After costs, if the gap returns to its 7d average, $10k+$25
spread now+0.079%7d average−0.332%fees + slippage, in and out−$16spread needed0.160%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack ZEC_USDC_PERP | 1,500 | 0.0100 | pay 0.0013% / 1h | 5m 47s | $2.3M | $3.5M | 15x |
| Short | Lighter RH ZEC | 1,501.2 | 0.0096 | get 0.0012% / 1h | 5m 47s | $1.8M | $8.3M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $7.87
- Funding while held
- −$0.12
- Slippage, 4 orders
- −$5.99
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$8.24
- Spread needed to break even
- 0.160%
Slippage from Backpack: live order book, 5 min ago; Lighter RH: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Backpack live order book, 5 min ago | 0.03 bp | 6.8 bp −$7 | 23.1 bp −$231 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.07 bp | 1.1 bp −$1 | 4.8 bp −$48 | doesn't fit | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −1.686% | −0.5000% | 1h | $34K | $72K | 12x | as long as short |
| Bulk ZEC-USD | −0.690% | +0.0080% | 1h | $905K | $67K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.334% | −0.0460% | 1h | $985K | $349K | 50x | as long as short |
| edgeX ZECUSDC | −0.286% | +0.0100% | 4h | $503K | $10.7M | 20x | as long as short |
| Derive ZEC-PERP | −0.229% | +0.0100% | 1h | $496K | $262K | 6.7x | as long as short |
| Ondo Perps ZEC-USD.P | −0.167% | +0.0100% | 1h | $381K | $745K | 5x | as long as short |
| Kalshi KXZECPERP | −0.136% | 0.0000% | 8h | $873K | $6.3M | 2.2x | as long as short |
| Aftermath Perps ZECUSD | −0.085% | +0.0447% | 1h | $38K | $22K | 10x | as long as short |
| BloFin ZEC-USDT | −0.061% | −0.0013% | 8h | $31.6M | $82.3M | 75x | as long as short |
| KuCoin ZECUSDTM | −0.047% | +0.0100% | 8h | $104.7M | $71.4M | 75x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ZECUSDT | −0.045% | −0.0030% | 8h | $288.7M | $780.4M | 75x | as long as short |
| Bitget ZECUSDT | −0.041% | −0.0016% | 8h | $166.9M | $329.0M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.035% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| HTX ZEC-USDT | −0.026% | +0.0100% | 8h | $2.6M | $31.8M | 75x | as long as short |
| SoDEX ZEC-USD | −0.020% | +0.0019% | 1h | $226K | $5.5M | 10x | as long as short |
| Phemex ZECUSDT | −0.018% | +0.0100% | 8h | $4.0M | $6.5M | 50x | as long as short |
| Aevo ZEC-PERP | −0.014% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| OKX ZEC-USDT-SWAP | −0.014% | −0.0003% | 8h | $186.8M | $1.67B | 50x | as long as short |
| Kraken Futures PF_ZECUSD | −0.005% | +0.0172% | 1h | $18.4M | $45.6M | 25x | as long as short |
| Backpack ZEC_USDC_PERPlong | 0.000% | +0.0100% | 1h | $2.3M | $3.5M | 15x | |
| Gate ZEC_USDT | +0.001% | +0.0022% | 8h | $52.4M | $222.9M | 75x | as long as short |
| Extended ZEC-USD | +0.004% | +0.0104% | 1h | $3.4M | $4.7M | 10x | as long as short |
| Binance ZECUSDT | +0.005% | −0.0002% | 8h | $699.8M | $2.90B | 75x | as long as short |
| Variational Omni ZEC | +0.007% | +0.0025% | 8h | $48.9M | $34.5M | — | as long as short |
| MEXC ZEC_USDT | +0.007% | −0.0003% | 8h | $214.0M | $1.01B | 150x | as long as short |
| dYdX ZEC-USD | +0.008% | 0.0000% | 1h | $422K | $116K | 5x | as long as short |
| Bullet ZEC-USD | +0.008% | 0.0000% | 1h | $51K | $116K | 20x | as long as short |
| Perpl ZEC | +0.015% | +0.0447% | 43m | $77K | $439K | 10x | as long as short |
| BingX ZEC-USDT | +0.019% | −0.0002% | 8h | — | $119.4M | — | as long as short |
| Hyperliquid ZEC | +0.033% | +0.0100% | 1h | $803.8M | $677.1M | 10x | as long as short |
| Polymarket Perps ZEC-USD | +0.033% | +0.0100% | 1h | $305K | $3.5M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.033% | −0.0018% | 8h | $269K | $1.8M | 20x | as long as short |
| Aster ZECUSDT | +0.047% | −0.0042% | 8h | $15.4M | $37.9M | 75x | as long as short |
| Paradex ZEC-USD-PERP | +0.049% | +0.0080% | 8h | $62K | $38K | 10x | as long as short |
| Popdex ZECUSDT | +0.051% | +0.0096% | 1h | $165K | $2.3M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.051% | L +0.0135% / S +0.0004% | 1h | $557K | — | 100x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.055% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Katana Perps ZEC-USD | +0.067% | +0.0094% | 8h | $18K | $1.2M | 10x | as long as short |
| Lighter ZEC | +0.076% | +0.0096% | 1h | $20.1M | $61.3M | 20x | as long as short |
| Lighter RH ZECshort | +0.079% | +0.0096% | 1h | $1.8M | $8.3M | 10x | |
| Pacifica ZEC | +0.079% | +0.0100% | 1h | $1.7M | $3.7M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.083% | 0.0000% | 1h | $584K | $1.3M | 25x | as long as short |
| 01 Exchange ZECUSD | +0.090% | −0.0072% | 1h | $9K | $11K | 5x | as long as short |
| RISEx ZEC/USDC | +0.092% | +0.0093% | 1h | $861K | $2.9M | 10x | as long as short |
| Nado ZEC-PERP | +0.112% | +0.0100% | 1h | $3.1M | $8.0M | 10x | as long as short |
| SunX ZEC-USDT | +0.134% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| Arcus ZEC-USD | +0.144% | +0.0100% | 1h | $680K | $6.1M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.152% | +0.0208% | 1h | $3.9M | $13.8M | 50x | as long as short |
| StandX ZEC-USD | +0.157% | +0.0100% | 1h | $68K | $3.1M | 30x | as long as short |
| Phoenix ZEC | +0.159% | +0.0003% | 1h | $4.8M | $1.4M | 10x | as long as short |
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Injective
Bulk
ApeX Omni
Derive
BloFin
KuCoin
Bybit
Bitget
HTX
SoDEX
Phemex
OKX
Kraken Futures
Gate
Extended
Binance
Variational Omni
MEXC
Bullet
BingX
Hyperliquid
Polymarket Perps
Aster
Paradex
Popdex
GMX
gTrade (Gains Network)
Katana Perps
Lighter
Pacifica
Deribit
RISEx
SunX
Coinbase International
StandX
Phoenix