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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:57 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.014%
Price spread now: Perpl against MEXC−0.065%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$6 on $10k
Price spread, last 4 days (all we have)+0.386%+$39 · spread now −0.065%, 7d avg −0.034%
Together, before fees+0.451%+ Points / potential airdropPerpl: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.031% cheaper against MEXC than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEC_USDT1,478.40.0100pay 0.0100% / 8h1h 29m$241.1M$784.1M150x
ShortPerpl ZEC1,477.40get 0.0000% / 43m35m 47s$63K$303K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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

Funding earned
−$21
Price spread: −0.065% → −0.034%
−$3.12
Slippage, 4 orders
no order book: not counted
Fee MEXC: 0 bp × 2 orders
$0
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$37.92
Costs to cover
0.138%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 4 min ago0.03 bp0.4 bp $00.9 bp −$91.2 bp −$12447.8 bp −$23.9K
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3684%1h1,462−1.107%$36K$275K12xas long as short
Bulk ZEC-USD−0.0166%1h1,477.1−0.087%$892K$9K10xas long as short
BloFin ZEC-USDT−0.0131%8h1,478−0.029%$30.5M$73.8M75xas long as short
Kraken Futures PF_ZECUSD−0.0097%1h1,478.5+0.005%$17.9M$47.2M25xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,478.4+0.003%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,477.7−0.048%$411K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,479+0.040%$1.5M$4.6M2.2xas long as short
Perpl ZECshort0.0000%43m1,477.4−0.065%$63K$303K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478−0.024%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0077%8h1,478−0.025%$298K$1.1M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,478.3−0.008%$163K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,478−0.030%$13K$866K10xas long as short
Nado ZEC-PERP+0.0100%1h1,478.5+0.010%$2.7M$7.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,477.9−0.033%$13.8M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,478.3−0.004%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,478.4−0.002%$688.2M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.8−0.043%$265.1M$632.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,477.8−0.038%$179.1M$1.31B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,475.2−0.216%$403K$508K5xas long as short
Gate ZEC_USDT+0.0100%8h1,478.3−0.008%$54.2M$182.9M75xas long as short
MEXC ZEC_USDTlong+0.0100%8h1,478.4long leg$241.1M$784.1M150x
KuCoin ZECUSDTM+0.0100%8h1,478.5+0.005%$101.2M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,478−0.026%$159.0M$288.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,477.3−0.071%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,478.8+0.024%$2.3M$3.9M15xas long as short
Variational Omni ZEC+0.0100%8h1,477.6−0.052%$48.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.5−0.129%$565K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,478.1−0.020%$3.0M$498K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.9−0.102%$406K$935K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.9−0.100%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,478.2−0.013%$357K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,478.3−0.007%$162K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.338%$450K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,480.9+0.168%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,478.3−0.006%$252K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477.7−0.050%$2.6M$19.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,478.7+0.018%$3.9M$5.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,479.1+0.048%$61K$43K10xas long as short
Aftermath Perps ZECUSD+0.0101%1h1,477.8−0.038%$47K$64K10xas long as short
Extended ZEC-USD+0.0104%1h1,478.3−0.005%$2.7M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,478.1−0.017%$42K$152K20xas long as short
RISEx ZEC/USDC+0.0129%1h1,478.5+0.005%$925K$1.1M10xas long as short
Phoenix ZEC+0.0134%1h1,476.1−0.152%$4.7M$1.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0143% / S −0.0148%1h1,478.1−0.019%$479K100xas long as short
01 Exchange ZECUSD+0.0144%1h1,478.8+0.024%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0209%1h1,478.9+0.037%$675K$1.4M25xas long as short
Arcus ZEC-USD+0.0221%1h1,480.2+0.121%$635K$8.6M10xas long as short
Hyperliquid ZEC+0.0251%1h1,479.5+0.075%$767.8M$442.2M10xas long as short
Lighter RH ZEC+0.0264%1h1,480.1+0.116%$2.1M$7.4M10xas long as short
Lighter ZEC+0.0320%1h1,479.9+0.104%$19.4M$45.8M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0480%1h1,480.3+0.131%$3.6M$9.9M50xas long as short