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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC+0.0184%/8h= +20.1% APRnext payment +$1.84 per $10,000 · paid last 24h +0.050%
Price spread now: Bitget against BloFin+0.034%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Long on BloFinShort on Bitget
What this pair did over the last
the charts below follow
Funding, last 7 days+0.081%+$8 on $10k
Price spread, last 4 days (all we have)−1.065%−$107 · spread now +0.034%, 7d avg −0.021%
Together, before fees−0.984%−$98 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.055% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.021%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,457.8−0.0084get 0.0084% / 8h5h 11m$29.4M$70.8M75x
ShortBitget ZECUSDT1,458.30.0100get 0.0100% / 8h5h 11m$162.1M$273.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
$38.61
Price spread: +0.034% → −0.021%
$5.52
Slippage, 4 orders
−$3.78
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$16.35
Costs to cover
0.278%
Break-even
4.0 days
Slippage from BloFin: live order book, 3 min ago; Bitget: live order book, 3 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 BloFin live order book, 3 min ago0.14 bp6.1 bp −$66.2 bp −$6210.5 bp −$1,051doesn't fit
Sell Bitget live order book, 3 min ago0.03 bp7.6 bp −$813.6 bp −$13619.3 bp −$1,934doesn't fit

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−0.3244%1h1,441.1−1.143%$33K$272K12xas long as short
BloFin ZEC-USDTlong−0.0084%8h1,457.8long leg$29.4M$70.8M75x
Hotstuff ZEC-PERP−0.0080%1h1,457.5−0.023%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,456.9−0.059%$410K$42K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.3+0.032%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8−0.069%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.9+0.004%$5.2M—150xas long as short
Orderly PERP_ZEC_USDC+0.0052%8h1,458.4+0.038%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.018%$409K—100xas long as short
Phoenix ZEC+0.0074%1h1,458.4+0.041%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.3−0.036%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457−0.051%$13K$867K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.3−0.032%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.5−0.020%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.2+0.097%$758.2M$434.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,458.2+0.026%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,457.5−0.018%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.3−0.031%$668.2M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.8−0.071%$263.1M$605.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.2−0.040%$178.3M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.3−0.171%$396K$437K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.023%$883K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.8+0.001%$50.2M$175.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,458.3+0.035%$214.0M$780.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.1+0.021%$102.2M$55.6M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,458.3+0.034%$162.1M$273.4M75x
BingX ZEC-USDC+0.0100%8h1,456.5−0.087%—$6.7M—as long as short
Variational Omni ZEC+0.0100%8h1,456.4−0.097%$47.6M$32.8M—as long as short
edgeX ZECUSDC+0.0100%4h1,456.7−0.076%$567K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.6−0.081%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.2−0.110%$410K$911K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.6−0.084%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457−0.054%$369K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8+0.001%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.9−0.060%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460+0.148%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.7−0.009%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,456.8−0.071%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458+0.012%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,458.3+0.034%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.80.000%$47K$153K20xas long as short
Backpack ZEC_USDC_PERP+0.0106%1h1,458.9+0.073%$2.4M$3.8M15xas long as short
01 Exchange ZECUSD+0.0144%1h1,457.6−0.014%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.011%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0248%1h1,459.1+0.089%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,458.6+0.053%$714K$8.5M10xas long as short
Lighter RH ZEC+0.0368%1h1,459.7+0.131%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,457.80.000%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.8+0.138%$3.7M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0476%1h1,459.5+0.114%$613K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0690%1h1,458.7+0.061%$45K$49K10xas long as short