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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.011%
Price spread now: Bitget against Aevo−0.070%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.241%−$24 on $10k
Price spread, last 3 days (all we have)−0.139%−$14 · spread now −0.070%, 7d avg −0.012%
Together, before fees−0.380%−$38 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: Bitget is 0.057% cheaper against Aevo than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,472.60.0104pay 0.0013% / 1h43m 21s$76K$170K20x
ShortBitget ZECUSDT1,471.60.0100get 0.0100% / 8h7h 43m$163.7M$295.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aevo. 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
−$0.84
Price spread: −0.070% → −0.012%
−$5.74
Slippage, 4 orders
−$17.95
Fee Aevo: 8 bp × 2 orders
−$16
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$52.52
Costs to cover
0.459%
Break-even
never at this rate
Slippage from Aevo: live order book, 31 min ago; Bitget: live order book, 6 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 Aevo live order book, 31 min ago2.68 bp13.5 bp −$1324.6 bp −$24638.5 bp −$3,848doesn't fit
Sell Bitget live order book, 6 min ago0.03 bp7.7 bp −$811.4 bp −$114doesn't fitdoesn't fit

ZEC on 51 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−0.3321%1h1,475.3+0.183%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,472.4−0.019%$17.9M$43.2M25xas long as short
Ondo Perps ZEC-USD.P−0.0134%1h1,469.9−0.186%$400K$518K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,475.7+0.210%$29.7M$74.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1−0.035%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,473.5+0.058%$47.7M$34.4Mas long as short
Bybit ZECUSDT−0.0035%8h1,472.3−0.024%$275.0M$641.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,470.8−0.123%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.5+0.129%$960K$5.4M2.2xas long as short
Perpl ZEC0.0000%43m1,471.9−0.050%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.8+0.008%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,472.5−0.010%$294K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,472.4−0.016%$181.9M$1.32B50xas long as short
Phoenix ZEC+0.0054%1h1,475.9+0.219%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.8+0.011%$378K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,472.4−0.016%$8K$8K5xas long as short
Lighter ZEC+0.0096%1h1,473.3+0.043%$19.2M$50.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.6−0.072%$174K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.3−0.088%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.5−0.080%$14K$841K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.7+0.001%$2.6M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473+0.025%$764.4M$459.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.5−0.079%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,472−0.043%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.5−0.009%$684.3M$2.41B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.9+0.019%$695K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.2−0.027%$51.5M$178.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.1−0.034%$230.7M$822.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.7−0.064%$105.0M$55.9M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,471.6−0.070%$163.7M$295.9M75x
BingX ZEC-USDC+0.0100%8h1,471.4−0.081%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.6+0.134%$574K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4+0.051%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.9+0.221%$432K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.3+0.044%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.2−0.098%$332K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.5−0.008%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.6−0.137%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.6+0.132%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.1−0.034%$242K$4.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.5−0.075%$2.5M$21.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.2+0.037%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3+0.116%$897K$28K10xas long as short
Extended ZEC-USD+0.0104%1h1,471.4−0.083%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,472.6long leg$76K$170K20x
RISEx ZEC/USDC+0.0228%1h1,472.2−0.033%$841K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0345%1h1,473.6+0.064%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,474.8+0.146%$3.8M$10.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0590%1h1,473.1+0.031%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0760%1h1,473.8+0.082%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSD+0.0777%1h1,474+0.096%$44K$48K10xas long as short