Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0626%/8h= +68.6% APRpaid last 24h +0.165%

Price spread now: Aftermath Perps against Bitget−0.037%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ZECUSDT	1,472.4	0.0100	pay 0.0100% / 8h	6h 33m	$163.4M	$285.7M	75x
Short	Aftermath Perps ZECUSD	1,471.9	0.0726	get 0.0091% / 1h	33m 30s	$44K	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee Aftermath PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: $131.47
Price spread: −0.037% → 0.000%: −$3.71
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $106.76
Costs to cover: 0.210%
Break-even: 1.3 days

Slippage unknown: Bitget: live order book, 6 min ago; Aftermath Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 6 min ago	0.24 bp	7.1 bp −$7	12.1 bp −$121	19.7 bp −$1,967	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ZEC on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3678%	1h	1,471.3	−0.075%	$34K	$274K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,472.1	−0.020%	$6K	$1K	10x	as long as short
Ondo Perps ZEC-USD.P	−0.0041%	1h	1,469.9	−0.170%	$399K	$517K	5x	as long as short
Kraken Futures PF_ZECUSD	−0.0002%	1h	1,472	−0.025%	$18.0M	$43.6M	25x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,471	−0.096%	$414K	$56K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,471.1	−0.088%	$972K	$5.0M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,472	−0.028%	$84K	$258K	10x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,472.3	−0.006%	$5.2M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0027%	8h	1,471.2	−0.082%	$294K	$1.1M	20x	as long as short
Variational Omni ZEC	+0.0033%	8h	1,470.4	−0.134%	$47.9M	$33.3M	—	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX ZEC/USD [WBTC.b-USDC]	L +0.0055% / S −0.0009%	1h	1,472.4	−0.002%	$385K	—	100x	as long as short
01 Exchange ZECUSD	+0.0056%	1h	1,472.4	+0.001%	$8K	$9K	5x	as long as short
Phoenix ZEC	+0.0070%	1h	1,471.2	−0.081%	$4.7M	$1.5M	10x	as long as short
OKX ZEC-USDT-SWAP	+0.0092%	8h	1,472.3	−0.004%	$181.1M	$1.28B	50x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,471.6	−0.055%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,471.3	−0.072%	$16K	$839K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,471.7	−0.047%	$61K	$39K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,472	−0.030%	$2.6M	$6.6M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,473.4	+0.068%	$766.6M	$443.9M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,472	−0.027%	$14.9M	$31.0M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,471.9	−0.032%	$1.7M	$2.7M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,472.5	+0.007%	$680.2M	$2.35B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,472.1	−0.018%	$271.6M	$627.6M	75x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,470.5	−0.130%	$893K	$19K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,471.7	−0.050%	$50.0M	$175.2M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,472.4	−0.001%	$216.5M	$797.2M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,472.4	+0.003%	$103.6M	$56.2M	75x	as long as short
Bitget ZECUSDTlong	+0.0100%	8h	1,472.4	long leg	$163.4M	$285.7M	75x
BingX ZEC-USDT	+0.0100%	8h	1,472.6	+0.011%	—	$100.5M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,471.3	−0.078%	$572K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,472.9	+0.035%	$3.0M	$443K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,471.9	−0.036%	$428K	$907K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,471.9	−0.037%	$71K	$4.7M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,472.1	−0.020%	$339K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,472.4	0.000%	$128K	$159K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,469.5	−0.194%	$457K	$510K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,473.3	+0.058%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,471.7	−0.050%	$242K	$3.8M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,471	−0.095%	$2.5M	$19.2M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,472.5	+0.007%	$3.9M	$5.4M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,471.4	−0.065%	$3.1M	$7.1M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,470.9	−0.102%	$48K	$167K	20x	as long as short
Arcus ZEC-USD	+0.0254%	1h	1,473	+0.043%	$687K	$8.7M	10x	as long as short
Lighter ZEC	+0.0256%	1h	1,473	+0.039%	$19.2M	$48.0M	20x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0271%	1h	1,471.9	−0.031%	$605K	$1.3M	25x	as long as short
Lighter RH ZEC	+0.0296%	1h	1,473.4	+0.067%	$2.1M	$7.1M	10x	as long as short
RISEx ZEC/USDC	+0.0374%	1h	1,472.4	+0.001%	$864K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0472%	1h	1,473.8	+0.096%	$3.6M	$9.7M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0511%	1h	1,472.8	+0.028%	$2.5M	$3.9M	15x	as long as short
Aftermath Perps ZECUSDshort	+0.0726%	1h	1,471.9	−0.037%	$44K	$46K	10x