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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.028%
Price spread now: dYdX against Aevo−0.010%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1201.202% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.614%−$61 · spread now −0.010%, 7d avg −0.007%
Together, before fees−0.542%−$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,447.10.0104pay 0.0013% / 1h47m 25s$47K$151K20x
ShortdYdX ZEC-USD1,4470get 0.0000% / 1h47m 25s$407K$40K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: −0.010% → −0.007%
−$0.31
Slippage, 4 orders
−$94.19
Fee Aevo: 8 bp × 2 orders
−$16
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$142.34
Costs to cover
1.202%
Break-even
never at this rate
Slippage from Aevo: live order book, 11 min ago; dYdX: live order book, 12 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, 11 min ago11.97 bp21.3 bp −$2126.2 bp −$262doesn't fitdoesn't fit
Sell dYdX live order book, 12 min ago29.20 bp37.5 bp −$3790.2 bp −$902233.0 bp −$23.3K1396.0 bp −$698.0K

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−0.3166%1h1,448+0.058%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.6+0.034%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0074%8h1,446.4−0.047%$29.1M$70.3M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,447−0.010%$407K$40K5x
Kalshi KXZECPERP0.0000%8h1,447.7+0.040%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,448.2+0.073%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.7+0.040%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,447.2+0.006%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0015%1h1,448.2+0.075%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,448.1+0.071%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,447.9+0.054%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.3+0.012%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,447.4+0.023%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.7+0.044%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.8+0.116%$753.5M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,447.8+0.046%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,447.5+0.024%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,447.9+0.053%$664.1M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,447.2+0.002%$261.0M$602.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,447.7+0.038%$176.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.7−0.098%$394K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.160%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447.8+0.049%$50.0M$172.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.9+0.052%$214.9M$768.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,447.8+0.048%$101.9M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,447.7+0.038%$164.3M$273.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,447.9+0.052%$100.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,447.9+0.051%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2+0.003%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,446.4−0.047%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,447.7+0.041%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,446.8−0.025%$402K$920K50xas long as short
StandX ZEC-USD+0.0100%1h1,448.1+0.065%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.7+0.040%$364K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,448.2+0.078%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.4−0.052%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.7+0.246%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,447.1−0.002%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.4−0.053%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,447.4+0.018%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447.5+0.030%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,447.1long leg$47K$151K20x
Phoenix ZEC+0.0123%1h1,448.9+0.124%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0259%1h1,447.8+0.050%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447−0.006%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0368%1h1,448.7+0.111%$19.0M$45.9M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.1+0.070%$931K$1.1M10xas long as short
Lighter RH ZEC+0.0424%1h1,449+0.130%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,449.3+0.153%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,449.7+0.177%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,449.2+0.146%$44K$49K10xas long as short