Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: Bitget against BingX−0.007%7-day average +0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.007%, 7d avg +0.081%

Together, before fees−0.003%$0 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: Bitget is 0.087% cheaper against BingX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEC-USDC	1,508.3	0.0100	pay 0.0100% / 8h	7h 14m	—	$6.7M	—
Short	Bitget ZECUSDT	1,508.2	0.0100	get 0.0100% / 8h	7h 14m	$163.6M	$291.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → +0.081%: −$8.75
Slippage, 4 orders: −$10.42
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$41.17
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 4 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 BingX live order book, 7 min ago	0.53 bp	9.0 bp −$9	14.5 bp −$145	40.2 bp −$4,023	82.9 bp −$41.4K
Sell Bitget live order book, 4 min ago	0.03 bp	6.7 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit

ZEC on 50 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	−0.3702%	1h	1,488.8	−1.290%	$36K	$275K	12x	as long as short
Perpl ZEC	−0.0447%	43m	1,508.4	+0.006%	$62K	$308K	10x	as long as short
Aftermath Perps ZECUSD	−0.0245%	1h	1,507	−0.083%	$48K	$58K	10x	as long as short
BloFin ZEC-USDT	−0.0166%	8h	1,509.1	+0.052%	$31.7M	$76.0M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,507.4	−0.057%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,509.6	+0.090%	$416K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,510.7	+0.160%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,509.5	+0.079%	$5.4M	—	150x	as long as short
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,509.3	+0.068%	$18.4M	$47.5M	25x	as long as short
01 Exchange ZECUSD	+0.0024%	1h	1,509.9	+0.109%	$8K	$6K	5x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix ZEC	+0.0082%	1h	1,506.9	−0.094%	$4.8M	$1.4M	10x	as long as short
Gate ZEC_USDT	+0.0082%	8h	1,508.9	+0.044%	$61.0M	$188.0M	75x	as long as short
Orderly PERP_ZEC_USDC	+0.0083%	8h	1,509	+0.048%	$305K	$859K	20x	as long as short
Lighter ZEC	+0.0096%	1h	1,510.2	+0.125%	$19.7M	$45.6M	20x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,510.6	+0.152%	$2.1M	$7.6M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,509.8	+0.098%	$178K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,509.4	+0.072%	$62K	$16K	10x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,509.8	+0.101%	$16K	$877K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,509.7	+0.096%	$3.1M	$7.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,509.9	+0.107%	$792.9M	$447.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,508.4	+0.010%	$14.2M	$29.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,509.4	+0.075%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,508.8	+0.035%	$712.7M	$2.29B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,508.1	−0.015%	$274.1M	$611.7M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,507.9	−0.024%	$186.1M	$1.36B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,503	−0.350%	$409K	$545K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,510.3	+0.135%	$595K	$8.8M	10x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,508.1	−0.012%	$776K	$147K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,509.2	+0.062%	$407.5M	$843.1M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,508.9	+0.043%	$103.2M	$56.0M	75x	as long as short
Bitget ZECUSDTshort	+0.0100%	8h	1,508.2	−0.007%	$163.6M	$291.3M	75x
BingX ZEC-USDClong	+0.0100%	8h	1,508.3	long leg	—	$6.7M	—
Variational Omni ZEC	+0.0100%	8h	1,506.2	−0.138%	$49.8M	$35.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,505.7	−0.171%	$550K	$9.2M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,506.7	−0.108%	$3.1M	$549K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,506	−0.152%	$414K	$953K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,505.3	−0.195%	$50K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,509.6	+0.088%	$375K	$1.6M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,509.5	+0.082%	$169K	$191K	20x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,511.9	+0.239%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,509.2	+0.059%	$255K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,509.6	+0.089%	$2.7M	$20.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,509.9	+0.104%	$4.0M	$4.8M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,509.1	+0.057%	$2.8M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,509.1	+0.056%	$43K	$158K	20x	as long as short
Backpack ZEC_USDC_PERP	+0.0148%	1h	1,509.5	+0.083%	$2.4M	$3.7M	15x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,509.6	+0.091%	$969K	$1.1M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0164% / S −0.0171%	1h	1,509	+0.046%	$335K	—	100x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,512.3	+0.266%	$3.8M	$9.9M	50x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0402%	1h	1,510.3	+0.132%	$691K	$1.3M	25x	as long as short