Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%

Price spread now: MEXC against edgeX+0.198%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs+$3as in the Price arb table

costs, in and out, $10k−$100.104% of the position

Long on edgeX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.281%−$28 on $10k

Price spread, last 7 days−0.180%−$18 · spread now +0.198%, 7d avg +0.061%

Together, before fees−0.461%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.137% dearer against edgeX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ZECUSDC	1,457.5	0.0100	pay 0.0050% / 4h	3h 21m	$567K	$8.5M	20x
Short	MEXC ZEC_USDT	1,460.4	0.0100	get 0.0100% / 8h	3h 21m	$219.8M	$771.4M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against edgeX. 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 edgeXbpFee MEXCbpOrdersPrice spread, now +0.198%Rate

Funding earned: $0
Price spread: +0.198% → +0.061%: $13.7
Slippage, 4 orders: −$1.35
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: $3.35
Costs to cover: 0.104%
Break-even: from the start

Slippage from edgeX: live order book, 3 min ago; MEXC: live order book, 3 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 edgeX live order book, 3 min ago	0.38 bp	5.1 bp −$5	9.1 bp −$91	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.03 bp	0.2 bp $0	0.2 bp −$2	15.7 bp −$1,566	67.4 bp −$33.7K

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	−0.3042%	1h	1,441.9	−1.072%	$33K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,461	+0.243%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0071%	8h	1,460	+0.170%	$29.5M	$70.7M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,459.6	+0.145%	$411K	$35K	5x	as long as short
Perpl ZEC	0.0000%	43m	1,460	+0.173%	$83K	$239K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,460.4	+0.198%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0063%	8h	1,460.2	+0.188%	$292K	$932K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0085% / S −0.0036%	1h	1,460.4	+0.202%	$434K	—	100x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,460.7	+0.218%	$174K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,461	+0.242%	$14K	$817K	10x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex ZEC-USD-PERP	+0.0100%	8h	1,460.8	+0.227%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,460.5	+0.208%	$2.8M	$6.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,460.7	+0.218%	$14.6M	$27.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,461	+0.242%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,460.6	+0.213%	$672.2M	$2.18B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,460.3	+0.190%	$261.5M	$594.8M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,460.3	+0.194%	$179.2M	$1.21B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,456.9	−0.041%	$396K	$434K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.9	+0.027%	$881K	$17K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,460.3	+0.194%	$51.5M	$172.0M	75x	as long as short
MEXC ZEC_USDTshort	+0.0100%	8h	1,460.4	+0.198%	$219.8M	$771.4M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,460.7	+0.223%	$103.0M	$53.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,460.7	+0.221%	$166.0M	$268.4M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,460.2	+0.187%	—	$106.9M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,455.5	−0.140%	$47.7M	$32.8M	—	as long as short
edgeX ZECUSDClong	+0.0100%	4h	1,457.5	long leg	$567K	$8.5M	20x
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,456.6	−0.064%	$3.0M	$463K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,457.2	−0.023%	$402K	$943K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,458	+0.032%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,460.5	+0.206%	$355K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,460.4	+0.200%	$161K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,459.5	+0.134%	$446K	$509K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,462.8	+0.365%	$3K	$1.1M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,460.4	+0.199%	$234K	$3.2M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,459.6	+0.145%	$2.7M	$18.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,460.2	+0.186%	$3.8M	$4.9M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,460.3	+0.191%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,460	+0.169%	$47K	$151K	20x	as long as short
Phoenix ZEC	+0.0116%	1h	1,457.6	+0.004%	$4.6M	$1.3M	10x	as long as short
Lighter RH ZEC	+0.0120%	1h	1,461.9	+0.300%	$2.1M	$7.0M	10x	as long as short
01 Exchange ZECUSD	+0.0120%	1h	1,461.1	+0.250%	$8K	$7K	5x	as long as short
Hyperliquid ZEC	+0.0144%	1h	1,461.8	+0.299%	$761.5M	$424.4M	10x	as long as short
Lighter ZEC	+0.0152%	1h	1,462	+0.308%	$19.4M	$45.2M	20x	as long as short
Kalshi KXZECPERP	+0.0192%	8h	1,460.4	+0.201%	$1.5M	$4.4M	2.2x	as long as short
RISEx ZEC/USDC	+0.0216%	1h	1,460.8	+0.228%	$924K	$1.1M	10x	as long as short
Backpack ZEC_USDC_PERP	+0.0218%	1h	1,461.2	+0.256%	$2.4M	$3.8M	15x	as long as short
Kraken Futures PF_ZECUSD	+0.0332%	1h	1,460.3	+0.191%	$18.1M	$45.2M	25x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0340%	1h	1,461.3	+0.260%	$615K	$1.3M	25x	as long as short
Arcus ZEC-USD	+0.0344%	1h	1,461.9	+0.302%	$698K	$8.1M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0464%	1h	1,463	+0.378%	$3.8M	$9.2M	50x	as long as short
Aftermath Perps ZECUSD	+0.0677%	1h	1,457.9	+0.029%	$45K	$49K	10x	as long as short