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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:29 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.020%
Price spread now: Perpl against Aster−0.025%54s7-day average −0.016% · you buy dearer than you sell
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 5 days (all we have)+0.095%+$9 on $10k
Price spread, last 3 days (all we have)+0.478%+$48 · spread now −0.025%, 7d avg −0.016%
Together, before fees+0.573%+ Points / potential airdropAster: Stage 5 · Perpl: Active · farm board+$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.095%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,473.10.0100pay 0.0100% / 8h11m 36s$15.0M$32.5M75x
ShortPerpl ZEC1,472.70get 0.0000% / 43m7m 36s$84K$406K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.025% → −0.016%
−$0.98
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$43.78
Costs to cover
0.218%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 2 min ago; Perpl: 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, 2 min ago0.68 bp6.1 bp −$68.5 bp −$8520.4 bp −$2,03885.2 bp −$42.6K
Sell Perpl no order-book sample
Perpl: 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−0.3089%1h1,472.9−0.012%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0254%1h1,472−0.076%$400K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.9+0.055%$17.9M$44.2M25xas long as short
Bybit ZECUSDT−0.0112%8h1,472.4−0.051%$274.7M$651.5M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,471.7−0.097%$29.5M$74.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.3+0.015%$6K$2K10xas long as short
Variational Omni ZEC−0.0059%8h1,471.5−0.112%$47.5M$34.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.005%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.8+0.044%$961K$5.6M2.2xas long as short
Perpl ZECshort0.0000%43m1,472.7−0.025%$84K$406K10x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.2+0.072%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,473.10.000%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,473.8+0.044%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.5+0.029%$4.7M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0041%8h1,472.9−0.015%$181.3M$1.34B50xas long as short
Gate ZEC_USDT+0.0049%8h1,473.2+0.007%$51.2M$187.6M75xas long as short
ApeX Omni ZECUSDT+0.0049%1h1,472−0.078%$431K$843K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,474.2+0.073%$372K100xas long as short
Lighter ZEC+0.0096%1h1,474.6+0.098%$19.2M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.8−0.023%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,474.1+0.063%$19K$850K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.9−0.014%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.3+0.081%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.2+0.074%$763.6M$473.6M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,473.1long leg$15.0M$32.5M75x
Pacifica ZEC+0.0100%1h1,473.8+0.046%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.8−0.022%$683.7M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.1+0.066%$697K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.5+0.026%$896K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473−0.005%$226.1M$844.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.4+0.016%$104.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473−0.007%$163.7M$300.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,473.3+0.015%$101.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.5−0.109%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.4+0.022%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,472.4−0.050%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.8−0.021%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.5+0.027%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.2−0.065%$459K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475.8+0.182%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.6+0.031%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.7−0.031%$2.5M$22.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474+0.063%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.2+0.007%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474+0.061%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0119%1h1,474.7+0.107%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.7+0.037%$829K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0405%1h1,474.5+0.093%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.3+0.150%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0448%1h1,475+0.130%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0759%1h1,473.5+0.028%$46K$47K10xas long as short