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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.071%
Price spread now: Pacifica against BloFin+0.021%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as 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 7 days−0.019%−$2 on $10k
Price spread, last 3 days (all we have)−0.254%−$25 · spread now +0.021%, 7d avg −0.004%
Together, before fees−0.273%+ Points / potential airdropPacifica: Active · farm board−$27 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 Pacifica is 0.025% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.004%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,470.6−0.0102get 0.0102% / 8h28m 08s$29.6M$75.2M75x
ShortPacifica ZEC1,470.90.0100get 0.0013% / 1h28m 08s$1.7M$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$42.44
Price spread: +0.021% → −0.004%
$2.49
Slippage, 4 orders
−$4.42
Fee BloFin: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$20.52
Costs to cover
0.244%
Break-even
3.6 days
Slippage from BloFin: live order book, 6 min ago; Pacifica: live order book, 1 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, 6 min ago0.10 bp6.1 bp −$66.3 bp −$63doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago1.33 bp6.2 bp −$6doesn't fitdoesn'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−0.3089%1h1,472.5+0.128%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0257%1h1,468.3−0.154%$399K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,470−0.042%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0112%8h1,468.2−0.161%$274.6M$654.3M75xas long as short
BloFin ZEC-USDTlong−0.0102%8h1,470.6long leg$29.6M$75.2M75x
Hotstuff ZEC-PERP−0.0080%1h1,470.7+0.006%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.121%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0045%1h1,470.3−0.016%$431K$841K50xas long as short
dYdX ZEC-USD0.0000%1h1,471+0.031%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.1+0.103%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,470.1−0.031%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,470.3−0.020%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.1−0.029%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,470.4−0.012%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8+0.015%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0026%1h1,470.8+0.012%$613K$1.3M25xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,468.8−0.120%$180.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,469.6−0.069%$50.8M$186.5M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,470.2−0.023%$371K100xas long as short
Lighter ZEC+0.0096%1h1,471+0.031%$19.1M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,470.1−0.029%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,469.4−0.080%$13K$836K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.2−0.023%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,470.6+0.005%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,470.4−0.012%$762.4M$474.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.5−0.075%$15.0M$32.7M75xas long as short
Pacifica ZECshort+0.0100%1h1,470.9+0.021%$1.7M$2.9M10x
Binance ZECUSDT+0.0100%8h1,469−0.110%$682.9M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.2+0.114%$720K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.055%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.5−0.072%$231.4M$838.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.7−0.058%$103.5M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.4−0.080%$162.8M$301.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,468.8−0.119%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.032%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2−0.028%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,471.2+0.043%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470−0.039%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.9−0.049%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,468.5−0.143%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.4+0.122%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7−0.058%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.107%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.2−0.029%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,470.3−0.021%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,470.1−0.029%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,470.9+0.023%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0416%1h1,470.1−0.029%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.5+0.200%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0472%1h1,471.7+0.078%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0712%1h1,471.6+0.072%$46K$47K10xas long as short