Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%
Price spread now: Bybit against BingX+0.001%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.180%+$18 on $10k
Price spread, last 7 days+0.042%+$4 · spread now +0.001%, 7d avg +0.082%
Together, before fees+0.222%+$22 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: Bybit is 0.081% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDC1,472.70.0100pay 0.0100% / 8h6h 23m$6.7M
ShortBybit ZECUSDT1,472.70.0100get 0.0100% / 8h6h 23m$271.5M$617.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.001% → +0.082%
−$8.09
Slippage, 4 orders
−$10.06
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$39.15
Costs to cover
0.311%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 9 min ago1.15 bp10.3 bp −$1015.1 bp −$15140.4 bp −$4,037112.7 bp −$56.3K
Sell Bybit live order book, 5 min ago0.03 bp5.5 bp −$66.4 bp −$6418.2 bp −$1,819doesn't fit

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3678%1h1,459.3−0.907%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.4+0.050%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0029%1h1,474.1+0.098%$400K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.8+0.011%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.040%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.2+0.103%$974K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,473+0.022%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.6−0.003%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,472.7+0.003%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.120%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,472.6−0.004%$385K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,473.5+0.057%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.235%$4.7M$1.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0075%1h1,473.2+0.035%$613K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,473+0.021%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,473+0.021%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.7+0.001%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.5+0.058%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.9+0.083%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.2+0.105%$767.4M$442.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.9+0.014%$14.8M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,473.4+0.051%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,473+0.023%$680.8M$2.32B75xas long as short
Bybit ZECUSDTshort+0.0100%8h1,472.7+0.001%$271.5M$617.5M75x
Bulk ZEC-USD+0.0100%1h1,476.6+0.267%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.7+0.005%$50.3M$175.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.1+0.030%$215.9M$800.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.6−0.004%$103.4M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473+0.023%$163.7M$283.4M75xas long as short
BingX ZEC-USDClong+0.0100%8h1,472.7long leg$6.7M
edgeX ZECUSDC+0.0100%4h1,475.3+0.182%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475+0.163%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474+0.094%$429K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.2+0.034%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.6−0.003%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.6−0.006%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.101%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.162%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.8+0.007%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.9+0.017%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.3+0.043%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.6−0.004%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.8+0.010%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,474.6+0.132%$688K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,474.5+0.123%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0280%1h1,474.7+0.137%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,473.8+0.075%$865K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,474.1+0.098%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,473.4+0.050%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0735%1h1,474.4+0.120%$44K$46K10xas long as short