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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0620%/8h= −67.9% APRnext payment $0.77 per $10,000 · paid last 24h −0.153%
Price spread now: Popdex against Aftermath Perps−0.176%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 −$19 a day on $10k at the current rate, and Popdex is 0.176% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$18 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 ZECUSD1,461.60.0716pay 0.0089% / 1h41m 45s$43K$46K10x
ShortPopdex ZECUSDT1,4590.0096get 0.0012% / 1h41m 45s$173K$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$130.18
Price spread: −0.176% → 0.000%
−$17.6
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$163.18
Costs to cover
0.154%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Popdex: live order book, 2 min ago. 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 Popdex live order book, 2 min ago0.92 bp4.7 bp −$512.7 bp −$127doesn't fitdoesn't fit
Aftermath Perps: 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−0.3244%1h1,462+0.025%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.5−0.004%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,459.5−0.143%$29.6M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.4−0.283%$410K$45K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.6−0.134%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,459.3−0.158%$83K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4−0.150%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0038%8h1,459.5−0.140%$292K$977K20xas long as short
Ondo Perps ZEC-USD.P+0.0053%1h1,459−0.177%$396K$433K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,459.2−0.164%$378K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0074%1h1,459.6−0.136%$4.6M$1.4M10xas long as short
Popdex ZECUSDTshort+0.0096%1h1,459−0.176%$173K$1.8M50x
Variational Omni ZEC+0.0098%8h1,459.8−0.119%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,459.6−0.135%$18K$835K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459−0.174%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4−0.151%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458−0.245%$759.9M$433.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.9−0.250%$14.4M$28.8M75xas long as short
Pacifica ZEC+0.0100%1h1,457.3−0.294%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.8−0.325%$668.8M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.6−0.339%$268.9M$607.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457−0.316%$179.6M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.201%$886K$16K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.1−0.305%$49.9M$170.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.5−0.281%$215.7M$771.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.3−0.290%$102.4M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.1−0.308%$161.6M$275.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,458.2−0.232%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,459.4−0.153%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.003%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3−0.155%$3.0M$418K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.5−0.006%$421K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.8−0.121%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,458.6−0.204%$324K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.1−0.172%$126K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.4−0.214%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462+0.031%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.3−0.158%$240K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.3−0.224%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.5−0.140%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,458.4−0.221%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,459.3−0.153%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.9−0.187%$48K$155K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0105%1h1,460.2−0.093%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.2−0.163%$18.0M$43.7M25xas long as short
Lighter ZEC+0.0208%1h1,458.3−0.223%$19.1M$46.0M20xas long as short
Arcus ZEC-USD+0.0277%1h1,461.4−0.015%$707K$8.5M10xas long as short
Lighter RH ZEC+0.0328%1h1,458.8−0.189%$2.0M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,459.5−0.143%$831K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,461.3−0.020%$3.6M$9.0M50xas long as short
Aftermath Perps ZECUSDlong+0.0716%1h1,461.6long leg$43K$46K10x