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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Bulk against Aster−0.233%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$180.177% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.233%, 7d avg −0.001%
Together, before fees+0.250%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.232% cheaper against Aster than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,471.20.0100pay 0.0100% / 8h1h 00m$15.6M$32.4M75x
ShortBulk ZEC-USD1,467.70.0100get 0.0013% / 1h0m 46s$906K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Aster. 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
$0
Price spread: −0.233% → −0.001%
−$23.2
Slippage, 4 orders
−$2.72
Fee Aster: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$40.91
Costs to cover
0.177%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; Bulk: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 3 min ago0.03 bp6.5 bp −$67.1 bp −$7124.2 bp −$2,420124.2 bp −$62.1K
Sell Bulk live order book, 18 min ago0.03 bp3.5 bp −$43.5 bp −$354.0 bp −$4026.6 bp −$3,297

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%1h1,472.3+0.075%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0403%1h1,470.1−0.070%$17.9M$44.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0267%1h1,470.5−0.045%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0109%8h1,470.2−0.064%$29.3M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.5−0.110%$6K$2K10xas long as short
Bybit ZECUSDT−0.0078%8h1,470.7−0.034%$272.6M$666.1M75xas long as short
Variational Omni ZEC−0.0036%8h1,470.8−0.027%$46.7M$33.4Mas long as short
dYdX ZEC-USD0.0000%1h1,469.4−0.117%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.7−0.034%$896K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,469.6−0.108%$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%1h1,470.1−0.070%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,469.8−0.092%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,470−0.080%$365K100xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,471−0.015%$178.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,470.9−0.016%$50.2M$187.8M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,469.9−0.086%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,473.5+0.159%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,469.2−0.136%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470−0.082%$12K$823K10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0097%1h1,470.7−0.028%$598K$1.3M25xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469−0.146%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.6−0.106%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.3+0.077%$764.1M$479.3M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,471.2long leg$15.6M$32.4M75x
Pacifica ZEC+0.0100%1h1,469.9−0.088%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.1−0.002%$679.9M$2.47B75xas long as short
Bulk ZEC-USDshort+0.0100%1h1,467.7−0.233%$906K$27K10x
MEXC ZEC_USDT+0.0100%8h1,470.8−0.023%$222.0M$873.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.1−0.007%$103.9M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.3+0.011%$162.8M$303.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.1−0.003%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.9−0.019%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.8+0.045%$3.0M$482K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.1−0.004%$431K$827K50xas long as short
StandX ZEC-USD+0.0100%1h1,470−0.079%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,469.1−0.140%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.7−0.100%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.4−0.191%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472+0.057%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.9−0.089%$226K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.147%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.6−0.036%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.9−0.016%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.2−0.131%$37K$366K20xas long as short
Lighter ZEC+0.0112%1h1,471.5+0.021%$19.1M$52.8M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,469.9−0.083%$833K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0211%1h1,471.4+0.017%$2.4M$3.7M15xas long as short
Lighter RH ZEC+0.0400%1h1,472.3+0.078%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,471.8+0.043%$3.8M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,470.6−0.038%$722K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0611%1h1,471.1−0.004%$41K$34K10xas long as short