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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: Pacifica against Aster+0.040%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$230.228% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.102%−$10 on $10k
Price spread, last 7 days−0.039%−$4 · spread now +0.040%, 7d avg +0.011%
Together, before fees−0.141%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board−$14 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: Pacifica is 0.028% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,492.40.0100pay 0.0100% / 8h24m 24s$14.0M$31.1M75x
ShortPacifica ZEC1,4930.0100get 0.0013% / 1h24m 24s$1.7M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.040% → +0.011%
$2.85
Slippage, 4 orders
−$6.76
Fee Aster: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$19.92
Costs to cover
0.228%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; Pacifica: live order book, 5 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, 5 min ago0.57 bp4.6 bp −$56.2 bp −$6216.3 bp −$1,63560.6 bp −$30.3K
Sell Pacifica live order book, 5 min ago1.07 bp5.7 bp −$6doesn't fitdoesn'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%1h1,478.8−0.909%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,491.6−0.053%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0144%8h1,491.6−0.053%$31.2M$75.4M75xas long as short
Aftermath Perps ZECUSD−0.0100%1h1,494.2+0.123%$48K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,494.2+0.124%$6K$1K10xas long as short
Bulk ZEC-USD−0.0053%1h1,491.1−0.083%$858K$48K10xas long as short
dYdX ZEC-USD0.0000%1h1,492−0.026%$415K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,493.6+0.083%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,492.6+0.016%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,495.7+0.223%$17.9M$47.1M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ZEC-USD.P+0.0031%1h1,495.2+0.189%$408K$554K5xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,494.2+0.121%$301K$917K20xas long as short
Phoenix ZEC+0.0096%1h1,494.2+0.122%$4.8M$1.4M10xas long as short
01 Exchange ZECUSD+0.0096%1h1,492.4+0.002%$8K$6K5xas long as short
Popdex ZECUSDT+0.0096%1h1,492.2−0.010%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,492.1−0.020%$17K$881K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,492.3−0.008%$62K$20K10xas long as short
Nado ZEC-PERP+0.0100%1h1,493.1+0.050%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,492.9+0.034%$780.1M$438.8M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,492.4long leg$14.0M$31.1M75x
Pacifica ZECshort+0.0100%1h1,493+0.040%$1.7M$2.4M10x
Binance ZECUSDT+0.0100%8h1,493.3+0.061%$699.5M$2.30B75xas long as short
Bybit ZECUSDT+0.0100%8h1,493+0.044%$268.4M$617.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,494.2+0.124%$183.7M$1.33B50xas long as short
Gate ZEC_USDT+0.0100%8h1,492.9+0.033%$56.4M$185.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,492.6+0.012%$238.7M$801.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,492−0.029%$102.5M$56.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,494.4+0.138%$161.4M$288.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,492−0.024%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,492.9+0.033%$48.8M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,494.7+0.155%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,494.6+0.151%$3.1M$514K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,496.1+0.248%$412K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,494.1+0.114%$55K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,492.2−0.012%$357K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,493.2+0.057%$164K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,493.3+0.059%$456K$469K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,494.3+0.131%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,495+0.175%$253K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,493+0.041%$2.7M$20.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,492−0.024%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,494.6+0.149%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,494.5+0.141%$43K$151K20xas long as short
RISEx ZEC/USDC+0.0128%1h1,492.3−0.002%$939K$1.1M10xas long as short
Lighter RH ZEC+0.0136%1h1,493.9+0.102%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0143% / S −0.0140%1h1,492.8+0.027%$332K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0178%1h1,495.5+0.208%$683K$1.4M25xas long as short
Lighter ZEC+0.0208%1h1,493.7+0.089%$19.7M$45.6M20xas long as short
Arcus ZEC-USD+0.0403%1h1,493.5+0.073%$622K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,495.4+0.201%$3.7M$10.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0546%1h1,491.9−0.036%$2.3M$3.8M15xas long as short