Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.011%

Price spread now: BingX against 01 Exchange−0.034%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. BingX is 0.034% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange ZECUSD	1,470.2	0.0024	pay 0.0003% / 1h	31m 29s	$8K	$8K	5x
Short	BingX ZEC-USDT	1,469.7	0.0100	get 0.0100% / 8h	7h 31m	—	$100.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against 01 Exchange. 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 01 ExchangebpFee BingXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $15.96
Price spread: −0.034% → 0.000%: −$3.4
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$4.44
Costs to cover: 0.170%
Break-even: 8.9 days

Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 8 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 01 Exchange no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	0.10 bp	5.1 bp −$5	6.2 bp −$62	14.6 bp −$1,456	25.5 bp −$12.7K

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	−0.3321%	1h	1,470.2	−0.002%	$34K	$275K	12x	as long as short
Kraken Futures PF_ZECUSD	−0.0343%	1h	1,470.8	+0.040%	$17.9M	$43.0M	25x	as long as short
Ondo Perps ZEC-USD.P	−0.0130%	1h	1,468.5	−0.118%	$399K	$519K	5x	as long as short
BloFin ZEC-USDT	−0.0102%	8h	1,470.4	+0.012%	$29.8M	$73.2M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,469.9	−0.024%	$6K	$2K	10x	as long as short
Bybit ZECUSDT	−0.0062%	8h	1,468.9	−0.089%	$273.9M	$634.7M	75x	as long as short
Variational Omni ZEC	−0.0056%	8h	1,468.2	−0.140%	$47.6M	$34.2M	—	as long as short
dYdX ZEC-USD	0.0000%	1h	1,469.9	−0.022%	$414K	$103K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,472.7	+0.169%	$959K	$5.2M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,469.8	−0.027%	$83K	$405K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,469.6	−0.041%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0015%	8h	1,469.4	−0.054%	$293K	$1.3M	20x	as long as short
01 Exchange ZECUSDlong	+0.0024%	1h	1,470.2	long leg	$8K	$8K	5x
OKX ZEC-USDT-SWAP	+0.0047%	8h	1,469.1	−0.077%	$181.8M	$1.30B	50x	as long as short
Phoenix ZEC	+0.0054%	1h	1,470.8	+0.038%	$4.7M	$1.6M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,469.8	−0.026%	$378K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,469.6	−0.042%	$176K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,469.5	−0.050%	$14K	$832K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,469.6	−0.042%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,469.6	−0.043%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,471	+0.052%	$762.8M	$455.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,469.6	−0.040%	$14.9M	$31.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,470.1	−0.007%	$1.7M	$2.8M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,469.7	−0.036%	$683.8M	$2.38B	75x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,471.3	+0.073%	$698K	$8.5M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,471	+0.051%	$895K	$25K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,469.8	−0.031%	$51.2M	$179.1M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,469.8	−0.030%	$231.2M	$825.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,469.6	−0.041%	$104.9M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,469.8	−0.031%	$163.5M	$293.1M	75x	as long as short
BingX ZEC-USDTshort	+0.0100%	8h	1,469.7	−0.034%	—	$100.3M	—
edgeX ZECUSDC	+0.0100%	4h	1,468.4	−0.123%	$571K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,468.3	−0.131%	$3.0M	$466K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,469.9	−0.024%	$430K	$866K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,470.6	+0.025%	$110K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,469.4	−0.056%	$333K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,469.8	−0.031%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,468.9	−0.088%	$458K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,472	+0.121%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,470.6	+0.022%	$242K	$4.0M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,469	−0.084%	$2.5M	$21.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,471	+0.052%	$3.9M	$5.3M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,469.6	−0.040%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.4	+0.009%	$56K	$167K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0140%	1h	1,471.4	+0.082%	$605K	$1.3M	25x	as long as short
Lighter ZEC	+0.0192%	1h	1,471.9	+0.112%	$19.2M	$50.4M	20x	as long as short
RISEx ZEC/USDC	+0.0228%	1h	1,470.6	+0.024%	$850K	$1.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0448%	1h	1,471.3	+0.070%	$3.8M	$10.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0523%	1h	1,471.1	+0.060%	$2.5M	$3.8M	15x	as long as short
Aftermath Perps ZECUSD	+0.0774%	1h	1,470.9	+0.044%	$44K	$47K	10x	as long as short
Lighter RH ZEC	+0.0800%	1h	1,472.8	+0.175%	$2.0M	$8.1M	10x	as long as short