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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%
Price spread now: Nado against BingX+0.046%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−$24as in the Price arb table
costs, in and out, $10k−$240.244% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.018%+$2 on $10k
Price spread, last 7 days−0.006%−$1 · spread now +0.046%, 7d avg +0.037%
Together, before fees+0.012%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX ZEC-USDT1,465.20.0100pay 0.0100% / 8h7h 16m$100.2M
ShortNado ZEC-PERP1,465.80.0100get 0.0012% / 1h16m 32s$2.6M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BingX. 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: +0.046% → +0.037%
$0.82
Slippage, 4 orders
−$7.4
Fee BingX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$23.58
Costs to cover
0.244%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Nado: live order book, 3 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 BingX live order book, 8 min ago0.10 bp5.8 bp −$68.3 bp −$8314.1 bp −$1,40827.6 bp −$13.8K
Sell Nado live order book, 3 min ago0.51 bp5.7 bp −$612.9 bp −$129doesn'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−0.3321%1h1,466.3+0.078%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,463.8−0.091%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0122%1h1,463.3−0.128%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0115%8h1,463.8−0.094%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.4−0.056%$6K$2K10xas long as short
Variational Omni ZEC−0.0038%8h1,469.1+0.268%$47.6M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,464.7−0.032%$412K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,465.7+0.038%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.4−0.051%$956K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,464.5−0.048%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0007%1h1,464.3−0.060%$602K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.1−0.076%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0018%8h1,463.4−0.119%$292K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.3+0.283%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,463.8−0.091%$376K100xas long as short
OKX ZEC-USDT-SWAP+0.0056%8h1,465.3+0.011%$181.1M$1.29B50xas long as short
Bybit ZECUSDT+0.0075%8h1,465.2+0.001%$272.8M$633.3M75xas long as short
Popdex ZECUSDT+0.0096%1h1,465.3+0.008%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.8−0.029%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,465.1−0.006%$60K$39K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,465.8+0.046%$2.6M$6.6M10x
Hyperliquid ZEC+0.0100%1h1,466.6+0.097%$761.2M$453.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.1−0.003%$14.9M$31.5M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4+0.014%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.5+0.020%$681.9M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,466.9+0.118%$705K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9+0.048%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,465.1−0.003%$50.2M$180.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.3+0.008%$227.4M$828.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.4+0.013%$104.0M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.3+0.011%$163.0M$292.0M75xas long as short
BingX ZEC-USDTlong+0.0100%8h1,465.2long leg$100.2M
edgeX ZECUSDC+0.0100%4h1,468.4+0.223%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468+0.193%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5+0.294%$430K$869K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.7−0.032%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.3−0.060%$338K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.7−0.099%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.2−0.207%$456K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.8+0.042%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.8−0.098%$241K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463−0.148%$2.5M$21.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.5−0.046%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,465.4+0.013%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.9−0.087%$54K$164K20xas long as short
Lighter ZEC+0.0224%1h1,466.6+0.098%$19.1M$50.5M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,466+0.057%$851K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,466.5+0.088%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0517%1h1,464.6−0.038%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0744%1h1,467.4+0.152%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0764%1h1,467.5+0.157%$43K$46K10xas long as short