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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0762%/8h= −83.4% APRpaid last 24h −0.179%
Price spread now: Orderly against Aftermath Perps−0.269%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 feesneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Orderly is 0.269% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$27 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 ZECUSD1,473.50.0776pay 0.0097% / 1h41m 17s$44K$48K10x
ShortOrderly PERP_ZEC_USDC1,469.50.0015get 0.0015% / 8h7h 41m$293K$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$159.95
Price spread: −0.269% → 0.000%
−$26.85
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$201.8
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Orderly: 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 Orderly no order-book sample
Aftermath Perps and Orderly: 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−0.3321%1h1,473.9+0.027%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.9−0.240%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0150%1h1,471.2−0.154%$399K$519K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,470−0.237%$29.7M$73.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.6−0.198%$6K$2K10xas long as short
Bybit ZECUSDT−0.0078%8h1,469.2−0.289%$274.5M$640.4M75xas long as short
Variational Omni ZEC−0.0058%8h1,471.8−0.115%$47.7M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,471−0.167%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.6−0.128%$959K$5.4M2.2xas long as short
Perpl ZEC0.0000%43m1,470.7−0.191%$84K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,470.4−0.211%$613K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.8−0.252%$5.2M150xas long as short
Orderly PERP_ZEC_USDCshort+0.0015%8h1,469.5−0.269%$293K$1.4M20x
OKX ZEC-USDT-SWAP+0.0041%8h1,469.5−0.266%$181.8M$1.31B50xas long as short
Phoenix ZEC+0.0054%1h1,471.1−0.159%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.7−0.253%$378K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,470.3−0.218%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,470.1−0.230%$176K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.3−0.216%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,470.6−0.195%$14K$836K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.2−0.153%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471−0.167%$763.4M$459.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.5−0.267%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.8−0.110%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.6−0.263%$684.0M$2.40B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.9−0.108%$695K$8.5M10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.7−0.259%$51.4M$178.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.6−0.263%$230.5M$823.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.8−0.250%$105.3M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.6−0.262%$163.4M$295.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.1−0.230%$100.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.5−0.131%$573K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.6−0.057%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,475.9+0.164%$432K$859K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.1−0.025%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.3−0.283%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.5−0.271%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.9−0.381%$458K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.8−0.111%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.8−0.246%$242K$4.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.7−0.185%$2.5M$21.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.9−0.172%$3.9M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,474.3+0.059%$897K$28K10xas long as short
Extended ZEC-USD+0.0104%1h1,470.1−0.228%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.1−0.229%$70K$175K20xas long as short
Lighter ZEC+0.0112%1h1,471−0.166%$19.1M$50.3M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,471−0.168%$841K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,472.4−0.076%$3.8M$10.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0584%1h1,473.8+0.020%$2.5M$3.8M15xas long as short
Lighter RH ZEC+0.0776%1h1,472.2−0.088%$2.0M$8.0M10xas long as short
Aftermath Perps ZECUSDlong+0.0776%1h1,473.5long leg$44K$48K10x