Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%

Price spread now: MEXC against Pacifica+0.027%45s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$120.118% of the position

Long on Pacifica Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.175%+$18 on $10k

Price spread, last 7 days−0.021%−$2 · spread now +0.027%, 7d avg +0.009%

Together, before fees+0.155%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica ZEC	1,457	0.0100	pay 0.0013% / 1h	11m 49s	$1.7M	$2.5M	10x
Short	MEXC ZEC_USDT	1,457.4	0.0100	get 0.0100% / 8h	5h 11m	$213.7M	$780.6M	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Pacifica. 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 PacificabpFee MEXCbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → +0.009%: $1.82
Slippage, 4 orders: −$3.82
Fee Pacifica: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$10
Costs to cover: 0.118%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; MEXC: live order book, 2 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 Pacifica live order book, 2 min ago	1.00 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.03 bp	0.4 bp $0	11.7 bp −$117	53.9 bp −$5,394	81.4 bp −$40.7K

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	−0.3244%	1h	1,456.6	−0.029%	$34K	$272K	12x	as long as short
BloFin ZEC-USDT	−0.0084%	8h	1,455.7	−0.090%	$29.4M	$70.6M	75x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,456.8	−0.013%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,456.9	−0.003%	$410K	$42K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,456.8	−0.013%	$1.5M	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,456	−0.066%	$83K	$241K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,457.3	+0.019%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0051%	8h	1,457.3	+0.019%	$292K	$966K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0061% / S −0.0011%	1h	1,457	+0.001%	$409K	—	100x	as long as short
Phoenix ZEC	+0.0074%	1h	1,458.4	+0.097%	$4.6M	$1.4M	10x	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	1,456.5	−0.035%	$173K	$1.7M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,456.4	−0.042%	$13K	$882K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,456.8	−0.013%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,457	−0.002%	$2.6M	$6.3M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,458.3	+0.091%	$757.8M	$434.8M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,457.1	+0.008%	$14.5M	$28.1M	75x	as long as short
Pacifica ZEClong	+0.0100%	1h	1,457	long leg	$1.7M	$2.5M	10x
Binance ZECUSDT	+0.0100%	8h	1,457.3	+0.022%	$668.1M	$2.23B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,456.8	−0.014%	$264.5M	$605.0M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,457.2	+0.017%	$178.3M	$1.23B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,460.5	+0.242%	$396K	$439K	5x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,457.5	+0.032%	$883K	$21K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,457.2	+0.016%	$50.1M	$175.2M	75x	as long as short
MEXC ZEC_USDTshort	+0.0100%	8h	1,457.4	+0.027%	$213.7M	$780.6M	150x
KuCoin ZECUSDTM	+0.0100%	8h	1,457.5	+0.035%	$102.1M	$55.7M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,457.5	+0.038%	$162.0M	$273.4M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,456.7	−0.021%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,462.2	+0.361%	$47.8M	$32.8M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,460.6	+0.251%	$570K	$8.7M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,462.3	+0.364%	$3.0M	$432K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,461	+0.278%	$411K	$909K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,456.1	−0.061%	$49K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,456.2	−0.053%	$369K	$1.9M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,457.1	+0.007%	$160K	$185K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,456.3	−0.044%	$445K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,460.2	+0.223%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,457.1	+0.005%	$233K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,455	−0.136%	$2.7M	$18.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,457.3	+0.021%	$3.8M	$5.1M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0101%	1h	1,458.2	+0.085%	$2.4M	$3.8M	15x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,457.1	+0.007%	$2.8M	$7.7M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,456.9	−0.007%	$47K	$153K	20x	as long as short
01 Exchange ZECUSD	+0.0144%	1h	1,456.6	−0.029%	$8K	$7K	5x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,457	+0.004%	$18.0M	$44.6M	25x	as long as short
Lighter ZEC	+0.0248%	1h	1,458.9	+0.131%	$19.1M	$46.7M	20x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,457.9	+0.063%	$715K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0368%	1h	1,459.1	+0.146%	$2.0M	$6.9M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,457.1	+0.011%	$833K	$1.0M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0414%	1h	1,458.1	+0.080%	$613K	$1.3M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,457.5	+0.038%	$3.7M	$9.1M	50x	as long as short
Aftermath Perps ZECUSD	+0.0691%	1h	1,458.4	+0.096%	$45K	$49K	10x	as long as short