Spread before costs (cost unknown: a leg has no order-book sample)−0.059%
7d average−0.018%if it closes, per $10,000$6funding while held, a day+$0.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ZEC_USDC | 1,500.5 | −0.0018 | get 0.0018% / 8h | 5m 32s | $269K | $1.8M | 20x |
| Short | Binance ZECUSDT | 1,499.6 | −0.0003 | pay 0.0003% / 8h | 5m 32s | $699.6M | $2.90B | 75x |
Orderly PERP_ZEC_USDC
Binance ZECUSDTPrice 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
- −$5.94
- Funding while held
- $0.45
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.49
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0015%
- Per $10,000 a day
- +$0.45
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 0.07 bp | 5.3 bp −$5 | 8.2 bp −$82 | 18.5 bp −$1,850 | doesn't fit |
Orderly: 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.Injective1,474.7cheapestDerive1,496.6+1.481%Ondo Perps1,497.5+1.545%Kalshi1,498+1.577%Bybit1,498.5+1.609%Aftermath Perps1,498.7+1.628%ApeX Omni1,499.1+1.651%BingX1,499.1+1.652%BloFin1,499.1+1.653%Bulk1,499.1+1.655%edgeX1,499.3+1.669%OKX1,499.5+1.677%Popdex1,499.5+1.682%
Injective
Derive
Ondo Perps
Bybit
ApeX Omni
BingX
BloFin
Bulk
OKX
PopdexBinance1,499.6+1.688%
HTX1,499.6+1.688%Paradex1,499.6+1.689%Gate1,499.6+1.690%MEXC1,499.7+1.695%SoDEX1,499.7+1.695%Phemex1,499.7+1.697%Aevo1,499.8+1.700%KuCoin1,499.9+1.709%Aster1,499.9+1.709%Kraken Futures1,499.9+1.710%Bitget1,500+1.712%Backpack1,500+1.715%dYdX1,500.1+1.719%Variational Omni1,500.1+1.722%Hotstuff1,500.1+1.723%Bullet1,500.1+1.723%Pacifica1,500.1+1.724%Perpl1,500.2+1.730%RISEx1,500.3+1.736%Extended1,500.3+1.737%Katana Perps1,500.4+1.739%Hyperliquid1,500.5+1.748%Polymarket Perps1,500.5+1.748%
HTX
Paradex
Gate
MEXC
SoDEX
Phemex
Aevo
KuCoin
Aster
Kraken Futures
Bitget
Backpack
dYdX
Variational Omni
Hotstuff
Bullet
Pacifica
Perpl
RISEx
Extended
Katana Perps
Hyperliquid
Polymarket PerpsOrderly1,500.5+1.749%
01 Exchange1,500.6+1.752%GMX1,500.8+1.767%gTrade (Gains Network)1,500.8+1.771%Lighter1,501.2+1.792%Lighter RH1,501.2+1.795%Deribit1,501.3+1.799%Arcus1,501.4+1.809%Nado1,501.7+1.828%SunX1,502+1.851%Coinbase International1,502.3+1.870%StandX1,502.4+1.874%Phoenix1,502.4+1.877%
GMX
gTrade (Gains Network)
Lighter
Lighter RH
Deribit
Arcus
Nado
SunX
Coinbase International
StandX
PhoenixZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ZEC/USDC PERP | −1.719% | −0.5000% | 1h | $34K | $72K | 12x | as long as short |
| Derive ZEC-PERP | −0.263% | +0.0100% | 1h | $496K | $262K | 6.7x | as long as short |
| Ondo Perps ZEC-USD.P | −0.201% | +0.0100% | 1h | $381K | $772K | 5x | as long as short |
| Kalshi KXZECPERP | −0.169% | 0.0000% | 8h | $873K | $6.3M | 2.2x | as long as short |
| Bybit ZECUSDT | −0.137% | −0.0034% | 8h | $288.5M | $780.4M | 75x | as long as short |
| Aftermath Perps ZECUSD | −0.119% | +0.0447% | 1h | $38K | $22K | 10x | as long as short |
| ApeX Omni ZECUSDT | −0.096% | −0.0457% | 1h | $988K | $349K | 50x | as long as short |
| BingX ZEC-USDC | −0.095% | −0.0002% | 8h | — | $6.9M | — | as long as short |
| BloFin ZEC-USDT | −0.095% | −0.0013% | 8h | $31.6M | $82.3M | 75x | as long as short |
| Bulk ZEC-USD | −0.092% | +0.0056% | 1h | $910K | $64K | 10x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ZECUSDC | −0.079% | +0.0100% | 4h | $504K | $10.8M | 20x | as long as short |
| OKX ZEC-USDT-SWAP | −0.071% | −0.0003% | 8h | $186.8M | $1.67B | 50x | as long as short |
| Popdex ZECUSDT | −0.066% | +0.0096% | 1h | $165K | $2.3M | 50x | as long as short |
| Binance ZECUSDTshort | −0.059% | −0.0003% | 8h | $699.6M | $2.90B | 75x | |
| HTX ZEC-USDT | −0.059% | +0.0100% | 8h | $2.6M | $31.8M | 75x | as long as short |
| Paradex ZEC-USD-PERP | −0.058% | +0.0081% | 8h | $62K | $38K | 10x | as long as short |
| Gate ZEC_USDT | −0.058% | +0.0020% | 8h | $52.4M | $222.9M | 75x | as long as short |
| MEXC ZEC_USDT | −0.053% | −0.0001% | 8h | $216.4M | $1.01B | 150x | as long as short |
| SoDEX ZEC-USD | −0.053% | +0.0019% | 1h | $226K | $5.5M | 10x | as long as short |
| Phemex ZECUSDT | −0.051% | +0.0100% | 8h | $4.0M | $6.5M | 50x | as long as short |
| Aevo ZEC-PERP | −0.048% | +0.0080% | 1h | $39K | $362K | 20x | as long as short |
| KuCoin ZECUSDTM | −0.039% | +0.0100% | 8h | $104.7M | $71.4M | 75x | as long as short |
| Aster ZECUSDT | −0.039% | −0.0042% | 8h | $15.3M | $37.9M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | −0.039% | +0.0172% | 1h | $18.4M | $45.6M | 25x | as long as short |
| Bitget ZECUSDT | −0.036% | −0.0016% | 8h | $166.9M | $329.0M | 75x | as long as short |
| Backpack ZEC_USDC_PERP | −0.033% | +0.0100% | 1h | $2.3M | $3.5M | 15x | as long as short |
| dYdX ZEC-USD | −0.030% | 0.0000% | 1h | $422K | $116K | 5x | as long as short |
| Variational Omni ZEC | −0.026% | +0.0025% | 8h | $48.9M | $34.5M | — | as long as short |
| Hotstuff ZEC-PERP | −0.025% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| Bullet ZEC-USD | −0.025% | 0.0000% | 1h | $51K | $116K | 20x | as long as short |
| Pacifica ZEC | −0.025% | +0.0100% | 1h | $1.7M | $3.7M | 10x | as long as short |
| Perpl ZEC | −0.018% | +0.0447% | 43m | $77K | $439K | 10x | as long as short |
| RISEx ZEC/USDC | −0.012% | +0.0093% | 1h | $861K | $2.9M | 10x | as long as short |
| Extended ZEC-USD | −0.011% | +0.0104% | 1h | $3.4M | $4.7M | 10x | as long as short |
| Katana Perps ZEC-USD | −0.010% | +0.0094% | 8h | $18K | $1.2M | 10x | as long as short |
| Hyperliquid ZEC | −0.001% | +0.0100% | 1h | $803.8M | $677.1M | 10x | as long as short |
| Polymarket Perps ZEC-USD | −0.001% | +0.0100% | 1h | $305K | $3.5M | 10x | as long as short |
| Orderly PERP_ZEC_USDClong | 0.000% | −0.0018% | 8h | $269K | $1.8M | 20x | |
| 01 Exchange ZECUSD | +0.003% | −0.0072% | 1h | $9K | $11K | 5x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.018% | L +0.0135% / S +0.0004% | 1h | $557K | — | 100x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.022% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| Lighter ZEC | +0.043% | +0.0096% | 1h | $20.1M | $61.3M | 20x | as long as short |
| Lighter RH ZEC | +0.045% | +0.0096% | 1h | $1.8M | $8.3M | 10x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.049% | 0.0000% | 1h | $584K | $1.3M | 25x | as long as short |
| Arcus ZEC-USD | +0.059% | +0.0100% | 1h | $680K | $6.1M | 10x | as long as short |
| Nado ZEC-PERP | +0.078% | +0.0100% | 1h | $3.1M | $8.0M | 10x | as long as short |
| SunX ZEC-USDT | +0.101% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.119% | +0.0208% | 1h | $3.9M | $13.8M | 50x | as long as short |
| StandX ZEC-USD | +0.123% | +0.0100% | 1h | $68K | $3.1M | 30x | as long as short |
| Phoenix ZEC | +0.126% | +0.0003% | 1h | $4.8M | $1.4M | 10x | as long as short |