After costs, if the gap returns to its 7d average, $10k−$4
spread now+0.355%7d average+0.023%fees + slippage, in and out−$37spread needed0.371%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ZEC | 1,485.6 | −0.0004 | get 0.0000% / 1h | 30m 14s | $4.7M | $1.7M | 10x |
| Short | Coinbase International ZEC-PERP-INTX | 1,490.9 | 0.0360 | get 0.0045% / 1h | 30m 14s | $3.9M | $13.2M | 50x |
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
- $35.54
- Funding while held
- $10.91
- Slippage, 4 orders
- −$20.09
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $9.37
- Spread needed to break even
- 0.371%
Slippage from Phoenix: live order book, 5 min ago; Coinbase International: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0364%
- Per $10,000 a day
- +$10.91
- 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 Phoenix live order book, 5 min ago | 1.48 bp | 6.1 bp −$6 | 13.4 bp −$134 | 89.2 bp −$8,920 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 1.95 bp | 14.4 bp −$14 | 17.9 bp −$179 | 45.3 bp −$4,534 | doesn't fit |
ZEC price on every exchange
against the cheapest. Click to use as the short leg.ZEC on 50 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ZEC | −0.150% | −0.0136% | 8h | $48.1M | $32.4M | — | as long as short |
| Ondo Perps ZEC-USD.P | −0.149% | −0.0083% | 1h | $404K | $642K | 5x | as long as short |
| Bulk ZEC-USD | −0.115% | −0.0137% | 1h | $914K | $47K | 10x | as long as short |
| StandX ZEC-USD | −0.098% | +0.0100% | 1h | $112K | $4.3M | 30x | as long as short |
| edgeX ZECUSDC | −0.054% | +0.0100% | 4h | $500K | $10.7M | 20x | as long as short |
| Hotstuff ZEC-PERP | −0.053% | −0.0080% | 1h | $6K | $2K | 10x | as long as short |
| Aftermath Perps ZECUSD | −0.001% | +0.0466% | 1h | $40K | $34K | 10x | as long as short |
| Phoenix ZEClong | 0.000% | −0.0004% | 1h | $4.7M | $1.7M | 10x | |
| ApeX Omni ZECUSDT | +0.003% | −0.0276% | 1h | $970K | $463K | 50x | as long as short |
| Injective ZEC/USDC PERP | +0.062% | −0.3658% | 1h | $34K | $13K | 12x | as long as short |
Show all 50 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps ZEC-USD | +0.107% | +0.0100% | 1h | $304K | $3.1M | 10x | as long as short |
| BloFin ZEC-USDT | +0.112% | −0.0113% | 8h | $30.8M | $82.4M | 75x | as long as short |
| dYdX ZEC-USD | +0.123% | 0.0000% | 1h | $419K | $108K | 5x | as long as short |
| Popdex ZECUSDT | +0.130% | +0.0096% | 1h | $174K | $2.2M | 50x | as long as short |
| Perpl ZEC | +0.130% | 0.0000% | 43m | $78K | $416K | 10x | as long as short |
| Paradex ZEC-USD-PERP | +0.133% | +0.0096% | 8h | $61K | $38K | 10x | as long as short |
| Katana Perps ZEC-USD | +0.135% | +0.0078% | 8h | $16K | $910K | 10x | as long as short |
| Derive ZEC-PERP | +0.137% | +0.0100% | 1h | $452K | $528K | 6.7x | as long as short |
| HTX ZEC-USDT | +0.148% | +0.0100% | 8h | $2.5M | $30.7M | 75x | as long as short |
| Aster ZECUSDT | +0.150% | −0.0025% | 8h | $15.0M | $37.6M | 75x | as long as short |
| Arcus ZEC-USD | +0.151% | +0.0231% | 1h | $706K | $7.1M | 10x | as long as short |
| Backpack ZEC_USDC_PERP | +0.159% | +0.0211% | 1h | $2.3M | $3.8M | 15x | as long as short |
| OKX ZEC-USDT-SWAP | +0.168% | −0.0013% | 8h | $179.1M | $1.59B | 50x | as long as short |
| Bybit ZECUSDT | +0.174% | −0.0240% | 8h | $278.3M | $770.5M | 75x | as long as short |
| Pacifica ZEC | +0.175% | +0.0100% | 1h | $1.7M | $3.6M | 10x | as long as short |
| Hyperliquid ZEC | +0.181% | +0.0100% | 1h | $783.7M | $645.7M | 10x | as long as short |
| RISEx ZEC/USDC | +0.181% | +0.0072% | 1h | $832K | $2.7M | 10x | as long as short |
| BingX ZEC-USDT | +0.183% | +0.0086% | 8h | — | $129.4M | — | as long as short |
| Gate ZEC_USDT | +0.191% | −0.0081% | 8h | $51.2M | $210.9M | 75x | as long as short |
| KuCoin ZECUSDTM | +0.191% | +0.0100% | 8h | $104.6M | $67.6M | 75x | as long as short |
| Aevo ZEC-PERP | +0.191% | +0.0080% | 1h | $39K | $366K | 20x | as long as short |
| Bullet ZEC-USD | +0.195% | +0.0100% | 1h | $130K | $166K | 20x | as long as short |
| Orderly PERP_ZEC_USDC | +0.195% | −0.0019% | 8h | $293K | $1.8M | 20x | as long as short |
| SoDEX ZEC-USD | +0.195% | +0.0043% | 1h | $226K | $5.6M | 10x | as long as short |
| 01 Exchange ZECUSD | +0.197% | +0.0008% | 1h | $9K | $11K | 5x | as long as short |
| Kalshi KXZECPERP | +0.197% | 0.0000% | 8h | $994K | $6.3M | 2.2x | as long as short |
| MEXC ZEC_USDT | +0.199% | +0.0006% | 8h | $226.1M | $996.6M | 150x | as long as short |
| Nado ZEC-PERP | +0.200% | +0.0100% | 1h | $3.1M | $7.7M | 10x | as long as short |
| Binance ZECUSDT | +0.209% | +0.0006% | 8h | $682.0M | $2.85B | 75x | as long as short |
| Bitget ZECUSDT | +0.215% | +0.0090% | 8h | $169.8M | $345.2M | 75x | as long as short |
| Kraken Futures PF_ZECUSD | +0.218% | −0.0786% | 1h | $18.1M | $48.1M | 25x | as long as short |
| Phemex ZECUSDT | +0.229% | +0.0100% | 8h | $3.8M | $6.5M | 50x | as long as short |
| Extended ZEC-USD | +0.248% | +0.0104% | 1h | $3.3M | $4.8M | 10x | as long as short |
| gTrade (Gains Network) ZEC/USD | +0.256% | L +0.0007% / S −0.0006% | 1h | $5.3M | — | 150x | as long as short |
| GMX ZEC/USD [WBTC.b-USDC] | +0.265% | L +0.0093% / S +0.0016% | 1h | $583K | — | 100x | as long as short |
| Deribit ZEC_USDC-PERPETUAL | +0.302% | +0.0107% | 1h | $583K | $1.4M | 25x | as long as short |
| Lighter ZEC | +0.305% | +0.0096% | 1h | $19.3M | $62.1M | 20x | as long as short |
| Lighter RH ZEC | +0.328% | +0.0216% | 1h | $1.8M | $7.9M | 10x | as long as short |
| Coinbase International ZEC-PERP-INTXshort | +0.355% | +0.0360% | 1h | $3.9M | $13.2M | 50x | |
| SunX ZEC-USDT | +0.464% | +0.0100% | 8h | $3K | $1.4M | 20x | as long as short |
Phoenix ZEC
Coinbase International ZEC-PERP-INTX
Variational Omni
Bulk
StandX
ApeX Omni
Injective
Polymarket Perps
BloFin
Popdex
Paradex
Katana Perps
Derive
HTX
Aster
Backpack
OKX
Bybit
Pacifica
Hyperliquid
RISEx
BingX
Gate
KuCoin
Bullet
SoDEX
MEXC
Binance
Bitget
Kraken Futures
Phemex
Extended
gTrade (Gains Network)
GMX
Deribit
Lighter
Lighter RH
SunX