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 +0.045%
Price spread now: Hyperliquid against Aster−0.067%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.355%+$35 on $10k
Price spread, last 7 days+0.144%+$14 · spread now −0.067%, 7d avg +0.050%
Together, before fees+0.498%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$50 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: Hyperliquid is 0.117% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,478.90.0100pay 0.0100% / 8h6h 51m$15.0M$31.0M75x
ShortHyperliquid ZEC1,477.90.0100get 0.0013% / 1h51m 47s$769.2M$449.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.067% → +0.050%
−$11.71
Slippage, 4 orders
−$3.38
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$32.09
Costs to cover
0.204%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; Hyperliquid: live order book, 12 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 ago0.99 bp5.1 bp −$55.3 bp −$5313.7 bp −$1,37358.1 bp −$29.0K
Sell Hyperliquid live order book, 12 min ago0.34 bp5.5 bp −$67.8 bp −$78doesn'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−0.3678%1h1,469.9−0.609%$34K$274K12xas long as short
Ondo Perps ZEC-USD.P−0.0111%1h1,468.3−0.716%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0111%8h1,474−0.332%$29.8M$72.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.9−0.136%$6K$1K10xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,479.1+0.015%$18.2M$43.4M25xas long as short
dYdX ZEC-USD0.0000%1h1,475.5−0.232%$415K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480.1+0.080%$965K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,478.1−0.051%$84K$405K10xas long as short
Variational Omni ZEC+0.0002%8h1,467.3−0.786%$47.8M$33.5Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478.8−0.007%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0024%1h1,477.2−0.113%$8K$9K5xas long as short
Orderly PERP_ZEC_USDC+0.0025%8h1,479+0.006%$295K$1.1M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,479.6+0.044%$384K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6−0.628%$4.6M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0076%8h1,476.9−0.137%$181.2M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,478.1−0.055%$173K$1.8M50xas long as short
Gate ZEC_USDT+0.0098%8h1,478.4−0.036%$50.3M$173.6M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,477.5−0.092%$14K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.6−0.158%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,478.8−0.010%$2.6M$6.5M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,477.9−0.067%$769.2M$449.2M10x
Aster ZECUSDTlong+0.0100%8h1,478.9long leg$15.0M$31.0M75x
Pacifica ZEC+0.0100%1h1,476.5−0.161%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.7−0.084%$685.5M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477−0.130%$273.1M$626.8M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.7−0.558%$895K$17K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,478.5−0.029%$219.0M$791.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,478.5−0.029%$104.1M$55.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477−0.128%$164.0M$287.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,477.5−0.094%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.4−0.575%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.3−0.584%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5−0.636%$427K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.1−0.324%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,479.7+0.054%$343K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,479.8+0.059%$129K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,477.4−0.102%$460K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.8+0.197%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,479.1+0.011%$244K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,478.4−0.036%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,478.7−0.011%$3.8M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,478.1−0.056%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,478.6−0.019%$51K$164K20xas long as short
Arcus ZEC-USD+0.0254%1h1,477.6−0.088%$683K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,478.3−0.041%$2.1M$7.0M10xas long as short
Lighter ZEC+0.0320%1h1,478.1−0.057%$19.3M$47.9M20xas long as short
RISEx ZEC/USDC+0.0374%1h1,477.8−0.073%$858K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,482+0.206%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0576%1h1,479.7+0.056%$2.5M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0667%1h1,480.4+0.102%$609K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0744%1h1,472.3−0.445%$44K$46K10xas long as short