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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0434%/8h= −47.5% APRpaid last 24h −0.157%
Price spread now: Paradex against Aftermath Perps−0.203%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 airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Paradex is 0.203% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$20 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 ZECUSD1,465.30.0534pay 0.0067% / 1h37m 46s$41K$34K10x
ShortParadex ZEC-USD-PERP1,462.30.0100get 0.0100% / 8h1h 37m$60K$39K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$91.15
Price spread: −0.203% → 0.000%
−$20.32
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$124.48
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Paradex: 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 Paradex no order-book sample
Aftermath Perps and Paradex: 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−0.3310%1h1,465.8+0.030%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462−0.225%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0245%1h1,466+0.047%$398K$520K5xas long as short
BloFin ZEC-USDT−0.0088%8h1,462.7−0.182%$29.1M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462−0.225%$6K$2K10xas long as short
Bybit ZECUSDT−0.0051%8h1,459.4−0.406%$270.4M$673.9M75xas long as short
Variational Omni ZEC−0.0026%8h1,465.3−0.004%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,462.6−0.184%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,463−0.158%$885K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,462.2−0.214%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.8−0.171%$5.2M150xas long as short
ApeX Omni ZECUSDT+0.0007%1h1,466.5+0.083%$431K$820K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,462.7−0.175%$541K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,462.3−0.206%$292K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0028%1h1,462.4−0.196%$595K$1.3M25xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.048%$905K$27K10xas long as short
Gate ZEC_USDT+0.0044%8h1,460−0.362%$49.8M$184.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0046%8h1,460.1−0.356%$175.6M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.3−0.204%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.3+0.207%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,462.5−0.191%$14K$862K10xas long as short
Popdex ZECUSDT+0.0096%1h1,462−0.225%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERPshort+0.0100%8h1,462.3−0.203%$60K$39K10x
Nado ZEC-PERP+0.0100%1h1,463.3−0.139%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.1−0.291%$757.2M$484.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,460−0.366%$15.6M$33.3M75xas long as short
Pacifica ZEC+0.0100%1h1,462.8−0.174%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,460−0.366%$672.7M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.3−0.340%$220.8M$859.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.5−0.331%$102.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,460.2−0.350%$161.5M$307.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,460.7−0.313%$103.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.9+0.038%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.7−0.044%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,465.4+0.005%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.3−0.206%$344K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.3−0.208%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.9−0.304%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.7−0.039%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.1−0.217%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.5−0.261%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.4−0.197%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,460.6−0.324%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.2−0.215%$36K$367K20xas long as short
Lighter ZEC+0.0112%1h1,462.6−0.185%$18.9M$52.5M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,462.3−0.202%$841K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0203%1h1,462.4−0.196%$2.3M$3.9M15xas long as short
Lighter RH ZEC+0.0368%1h1,463.2−0.145%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,463.5−0.121%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463.6−0.115%$739K$8.1M10xas long as short
Aftermath Perps ZECUSDlong+0.0534%1h1,465.3long leg$41K$34K10x