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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
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: BingX against SunX−0.269%7-day average −0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1371.367% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.303%−$30 on $10k
Price spread, last 4 days (all we have)−0.824%−$82 · spread now −0.269%, 7d avg −0.166%
Together, before fees−1.128%−$113 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.103% cheaper against SunX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.166%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ZEC-USDT1,460.20.0100pay 0.0100% / 8h5h 11m$3K$1.2M20x
ShortBingX ZEC-USDC1,456.30.0100get 0.0100% / 8h5h 11m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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: −0.269% → −0.166%
−$10.35
Slippage, 4 orders
−$118.67
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$147.02
Costs to cover
1.367%
Break-even
never at this rate
Slippage from SunX: live order book, 2 min ago; BingX: live order book, 6 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 SunX live order book, 2 min ago29.02 bp50.4 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 6 min ago0.69 bp7.1 bp −$712.9 bp −$12927.6 bp −$2,75777.8 bp −$38.9K

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%1h1,456.6−0.252%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0084%8h1,455.7−0.313%$29.4M$70.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5−0.190%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,456.9−0.226%$410K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,456.8−0.236%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,456−0.289%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3−0.204%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0051%8h1,457.3−0.203%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457−0.222%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,458.4−0.126%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.3−0.203%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457−0.218%$13K$867K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3−0.199%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457−0.224%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.3−0.132%$757.8M$434.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.5−0.189%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,457.5−0.185%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.3−0.202%$668.1M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457−0.221%$264.5M$605.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.3−0.201%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.338%$396K$437K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.190%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.3−0.201%$50.1M$175.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.2−0.205%$213.6M$780.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.5−0.184%$102.1M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.4−0.191%$162.0M$273.3M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,456.3−0.269%$6.7M
Variational Omni ZEC+0.0100%8h1,462.2+0.137%$47.8M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,456.7−0.243%$567K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.248%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.2−0.277%$410K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.1−0.284%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.2−0.276%$369K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.1−0.216%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.3−0.267%$445K$521K6.7xas long as short
SunX ZEC-USDTlong+0.0100%8h1,460.2long leg$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,457.1−0.218%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455−0.358%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.3−0.201%$3.8M$5.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0101%1h1,458.2−0.138%$2.4M$3.8M15xas long as short
Extended ZEC-USD+0.0104%1h1,456.9−0.227%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456.9−0.230%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0144%1h1,457.6−0.181%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,457−0.219%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0248%1h1,458.9−0.092%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.6−0.114%$714K$8.5M10xas long as short
Lighter RH ZEC+0.0368%1h1,459.1−0.077%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.8−0.167%$834K$1.0M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0414%1h1,458.1−0.143%$613K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,457.5−0.185%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0691%1h1,458.4−0.127%$45K$49K10xas long as short