Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against Phemex−0.048%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.475% of the position
Funding, last 7 days−0.200%−$20 on $10k
+Price spread, last 3 days (all we have)−0.429%−$43 · spread now −0.048%, 7d avg −0.037%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ZECUSDT | 1,468.4 | 0.0100 | pay 0.0100% / 8h | 1h 25m | $3.8M | $5.3M | 50x |
| Short | Bitget ZECUSDT | 1,467.7 | 0.0100 | get 0.0100% / 8h | 1h 25m | $162.8M | $305.0M | 75x |
Phemex ZECUSDT
Bitget ZECUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.048% → −0.037%
- −$1.11
- Slippage, 4 orders
- −$23.52
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$48.63
- Costs to cover
- 0.475%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Bitget: 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 Phemex live order book, 3 min ago | 3.38 bp | 13.8 bp −$14 | 24.6 bp −$246 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.03 bp | 7.6 bp −$8 | 11.8 bp −$118 | doesn't fit | doesn't fit |
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 | −0.3310% | 1h | 1,463.6 | −0.324% | $34K | $275K | 12x | as long as short |
| Kraken Futures PF_ZECUSD | −0.0404% | 1h | 1,467.8 | −0.040% | $17.9M | $44.7M | 25x | as long as short |
| Ondo Perps ZEC-USD.P | −0.0216% | 1h | 1,462 | −0.433% | $397K | $514K | 5x | as long as short |
| BloFin ZEC-USDT | −0.0097% | 8h | 1,466.4 | −0.133% | $29.3M | $75.5M | 75x | as long as short |
| Hotstuff ZEC-PERP | −0.0080% | 1h | 1,466.2 | −0.149% | $6K | $2K | 10x | as long as short |
| Bulk ZEC-USD | −0.0065% | 1h | 1,462.1 | −0.426% | $902K | $27K | 10x | as long as short |
| Bybit ZECUSDT | −0.0056% | 8h | 1,467.2 | −0.078% | $272.0M | $667.4M | 75x | as long as short |
| Variational Omni ZEC | −0.0026% | 8h | 1,463 | −0.368% | $46.5M | $33.7M | — | as long as short |
| dYdX ZEC-USD | 0.0000% | 1h | 1,466.6 | −0.121% | $413K | $104K | 5x | as long as short |
| Kalshi KXZECPERP | 0.0000% | 8h | 1,467.3 | −0.074% | $887K | $5.6M | 2.2x | as long as short |
Injective ZEC/USDC PERP
Kraken Futures PF_ZECUSD
Ondo Perps ZEC-USD.P
BloFin ZEC-USDT
Hotstuff ZEC-PERP
Bulk ZEC-USD
Bybit ZECUSDT
Variational Omni ZEC
dYdX ZEC-USD
Kalshi KXZECPERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Perpl ZEC | 0.0000% | 43m | 1,467.2 | −0.080% | $83K | $404K | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | L +0.0007% / S −0.0006% | 1h | 1,467.6 | −0.050% | $5.2M | — | 150x | as long as short |
| Orderly PERP_ZEC_USDC | +0.0013% | 8h | 1,467.4 | −0.069% | $293K | $1.4M | 20x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | L +0.0037% / S +0.0009% | 1h | 1,467.6 | −0.054% | $356K | — | 100x | as long as short |
| Gate ZEC_USDT | +0.0051% | 8h | 1,468 | −0.028% | $50.0M | $185.8M | 75x | as long as short |
| OKX ZEC-USDT-SWAP | +0.0052% | 8h | 1,467.7 | −0.048% | $177.0M | $1.35B | 50x | as long as short |
| 01 Exchange ZECUSD | +0.0064% | 1h | 1,467.5 | −0.062% | $8K | $8K | 5x | as long as short |
| ApeX Omni ZECUSDT | +0.0070% | 1h | 1,463.9 | −0.304% | $430K | $821K | 50x | as long as short |
| Phoenix ZEC | +0.0075% | 1h | 1,464.5 | −0.265% | $4.6M | $1.6M | 10x | as long as short |
| Popdex ZECUSDT | +0.0096% | 1h | 1,467.3 | −0.072% | $174K | $1.9M | 50x | as long as short |
| Katana Perps ZEC-USD | +0.0096% | 8h | 1,467.7 | −0.042% | $14K | $832K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.0100% | 8h | 1,466.6 | −0.123% | $60K | $39K | 10x | as long as short |
| Nado ZEC-PERP | +0.0100% | 1h | 1,466.9 | −0.100% | $2.5M | $6.8M | 10x | as long as short |
| Hyperliquid ZEC | +0.0100% | 1h | 1,469.1 | +0.050% | $761.7M | $485.2M | 10x | as long as short |
| Aster ZECUSDT | +0.0100% | 8h | 1,468.3 | −0.004% | $15.6M | $32.8M | 75x | as long as short |
| Pacifica ZEC | +0.0100% | 1h | 1,466.9 | −0.101% | $1.7M | $3.0M | 10x | as long as short |
| Binance ZECUSDT | +0.0100% | 8h | 1,468.3 | −0.003% | $676.5M | $2.48B | 75x | as long as short |
| MEXC ZEC_USDT | +0.0100% | 8h | 1,468.5 | +0.006% | $223.4M | $864.3M | 150x | as long as short |
| KuCoin ZECUSDTM | +0.0100% | 8h | 1,468 | −0.022% | $103.9M | $55.8M | 75x | as long as short |
| Bitget ZECUSDTshort | +0.0100% | 8h | 1,467.7 | −0.048% | $162.8M | $305.0M | 75x | |
| BingX ZEC-USDT | +0.0100% | 8h | 1,467.8 | −0.041% | — | $103.1M | — | as long as short |
| edgeX ZECUSDC | +0.0100% | 4h | 1,463.1 | −0.361% | $510K | $9.5M | 20x | as long as short |
| GRVT ZEC_USDT_Perp | +0.0100% | 8h | 1,463.2 | −0.353% | $3.0M | $481K | 10x | as long as short |
| StandX ZEC-USD | +0.0100% | 1h | 1,465.8 | −0.174% | $110K | $4.8M | 30x | as long as short |
| Polymarket Perps ZEC-USD | +0.0100% | 1h | 1,467.4 | −0.065% | $344K | $1.9M | 10x | as long as short |
| Bullet ZEC-USD | +0.0100% | 1h | 1,467.3 | −0.075% | $128K | $160K | 20x | as long as short |
| Derive ZEC-PERP | +0.0100% | 1h | 1,466 | −0.163% | $448K | $502K | 6.7x | as long as short |
| SunX ZEC-USDT | +0.0100% | 8h | 1,469 | +0.040% | $3K | $1.2M | 20x | as long as short |
| SoDEX ZEC-USD | +0.0100% | 1h | 1,467.5 | −0.062% | $223K | $4.5M | 10x | as long as short |
| HTX ZEC-USDT | +0.0100% | 8h | 1,466.2 | −0.146% | $2.5M | $23.9M | 75x | as long as short |
| Phemex ZECUSDTlong | +0.0100% | 8h | 1,468.4 | long leg | $3.8M | $5.3M | 50x | |
| Extended ZEC-USD | +0.0104% | 1h | 1,467.8 | −0.041% | $3.3M | $6.9M | 10x | as long as short |
| Aevo ZEC-PERP | +0.0104% | 1h | 1,467.4 | −0.066% | $37K | $366K | 20x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.0104% | 1h | 1,468.2 | −0.008% | $597K | $1.3M | 25x | as long as short |
| Lighter ZEC | +0.0152% | 1h | 1,470 | +0.109% | $19.0M | $52.6M | 20x | as long as short |
| RISEx ZEC/USDC | +0.0190% | 1h | 1,467.2 | −0.082% | $844K | $1.3M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.0193% | 1h | 1,468.8 | +0.028% | $2.4M | $3.8M | 15x | as long as short |
| Lighter RH ZEC | +0.0400% | 1h | 1,470.4 | +0.140% | $2.0M | $8.3M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTX | +0.0424% | 1h | 1,468.7 | +0.022% | $3.7M | $11.6M | 50x | as long as short |
| Arcus ZEC-USD | +0.0444% | 1h | 1,467.6 | −0.052% | $726K | $8.2M | 10x | as long as short |
| Aftermath Perps ZECUSD | +0.0564% | 1h | 1,465.3 | −0.210% | $41K | $34K | 10x | as long as short |
Perpl ZEC
gTrade (Gains Network) ZEC/USD
Orderly PERP_ZEC_USDC
GMX ZEC/USD [WBTC.b-USDC]
Gate ZEC_USDT
OKX ZEC-USDT-SWAP
01 Exchange ZECUSD
ApeX Omni ZECUSDT
Phoenix ZEC
Popdex ZECUSDT
Katana Perps ZEC-USD
Paradex ZEC-USD-PERP
Nado ZEC-PERP
Hyperliquid ZEC
Aster ZECUSDT
Pacifica ZEC
Binance ZECUSDT
MEXC ZEC_USDT
KuCoin ZECUSDTM
BingX ZEC-USDT
edgeX ZECUSDC
GRVT ZEC_USDT_Perp
StandX ZEC-USD
Polymarket Perps ZEC-USD
Bullet ZEC-USD
Derive ZEC-PERP
SunX ZEC-USDT
SoDEX ZEC-USD
HTX ZEC-USDT
Extended ZEC-USD
Aevo ZEC-PERP
Deribit ZEC_USDC-PERPETUAL
Lighter ZEC
RISEx ZEC/USDC
Backpack ZEC_USDC_PERP
Lighter RH ZEC
Coinbase International ZEC-PERP-INTX
Arcus ZEC-USD
Aftermath Perps ZECUSD