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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: edgeX against Binance+0.002%60s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 7 days−0.026%−$3 · spread now +0.002%, 7d avg −0.059%
Together, before fees+0.256%+ Points / potential airdropedgeX: Active · farm board+$26 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: edgeX is 0.062% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.059%. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,457.70.0100pay 0.0100% / 8h4h 02m$669.6M$2.21B75x
ShortedgeX ZECUSDC1,457.70.0100get 0.0050% / 4h2m 36s$567K$8.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Binance. 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: +0.002% → −0.059%
$6.17
Slippage, 4 orders
−$0.85
Fee Binance: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$13.68
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 1 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 Binance live order book, 12 min ago0.03 bp5.0 bp −$56.4 bp −$6416.0 bp −$1,603doesn't fit
Sell edgeX live order book, 1 min ago0.34 bp4.8 bp −$58.9 bp −$89doesn'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−0.3166%1h1,458.2+0.034%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,459+0.090%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,458.8+0.075%$29.6M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.2+0.037%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.4+0.120%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,459.7+0.141%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,458.4+0.053%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,458.4+0.053%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0022%1h1,458.3+0.042%$410K100xas long as short
01 Exchange ZECUSD+0.0080%1h1,458.1+0.032%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,457.70.000%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.8+0.009%$10K$859K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.4−0.021%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.8+0.006%$2.8M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.8+0.146%$759.4M$431.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,458.7+0.074%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,458.2+0.035%$1.7M$2.4M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,457.7long leg$669.6M$2.21B75x
Bybit ZECUSDT+0.0100%8h1,457.1−0.038%$261.6M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,457.8+0.008%$178.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.6−0.005%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.009%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.4−0.016%$50.5M$175.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.4−0.021%$215.3M$777.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.9+0.082%$102.9M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.8+0.011%$165.7M$270.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.6−0.004%$105.6Mas long as short
Variational Omni ZEC+0.0100%8h1,457.3−0.023%$47.8M$32.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,457.7+0.002%$567K$8.6M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,457.2−0.031%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457.6−0.006%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.2+0.107%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.4−0.019%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,458.5+0.059%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,457.2−0.032%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.8+0.283%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,458.5+0.060%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458+0.023%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.1+0.097%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.2−0.035%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.4+0.051%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.8+0.074%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0186%1h1,459.3+0.112%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0248%1h1,458.9+0.082%$19.2M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0277%1h1,458.5+0.054%$18.0M$45.2M25xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0290%1h1,459.1+0.098%$616K$1.3M25xas long as short
Lighter RH ZEC+0.0320%1h1,460+0.157%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,457.5−0.009%$922K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,460.5+0.196%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,459+0.093%$675K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,459.1+0.097%$45K$49K10xas long as short