ArbiLayer

ZEC arbitrage

live

Live Zcash price differences between exchanges: perpetual, spot and DEX spreads after fees, with funding and depth.

Best net spread-0.02%Variational → Hyperliquid · Perp–Perp
Best perp–perp spread+0.14%Variational → Hyperliquid
Markets tracked1711 venues · 11 perp · 6 spot · 0 DEX
Price range0.17%$1,316.70 – $1,318.95

Spreads between exchanges

Long (buy)Short (sell)SpreadNetSpread+FDepth $Funding 24hFunding 30DD/WChart
Bitget logoBitgetspot$1,318.39KuCoin logoKuCoinspot$1,318.73 +0.03%-0.17% +0.03%— 0.000%— LS Chart →
Binance logoBinancespot$1,318.51KuCoin logoKuCoinspot$1,318.73 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
OKX logoOKXspot$1,318.52KuCoin logoKuCoinspot$1,318.73 +0.02%-0.18% +0.02%— 0.000%— LS Chart →
Bitget logoBitgetspot$1,318.39Gate logoGatespot$1,318.57 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Bitget logoBitgetspot$1,318.39Binance logoBinancespot$1,318.50 +0.01%-0.19% +0.01%— 0.000%— LS Chart →
Binance logoBinancespot$1,318.51Gate logoGatespot$1,318.57 +0.00%-0.20% +0.00%— 0.000%— LS Chart →
OKX logoOKXspot$1,318.52Gate logoGatespot$1,318.57 +0.00%-0.20% +0.00%— 0.000%— LS Chart →
OKX logoOKXspot$1,318.52Binance logoBinancespot$1,318.50 -0.00%-0.20% -0.00%— 0.000%— LS Chart →
Gate logoGatespot$1,318.84KuCoin logoKuCoinspot$1,318.73 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Bitget logoBitgetspot$1,318.39MEXC logoMEXCspot$1,318.26 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
MEXC logoMEXCspot$1,318.88KuCoin logoKuCoinspot$1,318.73 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$1,318.76Gate logoGatespot$1,318.57 -0.01%-0.21% -0.01%— 0.000%— LS Chart →
Binance logoBinancespot$1,318.51MEXC logoMEXCspot$1,318.26 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
KuCoin logoKuCoinspot$1,318.76Binance logoBinancespot$1,318.50 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
OKX logoOKXspot$1,318.52MEXC logoMEXCspot$1,318.26 -0.02%-0.22% -0.02%— 0.000%— LS Chart →
Long = where you buy, Short = where you sell. Net subtracts a two-leg taker fee model; Spread+F adds the next funding payment.Updates every 15 seconds. Not investment advice.

ZEC price on every exchange

ExchangeMarketBidAskPricevs medianFunding 24hVolume 24h
MEXC logoMEXCPerpetual · ZEC_USDTPerpetual $1,318.04$1,318.05$1,318.05-0.02% +0.010%$1.19B
OKX logoOKXPerpetual · ZEC-USDT-SWAPPerpetual $1,317.80$1,317.81$1,317.80-0.04% +0.030%$1.01B
Bybit logoBybitPerpetual · ZECUSDTPerpetual $1,318.49$1,318.50$1,318.50+0.01% +0.030%$369.10M
Hyperliquid logoHyperliquidPerpetual · ZECPerpetual $1,318.90$1,319.00$1,318.95+0.05% +0.030%$316.86M
Bitget logoBitgetPerpetual · ZECUSDTPerpetual $1,318.78$1,318.79$1,318.78+0.03% +0.030%$212.23M
KuCoin logoKuCoinPerpetual · ZECUSDTMPerpetual $1,317.73$1,318.08$1,317.91-0.03% +0.021%$65.06M
OKX logoOKXSpot · ZEC-USDTSpot $1,318.13$1,318.52$1,318.330.00% —$41.00M
KuCoin logoKuCoinSpot · ZEC-USDTSpot $1,318.73$1,318.76$1,318.74+0.03% —$37.10M
Variational logoVariationalPerpetual · ZECPerpetual $1,316.33$1,317.07$1,316.70-0.12% +0.030%$30.30M
HTX logoHTXPerpetual · ZEC-USDTPerpetual $1,318.79$1,319.00$1,318.90+0.04% +0.030%$23.76M
Gate logoGateSpot · ZEC_USDTSpot $1,318.57$1,318.84$1,318.71+0.03% —$16.70M
Bitget logoBitgetSpot · ZECUSDTSpot $1,318.04$1,318.39$1,318.22-0.01% —$13.74M
Gate logoGatePerpetual · ZEC_USDTPerpetual $1,318.10$1,318.13$1,318.12-0.02% +0.030%$13.30M
Binance logoBinancePerpetual · ZECUSDTPerpetual $1,318.04$1,318.05$1,318.05-0.02% +0.010%—
Aster logoAsterPerpetual · ZECUSDTPerpetual $1,318.21$1,318.24$1,318.23-0.01% +0.028%—
Binance logoBinanceSpot · ZECUSDTSpot $1,318.50$1,318.51$1,318.51+0.01% ——
MEXC logoMEXCSpot · ZECUSDTSpot $1,318.26$1,318.88$1,318.57+0.02% ——
Price is the bid/ask midpoint. "vs median" compares each market with the median of all centralized venues.

ZEC arbitrage explained

Right now Zcash (ZEC) trades on 11 venues we scan: 11 perpetual markets, 6 spot markets and 0 DEX pools. The lowest ask is on Variational perp at $1,317.07 and the highest bid on Hyperliquid perp at $1,318.90.

The widest ZEC perpetual spread is between Variational and Hyperliquid: long ZEC on Variational at $1,317.07 and short on Hyperliquid at $1,318.90 for +0.14% gross, or -0.02% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.000% per day, which the position collects while it is open.

For a spot–perpetual (cash-and-carry) trade, the best ZEC route is to buy spot on Bitget and short the perpetual on Hyperliquid: +0.04% gross, -0.16% net, with +0.030% a day of funding on the short leg.

Spot–spot ZEC arbitrage (buy on Bitget, withdraw, deposit and sell on KuCoin) shows +0.03% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.

Small ZEC gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.

Related: ZEC funding rates · ZEC spread charts · Zcash price · arbitrage scanner for all coins.

Is there a ZEC arbitrage opportunity right now?

The best ZEC route right now is to buy on Variational → sell on Hyperliquid (Perp–Perp): +0.14% gross and -0.02% after fees. After fees it is not profitable, which is normal for liquid coins.

Which exchange has the cheapest ZEC?

Variational (perp) has the lowest ZEC ask at $1,317.07, and Hyperliquid (perp) the highest bid at $1,318.90. Prices update every 15 seconds on this page.

How many exchanges list ZEC?

ArbiLayer tracks 17 ZEC markets on 11 venues: 11 perpetual, 6 spot and 0 DEX pools.

How do I arbitrage ZEC without transferring coins?

Use two perpetual contracts: go long ZEC on the cheaper exchange (Variational now) and short it on the more expensive one (Hyperliquid), then close both legs when the spread converges. The coins never move between exchanges.

Arbitrage for other coins

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