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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.027%
Price spread now: Extended against Aster−0.030%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.197%+$20 on $10k
Price spread, last 7 days+0.031%+$3 · spread now −0.030%, 7d avg −0.014%
Together, before fees+0.229%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$23 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,472.90.0100pay 0.0100% / 8h6h 32m$14.9M$31.0M75x
ShortExtended ZEC-USD1,472.50.0104get 0.0013% / 1h32m 38s$3.1M$7.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: −0.030% → −0.014%
−$1.66
Slippage, 4 orders
−$10.12
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$23.94
Costs to cover
0.231%
Break-even
206.5 days
Slippage from Aster: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago0.78 bp5.6 bp −$67.1 bp −$7115.0 bp −$1,50477.1 bp −$38.5K
Sell Extended live order book, 1 min ago1.84 bp6.1 bp −$611.9 bp −$119158.3 bp −$15.8Kdoesn'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%1h1,471.7−0.079%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.1−0.053%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0018%1h1,471.7−0.081%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.6−0.022%$18.0M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.7+0.051%$415K$56K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.6−0.087%$974K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,472−0.062%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.3−0.040%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,472.4−0.032%$294K$1.1M20xas long as short
Variational Omni ZEC+0.0033%8h1,470.4−0.168%$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%1h1,472.4−0.036%$385K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,472.4−0.032%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,471.2−0.115%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,474.8+0.131%$181.4M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,471.6−0.089%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.3−0.106%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.7+0.120%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472−0.064%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.9+0.136%$767.3M$444.0M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,472.9long leg$14.9M$31.0M75x
Pacifica ZEC+0.0100%1h1,475+0.144%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.7+0.126%$681.2M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.6+0.118%$272.1M$626.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.164%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,473.2+0.021%$50.0M$175.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475+0.143%$217.4M$797.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.2+0.086%$103.7M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,475+0.141%$163.7M$285.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,472.9+0.002%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.112%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.9+0.001%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.070%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,471.9−0.070%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.1−0.054%$339K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.4−0.033%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471−0.130%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474+0.076%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.5−0.028%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.4−0.033%$2.5M$19.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.6−0.020%$3.9M$5.4M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,472.5−0.030%$3.1M$7.1M10x
Aevo ZEC-PERP+0.0104%1h1,472.1−0.054%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.7+0.190%$689K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,476.2+0.227%$19.2M$48.1M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0287%1h1,473.2+0.022%$606K$1.3M25xas long as short
Lighter RH ZEC+0.0296%1h1,475.2+0.159%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,472.4−0.033%$864K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,473.8+0.061%$3.6M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0508%1h1,472.8−0.008%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0726%1h1,471.9−0.071%$44K$46K10xas long as short