Settings8H · net · $10k
Funding arb · Price arb /

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: BingX against Polymarket Perps−0.146%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days+0.165%+$16 · spread now −0.146%, 7d avg −0.067%
Together, before fees+0.186%+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.079% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ZEC-USD1,469.80.0100pay 0.0013% / 1h2m 58s$344K$1.8M10x
ShortBingX ZEC-USDC1,467.70.0100get 0.0100% / 8h6h 02m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Polymarket Perps. 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

Funding earned
$0
Price spread: −0.146% → −0.067%
−$7.87
Slippage, 4 orders
−$12.27
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.15
Costs to cover
0.303%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 6 min ago2.05 bp6.0 bp −$610.0 bp −$10028.7 bp −$2,872doesn't fit
Sell BingX live order book, 5 min ago0.55 bp10.7 bp −$1115.8 bp −$15833.5 bp −$3,35580.9 bp −$40.4K

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective ZEC/USDC PERP−0.3678%1h1,452−1.210%$33K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6+0.051%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0037%1h1,464.8−0.340%$398K$501K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,469.3−0.037%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,469.7−0.007%$414K$50K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.3+0.031%$972K$4.7M2.2xas long as short
Perpl ZEC0.0000%43m1,469.4−0.028%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.7−0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0031%8h1,469.6−0.016%$293K$987K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,469.8−0.002%$384K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0056%1h1,470.3+0.031%$8K$8K5xas long as short
Phoenix ZEC+0.0070%1h1,466.6−0.217%$4.6M$1.5M10xas long as short
Variational Omni ZEC+0.0072%8h1,466.6−0.216%$47.9M$32.6Mas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,467.9−0.131%$181.0M$1.24B50xas long as short
Popdex ZECUSDT+0.0096%1h1,470+0.011%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.3−0.037%$17K$844K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.3+0.031%$61K$41K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.2+0.029%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.5−0.020%$765.4M$434.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.80.000%$14.8M$29.4M75xas long as short
Pacifica ZEC+0.0100%1h1,470.7+0.060%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.2−0.111%$678.5M$2.27B75xas long as short
Bybit ZECUSDT+0.0100%8h1,467.8−0.135%$271.4M$606.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,466.6−0.219%$890K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468.5−0.086%$50.2M$177.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.6−0.080%$216.4M$803.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.7−0.008%$103.3M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.1−0.118%$163.0M$276.6M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,467.7−0.146%$6.7M
edgeX ZECUSDC+0.0100%4h1,466−0.258%$570K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468.2−0.109%$3.0M$430K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.3−0.239%$426K$884K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.1+0.018%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDlong+0.0100%1h1,469.8long leg$344K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,469.7−0.008%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.3−0.103%$448K$512K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.2+0.162%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.6−0.014%$242K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469.6−0.012%$2.5M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,469.1−0.046%$3.9M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.7−0.007%$2.8M$7.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.8−0.003%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0184%1h1,470.5+0.047%$612K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,470.8+0.065%$19.2M$48.3M20xas long as short
Arcus ZEC-USD+0.0254%1h1,471.7+0.130%$692K$8.5M10xas long as short
Lighter RH ZEC+0.0296%1h1,470.6+0.053%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,470.7+0.063%$853K$1.0M10xas long as short
Backpack ZEC_USDC_PERP+0.0418%1h1,469.3−0.037%$2.4M$3.9M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,472.4+0.179%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSD+0.0731%1h1,470+0.017%$43K$46K10xas long as short