Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: Binance against Bullet+0.127%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$230.235% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.424%−$42 · spread now +0.127%, 7d avg −0.012%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.139% dearer against Bullet than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet ZEC-USD | 1,469.9 | 0.0100 | pay 0.0013% / 1h | 33m 12s | $162K | $186K | 20x |
| Short | Binance ZECUSDT | 1,471.7 | 0.0100 | get 0.0100% / 8h | 2h 33m | $679.1M | $2.16B | 75x |
Bullet ZEC-USD
Binance ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bullet. 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: +0.127% → −0.012%
- $13.88
- Slippage, 4 orders
- −$5.48
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.61
- Costs to cover
- 0.235%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 16 min ago; Binance: live order book, 11 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 Bullet live order book, 16 min ago | 1.71 bp | 7.2 bp −$7 | 14.0 bp −$140 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.03 bp | 5.0 bp −$5 | 6.9 bp −$69 | 16.1 bp −$1,610 | 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 | −0.3243% | 1h | 1,450 | −1.355% | $33K | $272K | 12x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,468.1 | −0.124% | $6K | $1K | 10x | as long as short |
| BloFin ZEC-USDT | −0.0079% | 8h | 1,470.5 | +0.044% | $29.8M | $71.1M | 75x | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,469.2 | −0.044% | $408K | $37K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,470.7 | +0.057% | $1.5M | $4.4M | 2.2x | as long as short |
| Perpl ZEC | 0.0000% | 43m | 1,469.6 | −0.016% | $84K | $239K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,469.9 | +0.001% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0062% | 8h | 1,470.3 | +0.032% | $294K | $896K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,470.3 | +0.026% | $8K | $7K | 5x | as long as short |
| Bybit ZECUSDT | +0.0089% | 8h | 1,471.4 | +0.107% | $261.6M | $588.6M | 75x | as long as short |
Injective ZEC/USDC PERP
Hotstuff ZEC-PERP
BloFin ZEC-USDT
dYdX ZEC-USD
Kalshi KXZECPERP
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
01 Exchange ZECUSD
Bybit ZECUSDTShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix ZEC | +0.0092% | 1h | 1,466.5 | −0.230% | $4.7M | $1.3M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,469.8 | −0.007% | $174K | $1.6M | 50x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0097% / S −0.0051% | 1h | 1,469.8 | −0.004% | $438K | — | 100x | as long as short |
| Katana Perps ZEC-USD | +0.0100% | 8h | 1,469.6 | −0.020% | $13K | $812K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,469.8 | −0.003% | $61K | $43K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,469.8 | −0.002% | $2.9M | $6.3M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,472.7 | +0.193% | $766.8M | $418.9M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,471.5 | +0.109% | $14.4M | $28.0M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,469.6 | −0.021% | $1.7M | $2.4M | 10x | as long as short |
| Binance ZECUSDTshort | +0.0100% | 8h | 1,471.7 | +0.127% | $679.1M | $2.16B | 75x | |
| OKX ZEC-USDT-SWAP | +0.0100% | 8h | 1,471.2 | +0.088% | $178.7M | $1.21B | 50x | as long as short |
| Ondo Perps ZEC-USD.P | +0.0100% | 1h | 1,466.9 | −0.202% | $399K | $430K | 5x | as long as short |
| Bulk ZEC-USD | +0.0100% | 1h | 1,462.7 | −0.489% | $884K | $17K | 10x | as long as short |
| Gate ZEC_USDT | +0.0100% | 8h | 1,471.6 | +0.118% | $53.3M | $171.0M | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,470.9 | +0.069% | $222.7M | $761.7M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,470.7 | +0.054% | $103.4M | $52.6M | 75x | as long as short |
| Bitget ZECUSDT | +0.0100% | 8h | 1,471.6 | +0.115% | $166.7M | $267.5M | 75x | as long as short |
| BingX ZEC-USDC | +0.0100% | 8h | 1,470.1 | +0.016% | — | $6.7M | — | as long as short |
| Variational Omni ZEC | +0.0100% | 8h | 1,470.5 | +0.045% | $48.2M | $32.4M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,469.9 | +0.005% | $555K | $8.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,469.8 | −0.007% | $3.0M | $467K | 10x | as long as short |
| ApeX Omni ZECUSDT | +0.0100% | 1h | 1,470 | +0.007% | $406K | $926K | 50x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,467.6 | −0.156% | $49K | $4.6M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,469.8 | −0.005% | $360K | $1.7M | 10x | as long as short |
| Bullet ZEC-USDlong | +0.0100% | 1h | 1,469.9 | long leg | $162K | $186K | 20x | |
| Derive ZEC-PERP | +0.0100% | 1h | 1,469.1 | −0.051% | $448K | $506K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,472.5 | +0.176% | $3K | $1.1M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,470.2 | +0.025% | $235K | $3.2M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,468.6 | −0.087% | $2.7M | $18.3M | 75x | as long as short |
| Phemex ZECUSDT | +0.0100% | 8h | 1,470.9 | +0.069% | $3.9M | $4.8M | 50x | as long as short |
| Extended ZEC-USD | +0.0104% | 1h | 1,470.4 | +0.037% | $2.8M | $7.8M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,470.2 | +0.020% | $46K | $152K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0126% | 1h | 1,471.1 | +0.086% | $619K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0136% | 1h | 1,471.6 | +0.117% | $19.5M | $44.0M | 20x | as long as short |
| Lighter RH ZEC | +0.0136% | 1h | 1,471.7 | +0.121% | $2.1M | $7.1M | 10x | as long as short |
| Kraken Futures PF_ZECUSD | +0.0146% | 1h | 1,470.4 | +0.035% | $18.0M | $45.6M | 25x | as long as short |
| RISEx ZEC/USDC | +0.0154% | 1h | 1,470.4 | +0.034% | $928K | $1.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0343% | 1h | 1,471.9 | +0.140% | $2.4M | $3.7M | 15x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0496% | 1h | 1,469.6 | −0.020% | $3.7M | $9.2M | 50x | as long as short |
| Arcus ZEC-USD | +0.0508% | 1h | 1,471.5 | +0.108% | $665K | $8.1M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0679% | 1h | 1,468.5 | −0.094% | $45K | $49K | 10x | as long as short |
Phoenix ZEC
Popdex ZECUSDT
GMX ZEC/USD [WBTC.b-USDC]
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
OKX ZEC-USDT-SWAP
Ondo Perps ZEC-USD.P
Bulk ZEC-USD
Gate ZEC_USDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
Bitget ZECUSDT
BingX ZEC-USDC
Variational Omni ZEC
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
ApeX Omni ZECUSDT
StandX ZEC-USD
Polymarket Perps ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Phemex ZECUSDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
Lighter RH ZEC
Kraken Futures PF_ZECUSD
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD