ZEC

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.193%

7d average−0.188%if it closes, per $10,000$19funding while held, a day−$7.80

Long on Coinbase International Short on Derive

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International ZEC-PERP-INTX	1,481.1	0.0360	pay 0.0045% / 1h	39m 46s	$3.9M	$13.4M	50x
Short	Derive ZEC-PERP	1,478.2	0.0100	get 0.0013% / 1h	39m 46s	$450K	$528K	6.7x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Coinbase InternationalbpFee DerivebpOrdersClose when spread is

Spread captured: −$19.29
Funding while held: −$7.8
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$43.09
Spread needed to break even: 0.160%

Slippage unknown: Coinbase International: live order book, 1 min ago; Derive: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0260%
Per $10,000 a day: −$7.80
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 Coinbase International live order book, 1 min ago	3.17 bp	13.4 bp −$13	16.1 bp −$161	49.6 bp −$4,956	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.

Derive1,478.2cheapest

Katana Perps1,478.5+0.017%Kraken Futures1,478.5+0.020%RISEx1,478.8+0.041%01 Exchange1,478.9+0.047%Bybit1,478.9+0.047%Aevo1,479.1+0.058%Popdex1,479.1+0.059%OKX1,479.2+0.064%Paradex1,479.2+0.067%SoDEX1,479.2+0.067%Binance1,479.3+0.074%KuCoin1,479.3+0.076%HTX1,479.4+0.077%Phemex1,479.4+0.077%Orderly1,479.4+0.079%Bullet1,479.5+0.085%Nado1,479.5+0.088%Aster1,479.6+0.094%Polymarket Perps1,479.7+0.100%Gate1,479.8+0.105%Bitget1,479.8+0.107%Backpack1,479.8+0.107%Hyperliquid1,480.1+0.127%MEXC1,480.1+0.128%GMX1,480.1+0.129%Perpl1,480.1+0.129%Pacifica1,480.1+0.130%BingX1,480.2+0.130%gTrade (Gains Network)1,480.2+0.132%dYdX1,480.4+0.145%Arcus1,480.6+0.161%Deribit1,480.7+0.164%Extended1,480.7+0.165%Lighter1,480.8+0.175%Kalshi1,480.8+0.176%

Coinbase International1,481.1+0.193%

Variational Omni1,481.1+0.193%BloFin1,481.3+0.208%Lighter RH1,481.3+0.210%Hotstuff1,481.8+0.243%Aftermath Perps1,483+0.324%ApeX Omni1,483.3+0.346%Ondo Perps1,483.6+0.364%SunX1,484.1+0.398%StandX1,484.6+0.430%Bulk1,485.4+0.485%Phoenix1,485.4+0.487%edgeX1,486.4+0.556%Injective1,486.9+0.588%

ZEC on 50 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Derive ZEC-PERPshort	−0.193%	+0.0100%	1h	$450K	$528K	6.7x
Katana Perps ZEC-USD	−0.176%	+0.0075%	8h	$16K	$956K	10x	as long as short
Kraken Futures PF_ZECUSD	−0.173%	−0.0791%	1h	$18.1M	$48.1M	25x	as long as short
RISEx ZEC/USDC	−0.152%	+0.0072%	1h	$849K	$2.7M	10x	as long as short
01 Exchange ZECUSD	−0.147%	+0.0008%	1h	$9K	$11K	5x	as long as short
Bybit ZECUSDT	−0.146%	−0.0238%	8h	$276.6M	$779.7M	75x	as long as short
Aevo ZEC-PERP	−0.135%	+0.0080%	1h	$39K	$366K	20x	as long as short
Popdex ZECUSDT	−0.134%	+0.0096%	1h	$174K	$2.3M	50x	as long as short
OKX ZEC-USDT-SWAP	−0.129%	−0.0013%	8h	$177.4M	$1.61B	50x	as long as short
Paradex ZEC-USD-PERP	−0.126%	+0.0095%	8h	$61K	$38K	10x	as long as short

Show all 50 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
SoDEX ZEC-USD	−0.126%	+0.0096%	1h	$225K	$5.6M	10x	as long as short
Binance ZECUSDT	−0.119%	+0.0005%	8h	$676.5M	$2.89B	75x	as long as short
KuCoin ZECUSDTM	−0.117%	+0.0100%	8h	$103.8M	$68.8M	75x	as long as short
HTX ZEC-USDT	−0.116%	+0.0100%	8h	$2.5M	$31.3M	75x	as long as short
Phemex ZECUSDT	−0.116%	+0.0100%	8h	$3.8M	$6.7M	50x	as long as short
Orderly PERP_ZEC_USDC	−0.114%	−0.0018%	8h	$288K	$1.8M	20x	as long as short
Bullet ZEC-USD	−0.108%	+0.0100%	1h	$129K	$166K	20x	as long as short
Nado ZEC-PERP	−0.105%	+0.0100%	1h	$3.0M	$7.8M	10x	as long as short
Aster ZECUSDT	−0.099%	−0.0029%	8h	$14.8M	$38.2M	75x	as long as short
Polymarket Perps ZEC-USD	−0.093%	+0.0091%	1h	$302K	$3.1M	10x	as long as short
Gate ZEC_USDT	−0.088%	−0.0075%	8h	$51.0M	$210.2M	75x	as long as short
Bitget ZECUSDT	−0.086%	+0.0080%	8h	$168.5M	$350.2M	75x	as long as short
Backpack ZEC_USDC_PERP	−0.086%	+0.0228%	1h	$2.3M	$3.8M	15x	as long as short
Hyperliquid ZEC	−0.066%	+0.0100%	1h	$779.6M	$643.7M	10x	as long as short
MEXC ZEC_USDT	−0.065%	+0.0006%	8h	$221.7M	$990.4M	150x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	−0.064%	L +0.0095% / S +0.0015%	1h	$580K	—	100x	as long as short
Perpl ZEC	−0.064%	+0.0112%	43m	$77K	$415K	10x	as long as short
Pacifica ZEC	−0.063%	+0.0100%	1h	$1.7M	$3.6M	10x	as long as short
BingX ZEC-USDC	−0.063%	+0.0076%	8h	—	$6.9M	—	as long as short
gTrade (Gains Network) ZEC/USD	−0.061%	L +0.0007% / S −0.0006%	1h	$5.3M	—	150x	as long as short
dYdX ZEC-USD	−0.048%	0.0000%	1h	$417K	$108K	5x	as long as short
Arcus ZEC-USD	−0.032%	+0.0231%	1h	$712K	$7.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	−0.029%	0.0000%	1h	$579K	$1.4M	25x	as long as short
Extended ZEC-USD	−0.028%	+0.0104%	1h	$3.3M	$4.9M	10x	as long as short
Lighter ZEC	−0.019%	+0.0096%	1h	$19.2M	$62.0M	20x	as long as short
Kalshi KXZECPERP	−0.017%	0.0000%	8h	$990K	$6.5M	2.2x	as long as short
Coinbase International ZEC-PERP-INTXlong	0.000%	+0.0360%	1h	$3.9M	$13.4M	50x
Variational Omni ZEC	0.000%	−0.0130%	8h	$47.9M	$32.6M	—	as long as short
BloFin ZEC-USDT	+0.014%	−0.0113%	8h	$30.5M	$82.8M	75x	as long as short
Lighter RH ZEC	+0.016%	+0.0256%	1h	$1.8M	$7.9M	10x	as long as short
Hotstuff ZEC-PERP	+0.049%	−0.0080%	1h	$6K	$2K	10x	as long as short
Aftermath Perps ZECUSD	+0.130%	+0.0449%	1h	$39K	$34K	10x	as long as short
ApeX Omni ZECUSDT	+0.153%	−0.0132%	1h	$967K	$463K	50x	as long as short
Ondo Perps ZEC-USD.P	+0.170%	−0.0046%	1h	$403K	$748K	5x	as long as short
SunX ZEC-USDT	+0.204%	+0.0100%	8h	$3K	$1.4M	20x	as long as short
StandX ZEC-USD	+0.236%	+0.0100%	1h	$112K	$4.2M	30x	as long as short
Bulk ZEC-USD	+0.291%	+0.0100%	1h	$915K	$47K	10x	as long as short
Phoenix ZEC	+0.293%	−0.0004%	1h	$4.7M	$1.7M	10x	as long as short
edgeX ZECUSDC	+0.361%	+0.0100%	4h	$500K	$10.6M	20x	as long as short
Injective ZEC/USDC PERP	+0.394%	−0.3658%	1h	$34K	$13K	12x	as long as short