Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h −0.010%

Price spread now: 01 Exchange against MEXC+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and 01 Exchange is 0.020% dearer against MEXC than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC ZEC_USDT	1,477.5	0.0100	pay 0.0100% / 8h	1h 29m	$241.0M	$784.3M	150x
Short	01 Exchange ZECUSD	1,477.8	0.0144	get 0.0018% / 1h	29m 23s	$8K	$7K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against MEXC. 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 MEXCbpFee 01 ExchangebpOrdersPrice spread, now +0.020%Rate

Funding earned: $9.24
Price spread: +0.020% → 0.000%: $2.03
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $4.27
Costs to cover: 0.070%
Break-even: 3.8 days

Slippage unknown: MEXC: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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 MEXC live order book, 5 min ago	0.03 bp	0.4 bp $0	0.9 bp −$9	1.2 bp −$124	47.8 bp −$23.9K
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 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	−0.3684%	1h	1,462	−1.048%	$36K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0166%	1h	1,477.1	−0.028%	$892K	$9K	10x	as long as short
BloFin ZEC-USDT	−0.0131%	8h	1,478	+0.030%	$30.5M	$73.8M	75x	as long as short
Kraken Futures PF_ZECUSD	−0.0097%	1h	1,477.3	−0.016%	$17.9M	$47.2M	25x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,478.4	+0.058%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,477.7	+0.012%	$411K	$35K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,479	+0.099%	$1.5M	$4.6M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,475.8	−0.114%	$63K	$303K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,478	+0.035%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0077%	8h	1,477	−0.036%	$297K	$1.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex ZECUSDT	+0.0096%	1h	1,477.6	+0.004%	$164K	$1.8M	50x	as long as short
Aftermath Perps ZECUSD	+0.0097%	1h	1,477.6	+0.008%	$47K	$64K	10x	as long as short
Katana Perps ZEC-USD	+0.0098%	8h	1,477.1	−0.025%	$10K	$869K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,477.8	+0.017%	$2.7M	$7.0M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,477	−0.034%	$13.8M	$30.9M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,478.1	+0.037%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,477.2	−0.018%	$687.7M	$2.30B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,476.8	−0.046%	$263.5M	$632.9M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,476.8	−0.045%	$179.0M	$1.31B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,475.2	−0.156%	$403K	$508K	5x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,477.4	−0.005%	$54.2M	$182.9M	75x	as long as short
MEXC ZEC_USDTlong	+0.0100%	8h	1,477.5	long leg	$241.0M	$784.3M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,478	+0.032%	$101.1M	$57.4M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,477.2	−0.021%	$158.9M	$288.7M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,477.6	+0.006%	—	$115.2M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,478.8	+0.084%	$2.3M	$3.9M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,477.6	+0.007%	$48.1M	$34.4M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,477.2	−0.024%	$565K	$8.9M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,478.3	+0.057%	$3.0M	$498K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,476.9	−0.043%	$406K	$935K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,479.1	+0.107%	$56K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,477.4	−0.007%	$357K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,477.3	−0.013%	$162K	$184K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,473.4	−0.278%	$450K	$500K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,479.7	+0.146%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,477.1	−0.030%	$251K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,476.3	−0.082%	$2.6M	$19.7M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,477.8	+0.017%	$3.9M	$5.0M	50x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,477.7	+0.013%	$61K	$43K	10x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,477	−0.035%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,477	−0.037%	$42K	$152K	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0127%	1h	1,477.7	+0.016%	$675K	$1.4M	25x	as long as short
RISEx ZEC/USDC	+0.0129%	1h	1,478.5	+0.064%	$925K	$1.1M	10x	as long as short
Phoenix ZEC	+0.0134%	1h	1,478.9	+0.092%	$4.7M	$1.4M	10x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0143% / S −0.0148%	1h	1,478.1	+0.041%	$479K	—	100x	as long as short
01 Exchange ZECUSDshort	+0.0144%	1h	1,477.8	+0.020%	$8K	$7K	5x
Arcus ZEC-USD	+0.0221%	1h	1,479.4	+0.129%	$633K	$8.6M	10x	as long as short
Hyperliquid ZEC	+0.0251%	1h	1,479.3	+0.121%	$767.7M	$442.3M	10x	as long as short
Lighter RH ZEC	+0.0256%	1h	1,478.4	+0.059%	$2.1M	$7.4M	10x	as long as short
Lighter ZEC	+0.0320%	1h	1,479.6	+0.144%	$19.4M	$45.8M	20x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0480%	1h	1,479.6	+0.142%	$3.6M	$9.9M	50x	as long as short