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

ZEC

all ZEC markets
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Alert: funding
Measured
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
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Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Phemex against MEXC+0.030%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.315% of the position
Long on MEXCShort on Phemex
What this pair did over the last
the charts below follow
Funding, last 7 days+0.094%+$9 on $10k
Price spread, last 4 days (all we have)+1.381%+$138 · spread now +0.030%, 7d avg +0.032%
Together, before fees+1.475%+$147 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEC_USDT1,450.10.0100pay 0.0100% / 8h5h 03m$221.1M$782.9M150x
ShortPhemex ZECUSDT1,450.50.0100get 0.0100% / 8h5h 03m$3.8M$5.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.030% → +0.032%
−$0.26
Slippage, 4 orders
−$19.47
Fee MEXC: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$31.72
Costs to cover
0.315%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Phemex: live order book, 5 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 MEXC live order book, 5 min ago0.03 bp0.0 bp $00.5 bp −$543.5 bp −$4,35175.3 bp −$37.6K
Sell Phemex live order book, 5 min ago2.55 bp19.8 bp −$20doesn't fitdoesn't fitdoesn't fit

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−0.3244%1h1,435.8−0.988%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.1+0.139%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,451.3+0.082%$29.3M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.3+0.083%$409K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3+0.156%$1.5M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,451.7+0.110%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.5+0.030%$5.1M—150xas long as short
Orderly PERP_ZEC_USDC+0.0054%8h1,450.3+0.014%$290K$963K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0062% / S −0.0012%1h1,450.2+0.011%$407K—100xas long as short
Phoenix ZEC+0.0074%1h1,450.6+0.034%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,450.7+0.039%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,451.4+0.092%$11K$876K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,452+0.134%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,450.9+0.057%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.6+0.105%$754.8M$434.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,450.3+0.018%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,452.4+0.162%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,450.6+0.037%$664.2M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,449.7−0.028%$262.1M$606.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,450.2+0.005%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449−0.074%$395K$435K5xas long as short
Bulk ZEC-USD+0.0100%1h1,450−0.006%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,450.4+0.023%$49.8M$176.1M75xas long as short
MEXC ZEC_USDTlong+0.0100%8h1,450.1long leg$221.1M$782.9M150x
KuCoin ZECUSDTM+0.0100%8h1,450.2+0.007%$102.0M$55.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,450.3+0.016%$161.6M$272.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,450.5+0.026%—$96.8M—as long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451+0.063%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,449.4−0.047%$47.3M$32.8M—as long as short
edgeX ZECUSDC+0.0100%4h1,452+0.135%$565K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453.8+0.259%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,453.1+0.205%$409K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.4+0.091%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451+0.063%$367K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,450.8+0.048%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.5−0.041%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,453.2+0.217%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,450.5+0.026%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.3+0.086%$2.7M$18.1M75xas long as short
Phemex ZECUSDTshort+0.0100%8h1,450.5+0.030%$3.8M$5.1M50x
Extended ZEC-USD+0.0104%1h1,449.9−0.009%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,450.3+0.012%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0136%1h1,451.8+0.117%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,450.2+0.010%$17.9M$44.6M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0230%1h1,451.1+0.070%$609K$1.3M25xas long as short
Lighter ZEC+0.0232%1h1,452+0.131%$19.0M$46.8M20xas long as short
Arcus ZEC-USD+0.0277%1h1,453.5+0.239%$723K$8.4M10xas long as short
Lighter RH ZEC+0.0360%1h1,452.1+0.141%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,452.2+0.144%$830K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,452.1+0.141%$3.7M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,453.4+0.230%$44K$49K10xas long as short