ZEC funding arbitrage: backpack vs phoenix
Long ZEC_USDC_PERP on backpack against short ZEC on phoenix.
| Side | Exchange | Symbol | Funding | Funding APR | 24h volume | Open interest |
|---|---|---|---|---|---|---|
| Long | backpack | ZEC_USDC_PERP | 0.0013% / 1h | +10.95% | $1.72M | $1.67M |
| Short | phoenix | ZEC | 0.0005% / 1h | +4.61% | $538.5K | $532.0K |
Funding spread -6.34% APR. Price spread +0.1642%.
Data generated at 2026-09-01T05:33:56Z. Live numbers load on this page automatically.