Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: Bulk against Binance−0.261%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 3 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.261%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.242% cheaper against Binance than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ZECUSDT | 1,474.6 | 0.0100 | pay 0.0100% / 8h | 7h 56m | $685.0M | $2.45B | 75x |
| Short | Bulk ZEC-USD | 1,470.8 | 0.0100 | get 0.0013% / 1h | 56m 12s | $895K | $33K | 10x |
Binance ZECUSDT
Bulk ZEC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.261% → −0.019%
- −$24.23
- Slippage, 4 orders
- −$0.14
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$41.37
- Costs to cover
- 0.171%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bulk: live order book, 18 min ago.
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 Binance live order book, 3 min ago | 0.03 bp | 5.0 bp −$5 | 7.4 bp −$74 | 15.6 bp −$1,564 | doesn't fit |
| Sell Bulk live order book, 18 min ago | 0.03 bp | 3.5 bp −$4 | 3.6 bp −$36 | 6.1 bp −$607 | 14.1 bp −$7,026 |
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 | 1,473.2 | −0.095% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0342% | 1h | 1,474.7 | +0.006% | $17.9M | $43.6M | 25x | as long as short |
| BloFin ZEC-USDT | −0.0101% | 8h | 1,473.3 | −0.089% | $29.7M | $74.7M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0094% | 1h | 1,472.2 | −0.163% | $399K | $516K | 5x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,473.8 | −0.052% | $6K | $2K | 10x | as long as short |
| Variational Omni ZEC | −0.0060% | 8h | 1,472.4 | −0.150% | $47.7M | $34.4M | — | as long as short |
| Bybit ZECUSDT | −0.0034% | 8h | 1,474 | −0.044% | $275.2M | $648.2M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,472.9 | −0.115% | $415K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,474.4 | −0.016% | $960K | $5.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,473.2 | −0.093% | $84K | $405K | 10x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
BloFin ZEC-USDT
Ondo Perps ZEC-USD.P
Hotstuff ZEC-PERP
Variational Omni ZEC
Bybit ZECUSDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZECShow 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 | 1,473.9 | −0.045% | $5.2M | — | 150x | as long as short |
| Phemex ZECUSDT | +0.0007% | 8h | 1,474.6 | −0.003% | $3.9M | $5.4M | 50x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0015% | 8h | 1,474.1 | −0.033% | $294K | $1.4M | 20x | as long as short |
| Phoenix ZEC | +0.0024% | 1h | 1,470.8 | −0.260% | $4.7M | $1.6M | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0028% | 1h | 1,470.5 | −0.279% | $431K | $845K | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0032% | 1h | 1,474.3 | −0.018% | $8K | $8K | 5x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0040% | 8h | 1,474.3 | −0.022% | $182.2M | $1.34B | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0055% / S −0.0010% | 1h | 1,473.6 | −0.065% | $372K | — | 100x | as long as short |
| Gate ZEC_USDT | +0.0079% | 8h | 1,473.7 | −0.058% | $51.3M | $177.5M | 75x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,473.7 | −0.060% | $175K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,474.6 | +0.003% | $12K | $851K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,473.9 | −0.047% | $61K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,474.5 | −0.008% | $2.6M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,474.9 | +0.020% | $764.7M | $473.5M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,474 | −0.041% | $15.0M | $32.4M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,473.7 | −0.060% | $1.7M | $2.9M | 10x | as long as short |
| Binance ZECUSDTlong | +0.0100% | 8h | 1,474.6 | long leg | $685.0M | $2.45B | 75x | |
| Arcus ZEC-USD | +0.0100% | 1h | 1,474.7 | +0.009% | $696K | $8.5M | 10x | as long as short |
| Bulk ZEC-USDshort | +0.0100% | 1h | 1,470.8 | −0.261% | $895K | $33K | 10x | |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,473.6 | −0.071% | $229.0M | $819.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,473.6 | −0.071% | $104.8M | $56.3M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,474.4 | −0.012% | $164.1M | $300.5M | 75x | as long as short |
| BingX ZEC-USDT | +0.0100% | 8h | 1,473.4 | −0.083% | — | $101.9M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,470 | −0.309% | $549K | $9.1M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,470.6 | −0.270% | $3.0M | $454K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,473 | −0.111% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,473.4 | −0.081% | $334K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,473.5 | −0.077% | $128K | $159K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,472.5 | −0.145% | $459K | $509K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,475.8 | +0.081% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,474.5 | −0.007% | $243K | $4.4M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,473.6 | −0.065% | $2.5M | $22.5M | 75x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,474.8 | +0.012% | $3.2M | $7.0M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,473.4 | −0.082% | $29K | $203K | 20x | as long as short |
| Lighter ZEC | +0.0120% | 1h | 1,476 | +0.097% | $19.2M | $50.2M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0192% | 1h | 1,475.5 | +0.059% | $615K | $1.3M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0228% | 1h | 1,474.4 | −0.013% | $841K | $1.2M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0448% | 1h | 1,476.2 | +0.111% | $3.8M | $10.6M | 50x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0579% | 1h | 1,474.3 | −0.018% | $2.5M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0616% | 1h | 1,476.8 | +0.147% | $2.0M | $7.9M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0779% | 1h | 1,473.5 | −0.077% | $46K | $46K | 10x | as long as short |
gTrade (Gains Network) ZEC/USD
Phemex ZECUSDT
Orderly PERP_ZEC_USDC
Phoenix ZEC
ApeX Omni ZECUSDT
01 Exchange ZECUSD
OKX ZEC-USDT-SWAP
GMX ZEC/USD [WBTC.b-USDC]
Gate ZEC_USDT
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Arcus ZEC-USD
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
Lighter ZEC
Deribit ZEC_USDC-PERPETUAL
RISEx ZEC/USDC
Coinbase International ZEC-PERP-INTX
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Aftermath Perps ZECUSD