Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Phemex against BingX+0.139%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.139% dearer against BingX than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDC | 1,491.9 | 0.0100 | pay 0.0100% / 8h | 1h 54m | — | $6.7M | — |
| Short | Phemex ZECUSDT | 1,494 | 0.0100 | get 0.0100% / 8h | 1h 54m | $4.0M | $5.0M | 50x |
BingX ZEC-USDC
Phemex ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: +0.139% → 0.000%
- $13.94
- Slippage, 4 orders
- −$22.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$30.82
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from BingX: live order book, 12 min ago; Phemex: 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, 12 min ago | 0.77 bp | 7.4 bp −$7 | 15.2 bp −$152 | 41.7 bp −$4,171 | 85.8 bp −$42.9K |
| Sell Phemex live order book, 4 min ago | 4.70 bp | 17.5 bp −$17 | 29.9 bp −$299 | 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 | −0.3684% | 1h | 1,491.6 | −0.021% | $34K | $273K | 12x | as long as short |
| BloFin ZEC-USDT | −0.0122% | 8h | 1,494 | +0.143% | $30.7M | $74.1M | 75x | as long as short |
| ApeX Omni ZECUSDT | −0.0117% | 1h | 1,492.3 | +0.024% | $413K | $931K | 50x | as long as short |
| Bulk ZEC-USD | −0.0102% | 1h | 1,494.5 | +0.176% | $903K | $15K | 10x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0096% | 1h | 1,493.4 | +0.101% | $18.1M | $46.3M | 25x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,490.4 | −0.103% | $6K | $1K | 10x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,493.8 | +0.126% | $415K | $35K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,495.7 | +0.253% | $1.6M | $4.6M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,492.7 | +0.050% | $61K | $289K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,493.8 | +0.125% | $5.3M | — | 150x | as long as short |
Injective ZEC/USDC PERP
BloFin ZEC-USDT
ApeX Omni ZECUSDT
Bulk ZEC-USD
Kraken Futures PF_ZECUSD
Hotstuff ZEC-PERP
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ZEC_USDC | +0.0071% | 8h | 1,493.5 | +0.109% | $300K | $1.1M | 20x | as long as short |
| Phoenix ZEC | +0.0092% | 1h | 1,493.6 | +0.115% | $4.8M | $1.4M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,493.9 | +0.135% | $157K | $1.7M | 50x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,493.9 | +0.135% | $2.8M | $6.6M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.076% | $14.2M | $29.5M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,494.8 | +0.193% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,490.8 | −0.073% | $694.3M | $2.29B | 75x | as long as short |
| Bybit ZECUSDT | +0.0100% | 8h | 1,490.5 | −0.096% | $269.9M | $625.4M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,490.5 | −0.094% | $180.9M | $1.31B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,488.1 | −0.255% | $405K | $478K | 5x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,490.7 | −0.082% | $54.4M | $178.5M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,491.1 | −0.057% | $233.5M | $771.0M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,493.3 | +0.093% | $102.6M | $56.4M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,491.6 | −0.018% | $160.8M | $286.6M | 75x | as long as short |
| BingX ZEC-USDClong | +0.0100% | 8h | 1,491.9 | long leg | — | $6.7M | — | |
| Variational Omni ZEC | +0.0100% | 8h | 1,493.6 | +0.114% | $48.8M | $33.6M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,489.7 | −0.146% | $569K | $8.8M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,494.5 | +0.173% | $3.1M | $477K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,493.8 | +0.127% | $57K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,493.2 | +0.087% | $361K | $1.7M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,493.9 | +0.136% | $165K | $185K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,492.6 | +0.049% | $456K | $500K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,495.5 | +0.238% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,493.6 | +0.115% | $254K | $3.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,493.3 | +0.092% | $2.6M | $19.6M | 75x | as long as short |
| Phemex ZECUSDTshort | +0.0100% | 8h | 1,494 | +0.139% | $4.0M | $5.0M | 50x | |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,494.8 | +0.192% | $62K | $43K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,493.3 | +0.094% | $12K | $861K | 10x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,491.3 | −0.041% | $2.8M | $7.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,493.6 | +0.111% | $45K | $149K | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0105% / S −0.0080% | 1h | 1,493.5 | +0.104% | $374K | — | 100x | as long as short |
| 01 Exchange ZECUSD | +0.0120% | 1h | 1,494.2 | +0.155% | $8K | $7K | 5x | as long as short |
| RISEx ZEC/USDC | +0.0129% | 1h | 1,494.1 | +0.146% | $934K | $1.2M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0152% | 1h | 1,493.8 | +0.130% | $2.3M | $3.9M | 15x | as long as short |
| Hyperliquid ZEC | +0.0179% | 1h | 1,494.5 | +0.174% | $778.6M | $440.2M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0183% | 1h | 1,494.4 | +0.168% | $711K | $1.4M | 25x | as long as short |
| Arcus ZEC-USD | +0.0221% | 1h | 1,495.6 | +0.247% | $601K | $8.6M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0288% | 1h | 1,493.4 | +0.104% | $49K | $63K | 10x | as long as short |
| Lighter ZEC | +0.0312% | 1h | 1,495.2 | +0.220% | $19.6M | $45.3M | 20x | as long as short |
| Lighter RH ZEC | +0.0336% | 1h | 1,494.9 | +0.200% | $2.1M | $7.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0480% | 1h | 1,495.2 | +0.220% | $3.6M | $9.9M | 50x | as long as short |
Orderly PERP_ZEC_USDC
Phoenix ZEC
Popdex ZECUSDT
Nado ZEC-PERP
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
Bybit ZECUSDT
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
Variational Omni ZEC
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
Paradex ZEC-USD-PERP
Katana Perps ZEC-USD
Extended ZEC-USD
Aevo ZEC-PERP
GMX ZEC/USD [WBTC.b-USDC]
01 Exchange ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Hyperliquid ZEC
Deribit ZEC_USDC-PERPETUAL
Arcus ZEC-USD
Aftermath Perps ZECUSD
Lighter ZEC
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX