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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0841%/8h= −92.1% APRnext payment $1.05 per $10,000 · paid last 24h −0.208%
Price spread now: Hotstuff against Aftermath Perps−0.033%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Hotstuff is 0.033% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps ZECUSD1,473.80.0761pay 0.0095% / 1h10m 51s$46K$47K10x
ShortHotstuff ZEC-PERP1,473.3−0.0080pay 0.0010% / 1h10m 51s$6K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$176.55
Price spread: −0.033% → 0.000%
−$3.29
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$193.84
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Hotstuff: 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 Hotstuff no order-book sample
Aftermath Perps and Hotstuff: 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−0.3089%1h1,473.80.000%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0254%1h1,472−0.123%$400K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.4−0.095%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0112%8h1,472.4−0.095%$274.7M$651.6M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472.3−0.103%$29.6M$74.9M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,473.3−0.033%$6K$2K10x
Variational Omni ZEC−0.0058%8h1,472.3−0.103%$47.5M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,473.2−0.042%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.8−0.001%$961K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.9−0.059%$84K$406K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.4−0.026%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,473.1−0.047%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,472.9−0.065%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.5−0.019%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,472.8−0.068%$181.2M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,473.1−0.051%$51.3M$187.7M75xas long as short
ApeX Omni ZECUSDT+0.0049%1h1,472−0.126%$431K$843K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.2−0.040%$372K100xas long as short
Lighter ZEC+0.0096%1h1,473.6−0.016%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.8−0.070%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,474.1+0.016%$19K$850K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.9−0.061%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.3+0.033%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.1+0.019%$763.6M$473.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.9−0.060%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,473.8−0.002%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.8−0.070%$683.7M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.1+0.019%$697K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5−0.021%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.8−0.072%$226.2M$844.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.3−0.035%$104.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473−0.054%$163.7M$300.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,472−0.125%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.5−0.156%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4−0.025%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472.4−0.097%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.8−0.069%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.8−0.068%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.181%$459K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.9+0.141%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.3−0.104%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.152%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.7−0.074%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.4−0.030%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.9−0.062%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.7−0.010%$829K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0183%1h1,473.9+0.007%$615K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0406%1h1,472.7−0.076%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.6+0.055%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0440%1h1,474.5+0.046%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSDlong+0.0761%1h1,473.8long leg$46K$47K10x