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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%
Price spread now: Bulk against Bitget−2.151%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$230.230% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.038%+$4 on $10k
Price spread, last 4 days (all we have)+2.194%+$219 · spread now −2.151%, 7d avg −0.026%
Together, before fees+2.232%+$223 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: Bulk is 2.125% cheaper against Bitget than usual: you would sell low and buy high, −$212 on $10k if it goes back to its 7-day average of −0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,511.80.0100pay 0.0100% / 8h2h 17m$167.7M$275.6M75x
ShortBulk ZEC-USD1,479.30.0100get 0.0013% / 1h17m 38s$894K$15K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Bitget. 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: −2.151% → −0.026%
−$212.49
Slippage, 4 orders
−$3.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$235.48
Costs to cover
0.230%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Bulk: live order book, 31 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 Bitget live order book, 2 min ago0.03 bp8.9 bp −$913.7 bp −$13722.2 bp −$2,218doesn't fit
Sell Bulk live order book, 31 min ago0.34 bp3.8 bp −$44.6 bp −$467.3 bp −$72714.3 bp −$7,141

ZEC on 51 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−0.3243%1h1,478−2.238%$34K$273K12xas long as short
BloFin ZEC-USDT−0.0152%8h1,501.8−0.660%$30.2M$73.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,508.8−0.201%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,507−0.321%$419K$36K5xas long as short
Kalshi KXZECPERP0.0000%8h1,507.9−0.258%$1.7M$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,506.3−0.362%$86K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,507.6−0.279%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0065%8h1,507.7−0.272%$305K$900K20xas long as short
01 Exchange ZECUSD+0.0072%1h1,512.1+0.017%$8K$7K5xas long as short
Phoenix ZEC+0.0092%1h1,496−1.046%$4.8M$1.3M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,511.5−0.019%$144K$1.7M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,510.9−0.062%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,512.8+0.064%$2.9M$6.4M10xas long as short
Hyperliquid ZEC+0.0100%1h1,508.5−0.218%$788.4M$431.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,511.5−0.020%$14.9M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,509.6−0.144%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,511.6−0.016%$701.2M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,511.9+0.004%$274.7M$610.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,512.4+0.042%$182.2M$1.28B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.6−0.609%$403K$488K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,479.3−2.151%$894K$15K10x
Gate ZEC_USDT+0.0100%8h1,510.4−0.090%$55.0M$177.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,510.7−0.070%$229.7M$773.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,510.8−0.064%$104.7M$54.6M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,511.8long leg$167.7M$275.6M75x
BingX ZEC-USDC+0.0100%8h1,510.8−0.069%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,494.7−1.133%$48.9M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,492.9−1.247%$562K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,505.9−0.388%$3.1M$462K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,502.9−0.592%$416K$928K50xas long as short
StandX ZEC-USD+0.0100%1h1,506.4−0.359%$57K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,512.5+0.046%$372K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,507.5−0.284%$166K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,506.6−0.341%$460K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,510.3−0.101%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,508.3−0.233%$249K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,506.8−0.329%$2.6M$19.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,508.5−0.219%$4.0M$4.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,511.2−0.042%$13K$847K10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0102% / S −0.0074%1h1,507.5−0.284%$402K100xas long as short
Extended ZEC-USD+0.0104%1h1,511.3−0.031%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,508.3−0.233%$46K$153K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0128%1h1,508.4−0.222%$716K$1.4M25xas long as short
Kraken Futures PF_ZECUSD+0.0143%1h1,508.6−0.211%$18.4M$45.9M25xas long as short
Lighter RH ZEC+0.0152%1h1,509.8−0.136%$2.2M$7.2M10xas long as short
RISEx ZEC/USDC+0.0154%1h1,511.7−0.009%$948K$1.1M10xas long as short
Lighter ZEC+0.0216%1h1,508.8−0.198%$19.8M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0446%1h1,508.4−0.226%$2.3M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,510.1−0.112%$3.7M$9.8M50xas long as short
Arcus ZEC-USD+0.0508%1h1,509.6−0.143%$617K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0658%1h1,490.9−1.382%$50K$60K10xas long as short