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−0.0004%/8h= −0.4% APRpaid last 24h +0.016%
Price spread now: Popdex against Aster−0.014%7-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 − costs−$22as in the Price arb table
costs, in and out, $10k−$180.183% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.056%+$6 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.014%, 7d avg +0.023%
Together, before fees+0.099%+ Points / potential airdropAster: Stage 5 · farm board+$10 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: Popdex is 0.038% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ZECUSDT1,470.20.0100pay 0.0100% / 8h30m 27s$15.0M$32.7M75x
ShortPopdex ZECUSDT1,4700.0096get 0.0012% / 1h30m 27s$175K$1.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$0.84
Price spread: −0.014% → +0.023%
−$3.75
Slippage, 4 orders
−$3.91
Fee Aster: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$22.9
Costs to cover
0.183%
Break-even
never at this rate
Slippage from Aster: live order book, 4 min ago; Popdex: live order book, 4 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, 4 min ago0.03 bp6.8 bp −$78.3 bp −$8319.8 bp −$1,98087.4 bp −$43.7K
Sell Popdex live order book, 4 min ago0.27 bp3.6 bp −$46.0 bp −$60doesn'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−0.3089%1h1,472.3+0.145%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0255%1h1,470.1−0.007%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,470−0.016%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0111%8h1,469.9−0.022%$274.9M$654.8M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,469.7−0.034%$29.6M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.1−0.007%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.096%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0045%1h1,470.3+0.009%$431K$841K50xas long as short
dYdX ZEC-USD0.0000%1h1,471+0.056%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.7+0.102%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470−0.016%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471+0.051%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.7+0.032%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,470.4+0.011%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,471+0.052%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0026%1h1,470.8+0.043%$613K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0036%8h1,470.4+0.012%$180.7M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,470.9+0.046%$50.8M$186.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471+0.054%$372K100xas long as short
Lighter ZEC+0.0096%1h1,471.7+0.099%$19.1M$52.4M20xas long as short
Popdex ZECUSDTshort+0.0096%1h1,470−0.014%$175K$1.9M50x
Katana Perps ZEC-USD+0.0097%8h1,469.1−0.076%$13K$834K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470−0.017%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.2+0.001%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471+0.054%$762.7M$474.3M10xas long as short
Aster ZECUSDTlong+0.0100%8h1,470.2long leg$15.0M$32.7M75x
Pacifica ZEC+0.0100%1h1,470.6+0.027%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471+0.054%$683.9M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,471.9+0.114%$721K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.031%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471+0.053%$231.8M$837.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.1−0.010%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.9+0.044%$162.9M$301.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470−0.016%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.008%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2−0.001%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,470.8+0.042%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.8+0.040%$345K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471+0.053%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.5−0.117%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.4+0.148%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470−0.014%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469.7−0.037%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.3+0.003%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.3+0.007%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.1−0.010%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.5+0.021%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0417%1h1,470.5+0.020%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,472.3+0.139%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0488%1h1,472.1+0.127%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0706%1h1,472.4+0.146%$46K$47K10xas long as short