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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0186%/8h= +20.3% APRpaid last 24h +0.071%
Price spread now: Nado against BloFin+0.080%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.172%+$17 on $10k
Price spread, last 3 days (all we have)−0.534%−$53 · spread now +0.080%, 7d avg +0.019%
Together, before fees−0.361%+ Points / potential airdropNado: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Nado is 0.061% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,455.1−0.0086get 0.0086% / 8h2h 24m$28.6M$75.4M75x
ShortNado ZEC-PERP1,456.30.0100get 0.0012% / 1h24m 47s$2.5M$7.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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
$38.96
Price spread: +0.080% → +0.019%
$6.07
Slippage, 4 orders
−$3.74
Fee BloFin: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$22.29
Costs to cover
0.227%
Break-even
3.0 days
Slippage from BloFin: live order book, 4 min ago; Nado: live order book, 4 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 BloFin live order book, 4 min ago0.14 bp6.1 bp −$66.1 bp −$619.2 bp −$923doesn't fit
Sell Nado live order book, 4 min ago0.03 bp4.6 bp −$511.8 bp −$118doesn'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−0.3476%1h1,433.1−1.510%$33K$275K12xas long as short
BloFin ZEC-USDTlong−0.0086%8h1,455.1long leg$28.6M$75.4M75x
Hotstuff ZEC-PERP−0.0080%1h1,458.5+0.230%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,455.6+0.031%$17.7M$44.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,455.1+0.002%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.3+0.151%$915K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,455.8+0.050%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,456.5+0.097%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0005%8h1,459.3+0.286%$45.7M$33.1Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,456.4+0.087%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0011%8h1,454.6−0.038%$267.6M$677.7M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,455.8+0.046%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0024% / S +0.0072%1h1,456+0.063%$565K100xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,455.3+0.013%$173.0M$1.36B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,455.8+0.045%$8K$8K5xas long as short
Gate ZEC_USDT+0.0078%8h1,454.8−0.025%$49.3M$190.1M75xas long as short
Aster ZECUSDT+0.0091%8h1,455−0.010%$15.3M$34.7M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,455.7+0.038%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,456.3+0.084%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,455.7+0.042%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,455.1+0.001%$60K$38K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,456.3+0.080%$2.5M$7.1M10x
Hyperliquid ZEC+0.0100%1h1,456+0.061%$752.5M$493.7M10xas long as short
Pacifica ZEC+0.0100%1h1,455.4+0.023%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.8−0.021%$663.3M$2.54B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.6+0.240%$395K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.694%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.3+0.015%$216.3M$895.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.2+0.003%$103.0M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455.6+0.034%$161.1M$313.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455−0.010%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455.8+0.044%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.3+0.154%$490K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.6+0.310%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.8+0.250%$455K$800K50xas long as short
StandX ZEC-USD+0.0100%1h1,458.2+0.209%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,455.4+0.020%$348K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,455.6+0.035%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,454.7−0.025%$442K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.6+0.169%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455.8+0.045%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457+0.130%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.5+0.094%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,460.3+0.359%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,455.2+0.003%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,456+0.063%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,456.3+0.083%$869K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,458.2+0.212%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0459%1h1,454.2−0.063%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,457.5+0.162%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0664%1h1,456.9+0.124%$1.9M$8.5M10xas long as short