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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%
Price spread now: Bullet against Aster−0.009%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+1.820%+$182 · spread now −0.009%, 7d avg +0.033%
Together, before fees+1.856%+ Points / potential airdropAster: Stage 5 · farm board+$186 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: Bullet is 0.042% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,476.70.0100pay 0.0100% / 8h6h 32m$14.9M$31.0M75x
ShortBullet ZEC-USD1,476.60.0100get 0.0013% / 1h32m 15s$128K$159K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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: −0.009% → +0.033%
−$4.18
Slippage, 4 orders
−$6.03
Fee Aster: 4 bp × 2 orders
−$8
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$26.21
Costs to cover
0.220%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Bullet: live order book, 37 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, 2 min ago0.78 bp5.6 bp −$67.1 bp −$7115.0 bp −$1,50477.1 bp −$38.5K
Sell Bullet live order book, 37 min ago0.31 bp5.8 bp −$610.2 bp −$102doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,471.7−0.340%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.281%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0018%1h1,471.7−0.342%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,476.6−0.008%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.7−0.210%$415K$56K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.5−0.017%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,474.4−0.160%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.5−0.017%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,476.5−0.016%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0033%8h1,470.4−0.428%$47.9M$33.3Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,476.4−0.022%$386K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,475.4−0.093%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,471.2−0.376%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,475.8−0.063%$181.5M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.6−0.080%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.8−0.132%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.7−0.141%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476−0.048%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477+0.017%$768.8M$444.5M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,476.7long leg$14.9M$31.0M75x
Pacifica ZEC+0.0100%1h1,475−0.117%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,476.3−0.028%$681.9M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,475.6−0.075%$272.2M$625.7M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.424%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.2−0.040%$50.1M$175.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.1−0.042%$217.5M$797.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.5−0.015%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476−0.048%$163.9M$285.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,475.9−0.059%$100.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.372%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.9−0.260%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.330%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.5−0.288%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.5−0.017%$339K$1.8M10xas long as short
Bullet ZEC-USDshort+0.0100%1h1,476.6−0.009%$128K$159K20x
Derive ZEC-PERP+0.0100%1h1,475−0.117%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.026%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.5−0.017%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475.3−0.098%$2.6M$19.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.1−0.042%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.3−0.030%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.8+0.001%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.7−0.071%$689K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,477.3+0.035%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0296%1h1,477.7+0.067%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0344%1h1,477.4+0.046%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.6−0.080%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,478.3+0.103%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,476.9+0.008%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,472.5−0.288%$44K$46K10xas long as short