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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.009%
Price spread now: SoDEX against Aevo+0.248%57s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.539% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.020%−$2 on $10k
Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.248%, 7d avg +0.002%
Together, before fees−0.269%−$27 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: SoDEX is 0.246% dearer against Aevo than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo ZEC-PERP1,510.40.0104pay 0.0013% / 1h56m 21s$43K$151K20x
ShortSoDEX ZEC-USD1,514.10.0100get 0.0013% / 1h56m 21s$256K$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.248% → +0.002%
$24.63
Slippage, 4 orders
−$29.89
Fee Aevo: 8 bp × 2 orders
−$16
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$30.1
Costs to cover
0.539%
Break-even
never at this rate
Slippage from Aevo: live order book, 42 min ago; SoDEX: live order book, 3 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, 42 min ago6.99 bp16.7 bp −$1723.9 bp −$239doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.10 bp4.3 bp −$413.5 bp −$135106.8 bp −$10.7Kdoesn'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−0.3702%1h1,500.2−0.672%$37K$275K12xas long as short
Bulk ZEC-USD−0.0463%1h1,515.3+0.323%$779K$147K10xas long as short
Perpl ZEC−0.0447%43m1,510.8+0.024%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0164%8h1,513.7+0.219%$31.5M$77.0M75xas long as short
Aftermath Perps ZECUSD−0.0114%1h1,513.8+0.226%$48K$59K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,517.5+0.472%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,512.1+0.115%$420K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,516.9+0.433%$1.6M$5.0M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,514.8+0.293%$692K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,510.1−0.019%$5.4M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0016%1h1,511.2+0.055%$8K$6K5xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,514.6+0.278%$18.3M$47.8M25xas long as short
Bybit ZECUSDT+0.0052%8h1,509.8−0.039%$271.7M$628.8M75xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,510.3−0.007%$304K$859K20xas long as short
Phoenix ZEC+0.0096%1h1,514.3+0.257%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,513.2+0.188%$2.1M$7.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,511.2+0.050%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,511.6+0.081%$62K$19K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,511.5+0.073%$16K$898K10xas long as short
Nado ZEC-PERP+0.0100%1h1,512+0.106%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,511.1+0.047%$790.6M$448.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,509.9−0.032%$14.2M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,512.2+0.116%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,510.3−0.006%$713.5M$2.34B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,510.2−0.013%$182.8M$1.38B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,509.5−0.059%$413K$553K5xas long as short
Arcus ZEC-USD+0.0100%1h1,512.2+0.120%$596K$8.9M10xas long as short
Gate ZEC_USDT+0.0100%8h1,510.3−0.008%$59.8M$182.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,510.7+0.018%$362.2M$817.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,510.9+0.033%$103.2M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,510.7+0.022%$163.0M$294.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,510.4−0.003%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,513.8+0.224%$50.0M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,515.1+0.313%$580K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,515.9+0.365%$3.1M$532K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,515.1+0.310%$417K$949K50xas long as short
StandX ZEC-USD+0.0100%1h1,516+0.374%$51K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,511.2+0.054%$375K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,510.5+0.008%$169K$193K20xas long as short
Derive ZEC-PERP+0.0100%1h1,512.3+0.127%$452K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,517.4+0.461%$3K$1.2M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,514.1+0.248%$256K$3.6M10x
HTX ZEC-USDT+0.0100%8h1,514.3+0.259%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,514.2+0.253%$4.0M$4.9M50xas long as short
Lighter ZEC+0.0104%1h1,512.9+0.168%$19.6M$44.0M20xas long as short
Extended ZEC-USD+0.0104%1h1,511.5+0.072%$2.7M$8.0M10xas long as short
Aevo ZEC-PERPlong+0.0104%1h1,510.4long leg$43K$151K20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0152% / S −0.0153%1h1,510.2−0.011%$335K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,511.6+0.077%$964K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,516+0.371%$3.7M$9.8M50xas long as short
Backpack ZEC_USDC_PERP+0.0538%1h1,513.9+0.232%$2.4M$3.8M15xas long as short