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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.036%
Price spread now: Hotstuff against Aster+0.010%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Hotstuff: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,460.30.0100pay 0.0100% / 8h5h 21m$14.5M$28.1M75x
ShortHotstuff ZEC-PERP1,460.5−0.0080pay 0.0010% / 1h21m 07s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.8
Price spread: +0.010% → 0.000%
$1
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$49.8
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

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 bp5.7 bp −$69.3 bp −$9325.1 bp −$2,510110.7 bp −$55.4K
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1,459.5−0.056%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0082%8h1,459.4−0.065%$29.1M$70.8M75xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,460.5+0.010%$6K$1K10x
dYdX ZEC-USD0.0000%1h1,458.6−0.119%$411K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.9−0.030%$1.5M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,460−0.020%$83K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.7−0.045%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0047%8h1,459.5−0.054%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,459.6−0.047%$410K100xas long as short
Phoenix ZEC+0.0074%1h1,461.6+0.089%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,460.7+0.025%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.7+0.030%$16K$860K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.3−0.003%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.6+0.021%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.8+0.034%$764.1M$430.6M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,460.3long leg$14.5M$28.1M75x
Pacifica ZEC+0.0100%1h1,459.3−0.065%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.5−0.055%$668.4M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,458.9−0.096%$265.1M$605.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,459.3−0.067%$178.7M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,459.5−0.055%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.288%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,459.4−0.065%$49.7M$174.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,459.4−0.059%$213.5M$777.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.5−0.053%$102.2M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,459.4−0.061%$162.2M$273.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,459.7−0.044%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460.1−0.016%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,455−0.366%$47.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.6−0.118%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.7−0.044%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.5−0.052%$410K$914K50xas long as short
StandX ZEC-USD+0.0100%1h1,460.30.000%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.2−0.007%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.8−0.032%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.3−0.136%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.4+0.213%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.6−0.052%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.4−0.061%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.7−0.045%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,459.2−0.075%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,459.2−0.077%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0144%1h1,461.3+0.068%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.3−0.067%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0232%1h1,460.7+0.029%$19.2M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,461.6+0.088%$706K$8.5M10xas long as short
Lighter RH ZEC+0.0368%1h1,461.1+0.055%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0396%1h1,460.4+0.007%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,461.2+0.059%$835K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,460.2−0.006%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0701%1h1,459−0.087%$45K$49K10xas long as short