Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.016%

Price spread now: 01 Exchange against MEXC+0.037%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.037% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEC_USDT	1,455.4	0.0100	pay 0.0100% / 8h	5h 27m	$213.7M	$776.7M	150x
Short	01 Exchange ZECUSD	1,455.9	0.0136	get 0.0017% / 1h	27m 27s	$8K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.037%Rate

Funding earned: $7.56
Price spread: +0.037% → 0.000%: $3.71
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $4.27
Costs to cover: 0.070%
Break-even: 3.0 days

Slippage unknown: MEXC: live order book, 2 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 2 min ago	0.17 bp	0.2 bp $0	0.7 bp −$7	40.2 bp −$4,016	80.1 bp −$40.0K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3244%	1h	1,455.5	+0.008%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0082%	8h	1,456.6	+0.086%	$29.1M	$71.0M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,457.1	+0.115%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,455.8	+0.028%	$410K	$43K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,457.6	+0.150%	$1.5M	$5.1M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,455.2	−0.016%	$83K	$243K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,454.9	−0.034%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0044%	8h	1,456	+0.038%	$291K	$979K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,456.6	+0.085%	$409K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,459.6	+0.287%	$4.6M	$1.4M	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni ZECUSDT	+0.0094%	1h	1,456.7	+0.089%	$410K	$911K	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,455.3	−0.005%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,456.2	+0.056%	$23K	$869K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,455.6	+0.017%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,455.4	+0.002%	$2.6M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,456.6	+0.083%	$762.3M	$438.9M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,455.5	+0.005%	$14.4M	$28.3M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,456	+0.041%	$1.7M	$2.6M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,455.1	−0.020%	$666.5M	$2.26B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,454.7	−0.050%	$265.8M	$611.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,455.3	−0.009%	$178.5M	$1.24B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,457.5	+0.145%	$396K	$431K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,451.2	−0.286%	$879K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,455.7	+0.019%	$49.5M	$173.8M	75x	as long as short
MEXC ZEC_USDTlong	+0.0100%	8h	1,455.4	long leg	$213.7M	$776.7M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,455.1	−0.021%	$101.9M	$56.2M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,455.4	0.000%	$161.7M	$278.0M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,455.2	−0.011%	—	$97.5M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,457.2	+0.121%	$2.4M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,454.2	−0.080%	$47.0M	$32.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,457	+0.112%	$567K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.5	+0.075%	$3.0M	$432K	10x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,457.2	+0.124%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,454.8	−0.041%	$331K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,455.2	−0.013%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,454.9	−0.032%	$444K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,459	+0.247%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,456.4	+0.071%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,456	+0.040%	$2.6M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,456.9	+0.102%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,454.9	−0.030%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,456.2	+0.053%	$47K	$153K	20x	as long as short
01 Exchange ZECUSDshort	+0.0136%	1h	1,455.9	+0.037%	$8K	$7K	5x
Lighter ZEC	+0.0192%	1h	1,457.5	+0.146%	$19.0M	$46.5M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,456.3	+0.060%	$18.0M	$44.6M	25x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,457.5	+0.144%	$709K	$8.5M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0303%	1h	1,456.9	+0.101%	$613K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0344%	1h	1,457.2	+0.127%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,455.8	+0.028%	$831K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,458	+0.177%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0693%	1h	1,455.9	+0.036%	$45K	$49K	10x	as long as short