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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%
Price spread now: Deribit against Aster+0.013%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.229%+$23 · spread now +0.013%, 7d avg +0.083%
Together, before fees+0.390%+ Points / potential airdropAster: Stage 5 · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.071% cheaper against Aster than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.083%). If the spread goes back, that is −$7 on $10k: about 4.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,507.40.0100pay 0.0100% / 8h14m 36s$14.1M$30.8M75x
ShortDeribit ZEC_USDC-PERPETUAL1,507.60.0154get 0.0019% / 1h14m 36s$688K$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$11.38
Price spread: +0.013% → +0.083%
−$7.09
Slippage, 4 orders
−$11.32
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$22.03
Costs to cover
0.263%
Break-even
20.6 days
Slippage from Aster: live order book, 4 min ago; Deribit: live order book, 4 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, 4 min ago0.86 bp6.2 bp −$67.2 bp −$7213.0 bp −$1,30465.1 bp −$32.5K
Sell Deribit live order book, 4 min ago3.56 bp7.1 bp −$713.4 bp −$134doesn't fitdoesn't fit

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−0.3442%1h1,479.6−1.848%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,504.4−0.200%$62K$303K10xas long as short
BloFin ZEC-USDT−0.0171%8h1,509+0.100%$31.1M$76.4M75xas long as short
Bulk ZEC-USD−0.0108%1h1,495.7−0.778%$810K$100K10xas long as short
Aftermath Perps ZECUSD−0.0083%1h1,500.7−0.448%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.2−0.149%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,507.3−0.006%$419K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,511.3+0.257%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,506.1−0.092%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,507.9+0.027%$18.1M$47.2M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0063%1h1,507.4−0.003%$411K$559K5xas long as short
01 Exchange ZECUSD+0.0080%1h1,504.1−0.221%$8K$6K5xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,505.6−0.124%$303K$864K20xas long as short
Phoenix ZEC+0.0096%1h1,505.9−0.105%$4.8M$1.4M10xas long as short
Lighter RH ZEC+0.0096%1h1,509.3+0.124%$2.1M$7.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,505.1−0.157%$179K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,508.3+0.060%$14K$891K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,508+0.035%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,505.7−0.115%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,508.3+0.057%$789.6M$441.5M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,507.4long leg$14.1M$30.8M75x
Pacifica ZEC+0.0100%1h1,508.2+0.053%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,508+0.036%$705.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,507.6+0.013%$270.6M$620.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,508.2+0.048%$183.6M$1.36B50xas long as short
Gate ZEC_USDT+0.0100%8h1,507.9+0.030%$58.7M$187.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,508.2+0.050%$239.8M$806.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,507.8+0.023%$103.6M$56.5M75xas long as short
Bitget ZECUSDT+0.0100%8h1,508.2+0.050%$163.0M$289.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,507.4−0.001%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.9−0.366%$49.1M$34.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,504.6−0.189%$576K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,503.1−0.291%$3.1M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.4−0.204%$414K$946K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.8−0.177%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,505.6−0.122%$361K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,505.9−0.103%$170K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.7−0.314%$459K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,507.1−0.021%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,507.4−0.001%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,507.8+0.022%$2.7M$20.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,509.5+0.135%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,508.2+0.049%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,504.7−0.183%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,508.4+0.066%$950K$1.1M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0147% / S −0.0144%1h1,506−0.095%$335K100xas long as short
Deribit ZEC_USDC-PERPETUALshort+0.0154%1h1,507.6+0.013%$688K$1.4M25x
Lighter ZEC+0.0208%1h1,508.6+0.079%$19.9M$46.4M20xas long as short
Arcus ZEC-USD+0.0403%1h1,508.6+0.074%$608K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,508.7+0.085%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0497%1h1,509.1+0.111%$2.4M$3.8M15xas long as short