | 1,504.1 | −0.111% | $408K | $499K | 5x | as long as short |
| Aftermath Perps ZECUSD | −0.0097% | 1h | 1,504.2 | −0.106% | $46K | $58K | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,503.6 | −0.144% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,504 | −0.118% | $414K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,505.7 | −0.005% | $1.5M | $4.9M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,503.5 | −0.150% | $63K | $300K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,505.1 | −0.045% | $5.4M | — | 150x | as long as short |
| 01 Exchange ZECUSD | +0.0024% | 1h | 1,505.3 | −0.034% | $8K | $6K | 5x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Aftermath Perps ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
01 Exchange ZECUSDShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx ZEC/USDC | +0.0032% | 1h | 1,504.1 | −0.111% | $909K | $1.3M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0071% | 8h | 1,504.5 | −0.083% | $304K | $856K | 20x | as long as short |
| Lighter ZEC | +0.0096% | 1h | 1,506.1 | +0.023% | $20.0M | $38.9M | 20x | as long as short |
| Lighter RH ZEC | +0.0096% | 1h | 1,506.6 | +0.052% | $2.0M | $7.0M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,505.1 | −0.047% | $170K | $1.5M | 50x | as long as short |
| Aster ZECUSDT | +0.0097% | 8h | 1,505.8 | −0.002% | $14.1M | $26.9M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0099% | 1h | 1,505.3 | −0.034% | $18.5M | $46.2M | 25x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,505.1 | −0.043% | $62K | $14K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,504.6 | −0.081% | $25K | $880K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,505.7 | −0.008% | $3.1M | $7.1M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,506.7 | +0.062% | $790.4M | $431.7M | 10x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,505.5 | −0.019% | $1.7M | $1.9M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,506 | +0.014% | $708.7M | $2.20B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,506 | +0.013% | $276.6M | $589.1M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,506 | +0.014% | $186.1M | $1.31B | 50x | as long as short |
| Arcus ZEC-USD | +0.0100% | 1h | 1,505.8 | −0.001% | $592K | $8.4M | 10x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,504.2 | −0.108% | $780K | $158K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,505.6 | −0.011% | $62.9M | $170.8M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,506.2 | +0.026% | $177.9M | $821.9M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,505.6 | −0.012% | $105.5M | $53.5M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,505.7 | −0.007% | $164.4M | $280.2M | 75x | as long as short |
| BingX ZEC-USDTshort | +0.0100% | 8h | 1,505.9 | +0.010% | — | $122.6M | — | |
| Backpack ZEC_USDC_PERP | +0.0100% | 1h | 1,506.3 | +0.035% | $2.2M | $3.7M | 15x | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,503.5 | −0.153% | $49.4M | $34.2M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,503.8 | −0.133% | $549K | $8.7M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,505.7 | −0.002% | $3.1M | $599K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,504.2 | −0.102% | $411K | $948K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,504.3 | −0.100% | $112K | $4.5M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,504.7 | −0.071% | $371K | $1.6M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,504.8 | −0.067% | $167K | $188K | 20x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,507.1 | +0.088% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,505 | −0.053% | $258K | $3.6M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,505 | −0.050% | $2.7M | $20.5M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,505.7 | −0.003% | $4.0M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,506.1 | +0.021% | $2.7M | $7.1M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,504.9 | −0.060% | $37K | $163K | 20x | as long as short |
| Phoenix ZEC | +0.0139% | 1h | 1,506.5 | +0.046% | $4.8M | $1.3M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0185% / S −0.0195% | 1h | 1,504.7 | −0.074% | $351K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUALlong | +0.0244% | 1h | 1,505.8 | long leg | $686K | $1.3M | 25x | |
| Coinbase International ZEC-PERP-INTX | +0.0352% | 1h | 1,506.4 | +0.040% | $3.9M | $9.5M | 50x | as long as short |
RISEx ZEC/USDC
Orderly PERP_ZEC_USDC
Lighter ZEC
Lighter RH ZEC
Popdex ZECUSDT
Aster ZECUSDT
Kraken Futures PF_ZECUSD
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Nado ZEC-PERP
Hyperliquid ZEC
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
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
Phoenix ZEC
GMX ZEC/USD [WBTC.b-USDC]
Coinbase International ZEC-PERP-INTX