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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:55 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.029%
Price spread now: Perpl against Aevo+0.026%7-day average −0.063% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.085%−$8 on $10k
Price spread, last 3 days (all we have)−0.200%−$20 · spread now +0.026%, 7d avg −0.063%
Together, before fees−0.285%+ Points / potential airdropPerpl: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.089% dearer against Aevo than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.063%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.085% in total) that is about 7.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,477.30.0104pay 0.0013% / 1h30m 11s$48K$167K20x
ShortPerpl ZEC1,477.60get 0.0000% / 43m35m 11s$84K$258K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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: +0.026% → −0.063%
$8.89
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$42.75
Costs to cover
0.298%
Break-even
never at this rate
Slippage unknown: Aevo: live order book, 39 min ago; Perpl: no order-book sample. Net counts fees only.

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, 39 min ago3.23 bp15.5 bp −$1626.3 bp −$26339.7 bp −$3,972doesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 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−0.3678%1h1,473.5−0.257%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,478.6+0.090%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0007%1h1,471.7−0.376%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,477.5+0.019%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,477.8+0.035%$416K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,478.4+0.079%$977K$5.0M2.2xas long as short
Perpl ZECshort0.0000%43m1,477.6+0.026%$84K$258K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,477.7+0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,477.2−0.001%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4−0.060%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,477.4+0.011%$386K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,478+0.051%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,474.3−0.200%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0094%8h1,477.8+0.037%$181.6M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,477.8+0.034%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,477−0.017%$16K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,478.3+0.071%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,477.9+0.041%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,478.9+0.111%$769.6M$444.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,478.1+0.058%$14.9M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,478.7+0.095%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.9+0.045%$682.7M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.5+0.017%$272.6M$622.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.458%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,477.8+0.033%$50.3M$175.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477.9+0.044%$217.9M$798.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.6+0.024%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.8+0.037%$164.2M$284.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.8+0.035%$101.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.406%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473−0.288%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.365%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.4−0.059%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,477.6+0.023%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,477.8+0.038%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475.9−0.091%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,480.7+0.236%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,477.4+0.010%$244K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477.5+0.018%$2.6M$19.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,477.9+0.041%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,477.2−0.006%$3.2M$7.1M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,477.3long leg$48K$167K20x
Arcus ZEC-USD+0.0254%1h1,479.4+0.145%$680K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,479+0.118%$19.3M$48.1M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0279%1h1,478.1+0.054%$615K$1.3M25xas long as short
Lighter RH ZEC+0.0304%1h1,479.4+0.142%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,478.6+0.090%$869K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,480+0.186%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0517%1h1,478.3+0.071%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0724%1h1,474.4−0.195%$44K$46K10xas long as short