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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against Aster−0.035%70s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$220.223% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.241%+$24 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.035%, 7d avg +0.023%
Together, before fees+0.297%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$30 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: GRVT is 0.058% cheaper against Aster than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.023%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,457.20.0094pay 0.0094% / 8h2h 16m$15.3M$34.3M75x
ShortGRVT ZEC_USDT_Perp1,456.70.0100get 0.0100% / 8h2h 16m$3.0M$510K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$1.36
Price spread: −0.035% → +0.023%
−$5.83
Slippage, 4 orders
−$5.33
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$26.8
Costs to cover
0.223%
Break-even
144.9 days
Slippage from Aster: live order book, 3 min ago; GRVT: live order book, 3 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 ago0.55 bp4.8 bp −$57.9 bp −$7925.7 bp −$2,572doesn't fit
Sell GRVT live order book, 3 min ago0.89 bp7.0 bp −$79.9 bp −$99doesn'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−0.3476%1h1,433.1−1.654%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,455.9−0.094%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.019%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.7−0.040%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0004%8h1,456.1−0.079%$268.6M$677.2M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.2−0.003%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.9−0.094%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8−0.033%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.019%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.6+0.026%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0008%8h1,455.6−0.113%$45.8M$33.2Mas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,456.9−0.027%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0020% / S +0.0072%1h1,457.2−0.001%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,458+0.055%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,456.9−0.024%$173.9M$1.36B50xas long as short
Gate ZEC_USDT+0.0073%8h1,457.1−0.008%$49.3M$190.6M75xas long as short
Ondo Perps ZEC-USD.P+0.0079%1h1,452.8−0.304%$395K$519K5xas long as short
Aster ZECUSDTlong+0.0094%8h1,457.2long leg$15.3M$34.3M75x
Katana Perps ZEC-USD+0.0095%8h1,457.5+0.017%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,458.4+0.081%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.6+0.026%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.5+0.020%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.7+0.030%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458+0.052%$753.9M$495.0M10xas long as short
Pacifica ZEC+0.0100%1h1,457.7+0.029%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.3+0.004%$664.8M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.3+0.006%$217.3M$897.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.3+0.006%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457−0.020%$161.3M$312.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.2−0.003%$101.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.20.000%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.9−0.023%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,456.7−0.035%$3.0M$510K10x
ApeX Omni ZECUSDT+0.0100%1h1,457−0.017%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.3−0.064%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.003%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.9−0.020%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.7−0.108%$443K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.1+0.125%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.8−0.029%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.2−0.005%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457−0.017%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.154%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5+0.017%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.20.000%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.1−0.010%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458+0.054%$863K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.3+0.142%$3.8M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0460%1h1,457−0.016%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.9+0.114%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0624%1h1,459+0.124%$1.9M$8.5M10xas long as short