ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.051%

Price spread now: BloFin against BingX+0.047%81s7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.322% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 3 days (all we have)+0.165%+$16 · spread now +0.047%, 7d avg +0.075%

Together, before fees+0.014%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and BloFin is 0.028% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.075%). Swap the legs. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX ZEC-USDC	1,474.5	0.0100	pay 0.0100% / 8h	6h 47m	—	$6.7M	—
Short	BloFin ZEC-USDT	1,475.2	0.0012	get 0.0012% / 8h	6h 47m	$29.6M	$73.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.047%Rate

Funding earned: −$18.54
Price spread: +0.047% → +0.075%: −$2.81
Slippage, 4 orders: −$10.21
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$53.57
Costs to cover: 0.322%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; BloFin: live order book, 6 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, 5 min ago	0.98 bp	10.0 bp −$10	16.3 bp −$163	38.9 bp −$3,889	83.8 bp −$41.9K
Sell BloFin live order book, 6 min ago	0.07 bp	6.1 bp −$6	6.7 bp −$67	doesn't fit	doesn't fit

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	−0.3678%	1h	1,478.5	+0.272%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,475.7	+0.081%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0068%	1h	1,477.6	+0.210%	$401K	$519K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,475.7	+0.079%	$18.1M	$43.4M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,475.3	+0.052%	$415K	$103K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,476.1	+0.111%	$963K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.1	+0.039%	$84K	$405K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,475.4	+0.061%	$5.2M	—	150x	as long as short
Variational Omni ZEC	+0.0010%	8h	1,477.5	+0.205%	$48.2M	$33.5M	—	as long as short
BloFin ZEC-USDTshort	+0.0012%	8h	1,475.2	+0.047%	$29.6M	$73.3M	75x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_ZEC_USDC	+0.0026%	8h	1,475.1	+0.043%	$295K	$1.1M	20x	as long as short
01 Exchange ZECUSD	+0.0032%	1h	1,475.3	+0.054%	$8K	$9K	5x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0010%	1h	1,475.2	+0.046%	$383K	—	100x	as long as short
Phoenix ZEC	+0.0070%	1h	1,479.5	+0.337%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0077%	8h	1,474.7	+0.009%	$181.0M	$1.29B	50x	as long as short
Gate ZEC_USDT	+0.0085%	8h	1,474.7	+0.016%	$50.2M	$174.0M	75x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,475.2	+0.049%	$172K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,475.2	+0.043%	$14K	$832K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,475.2	+0.048%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,475.6	+0.077%	$2.7M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,475.3	+0.054%	$768.0M	$449.5M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,474.9	+0.029%	$14.9M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,476	+0.102%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,474.6	+0.007%	$683.3M	$2.34B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,474.3	−0.017%	$272.1M	$626.1M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.7	−0.262%	$895K	$17K	10x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,474.8	+0.022%	$218.2M	$792.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,476.1	+0.110%	$104.0M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,474.7	+0.015%	$163.5M	$286.5M	75x	as long as short
BingX ZEC-USDClong	+0.0100%	8h	1,474.5	long leg	—	$6.7M	—
edgeX ZECUSDC	+0.0100%	4h	1,473	−0.105%	$574K	$9.0M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,476.9	+0.162%	$3.0M	$450K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,478.2	+0.249%	$430K	$902K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,476.9	+0.164%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,475	+0.033%	$342K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,475.3	+0.051%	$128K	$158K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.8	−0.048%	$459K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,477.1	+0.172%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,475.5	+0.068%	$243K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,474.4	−0.006%	$2.5M	$19.1M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,476.3	+0.122%	$3.8M	$5.2M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,474.5	+0.001%	$3.2M	$7.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,475	+0.032%	$51K	$164K	20x	as long as short
Lighter RH ZEC	+0.0248%	1h	1,476.2	+0.113%	$2.1M	$7.0M	10x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,476.8	+0.156%	$679K	$8.7M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0280%	1h	1,476.2	+0.113%	$607K	$1.3M	25x	as long as short
Lighter ZEC	+0.0320%	1h	1,475.7	+0.081%	$19.3M	$48.0M	20x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,476.1	+0.106%	$857K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,477.5	+0.202%	$3.7M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0563%	1h	1,476.7	+0.146%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSD	+0.0745%	1h	1,475.5	+0.066%	$44K	$46K	10x	as long as short