After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.063%7d average−0.052%fees + slippage, in and out−$38spread needed0.379%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ZECUSD | 1,519.6 | 0.0025 | pay 0.0003% / 1h | 44m 38s | $19.1M | $42.6M | 25x |
| Short | Bybit ZECUSDT | 1,518.6 | 0.0068 | get 0.0068% / 8h | 1h 44m | $305.8M | $735.2M | 75x |
Price 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
- −$6.28
- Funding while held
- $1.29
- Slippage, 4 orders
- −$16.89
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.89
- Spread needed to break even
- 0.379%
Slippage from Kraken Futures: live order book, 1 min ago; Bybit: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0043%
- Per $10,000 a day
- +$1.29
- 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 Kraken Futures live order book, 1 min ago | 3.16 bp | 8.3 bp −$8 | 12.5 bp −$125 | 19.4 bp −$1,942 | 73.7 bp −$36.9K |
| Sell Bybit live order book, 1 min ago | 0.03 bp | 6.1 bp −$6 | 9.4 bp −$94 | 19.7 bp −$1,971 | 40.0 bp −$20.0K |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 49 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ZEC-USD.P | −0.235% | +0.0100% | 1h | $317K | $692K | 5x | as long as short |
| Variational Omni ZEC | −0.217% | +0.0100% | 8h | $49.4M | $32.6M | — | as long as short |
| Bulk ZEC-USD | −0.212% | +0.0100% | 1h | $918K | $45K | 10x | as long as short |
| Katana Perps ZEC-USD | −0.192% | +0.0092% | 8h | $17K | $1.2M | 10x | as long as short |
| Injective ZEC/USDC PERP | −0.171% | −0.0250% | 1h | $35K | $72K | 12x | as long as short |
| Derive ZEC-PERP | −0.166% | +0.0100% | 1h | $496K | $216K | 6.7x | as long as short |
| edgeX ZECUSDC | −0.127% | +0.0100% | 4h | $510K | $10.5M | 20x | as long as short |
| Bitget ZECUSDT | −0.116% | −0.0078% | 8h | $170.5M | $316.7M | 75x | as long as short |
| Extended ZEC-USD | −0.112% | +0.0104% | 1h | $3.4M | $4.5M | 10x | as long as short |
| RISEx ZEC/USDC | −0.111% | +0.0060% | 1h | $882K | $2.8M | 10x | as long as short |
Show all 49 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo ZEC-PERP | −0.109% | +0.0080% | 1h | $45K | $362K | 20x | as long as short |
| Aster ZECUSDT | −0.104% | −0.0039% | 8h | $14.6M | $36.0M | 75x | as long as short |
| Phoenix ZEC | −0.102% | −0.0016% | 1h | $5.0M | $1.4M | 10x | as long as short |
| MEXC ZEC_USDT | −0.097% | −0.0011% | 8h | $213.1M | $971.1M | 150x | as long as short |
| Kalshi KXZECPERP | −0.083% | 0.0000% | 8h | $1.0M | $6.0M | 2.2x | as long as short |
| Gate ZEC_USDT | −0.081% | +0.0014% | 8h | $52.8M | $215.6M | 75x | as long as short |
| Perpl ZEC | −0.075% | 0.0000% | 43m | $40K | $426K | 10x | as long as short |
| Bullet ZEC-USD | −0.075% | +0.0009% | 1h | $53K | $115K | 20x | as long as short |
| ApeX Omni ZECUSDT | −0.074% | −0.0825% | 1h | $1.0M | $347K | 50x | as long as short |
| Paradex ZEC-USD-PERP | −0.073% | +0.0097% | 8h | $62K | $38K | 10x | as long as short |
| Binance ZECUSDT | −0.069% | −0.0011% | 8h | $709.1M | $2.81B | 75x | as long as short |
| BingX ZEC-USDT | −0.069% | +0.0067% | 8h | — | $110.8M | — | as long as short |
| Polymarket Perps ZEC-USD | −0.064% | −0.0040% | 1h | $379K | $3.7M | 10x | as long as short |
| Bybit ZECUSDTshort | −0.063% | +0.0068% | 8h | $305.8M | $735.2M | 75x | |
| dYdX ZEC-USD | −0.061% | +0.0020% | 1h | $427K | $119K | 5x | as long as short |
| Popdex ZECUSDT | −0.059% | +0.0096% | 1h | $191K | $2.2M | 50x | as long as short |
| Orderly PERP_ZEC_USDC | −0.058% | −0.0014% | 8h | $274K | $1.7M | 20x | as long as short |
| Nado ZEC-PERP | −0.056% | +0.0100% | 1h | $3.2M | $7.7M | 10x | as long as short |
| Hotstuff ZEC-PERP | −0.053% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | −0.051% | L +0.0187% / S −0.0195% | 1h | $349K | — | 100x | as long as short |
| KuCoin ZECUSDTM | −0.050% | +0.0100% | 8h | $104.3M | $70.1M | 75x | as long as short |
| StandX ZEC-USD | −0.049% | +0.0100% | 1h | $68K | $1.9M | 30x | as long as short |
| gTrade (Gains Network) ZEC/USD | −0.048% | L +0.0007% / S −0.0006% | 1h | $5.4M | — | 150x | as long as short |
| Backpack ZEC_USDC_PERP | −0.044% | +0.0100% | 1h | $2.2M | $3.2M | 15x | as long as short |
| Arcus ZEC-USD | −0.042% | +0.0100% | 1h | $614K | $5.1M | 10x | as long as short |
| OKX ZEC-USDT-SWAP | −0.033% | −0.0021% | 8h | $190.2M | $1.65B | 50x | as long as short |
| Pacifica ZEC | −0.026% | +0.0100% | 1h | $1.7M | $3.9M | 10x | as long as short |
| SoDEX ZEC-USD | −0.025% | +0.0028% | 1h | $227K | $5.4M | 10x | as long as short |
| Lighter ZEC | −0.018% | +0.0096% | 1h | $20.6M | $58.0M | 20x | as long as short |
| BloFin ZEC-USDT | −0.002% | −0.0046% | 8h | $32.0M | $78.5M | 75x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | −0.001% | 0.0000% | 1h | $564K | $694K | 25x | as long as short |
| Kraken Futures PF_ZECUSDlong | 0.000% | +0.0025% | 1h | $19.1M | $42.6M | 25x | |
| Coinbase International ZEC-PERP-INTX | +0.012% | +0.0144% | 1h | $3.7M | $13.5M | 50x | as long as short |
| HTX ZEC-USDT | +0.018% | +0.0100% | 8h | $2.7M | $31.3M | 75x | as long as short |
| Lighter RH ZEC | +0.021% | +0.0096% | 1h | $1.7M | $7.8M | 10x | as long as short |
| Phemex ZECUSDT | +0.029% | +0.0100% | 8h | $3.9M | $6.2M | 50x | as long as short |
| Hyperliquid ZEC | +0.035% | +0.0100% | 1h | $825.9M | $660.6M | 10x | as long as short |
| SunX ZEC-USDT | +0.102% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| Aftermath Perps ZECUSD | +0.167% | +0.0371% | 1h | $41K | $19K | 10x | as long as short |
Kraken Futures PF_ZECUSD
Bybit ZECUSDT
Variational Omni
Bulk
Katana Perps
Injective
Derive
Bitget
Extended
RISEx
Aster
Phoenix
MEXC
Gate
Bullet
ApeX Omni
Paradex
Binance
BingX
Polymarket Perps
Popdex
GMX
KuCoin
StandX
gTrade (Gains Network)
Backpack
OKX
Pacifica
SoDEX
Lighter
BloFin
Deribit
Coinbase International
HTX
Lighter RH
Phemex
Hyperliquid
SunX