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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: Nado against Bitget−0.315%52s7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.241% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.063%+$6 on $10k
Price spread, last 7 days+0.342%+$34 · spread now −0.315%, 7d avg +0.041%
Together, before fees+0.405%+ Points / potential airdropNado: Active · farm board+$40 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: Nado is 0.355% cheaper against Bitget than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.041%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,473.40.0100pay 0.0100% / 8h6h 53m$163.8M$286.6M75x
ShortNado ZEC-PERP1,468.80.0100get 0.0012% / 1h53m 34s$2.6M$6.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
$0
Price spread: −0.315% → +0.041%
−$35.54
Slippage, 4 orders
−$5.15
Fee Bitget: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$59.69
Costs to cover
0.241%
Break-even
never at this rate
Slippage from Bitget: live order book, 6 min ago; Nado: live order book, 6 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 Bitget live order book, 6 min ago0.03 bp6.2 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell Nado live order book, 6 min ago0.03 bp4.1 bp −$411.1 bp −$111doesn'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−0.3678%1h1,470.8−0.177%$34K$274K12xas long as short
Ondo Perps ZEC-USD.P−0.0149%1h1,468.3−0.348%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0113%8h1,469.2−0.286%$29.6M$72.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.4−0.274%$6K$1K10xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,470.7−0.187%$18.1M$43.3M25xas long as short
dYdX ZEC-USD0.0000%1h1,472.4−0.070%$415K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471−0.165%$959K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,469.1−0.292%$83K$405K10xas long as short
Variational Omni ZEC+0.0002%8h1,467.3−0.418%$47.8M$33.5Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.9−0.237%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0024%1h1,474.1+0.047%$8K$9K5xas long as short
Orderly PERP_ZEC_USDC+0.0024%8h1,470.1−0.223%$294K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,468.4−0.341%$4.6M$1.5M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.9−0.239%$382K100xas long as short
OKX ZEC-USDT-SWAP+0.0075%8h1,474.2+0.055%$181.2M$1.29B50xas long as short
Gate ZEC_USDT+0.0088%8h1,473.1−0.022%$50.1M$173.4M75xas long as short
Popdex ZECUSDT+0.0096%1h1,473.8+0.026%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,473.3−0.007%$14K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.9−0.039%$61K$39K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,468.8−0.315%$2.6M$6.5M10x
Hyperliquid ZEC+0.0100%1h1,472.9−0.036%$766.6M$448.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.2−0.081%$14.9M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,473.3−0.008%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.8+0.026%$683.7M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,473.9+0.031%$272.3M$626.0M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.7−0.189%$895K$17K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.2−0.018%$218.8M$790.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.6−0.057%$103.9M$55.3M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,473.4long leg$163.8M$286.6M75x
BingX ZEC-USDC+0.0100%8h1,470.8−0.178%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.4−0.206%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.3−0.215%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5−0.267%$427K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.7−0.318%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.7−0.321%$340K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.2−0.218%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.6−0.328%$458K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.9−0.039%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.3−0.210%$242K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469.3−0.278%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.5−0.196%$3.8M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.3−0.006%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.4−0.274%$51K$164K20xas long as short
Lighter RH ZEC+0.0232%1h1,474.7+0.083%$2.0M$7.0M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0245%1h1,470.9−0.172%$605K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,474.4+0.064%$685K$8.6M10xas long as short
Lighter ZEC+0.0280%1h1,473.8+0.025%$19.2M$47.8M20xas long as short
RISEx ZEC/USDC+0.0374%1h1,474.3+0.056%$856K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,471.8−0.109%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0474%1h1,472.9−0.035%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0750%1h1,470.4−0.205%$43K$46K10xas long as short