Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0079%/8hnext payment +$0.79 per $10,000 · paid last 24h +0.010%

Price spread now: HTX against MEXC+0.212%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs+$5as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on MEXC Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 3 days (all we have)−0.125%−$12 · spread now +0.212%, 7d avg −0.022%

Together, before fees−0.231%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and HTX is 0.234% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.022%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, 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	MEXC ZEC_USDT	1,470.5	0.0021	pay 0.0021% / 8h	4h 23m	$224.2M	$972.8M	150x
Short	HTX ZEC-USDT	1,473.6	0.0100	get 0.0100% / 8h	4h 23m	$2.4M	$29.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee HTXbpOrdersPrice spread, now +0.212%Rate

Funding earned: $16.59
Price spread: +0.212% → −0.022%: $23.43
Slippage, 4 orders: −$6.3
Fee MEXC: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: $21.72
Costs to cover: 0.183%
Break-even: from the start

Slippage from MEXC: live order book, 10 min ago; HTX: live order book, 5 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 MEXC live order book, 10 min ago	0.03 bp	0.0 bp $0	0.4 bp −$4	40.1 bp −$4,015	75.1 bp −$37.5K
Sell HTX live order book, 5 min ago	0.03 bp	10.4 bp −$10	15.7 bp −$157	37.7 bp −$3,769	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	−0.3655%	1h	1,459	−0.782%	$34K	$97K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0434%	1h	1,473	+0.176%	$18.0M	$46.9M	25x	as long as short
ApeX Omni ZECUSDT	−0.0300%	1h	1,471.7	+0.082%	$959K	$462K	50x	as long as short
Bybit ZECUSDT	−0.0175%	8h	1,470.9	+0.029%	$275.8M	$731.5M	75x	as long as short
Variational Omni ZEC	−0.0149%	8h	1,472.1	+0.109%	$47.8M	$31.9M	—	as long as short
BloFin ZEC-USDT	−0.0099%	8h	1,474.5	+0.278%	$30.4M	$79.8M	75x	as long as short
Ondo Perps ZEC-USD.P	−0.0087%	1h	1,471.5	+0.071%	$400K	$615K	5x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,470.5	+0.005%	$6K	$2K	10x	as long as short
Orderly PERP_ZEC_USDC	−0.0016%	8h	1,473.5	+0.209%	$290K	$1.6M	20x	as long as short
OKX ZEC-USDT-SWAP	−0.0014%	8h	1,470.9	+0.029%	$177.5M	$1.48B	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster ZECUSDT	−0.0014%	8h	1,470.2	−0.014%	$14.9M	$36.6M	75x	as long as short
01 Exchange ZECUSD	−0.0008%	1h	1,471.2	+0.051%	$9K	$10K	5x	as long as short
Gate ZEC_USDT	−0.0003%	8h	1,470.2	−0.020%	$50.5M	$195.0M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,470.9	+0.028%	$414K	$107K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471.7	+0.084%	$980K	$5.8M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,473.1	+0.182%	$80K	$430K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,473.1	+0.182%	$5.2M	—	150x	as long as short
Phoenix ZEC	+0.0012%	1h	1,474.3	+0.264%	$4.7M	$1.7M	10x	as long as short
MEXC ZEC_USDTlong	+0.0021%	8h	1,470.5	long leg	$224.2M	$972.8M	150x
Binance ZECUSDT	+0.0022%	8h	1,471.4	+0.063%	$676.0M	$2.71B	75x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0038%	1h	1,474.1	+0.250%	$577K	$1.3M	25x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0077% / S +0.0040%	1h	1,472.9	+0.166%	$577K	—	100x	as long as short
Aevo ZEC-PERP	+0.0088%	1h	1,473.6	+0.215%	$39K	$357K	20x	as long as short
Katana Perps ZEC-USD	+0.0090%	8h	1,470.8	+0.020%	$17K	$893K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,471.9	+0.097%	$19.4M	$59.2M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,470.7	+0.020%	$173K	$2.1M	50x	as long as short
Polymarket Perps ZEC-USD	+0.0096%	1h	1,470.8	+0.024%	$313K	$2.6M	10x	as long as short
Paradex ZEC-USD-PERP	+0.0099%	8h	1,470.1	−0.026%	$60K	$37K	10x	as long as short
RISEx ZEC/USDC	+0.0100%	1h	1,471.3	+0.060%	$850K	$2.6M	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,475.1	+0.317%	$3.1M	$7.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471.3	+0.058%	$771.1M	$576.2M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.7	+0.019%	$1.6M	$3.4M	10x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,473.5	+0.204%	$733K	$7.3M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,473.8	+0.226%	$908K	$43K	10x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,470.2	−0.020%	$103.3M	$63.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,470.8	+0.024%	$170.4M	$336.7M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,471.1	+0.044%	—	$117.0M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,473	+0.171%	$2.4M	$3.8M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,472.5	+0.141%	$494K	$10.4M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,474.6	+0.282%	$3.0M	$523K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,473.8	+0.226%	$110K	$4.7M	30x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.5	+0.138%	$128K	$162K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,471.9	+0.099%	$448K	$526K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.5	+0.476%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,473	+0.171%	$224K	$5.2M	10x	as long as short
HTX ZEC-USDTshort	+0.0100%	8h	1,473.6	+0.212%	$2.4M	$29.0M	75x
Phemex ZECUSDT	+0.0100%	8h	1,473.7	+0.221%	$3.8M	$6.0M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,471.1	+0.043%	$3.3M	$4.6M	10x	as long as short
Lighter RH ZEC	+0.0224%	1h	1,472	+0.107%	$1.8M	$7.7M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0384%	1h	1,477.4	+0.475%	$3.8M	$12.7M	50x	as long as short
Aftermath Perps ZECUSD	+0.0524%	1h	1,474.8	+0.294%	$39K	$33K	10x	as long as short