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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0239%/8h= +26.2% APRpaid last 24h +0.030%
Price spread now: RISEx against Binance−0.028%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−$25as in the Price arb table
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.269%+$27 on $10k
Price spread, last 7 days+0.050%+$5 · spread now −0.028%, 7d avg +0.023%
Together, before fees+0.319%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.023%). If the spread goes back, that is −$5 on $10k: about 17 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ZECUSDT1,619.80.0100pay 0.0100% / 8h6h 05m$824.2M$2.65B75x
ShortRISEx ZEC/USDC1,619.30.0339get 0.0042% / 1h5m 01s$989K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$50.18
Price spread: −0.028% → +0.023%
−$5.08
Slippage, 4 orders
−$3.86
Fee Binance: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$25.24
Costs to cover
0.199%
Break-even
3.5 days
Slippage from Binance: live order book, 2 min ago; RISEx: live order book, 2 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, 2 min ago0.03 bp5.7 bp −$68.0 bp −$8016.3 bp −$1,633doesn't fit
Sell RISEx live order book, 2 min ago1.54 bp4.5 bp −$58.3 bp −$83doesn't fitdoesn't fit

ZEC on 50 exchanges

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−0.3340%1h1,602.9−1.042%$43K$82K12xas long as short
Perpl ZEC−0.0447%43m1,618.4−0.086%$67K$59K10xas long as short
Kraken Futures PF_ZECUSD−0.0331%1h1,619.6−0.013%$20.0M$60.8M25xas long as short
Aftermath Perps ZECUSD−0.0137%1h1,619.3−0.027%$68K$91K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,618.7−0.067%$7K$46210xas long as short
BloFin ZEC-USDT−0.0045%8h1,619.9+0.011%$38.1M$70.1M75xas long as short
HTX ZEC-USDT−0.0044%8h1,615.1−0.287%$3.7M$36.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,621.6+0.114%$447K$110K5xas long as short
Kalshi KXZECPERP0.0000%8h1,618.5−0.079%$1.0M$7.6M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0006% / S −0.0005%1h1,619.7−0.001%$5.6M150xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ZEC-USDT-SWAP+0.0064%8h1,618.9−0.051%$196.9M$1.59B50xas long as short
Coinbase International ZEC-PERP-INTX+0.0088%1h1,619.2−0.037%$3.7M$13.6M50xas long as short
Lighter ZEC+0.0096%1h1,619.6−0.007%$21.3M$63.4M20xas long as short
Lighter RH ZEC+0.0096%1h1,620.6+0.051%$1.8M$8.7M10xas long as short
Popdex ZECUSDT+0.0096%1h1,618.8−0.059%$209K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,618.5−0.077%$87K$14K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,618.6−0.070%$16K$1.2M10xas long as short
Nado ZEC-PERP+0.0100%1h1,618.8−0.062%$3.2M$9.2M10xas long as short
Hyperliquid ZEC+0.0100%1h1,620.1+0.021%$870.1M$638.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,619.4−0.020%$16.6M$27.5M75xas long as short
Pacifica ZEC+0.0100%1h1,618.7−0.066%$1.9M$3.5M10xas long as short
Binance ZECUSDTlong+0.0100%8h1,619.8long leg$824.2M$2.65B75x
Bybit ZECUSDT+0.0100%8h1,619.2−0.036%$293.0M$671.8M75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,615.7−0.251%$452K$169K5xas long as short
Bulk ZEC-USD+0.0100%1h1,620.9+0.068%$794K$26K10xas long as short
Gate ZEC_USDT+0.0100%8h1,619.4−0.023%$111.4M$221.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,620+0.012%$227.5M$868.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,619.3−0.028%$110.9M$74.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,619.4−0.023%$177.8M$253.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,619.5−0.014%$136.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,620+0.015%$3.3M$7.2M15xas long as short
Variational Omni ZEC+0.0100%8h1,623+0.200%$54.0M$37.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,621+0.079%$451K$8.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,620.3+0.032%$3.3M$575K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,620.1+0.019%$660K$779K50xas long as short
StandX ZEC-USD+0.0100%1h1,618.6−0.070%$56K$4.0M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,618.7−0.065%$329K$2.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,620.4+0.038%$32K$201K20xas long as short
Orderly PERP_ZEC_USDC+0.0100%8h1,619.9+0.006%$386K$756K20xas long as short
SunX ZEC-USDT+0.0100%8h1,616.4−0.206%$2K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,619.8+0.003%$225K$7.5M10xas long as short
Phemex ZECUSDT+0.0100%8h1,620+0.015%$4.3M$8.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,619.6−0.011%$2.5M$4.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,619.8+0.001%$138K$314K20xas long as short
Phoenix ZEC+0.0143%1h1,623.7+0.240%$5.2M$2.2M10xas long as short
01 Exchange ZECUSD+0.0168%1h1,619.5−0.016%$14K$12K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0168% / S −0.0015%1h1,620+0.015%$436K100xas long as short
RISEx ZEC/USDCshort+0.0339%1h1,619.3−0.028%$989K$2.0M10x
Deribit ZEC_USDC-PERPETUAL+0.0378%1h1,620.8+0.066%$603K$868K25xas long as short
Arcus ZEC-USD+0.0427%1h1,620.2+0.027%$455K$5.7M10xas long as short