Spread before costs (cost unknown: a leg has no order-book sample)+0.028%
7d average−0.052%if it closes, per $10,000$3funding while held, a day+$10.17
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZECUSDT | 1,482.2 | −0.0239 | get 0.0239% / 8h | 5h 35m | $277.2M | $772.9M | 75x |
| Short | Derive ZEC-PERP | 1,482.6 | 0.0100 | get 0.0013% / 1h | 35m 21s | $451K | $528K | 6.7x |
Bybit ZECUSDT
Derive ZEC-PERPPrice 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
- $2.83
- Funding while held
- $10.17
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$4
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 5 min ago; Derive: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0339%
- Per $10,000 a day
- +$10.17
- 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 Bybit live order book, 5 min ago | 0.03 bp | 6.9 bp −$7 | 9.6 bp −$96 | 20.5 bp −$2,052 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni1,479.1cheapestedgeX1,479.2+0.008%Variational Omni1,479.8+0.047%BloFin1,480.6+0.099%Ondo Perps1,481.5+0.164%Katana Perps1,481.9+0.193%Popdex1,482.2+0.209%Paradex1,482.2+0.209%
ApeX Omni
Variational Omni
BloFin
Ondo Perps
Katana Perps
Popdex
ParadexBybit1,482.2+0.210%
Polymarket Perps1,482.4+0.224%Gate1,482.6+0.237%
Polymarket Perps
GateDerive1,482.6+0.238%
BingX1,482.7+0.243%Bullet1,482.7+0.244%01 Exchange1,482.8+0.252%MEXC1,482.8+0.253%Perpl1,482.8+0.253%Binance1,482.8+0.254%Phoenix1,482.9+0.261%Aster1,482.9+0.261%RISEx1,483+0.264%HTX1,483+0.265%Extended1,483.1+0.269%Aftermath Perps1,483.1+0.273%StandX1,483.2+0.278%Kalshi1,483.2+0.281%OKX1,483.3+0.287%Pacifica1,483.3+0.287%Hotstuff1,483.4+0.289%KuCoin1,483.4+0.291%Bitget1,483.4+0.292%SoDEX1,483.4+0.292%Nado1,483.4+0.292%gTrade (Gains Network)1,483.5+0.296%Injective1,483.5+0.299%Kraken Futures1,483.5+0.301%dYdX1,483.6+0.307%Aevo1,483.6+0.307%Phemex1,483.7+0.311%Hyperliquid1,483.7+0.312%Orderly1,484+0.332%Arcus1,484+0.334%Backpack1,484.1+0.342%Lighter1,484.2+0.348%Lighter RH1,484.3+0.355%GMX1,484.5+0.367%Deribit1,485.2+0.415%Bulk1,485.4+0.427%Coinbase International1,485.6+0.444%SunX1,487.6+0.575%
BingX
Bullet
MEXC
Perpl
Binance
Phoenix
Aster
RISEx
HTX
Extended
StandX
OKX
Pacifica
Hotstuff
KuCoin
Bitget
SoDEX
Nado
gTrade (Gains Network)
Injective
Kraken Futures
dYdX
Aevo
Phemex
Hyperliquid
Orderly
Arcus
Backpack
Lighter
Lighter RH
GMX
Deribit
Bulk
Coinbase International
SunXZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni ZECUSDT | −0.209% | −0.0292% | 1h | $964K | $464K | 50x | as long as short |
| edgeX ZECUSDC | −0.202% | +0.0100% | 4h | $498K | $10.7M | 20x | as long as short |
| Variational Omni ZEC | −0.162% | −0.0132% | 8h | $47.9M | $32.5M | — | as long as short |
| BloFin ZEC-USDT | −0.110% | −0.0115% | 8h | $30.6M | $82.5M | 75x | as long as short |
| Ondo Perps ZEC-USD.P | −0.046% | −0.0050% | 1h | $402K | $649K | 5x | as long as short |
| Katana Perps ZEC-USD | −0.016% | +0.0077% | 8h | $16K | $943K | 10x | as long as short |
| Popdex ZECUSDT | −0.001% | +0.0096% | 1h | $174K | $2.2M | 50x | as long as short |
| Paradex ZEC-USD-PERP | 0.000% | +0.0095% | 8h | $61K | $38K | 10x | as long as short |
| Bybit ZECUSDTlong | 0.000% | −0.0239% | 8h | $277.2M | $772.9M | 75x | |
| Polymarket Perps ZEC-USD | +0.015% | +0.0089% | 1h | $303K | $3.1M | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate ZEC_USDT | +0.028% | −0.0069% | 8h | $51.0M | $210.5M | 75x | as long as short |
| Derive ZEC-PERPshort | +0.028% | +0.0100% | 1h | $451K | $528K | 6.7x | |
| BingX ZEC-USDT | +0.033% | +0.0081% | 8h | — | $130.0M | — | as long as short |
| Bullet ZEC-USD | +0.034% | +0.0100% | 1h | $130K | $166K | 20x | as long as short |
| 01 Exchange ZECUSD | +0.043% | +0.0008% | 1h | $9K | $11K | 5x | as long as short |
| MEXC ZEC_USDT | +0.043% | +0.0005% | 8h | $221.4M | $992.3M | 150x | as long as short |
| Perpl ZEC | +0.043% | +0.0112% | 43m | $77K | $415K | 10x | as long as short |
| Binance ZECUSDT | +0.045% | +0.0006% | 8h | $678.5M | $2.86B | 75x | as long as short |
| Phoenix ZEC | +0.051% | −0.0004% | 1h | $4.7M | $1.7M | 10x | as long as short |
| Aster ZECUSDT | +0.052% | −0.0025% | 8h | $14.8M | $37.9M | 75x | as long as short |
| RISEx ZEC/USDC | +0.054% | +0.0072% | 1h | $851K | $2.7M | 10x | as long as short |
| HTX ZEC-USDT | +0.055% | +0.0100% | 8h | $2.5M | $30.7M | 75x | as long as short |
| Extended ZEC-USD | +0.059% | +0.0104% | 1h | $3.3M | $4.8M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.064% | +0.0457% | 1h | $39K | $34K | 10x | as long as short |
| StandX ZEC-USD | +0.068% | +0.0100% | 1h | $112K | $4.3M | 30x | as long as short |
| Kalshi KXZECPERP | +0.072% | 0.0000% | 8h | $990K | $6.5M | 2.2x | as long as short |
| OKX ZEC-USDT-SWAP | +0.077% | −0.0013% | 8h | $177.8M | $1.58B | 50x | as long as short |
| Pacifica ZEC | +0.078% | +0.0100% | 1h | $1.7M | $3.6M | 10x | as long as short |
| Hotstuff ZEC-PERP | +0.080% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| KuCoin ZECUSDTM | +0.082% | +0.0100% | 8h | $104.1M | $68.0M | 75x | as long as short |
| Bitget ZECUSDT | +0.082% | +0.0086% | 8h | $168.9M | $345.4M | 75x | as long as short |
| SoDEX ZEC-USD | +0.082% | +0.0087% | 1h | $225K | $5.5M | 10x | as long as short |
| Nado ZEC-PERP | +0.083% | +0.0100% | 1h | $3.0M | $7.7M | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.086% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Injective ZEC/USDC PERP | +0.089% | −0.3658% | 1h | $34K | $13K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | +0.091% | −0.0789% | 1h | $18.1M | $48.0M | 25x | as long as short |
| dYdX ZEC-USD | +0.097% | 0.0000% | 1h | $418K | $108K | 5x | as long as short |
| Aevo ZEC-PERP | +0.097% | +0.0080% | 1h | $39K | $366K | 20x | as long as short |
| Phemex ZECUSDT | +0.101% | +0.0100% | 8h | $3.8M | $6.7M | 50x | as long as short |
| Hyperliquid ZEC | +0.103% | +0.0100% | 1h | $781.5M | $644.4M | 10x | as long as short |
| Orderly PERP_ZEC_USDC | +0.122% | −0.0018% | 8h | $289K | $1.8M | 20x | as long as short |
| Arcus ZEC-USD | +0.124% | +0.0231% | 1h | $711K | $7.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.132% | +0.0252% | 1h | $2.3M | $3.8M | 15x | as long as short |
| Lighter ZEC | +0.139% | +0.0096% | 1h | $19.3M | $62.0M | 20x | as long as short |
| Lighter RH ZEC | +0.145% | +0.0248% | 1h | $1.8M | $7.9M | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.157% | L +0.0094% / S +0.0016% | 1h | $583K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.205% | +0.0149% | 1h | $581K | $1.4M | 25x | as long as short |
| Bulk ZEC-USD | +0.217% | +0.0100% | 1h | $915K | $47K | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.233% | +0.0360% | 1h | $3.9M | $13.3M | 50x | as long as short |
| SunX ZEC-USDT | +0.364% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |