Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

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 +0.014%

Price spread now: MEXC against Variational Omni+0.091%7-day average +0.037% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.011%−$1 on $10k

Price spread, last 7 days−0.075%−$8 · spread now +0.091%, 7d avg +0.037%

Together, before fees−0.087%+ Points / potential airdropVariational Omni: Active · farm board−$9 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: MEXC is 0.054% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ZEC	1,455.5	0.0100	pay 0.0100% / 8h	3h 24m	$47.7M	$32.8M	—
Short	MEXC ZEC_USDT	1,456.8	0.0100	get 0.0100% / 8h	3h 24m	$218.6M	$770.2M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.091%Rate

Funding earned: $0
Price spread: +0.091% → +0.037%: $5.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: $5.44
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; MEXC: live order book, 5 min ago. 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 Variational Omni RFQ quote, 5 min ago	2.78 bp	doesn't fit	6.9 bp −$69	14.9 bp −$1,487	doesn't fit
Sell MEXC live order book, 5 min ago	0.03 bp	0.0 bp $0	0.0 bp $0	0.5 bp −$52	51.9 bp −$25.9K

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	−0.3042%	1h	1,458	+0.174%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,456.4	+0.066%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,456.5	+0.071%	$29.4M	$70.6M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,456.3	+0.059%	$410K	$36K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,456.7	+0.087%	$83K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,456.3	+0.055%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,455.9	+0.028%	$291K	$944K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0084% / S −0.0035%	1h	1,456.1	+0.046%	$434K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,456.2	+0.054%	$174K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,456.4	+0.064%	$14K	$820K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ZEC-USD-PERP	+0.0100%	8h	1,456.8	+0.093%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,456.9	+0.101%	$2.8M	$6.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,456.2	+0.053%	$14.5M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,457.1	+0.111%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,456.3	+0.059%	$670.2M	$2.19B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,455.8	+0.022%	$260.8M	$599.1M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,456.1	+0.045%	$178.8M	$1.21B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,455.7	+0.017%	$395K	$434K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,453.9	−0.109%	$878K	$18K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,456.4	+0.067%	$51.4M	$171.7M	75x	as long as short
MEXC ZEC_USDTshort	+0.0100%	8h	1,456.8	+0.091%	$218.6M	$770.2M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,456.1	+0.044%	$102.8M	$53.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,456.6	+0.078%	$165.7M	$269.6M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,456.5	+0.074%	—	$106.9M	—	as long as short
Variational Omni ZEClong	+0.0100%	8h	1,455.5	long leg	$47.7M	$32.8M	—
edgeX ZECUSDC	+0.0100%	4h	1,456.2	+0.049%	$567K	$8.5M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.5	+0.072%	$3.0M	$463K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,456.4	+0.067%	$402K	$943K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.6	+0.076%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,456.4	+0.065%	$354K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,456.2	+0.052%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,454.9	−0.039%	$444K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,458.9	+0.238%	$4K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,456.2	+0.053%	$233K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,455.7	+0.016%	$2.7M	$18.4M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,456.5	+0.068%	$3.8M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,456.6	+0.076%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,455.9	+0.033%	$47K	$151K	20x	as long as short
Lighter RH ZEC	+0.0112%	1h	1,457.7	+0.151%	$2.1M	$7.0M	10x	as long as short
Phoenix ZEC	+0.0116%	1h	1,457.6	+0.144%	$4.6M	$1.3M	10x	as long as short
01 Exchange ZECUSD	+0.0128%	1h	1,456.8	+0.092%	$8K	$7K	5x	as long as short
Lighter ZEC	+0.0144%	1h	1,458	+0.175%	$19.2M	$45.1M	20x	as long as short
Hyperliquid ZEC	+0.0144%	1h	1,457.6	+0.147%	$758.9M	$424.2M	10x	as long as short
Kalshi KXZECPERP	+0.0162%	8h	1,457.1	+0.114%	$1.5M	$4.4M	2.2x	as long as short
Backpack ZEC_USDC_PERP	+0.0182%	1h	1,456.9	+0.101%	$2.4M	$3.8M	15x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,456.5	+0.068%	$921K	$1.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0251%	1h	1,456.7	+0.083%	$613K	$1.3M	25x	as long as short
Kraken Futures PF_ZECUSD	+0.0333%	1h	1,456.2	+0.050%	$18.0M	$45.3M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,458.3	+0.194%	$697K	$8.2M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,458.9	+0.237%	$3.8M	$9.2M	50x	as long as short
Aftermath Perps ZECUSD	+0.0674%	1h	1,456.5	+0.075%	$45K	$49K	10x	as long as short