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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Nado against Binance+0.031%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.039%+$4 on $10k
Price spread, last 7 days−0.003%$0 · spread now +0.031%, 7d avg +0.037%
Together, before fees+0.036%+ Points / potential airdropNado: Active · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,445.50.0100pay 0.0100% / 8h2h 33m$657.8M$2.53B75x
ShortNado ZEC-PERP1,445.90.0100get 0.0012% / 1h33m 37s$2.4M$7.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.031% → +0.037%
−$0.64
Slippage, 4 orders
−$2.98
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$20.62
Costs to cover
0.200%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; Nado: 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 Binance live order book, 10 min ago0.03 bp5.4 bp −$58.0 bp −$8016.5 bp −$1,653doesn't fit
Sell Nado live order book, 5 min ago0.03 bp4.6 bp −$59.9 bp −$9950.5 bp −$5,045doesn'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−0.3476%1h1,438.5−0.480%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,445.3−0.009%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,446.3+0.059%$17.6M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,450+0.316%$28.8M$74.7M75xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.253%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,445.1−0.021%$407K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.6+0.216%$905K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,448+0.176%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,446.7+0.088%$589K$1.3M25xas long as short
Bybit ZECUSDT+0.0005%8h1,445−0.029%$266.5M$676.1M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8+0.161%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,446.5+0.070%$290K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0030% / S +0.0070%1h1,447.6+0.145%$542K100xas long as short
OKX ZEC-USDT-SWAP+0.0054%8h1,445.6+0.011%$171.1M$1.35B50xas long as short
Gate ZEC_USDT+0.0071%8h1,445.4−0.001%$49.4M$187.8M75xas long as short
Aster ZECUSDT+0.0076%8h1,445.5+0.006%$15.2M$34.7M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,445.6+0.008%$7K$8K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,445−0.035%$13K$873K10xas long as short
Lighter ZEC+0.0096%1h1,446.5+0.070%$18.7M$54.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,445.4−0.001%$173K$2.0M50xas long as short
Ondo Perps ZEC-USD.P+0.0098%1h1,448.2+0.190%$394K$518K5xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,446+0.037%$59K$37K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,445.9+0.031%$2.4M$7.1M10x
Hyperliquid ZEC+0.0100%1h1,445−0.031%$747.3M$492.8M10xas long as short
Pacifica ZEC+0.0100%1h1,445.5+0.001%$1.6M$3.1M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,445.5long leg$657.8M$2.53B75x
Bulk ZEC-USD+0.0100%1h1,452.5+0.488%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,445.2−0.015%$214.5M$890.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,445.2−0.021%$102.6M$56.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,445.4−0.001%$160.2M$313.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,444.8−0.045%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,445.9+0.034%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,449.9+0.306%$488K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.7+0.223%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.4+0.412%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,450.2+0.330%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.6+0.149%$297K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,447.5+0.142%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,445.1−0.027%$439K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,447.9+0.171%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,446.7+0.084%$220K$4.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.2+0.049%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,446.1+0.046%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.476%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,445.6+0.010%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,446.3+0.060%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,446.3+0.055%$863K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,448.6+0.218%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0444%1h1,451.1+0.393%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,447.5+0.145%$768K$7.9M10xas long as short
Lighter RH ZEC+0.0696%1h1,446.9+0.102%$1.9M$8.4M10xas long as short