# ZEC Arbitrage: Live Price Spreads Across Exchanges

As of 2026-10-03 17:25 UTC, ArbTide tracks ZEC spot and perpetual prices across exchanges. On spot markets, you can buy ZEC on Bitfinex at 1,295 and sell on Binance at 1,307.81, a 0.69% net spread after 0.30% in taker fees. On perpetual markets, you can buy ZEC on XT.COM at 1,306.51 and sell on HTX at 1,310, a 0.05% net spread after 0.22% in taker fees.

## Spot prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| Bitfinex | [ZEC/USD](https://trading.bitfinex.com/t/ZECUSD) | 1,293.2 | 1,295 | 0.139% | $375.2K | 0.200% |
| MEXC | [ZEC/USDT](https://www.mexc.com/exchange/ZEC_USDT) | 1,305.75 | 1,306.42 | 0.051% | $3.1M | 0.050% |
| Kraken | [ZEC/USD](https://pro.kraken.com/app/trade/zec-usd) | 1,306.89 | 1,306.9 | 0.001% | $23.3M | 0.260% |
| KuCoin | [ZEC/USDT](https://www.kucoin.com/trade/ZEC-USDT) | 1,307.168 | 1,307.358 | 0.015% | $59.2M | 0.100% |
| Backpack | [ZEC/USDC](https://backpack.exchange/trade/ZEC_USDC) | 1,307.44 | 1,307.45 | 0.001% | $100.6K | 0.100% |
| XT.COM | [ZEC/USDT](https://www.xt.com/en/trade/zec_usdt) | 1,307.5 | 1,307.51 | 0.001% | $17.8M | 0.200% |
| LBank | [ZEC/USDT](https://www.lbank.com/trade/zec_usdt) | 1,307.48 | 1,307.53 | 0.004% | $26.6M | 0.100% |
| WEEX | [ZEC/USDT](https://www.weex.com/spot/ZEC-USDT) | 1,307.54 | 1,307.56 | 0.002% | $1.9M | 0.000% |
| OKX | [ZEC/USDT](https://www.okx.com/trade-spot/zec-usdt) | 1,307.33 | 1,307.68 | 0.027% | $49.4M | 0.150% |
| Bitstamp | [ZEC/USD](https://www.bitstamp.net/markets/zec/usd/) | 1,306.68 | 1,307.7 | 0.078% | $1.8M | 0.400% |
| Gate | [ZEC/USDT](https://www.gate.com/trade/ZEC_USDT) | 1,307.6 | 1,307.71 | 0.008% | $19.7M | 0.200% |
| Toobit | [ZEC/USDT](https://www.toobit.com/en-US/spot/ZEC_USDT) | 1,307.76 | 1,307.78 | 0.002% | $30.9M | 0.100% |
| Bitget | [ZEC/USDT](https://www.bitget.com/spot/ZECUSDT) | 1,307.55 | 1,307.81 | 0.020% | $17.5M | 0.200% |
| Binance | [ZEC/USDT](https://www.binance.com/en/trade/ZEC_USDT?type=spot) | 1,307.81 | 1,307.82 | 0.001% | $122.8M | 0.100% |
| HTX | [ZEC/USDT](https://www.htx.com/trade/zec_usdt) | 1,306.41 | 1,307.97 | 0.119% | $1.4M | 0.200% |
| BingX | [ZEC/USDT](https://bingx.com/en/spot/ZECUSDT) | 1,307.62 | 1,308.01 | 0.030% | $5M | 0.100% |
| HitBTC | ZEC/USDT | 1,307.2021 | 1,308.125 | 0.071% | $289.6 | 0.250% |
| WhiteBIT | ZEC/USDT | 1,307.07 | 1,308.39 | 0.101% | $9.1M | 0.100% |
| BigONE | [ZEC/USDT](https://big.one/en/trade/ZEC-USDT) | 1,306.35 | 1,309.65 | 0.252% | $1M | 0.100% |

### Spot net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | Binance | Toobit | BingX | Gate | Bitget | WEEX | XT.COM | LBank | Backpack | OKX | HitBTC | KuCoin | WhiteBIT | Kraken | Bitstamp | HTX | BigONE | MEXC | Bitfinex |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Bitfinex | +0.69% | +0.69% | +0.67% | +0.57% | +0.57% | +0.77% | +0.57% | +0.66% | +0.66% | +0.60% | +0.49% | +0.64% | +0.63% | +0.46% | +0.30% | +0.48% | +0.58% | +0.58% | — |
| MEXC | -0.04% | -0.05% | -0.06% | -0.16% | -0.16% | +0.04% | -0.17% | -0.07% | -0.07% | -0.13% | -0.24% | -0.09% | -0.10% | -0.27% | -0.43% | -0.25% | -0.16% | — | -1.26% |
| Kraken | -0.29% | -0.29% | -0.30% | -0.41% | -0.41% | -0.21% | -0.41% | -0.32% | -0.32% | -0.38% | -0.49% | -0.34% | -0.35% | — | -0.68% | -0.50% | -0.40% | -0.40% | -1.51% |
| KuCoin | -0.17% | -0.17% | -0.18% | -0.28% | -0.29% | -0.09% | -0.29% | -0.19% | -0.19% | -0.25% | -0.36% | — | -0.22% | -0.40% | -0.55% | -0.37% | -0.28% | -0.27% | -1.38% |
| Backpack | -0.17% | -0.18% | -0.19% | -0.29% | -0.29% | -0.09% | -0.30% | -0.20% | — | -0.26% | -0.37% | -0.22% | -0.23% | -0.40% | -0.56% | -0.38% | -0.28% | -0.28% | -1.39% |
| XT.COM | -0.28% | -0.28% | -0.29% | -0.39% | -0.40% | -0.20% | — | -0.30% | -0.31% | -0.36% | -0.47% | -0.33% | -0.33% | -0.51% | -0.66% | -0.48% | -0.39% | -0.38% | -1.49% |
| LBank | -0.18% | -0.18% | -0.19% | -0.29% | -0.30% | -0.10% | -0.30% | — | -0.21% | -0.27% | -0.38% | -0.23% | -0.24% | -0.41% | -0.57% | -0.39% | -0.29% | -0.29% | -1.40% |
| WEEX | -0.08% | -0.08% | -0.10% | -0.20% | -0.20% | — | -0.20% | -0.11% | -0.11% | -0.17% | -0.28% | -0.13% | -0.14% | -0.31% | -0.47% | -0.29% | -0.19% | -0.19% | -1.30% |
| OKX | -0.24% | -0.24% | -0.25% | -0.36% | -0.36% | -0.16% | -0.36% | -0.27% | -0.27% | — | -0.44% | -0.29% | -0.30% | -0.47% | -0.63% | -0.45% | -0.35% | -0.35% | -1.46% |
| Bitstamp | -0.49% | -0.50% | -0.51% | -0.61% | -0.61% | -0.41% | -0.62% | -0.52% | -0.52% | -0.58% | -0.69% | -0.54% | -0.55% | -0.72% | — | -0.70% | -0.60% | -0.60% | -1.71% |
| Gate | -0.29% | -0.30% | -0.31% | — | -0.41% | -0.21% | -0.42% | -0.32% | -0.32% | -0.38% | -0.49% | -0.34% | -0.35% | -0.52% | -0.68% | -0.50% | -0.40% | -0.40% | -1.51% |
| Toobit | -0.20% | — | -0.21% | -0.31% | -0.32% | -0.12% | -0.32% | -0.22% | -0.23% | -0.28% | -0.39% | -0.25% | -0.25% | -0.43% | -0.58% | -0.40% | -0.31% | -0.31% | -1.41% |
| Bitget | -0.30% | -0.30% | -0.31% | -0.42% | — | -0.22% | -0.42% | -0.33% | -0.33% | -0.39% | -0.50% | -0.35% | -0.36% | -0.53% | -0.69% | -0.51% | -0.41% | -0.41% | -1.52% |
| Binance | — | -0.20% | -0.22% | -0.32% | -0.32% | -0.12% | -0.32% | -0.23% | -0.23% | -0.29% | -0.40% | -0.25% | -0.26% | -0.43% | -0.59% | -0.41% | -0.31% | -0.31% | -1.42% |
| HTX | -0.31% | -0.32% | -0.33% | -0.43% | -0.43% | -0.23% | -0.44% | -0.34% | -0.34% | -0.40% | -0.51% | -0.36% | -0.37% | -0.54% | -0.70% | — | -0.42% | -0.42% | -1.53% |
| BingX | -0.22% | -0.22% | — | -0.33% | -0.34% | -0.14% | -0.34% | -0.24% | -0.24% | -0.30% | -0.41% | -0.26% | -0.27% | -0.45% | -0.60% | -0.42% | -0.33% | -0.32% | -1.43% |
| HitBTC | -0.37% | -0.38% | -0.39% | -0.49% | -0.49% | -0.29% | -0.50% | -0.40% | -0.40% | -0.46% | — | -0.42% | -0.43% | -0.60% | -0.76% | -0.58% | -0.49% | -0.48% | -1.59% |
| WhiteBIT | -0.24% | -0.25% | -0.26% | -0.36% | -0.36% | -0.16% | -0.37% | -0.27% | -0.27% | -0.33% | -0.44% | -0.29% | — | -0.47% | -0.63% | -0.45% | -0.36% | -0.35% | -1.46% |
| BigONE | -0.34% | -0.34% | -0.36% | -0.46% | -0.46% | -0.26% | -0.46% | -0.37% | -0.37% | -0.43% | -0.54% | -0.39% | -0.40% | -0.57% | -0.73% | -0.55% | — | -0.45% | -1.56% |

## Perpetual prices by exchange

| Exchange | Market | Bid | Ask | Book spread | 24h volume | Taker fee |
| --- | --- | --- | --- | --- | --- | --- |
| XT.COM | [ZEC/USDT:USDT](https://www.xt.com/en/futures/trade/zec_usdt) | 1,306.11 | 1,306.51 | 0.031% | $126.8M | 0.060% |
| Backpack | [ZEC/USDC:USDC](https://backpack.exchange/trade/ZEC_USDC_PERP) | 1,307.15 | 1,307.16 | 0.001% | $1.9M | 0.100% |
| Bybit | [ZEC/USDT:USDT](https://www.bybit.com/trade/usdt/ZECUSDT) | 1,307.25 | 1,307.26 | 0.001% | $285.1M | 0.060% |
| Binance | [ZEC/USDT:USDT](https://www.binance.com/en/futures/ZECUSDT) | 1,307.32 | 1,307.33 | 0.001% | $1.3B | 0.050% |
| OKX | [ZEC/USDT:USDT](https://www.okx.com/trade-swap/zec-usdt-swap) | 1,307.41 | 1,307.42 | 0.001% | $844.1M | 0.050% |
| WOOFi Pro | [ZEC/USDC:USDC](https://pro.woofi.com/en/trade/ZEC_PERP) | 1,307.1 | 1,307.47 | 0.028% | $1.5M | 0.050% |
| MEXC | [ZEC/USDT:USDT](https://www.mexc.com/futures/ZEC_USDT) | 1,307.48 | 1,307.49 | 0.001% | $773.2M | 0.000% |
| LBank | [ZEC/USDT:USDT](https://www.lbank.com/futures/zecusdt) | 1,307.48 | 1,307.49 | 0.001% | $228.5M | 0.100% |
| WEEX | [ZEC/USDT:USDT](https://www.weex.com/futures/ZEC-USDT) | 1,307.47 | 1,307.49 | 0.002% | $174.8M | 0.080% |
| Toobit | [ZEC/USDT:USDT](https://www.toobit.com/en-US/futures/ZEC-SWAP-USDT) | 1,307.48 | 1,307.49 | 0.001% | $48M | 0.100% |
| BingX | [ZEC/USDT:USDT](https://bingx.com/en/perpetual/ZEC-USDT) | 1,307.49 | 1,307.5 | 0.001% | $55.6M | 0.050% |
| Gate | [ZEC/USDT:USDT](https://www.gate.com/futures/USDT/ZEC_USDT) | 1,307.57 | 1,307.58 | 0.001% | $141.6M | 0.050% |
| KuCoin | [ZEC/USDT:USDT](https://www.kucoin.com/trade/futures/ZECUSDTM) | 1,307.49 | 1,307.59 | 0.008% | $60.5M | 0.060% |
| Kraken | [ZEC/USD:USD](https://pro.kraken.com/app/trade/futures-zec-usd-perp) | 1,307.17 | 1,307.7 | 0.041% | $20M | 0.050% |
| Pacifica | [ZEC/USDC:USDC](https://app.pacifica.fi/trade/ZEC) | 1,307.69 | 1,307.76 | 0.005% | $2.9M | 0.040% |
| Extended | [ZEC/USDC:USDC](https://app.extended.exchange/perp/ZEC-USD) | 1,307.88 | 1,307.881 | 0.000% | $2.7M | 0.200% |
| BTSE | [ZEC/USDT:USDT](https://www.btse.com/en/futures/ZEC-PERP) | 1,307.08 | 1,307.89 | 0.062% | $9.3M | 0.055% |
| Hyperliquid | [ZEC/USDC:USDC](https://app.hyperliquid.xyz/trade/ZEC) | 1,307.9 | 1,308 | 0.008% | $261.4M | 0.045% |
| Deepcoin | [ZEC/USDT:USDT](https://www.deepcoin.com/en/swap/ZEC-USDT) | 1,307.19 | 1,308.1 | 0.070% | $13M | 0.150% |
| Paradex | [ZEC/USD:USDC](https://app.paradex.trade/trade/ZEC-USD-PERP) | 1,307.01 | 1,308.149 | 0.087% | $38.2K | 0.030% |
| WhiteBIT | [ZEC/USDT:USDT](https://whitebit.com/trade/ZEC-PERP?type=futures) | 1,304.38 | 1,308.33 | 0.302% | $171.7M | 0.055% |
| Bitget | [ZEC/USDT:USDT](https://www.bitget.com/futures/usdt/ZECUSDT) | 1,308.39 | 1,308.4 | 0.001% | $190.7M | 0.060% |
| Lighter | [ZEC/USDC:USDC](https://app.lighter.xyz/trade/ZEC) | 1,308.548 | 1,308.657 | 0.008% | $25.3M | 0.000% |
| Aster | [ZEC/USDT:USDT](https://www.asterdex.com/en/trade/pro/futures/ZECUSDT) | 1,309.03 | 1,309.24 | 0.016% | $15.3M | 0.035% |
| HitBTC | ZEC/USDT:USDT | 1,306.45 | 1,309.53 | 0.235% | — | 0.070% |
| HTX | [ZEC/USDT:USDT](https://www.htx.com/futures/linear_swap/exchange#contract_code=ZEC-USDT&contract_type=swap&type=cross) | 1,310 | 1,310.4 | 0.031% | $1M | 0.050% |
| Bitfinex | [ZEC/USDT:USDT](https://trading.bitfinex.com/t/ZECF0:USTF0) | 1,308.1 | 1,310.5 | 0.183% | $86.6K | 0.200% |
| dYdX | [ZEC/USDC:USDC](https://dydx.trade/trade/ZEC-USD) | 1,305.58 | 1,311.47 | 0.449% | $164.7K | 0.050% |

### Perpetual net spread for every exchange pair

Rows are where you buy at the ask, columns are where you sell at the bid; figures are after taker fees on every fill.

| Buy on ↓, sell on → | HTX | Aster | Lighter | Bitget | Bitfinex | Hyperliquid | Extended | Pacifica | Gate | BingX | KuCoin | MEXC | LBank | Toobit | WEEX | OKX | Binance | Bybit | Deepcoin | Kraken | Backpack | WOOFi Pro | BTSE | Paradex | HitBTC | XT.COM | dYdX | WhiteBIT |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XT.COM | +0.05% | +0.00% | +0.04% | -0.10% | -0.40% | -0.10% | -0.42% | -0.11% | -0.14% | -0.14% | -0.16% | -0.05% | -0.25% | -0.25% | -0.21% | -0.15% | -0.16% | -0.18% | -0.37% | -0.17% | -0.27% | -0.17% | -0.19% | -0.14% | -0.26% | — | -0.29% | -0.39% |
| Backpack | -0.08% | -0.13% | -0.09% | -0.23% | -0.53% | -0.23% | -0.54% | -0.24% | -0.27% | -0.27% | -0.29% | -0.18% | -0.38% | -0.38% | -0.34% | -0.28% | -0.29% | -0.31% | -0.50% | -0.30% | — | -0.30% | -0.32% | -0.27% | -0.39% | -0.40% | -0.42% | -0.52% |
| Bybit | -0.01% | -0.05% | -0.02% | -0.15% | -0.46% | -0.16% | -0.47% | -0.17% | -0.20% | -0.20% | -0.22% | -0.10% | -0.30% | -0.30% | -0.26% | -0.21% | -0.22% | — | -0.43% | -0.23% | -0.33% | -0.23% | -0.24% | -0.20% | -0.32% | -0.33% | -0.35% | -0.45% |
| Binance | +0.00% | -0.04% | -0.01% | -0.14% | -0.44% | -0.15% | -0.46% | -0.15% | -0.18% | -0.19% | -0.21% | -0.09% | -0.29% | -0.29% | -0.25% | -0.19% | — | -0.23% | -0.41% | -0.21% | -0.31% | -0.22% | -0.23% | -0.18% | -0.31% | -0.31% | -0.33% | -0.44% |
| OKX | 0.00% | -0.05% | -0.01% | -0.15% | -0.45% | -0.15% | -0.46% | -0.16% | -0.19% | -0.19% | -0.21% | -0.10% | -0.30% | -0.30% | -0.26% | — | -0.21% | -0.23% | -0.42% | -0.22% | -0.32% | -0.22% | -0.24% | -0.19% | -0.31% | -0.32% | -0.34% | -0.44% |
| WOOFi Pro | -0.01% | -0.05% | -0.02% | -0.15% | -0.45% | -0.16% | -0.47% | -0.16% | -0.19% | -0.20% | -0.22% | -0.10% | -0.30% | -0.30% | -0.26% | -0.20% | -0.21% | -0.24% | -0.42% | -0.22% | -0.32% | — | -0.24% | -0.20% | -0.32% | -0.32% | -0.34% | -0.45% |
| MEXC | +0.09% | +0.05% | +0.08% | -0.05% | -0.35% | -0.06% | -0.37% | -0.06% | -0.09% | -0.10% | -0.12% | — | -0.20% | -0.20% | -0.16% | -0.11% | -0.11% | -0.14% | -0.32% | -0.12% | -0.23% | -0.13% | -0.14% | -0.10% | -0.22% | -0.23% | -0.25% | -0.35% |
| LBank | -0.11% | -0.15% | -0.12% | -0.25% | -0.55% | -0.26% | -0.57% | -0.26% | -0.29% | -0.30% | -0.32% | -0.20% | — | -0.40% | -0.36% | -0.31% | -0.31% | -0.34% | -0.52% | -0.32% | -0.43% | -0.33% | -0.34% | -0.30% | -0.42% | -0.43% | -0.45% | -0.55% |
| WEEX | -0.07% | -0.11% | -0.08% | -0.21% | -0.51% | -0.22% | -0.53% | -0.22% | -0.25% | -0.26% | -0.28% | -0.16% | -0.36% | -0.36% | — | -0.27% | -0.27% | -0.30% | -0.48% | -0.28% | -0.39% | -0.29% | -0.30% | -0.26% | -0.38% | -0.39% | -0.41% | -0.51% |
| Toobit | -0.11% | -0.15% | -0.12% | -0.25% | -0.55% | -0.26% | -0.57% | -0.26% | -0.29% | -0.30% | -0.32% | -0.20% | -0.40% | — | -0.36% | -0.31% | -0.31% | -0.34% | -0.52% | -0.32% | -0.43% | -0.33% | -0.34% | -0.30% | -0.42% | -0.43% | -0.45% | -0.55% |
| BingX | -0.01% | -0.05% | -0.02% | -0.15% | -0.45% | -0.16% | -0.47% | -0.17% | -0.19% | — | -0.22% | -0.10% | -0.30% | -0.30% | -0.26% | -0.21% | -0.21% | -0.24% | -0.42% | -0.23% | -0.33% | -0.23% | -0.24% | -0.20% | -0.32% | -0.33% | -0.35% | -0.45% |
| Gate | -0.01% | -0.06% | -0.03% | -0.16% | -0.46% | -0.17% | -0.48% | -0.17% | — | -0.21% | -0.23% | -0.11% | -0.31% | -0.31% | -0.27% | -0.21% | -0.22% | -0.25% | -0.43% | -0.23% | -0.33% | -0.24% | -0.25% | -0.20% | -0.33% | -0.33% | -0.35% | -0.45% |
| KuCoin | -0.04% | -0.08% | -0.05% | -0.18% | -0.48% | -0.19% | -0.50% | -0.19% | -0.22% | -0.23% | — | -0.13% | -0.33% | -0.33% | -0.29% | -0.23% | -0.24% | -0.27% | -0.45% | -0.25% | -0.35% | -0.26% | -0.27% | -0.22% | -0.35% | -0.35% | -0.37% | -0.48% |
| Kraken | -0.02% | -0.07% | -0.04% | -0.17% | -0.47% | -0.17% | -0.49% | -0.18% | -0.21% | -0.22% | -0.24% | -0.12% | -0.32% | -0.32% | -0.28% | -0.22% | -0.23% | -0.25% | -0.44% | — | -0.34% | -0.25% | -0.26% | -0.21% | -0.34% | -0.34% | -0.36% | -0.46% |
| Pacifica | -0.01% | -0.05% | -0.02% | -0.15% | -0.45% | -0.16% | -0.47% | — | -0.19% | -0.20% | -0.22% | -0.10% | -0.30% | -0.30% | -0.26% | -0.21% | -0.21% | -0.24% | -0.42% | -0.23% | -0.33% | -0.23% | -0.24% | -0.20% | -0.32% | -0.33% | -0.35% | -0.45% |
| Extended | -0.34% | -0.38% | -0.35% | -0.48% | -0.78% | -0.49% | — | -0.49% | -0.52% | -0.53% | -0.55% | -0.43% | -0.63% | -0.63% | -0.59% | -0.54% | -0.54% | -0.57% | -0.75% | -0.55% | -0.66% | -0.56% | -0.57% | -0.53% | -0.65% | -0.66% | -0.68% | -0.78% |
| BTSE | -0.05% | -0.09% | -0.06% | -0.19% | -0.49% | -0.20% | -0.51% | -0.21% | -0.23% | -0.24% | -0.26% | -0.14% | -0.34% | -0.34% | -0.30% | -0.25% | -0.25% | -0.28% | -0.46% | -0.27% | -0.37% | -0.27% | — | -0.24% | -0.36% | -0.37% | -0.39% | -0.49% |
| Hyperliquid | -0.04% | -0.08% | -0.05% | -0.18% | -0.48% | — | -0.50% | -0.19% | -0.22% | -0.23% | -0.25% | -0.13% | -0.33% | -0.33% | -0.29% | -0.24% | -0.24% | -0.27% | -0.45% | -0.25% | -0.35% | -0.26% | -0.27% | -0.23% | -0.35% | -0.35% | -0.38% | -0.48% |
| Deepcoin | -0.25% | -0.30% | -0.27% | -0.40% | -0.70% | -0.41% | -0.72% | -0.41% | -0.44% | -0.45% | -0.47% | -0.35% | -0.55% | -0.55% | -0.51% | -0.45% | -0.46% | -0.48% | — | -0.47% | -0.57% | -0.48% | -0.49% | -0.44% | -0.57% | -0.57% | -0.59% | -0.69% |
| Paradex | -0.02% | -0.06% | -0.03% | -0.16% | -0.46% | -0.17% | -0.48% | -0.18% | -0.20% | -0.21% | -0.23% | -0.11% | -0.31% | -0.31% | -0.27% | -0.22% | -0.22% | -0.25% | -0.43% | -0.23% | -0.34% | -0.24% | -0.25% | — | -0.33% | -0.34% | -0.36% | -0.46% |
| WhiteBIT | -0.08% | -0.13% | -0.09% | -0.23% | -0.53% | -0.23% | -0.54% | -0.24% | -0.27% | -0.27% | -0.29% | -0.17% | -0.37% | -0.37% | -0.34% | -0.28% | -0.29% | -0.31% | -0.50% | -0.30% | -0.40% | -0.30% | -0.32% | -0.27% | -0.39% | -0.40% | -0.42% | — |
| Bitget | -0.10% | -0.14% | -0.11% | — | -0.54% | -0.25% | -0.56% | -0.25% | -0.28% | -0.29% | -0.31% | -0.19% | -0.39% | -0.39% | -0.35% | -0.30% | -0.30% | -0.33% | -0.51% | -0.31% | -0.42% | -0.32% | -0.33% | -0.29% | -0.41% | -0.42% | -0.44% | -0.54% |
| Lighter | +0.00% | -0.04% | — | -0.14% | -0.44% | -0.15% | -0.46% | -0.15% | -0.18% | -0.19% | -0.21% | -0.09% | -0.29% | -0.29% | -0.25% | -0.20% | -0.20% | -0.23% | -0.41% | -0.21% | -0.32% | -0.22% | -0.23% | -0.19% | -0.31% | -0.31% | -0.34% | -0.44% |
| Aster | -0.11% | — | -0.12% | -0.25% | -0.56% | -0.26% | -0.57% | -0.27% | -0.30% | -0.30% | -0.32% | -0.20% | -0.40% | -0.40% | -0.37% | -0.31% | -0.32% | -0.34% | -0.53% | -0.33% | -0.43% | -0.33% | -0.34% | -0.30% | -0.42% | -0.43% | -0.45% | -0.55% |
| HitBTC | -0.20% | -0.25% | -0.21% | -0.35% | -0.65% | -0.35% | -0.67% | -0.36% | -0.39% | -0.40% | -0.42% | -0.30% | -0.50% | -0.50% | -0.46% | -0.40% | -0.41% | -0.43% | -0.62% | -0.42% | -0.52% | -0.43% | -0.44% | -0.39% | — | -0.52% | -0.54% | -0.64% |
| HTX | — | -0.27% | -0.24% | -0.37% | -0.68% | -0.38% | -0.69% | -0.39% | -0.42% | -0.42% | -0.44% | -0.32% | -0.52% | -0.52% | -0.48% | -0.43% | -0.44% | -0.46% | -0.64% | -0.45% | -0.55% | -0.45% | -0.46% | -0.42% | -0.54% | -0.55% | -0.57% | -0.67% |
| Bitfinex | -0.54% | -0.58% | -0.55% | -0.68% | — | -0.69% | -1.00% | -0.69% | -0.72% | -0.73% | -0.75% | -0.63% | -0.83% | -0.83% | -0.79% | -0.74% | -0.74% | -0.77% | -0.95% | -0.75% | -0.86% | -0.76% | -0.77% | -0.73% | -0.85% | -0.85% | -0.88% | -0.98% |
| dYdX | -0.31% | -0.36% | -0.32% | -0.45% | -0.76% | -0.46% | -0.77% | -0.47% | -0.50% | -0.50% | -0.52% | -0.40% | -0.60% | -0.60% | -0.57% | -0.51% | -0.52% | -0.54% | -0.73% | -0.53% | -0.63% | -0.53% | -0.54% | -0.50% | -0.62% | -0.63% | — | -0.75% |

## Frequently asked questions

### Is there a ZEC arbitrage opportunity right now?

Yes. On spot markets, you can buy ZEC on Bitfinex at 1,295 and sell on Binance at 1,307.81, a 0.69% net spread after 0.30% in taker fees. On perpetual markets, you can buy ZEC on XT.COM at 1,306.51 and sell on HTX at 1,310, a 0.05% net spread after 0.22% in taker fees.

### Which exchange has the cheapest ZEC?

Lowest ask price: Spot: Bitfinex at 1,295; Perpetual: XT.COM at 1,306.51.

### How is the net spread calculated?

Net spread = (best bid on the sell exchange − best ask on the buy exchange) ÷ best ask − taker fees. Spot routes pay one taker fee per exchange. Perpetual routes pay two per exchange, to open and to close. Max profit is read from both order books, so it includes slippage, and spot routes also subtract the withdrawal fee.
