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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.013%
Price spread now: Perpl against Bitget−0.035%7-day average −0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.156%+$16 on $10k
Price spread, last 4 days (all we have)+0.927%+$93 · spread now −0.035%, 7d avg −0.027%
Together, before fees+1.084%+ Points / potential airdropPerpl: Active · farm board+$108 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.156%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ZECUSDT1,460.30.0100pay 0.0100% / 8h5h 18m$162.3M$272.9M75x
ShortPerpl ZEC1,459.80get 0.0000% / 43m6m 34s$83K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.035% → −0.027%
−$0.76
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$47.56
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 6 min ago; Perpl: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago0.03 bp7.8 bp −$811.8 bp −$118doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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 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−0.3244%1h1,459.5−0.056%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,460.5+0.013%$29.1M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,459.2−0.075%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,460−0.021%$411K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.4−0.060%$1.5M$5.1M2.2xas long as short
Perpl ZECshort0.0000%43m1,459.8−0.035%$83K$241K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,459.4−0.062%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0048%8h1,460.2−0.010%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,459.3−0.066%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,461.6+0.089%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,459.6−0.050%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.1−0.012%$16K$866K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,460.3−0.001%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.2−0.008%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461.5+0.081%$764.5M$430.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,459.7−0.040%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,460.3−0.003%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,460−0.019%$668.7M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,459.2−0.077%$265.1M$604.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,460.3−0.002%$178.7M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.8−0.172%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.288%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,459.9−0.026%$49.8M$174.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,460.2−0.008%$213.3M$778.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.2−0.007%$102.3M$55.6M75xas long as short
Bitget ZECUSDTlong+0.0100%8h1,460.3long leg$162.3M$272.9M75x
BingX ZEC-USDC+0.0100%8h1,458.6−0.116%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,461.1+0.052%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,459−0.087%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,459.6−0.049%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.7−0.045%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.4−0.060%$410K$913K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.9−0.097%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460−0.021%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,459.6−0.050%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,458.7−0.111%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,461.6+0.088%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,460.4+0.003%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,460.1−0.015%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.1−0.012%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,459.2−0.076%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.4−0.132%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0144%1h1,460.1−0.014%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,460.6+0.022%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0232%1h1,461.5+0.085%$19.2M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,461.2+0.062%$705K$8.5M10xas long as short
Lighter RH ZEC+0.0376%1h1,461.8+0.102%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,460−0.020%$835K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,461.5+0.079%$3.8M$9.1M50xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0471%1h1,461+0.047%$614K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0700%1h1,459.2−0.075%$45K$49K10xas long as short