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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0635%/8h= −69.5% APRnext payment $0.79 per $10,000 · paid last 24h −0.154%
Price spread now: GMX against Aftermath Perps+0.203%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.203% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.203% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ZECUSD1,454.60.0668pay 0.0083% / 1h31m 18s$45K$49K10x
ShortGMX ZEC/USD [WBTC.b-USDC]1,457.5L +0.0083% / S −0.0033%get 0.0004% / 1h31m 18s$434K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aftermath Perps. 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
−$133.32
Price spread: +0.203% → 0.000%
$20.26
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$134.06
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; GMX: 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 Aftermath Perps no order-book sample
Sell GMX no order-book sample
Aftermath Perps and GMX: 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 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−0.3042%1h1,455.9+0.088%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.1+0.107%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,455+0.028%$29.5M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,455+0.031%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.6+0.141%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.5+0.199%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,457.7+0.214%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]shortL +0.0083% / S −0.0033%1h1,457.5+0.203%$434K100x
Popdex ZECUSDT+0.0096%1h1,457.5+0.201%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.2+0.181%$14K$821K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,455.4+0.055%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.142%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.5+0.203%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.6+0.141%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.9+0.226%$670.7M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.3+0.185%$261.5M$599.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,458+0.234%$178.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7+0.077%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.049%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.6+0.206%$51.2M$171.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.7+0.215%$219.0M$769.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.4+0.195%$102.7M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458+0.233%$165.8M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.6+0.206%$105.6Mas long as short
Variational Omni ZEC+0.0100%8h1,450.8−0.260%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.9−0.044%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.1+0.103%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,455.5+0.061%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.2−0.024%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6+0.208%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.7+0.212%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4+0.125%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.295%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.8+0.222%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.033%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.4+0.195%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.5+0.200%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.3+0.188%$47K$151K20xas long as short
Kalshi KXZECPERP+0.0108%8h1,455.7+0.075%$1.5M$4.4M2.2xas long as short
Lighter RH ZEC+0.0112%1h1,457.8+0.219%$2.1M$7.0M10xas long as short
Phoenix ZEC+0.0116%1h1,455+0.029%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,457.8+0.220%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0125%1h1,455.5+0.063%$2.4M$3.8M15xas long as short
Hyperliquid ZEC+0.0139%1h1,459+0.305%$759.5M$425.9M10xas long as short
Lighter ZEC+0.0160%1h1,457.6+0.209%$19.2M$44.9M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,457.2+0.180%$921K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,457.6+0.206%$18.1M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.2+0.247%$698K$8.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0355%1h1,458.5+0.270%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.5+0.341%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSDlong+0.0668%1h1,454.6long leg$45K$49K10x