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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0546%/8h= −59.8% APRnext payment $0.68 per $10,000 · paid last 24h −0.056%
Price spread now: 01 Exchange against Arcus−0.156%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 4 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 −$16 a day on $10k at the current rate, and 01 Exchange is 0.156% cheaper against Arcus than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus ZEC-USD1,449.90.0626pay 0.0078% / 1h51m 12s$731K$8.3M10x
Short01 Exchange ZECUSD1,447.60.0080get 0.0010% / 1h51m 12s$7K$7K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Arcus. 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
−$114.59
Price spread: −0.156% → 0.000%
−$15.59
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$141.69
Costs to cover
0.115%
Break-even
never at this rate
Slippage unknown: Arcus: live order book, 3 min ago; 01 Exchange: 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 Arcus live order book, 3 min ago0.57 bp6.2 bp −$611.2 bp −$112doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.3166%1h1,449.6−0.022%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.8−0.148%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,447.1−0.196%$29.2M$70.3M75xas long as short
dYdX ZEC-USD0.0000%1h1,446.7−0.223%$407K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.2−0.119%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,447.1−0.196%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8−0.147%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,447.7−0.150%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0014%1h1,448.2−0.117%$407K100xas long as short
01 Exchange ZECUSDshort+0.0080%1h1,447.6−0.156%$7K$7K5x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,447.6−0.159%$172K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.2−0.186%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,447.5−0.164%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.4−0.169%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.2−0.117%$753.3M$434.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,447.4−0.176%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,447.7−0.154%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,448.3−0.111%$664.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,446.8−0.215%$261.0M$602.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,447.2−0.184%$177.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.083%$394K$449K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4−0.032%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447−0.198%$49.8M$172.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.5−0.166%$214.2M$767.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,447.5−0.167%$101.9M$55.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,447.4−0.172%$161.7M$272.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,446.5−0.235%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,448.2−0.119%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2−0.190%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,449.2−0.045%$564K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.8−0.077%$3.0M$424K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,448.4−0.103%$407K$913K50xas long as short
StandX ZEC-USD+0.0100%1h1,449.7−0.015%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.3−0.179%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,448.3−0.109%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.7−0.221%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.2+0.018%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,447.8−0.148%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447−0.203%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,447.6−0.159%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447.6−0.157%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,447.6−0.159%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,450.6+0.049%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0272%1h1,448.4−0.101%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447.5−0.165%$17.9M$44.7M25xas long as short
Lighter ZEC+0.0320%1h1,448.7−0.084%$19.0M$45.8M20xas long as short
Lighter RH ZEC+0.0384%1h1,449.4−0.037%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.2−0.119%$829K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,449.9+0.001%$3.7M$8.9M50xas long as short
Arcus ZEC-USDlong+0.0626%1h1,449.9long leg$731K$8.3M10x
Aftermath Perps ZECUSD+0.0680%1h1,449.9−0.003%$44K$49K10xas long as short