ZEC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.004%

Price spread now: BingX against Bybit+0.092%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.224%−$22 on $10k

Price spread, last 7 days−0.088%−$9 · spread now +0.092%, 7d avg +0.003%

Together, before fees−0.313%−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.089% dearer against Bybit than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.224%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZECUSDT	1,456.4	−0.0015	get 0.0015% / 8h	2h 11m	$268.8M	$677.3M	75x
Short	BingX ZEC-USDT	1,457.7	0.0100	get 0.0100% / 8h	2h 11m	—	$101.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BingXbpOrdersPrice spread, now +0.092%Rate

Funding earned: $24.11
Price spread: +0.092% → +0.003%: $8.9
Slippage, 4 orders: −$5.01
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: $7
Costs to cover: 0.260%
Break-even: 5.0 days

Slippage from Bybit: live order book, 7 min ago; BingX: live order book, 12 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 Bybit live order book, 7 min ago	0.03 bp	5.5 bp −$6	8.6 bp −$86	20.4 bp −$2,041	41.7 bp −$20.8K
Sell BingX live order book, 12 min ago	0.07 bp	7.9 bp −$8	11.1 bp −$111	16.1 bp −$1,613	26.1 bp −$13.0K

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	−0.3476%	1h	1,433.1	−1.594%	$33K	$275K	12x	as long as short
BloFin ZEC-USDT	−0.0086%	8h	1,458	+0.111%	$28.8M	$75.4M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,458.4	+0.137%	$6K	$2K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.0071%	1h	1,457.1	+0.051%	$17.7M	$44.6M	25x	as long as short
Bybit ZECUSDTlong	−0.0015%	8h	1,456.4	long leg	$268.8M	$677.3M	75x
dYdX ZEC-USD	0.0000%	1h	1,458.5	+0.146%	$411K	$106K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,457.6	+0.084%	$934K	$5.7M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,458	+0.109%	$83K	$401K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,458.3	+0.133%	$593K	$1.3M	25x	as long as short
Variational Omni ZEC	+0.0002%	8h	1,456.6	+0.016%	$45.6M	$33.4M	—	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,458.3	+0.130%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0016%	8h	1,457.6	+0.083%	$292K	$1.5M	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0018% / S +0.0073%	1h	1,458.1	+0.121%	$557K	—	100x	as long as short
01 Exchange ZECUSD	+0.0048%	1h	1,458	+0.114%	$8K	$8K	5x	as long as short
Ondo Perps ZEC-USD.P	+0.0051%	1h	1,455.9	−0.032%	$395K	$520K	5x	as long as short
OKX ZEC-USDT-SWAP	+0.0058%	8h	1,457.1	+0.051%	$174.0M	$1.36B	50x	as long as short
Gate ZEC_USDT	+0.0066%	8h	1,457	+0.047%	$49.3M	$191.0M	75x	as long as short
Katana Perps ZEC-USD	+0.0095%	8h	1,458.2	+0.125%	$15K	$865K	10x	as long as short
Lighter ZEC	+0.0096%	1h	1,458.8	+0.169%	$18.8M	$54.7M	20x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,457.9	+0.105%	$173K	$2.0M	50x	as long as short
Aster ZECUSDT	+0.0097%	8h	1,457.5	+0.076%	$15.3M	$33.9M	75x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,457.9	+0.107%	$60K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,458.9	+0.172%	$2.5M	$7.1M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,457.8	+0.099%	$754.0M	$495.2M	10x	as long as short
Pacifica ZEC	+0.0100%	1h	1,458.5	+0.145%	$1.6M	$3.0M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,457.1	+0.050%	$665.3M	$2.53B	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,457.2	+0.060%	$218.7M	$898.7M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,457.5	+0.078%	$103.1M	$57.0M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,457.2	+0.058%	$161.3M	$312.2M	75x	as long as short
BingX ZEC-USDTshort	+0.0100%	8h	1,457.7	+0.092%	—	$101.2M	—
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,458	+0.112%	$2.3M	$4.1M	15x	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,457.1	+0.050%	$489K	$9.6M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.7	+0.026%	$3.0M	$510K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,458	+0.110%	$428K	$814K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,458.6	+0.152%	$109K	$4.8M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,457.6	+0.085%	$344K	$2.0M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,457.6	+0.087%	$127K	$161K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.4	+0.002%	$445K	$498K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,459.7	+0.231%	$3K	$1.3M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,457.3	+0.062%	$221K	$4.7M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,458.4	+0.139%	$2.4M	$24.9M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457.9	+0.106%	$3.8M	$5.4M	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,455	−0.094%	$896K	$26K	10x	as long as short
Phoenix ZEC	+0.0103%	1h	1,457.5	+0.078%	$4.6M	$1.6M	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.7	+0.092%	$3.3M	$6.9M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,457.5	+0.077%	$36K	$362K	20x	as long as short
RISEx ZEC/USDC	+0.0219%	1h	1,458.6	+0.156%	$853K	$1.8M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0440%	1h	1,459.2	+0.197%	$3.7M	$11.6M	50x	as long as short
Aftermath Perps ZECUSD	+0.0474%	1h	1,458	+0.109%	$40K	$34K	10x	as long as short
Arcus ZEC-USD	+0.0518%	1h	1,459.3	+0.200%	$748K	$8.0M	10x	as long as short
Lighter RH ZEC	+0.0600%	1h	1,459.2	+0.196%	$1.9M	$8.5M	10x	as long as short