After costs, if the gap returns to its 7d average, $10k−$65
spread now−0.382%7d average—fees + slippage, in and out−$27spread needed0.272%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ZEC-USDT | 1,496.6 | −0.0002 | get 0.0002% / 8h | 11m 10s | — | $119.1M | — |
| Short | Phoenix ZEC | 1,490.9 | 0.0003 | get 0.0000% / 1h | 11m 10s | $4.7M | $1.4M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$38.15
- Funding while held
- $0.15
- Slippage, 4 orders
- −$10.24
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$65.24
- Spread needed to break even
- 0.272%
Slippage from BingX: live order book, 4 min ago; Phoenix: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0005%
- Per $10,000 a day
- +$0.15
- Average in range /8h
- —
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, 4 min ago | 0.10 bp | 7.4 bp −$7 | 8.8 bp −$88 | 14.1 bp −$1,412 | 25.5 bp −$12.7K |
| Sell Phoenix live order book, 4 min ago | 2.27 bp | 7.4 bp −$7 | 18.2 bp −$182 | 61.8 bp −$6,175 | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −1.462% | −0.5000% | 1h | $34K | $72K | 12x | as long as short |
| Variational Omni ZEC | −0.537% | +0.0044% | 8h | $48.4M | $34.3M | — | as long as short |
| Bulk ZEC-USD | −0.463% | +0.0080% | 1h | $905K | $67K | 10x | as long as short |
| Phoenix ZECshort | −0.382% | +0.0003% | 1h | $4.7M | $1.4M | 10x | |
| ApeX Omni ZECUSDT | −0.299% | −0.0478% | 1h | $983K | $350K | 50x | as long as short |
| Hotstuff ZEC-PERP | −0.232% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| edgeX ZECUSDC | −0.228% | +0.0100% | 4h | $502K | $10.7M | 20x | as long as short |
| StandX ZEC-USD | −0.208% | +0.0100% | 1h | $67K | $3.1M | 30x | as long as short |
| Ondo Perps ZEC-USD.P | −0.180% | +0.0100% | 1h | $312K | $674K | 5x | as long as short |
| Paradex ZEC-USD-PERP | −0.107% | +0.0078% | 8h | $61K | $38K | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aftermath Perps ZECUSD | −0.076% | +0.0440% | 1h | $37K | $22K | 10x | as long as short |
| Pacifica ZEC | −0.058% | +0.0100% | 1h | $1.7M | $3.7M | 10x | as long as short |
| Bitget ZECUSDT | −0.040% | −0.0016% | 8h | $166.8M | $329.3M | 75x | as long as short |
| Kalshi KXZECPERP | −0.036% | 0.0000% | 8h | $869K | $6.3M | 2.2x | as long as short |
| OKX ZEC-USDT-SWAP | −0.029% | −0.0001% | 8h | $186.6M | $1.67B | 50x | as long as short |
| MEXC ZEC_USDT | −0.029% | −0.0005% | 8h | $215.9M | $1.01B | 150x | as long as short |
| KuCoin ZECUSDTM | −0.027% | +0.0100% | 8h | $104.5M | $71.4M | 75x | as long as short |
| Derive ZEC-PERP | −0.022% | +0.0100% | 1h | $496K | $250K | 6.7x | as long as short |
| Gate ZEC_USDT | −0.022% | +0.0026% | 8h | $52.3M | $221.9M | 75x | as long as short |
| Bybit ZECUSDT | −0.021% | −0.0018% | 8h | $289.0M | $779.9M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.016% | +0.0173% | 1h | $18.3M | $45.5M | 25x | as long as short |
| Binance ZECUSDT | −0.015% | −0.0006% | 8h | $697.4M | $2.90B | 75x | as long as short |
| SoDEX ZEC-USD | −0.013% | +0.0030% | 1h | $226K | $5.6M | 10x | as long as short |
| dYdX ZEC-USD | −0.011% | 0.0000% | 1h | $420K | $116K | 5x | as long as short |
| Polymarket Perps ZEC-USD | −0.007% | +0.0100% | 1h | $305K | $3.5M | 10x | as long as short |
| Phemex ZECUSDT | −0.007% | +0.0100% | 8h | $3.9M | $6.4M | 50x | as long as short |
| Nado ZEC-PERP | −0.004% | +0.0100% | 1h | $3.1M | $8.0M | 10x | as long as short |
| HTX ZEC-USDT | −0.003% | +0.0100% | 8h | $2.6M | $31.7M | 75x | as long as short |
| BingX ZEC-USDTlong | 0.000% | −0.0002% | 8h | — | $119.1M | — | |
| BloFin ZEC-USDT | +0.003% | −0.0022% | 8h | $31.7M | $82.1M | 75x | as long as short |
| Backpack ZEC_USDC_PERP | +0.009% | +0.0100% | 1h | $2.3M | $3.5M | 15x | as long as short |
| RISEx ZEC/USDC | +0.019% | +0.0093% | 1h | $857K | $2.9M | 10x | as long as short |
| Popdex ZECUSDT | +0.019% | +0.0096% | 1h | $158K | $2.3M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.021% | +0.0094% | 8h | $20K | $1.2M | 10x | as long as short |
| Perpl ZEC | +0.023% | +0.0447% | 43m | $77K | $439K | 10x | as long as short |
| 01 Exchange ZECUSD | +0.035% | −0.0072% | 1h | $9K | $14K | 5x | as long as short |
| Aevo ZEC-PERP | +0.037% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| Bullet ZEC-USD | +0.043% | −0.0007% | 1h | $51K | $116K | 20x | as long as short |
| Hyperliquid ZEC | +0.047% | +0.0100% | 1h | $803.0M | $683.9M | 10x | as long as short |
| Aster ZECUSDT | +0.047% | −0.0049% | 8h | $15.4M | $37.9M | 75x | as long as short |
| Extended ZEC-USD | +0.052% | +0.0104% | 1h | $3.3M | $4.7M | 10x | as long as short |
| Arcus ZEC-USD | +0.059% | +0.0100% | 1h | $691K | $6.0M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.061% | L +0.0136% / S +0.0004% | 1h | $553K | — | 100x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.065% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.073% | −0.0017% | 8h | $288K | $1.7M | 20x | as long as short |
| Lighter ZEC | +0.074% | +0.0096% | 1h | $20.1M | $60.9M | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.086% | 0.0000% | 1h | $556K | $1.2M | 25x | as long as short |
| Lighter RH ZEC | +0.102% | +0.0096% | 1h | $1.6M | $8.1M | 10x | as long as short |
| SunX ZEC-USDT | +0.120% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.170% | +0.0208% | 1h | $3.9M | $13.8M | 50x | as long as short |
BingX ZEC-USDT
Phoenix ZEC
Injective
Variational Omni
Bulk
ApeX Omni
StandX
Paradex
Pacifica
Bitget
OKX
MEXC
KuCoin
Derive
Gate
Bybit
Kraken Futures
Binance
SoDEX
Polymarket Perps
Phemex
HTX
BloFin
Backpack
RISEx
Popdex
Katana Perps
Bullet
Hyperliquid
Aster
Extended
GMX
gTrade (Gains Network)
Lighter
Deribit
Lighter RH
SunX
Coinbase International