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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.060%
Price spread now: Polymarket Perps against BloFin+0.068%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.266% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.130%+$13 on $10k
Price spread, last 4 days (all we have)−0.559%−$56 · spread now +0.068%, 7d avg −0.013%
Together, before fees−0.429%−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Polymarket Perps is 0.081% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,456.6−0.0070get 0.0070% / 8h3h 58m$29.5M$70.8M75x
ShortPolymarket Perps ZEC-USD1,457.60.0100get 0.0013% / 1h58m 54s$354K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$35.66
Price spread: +0.068% → −0.013%
$8.07
Slippage, 4 orders
−$6.59
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$17.15
Costs to cover
0.266%
Break-even
3.6 days
Slippage from BloFin: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago0.07 bp6.1 bp −$67.1 bp −$719.4 bp −$943doesn't fit
Sell Polymarket Perps live order book, 5 min ago2.74 bp6.7 bp −$78.9 bp −$8926.7 bp −$2,672doesn'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−0.3042%1h1,459.7+0.210%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.5+0.264%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0070%8h1,456.6long leg$29.5M$70.8M75x
dYdX ZEC-USD0.0000%1h1,459.6+0.208%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,461+0.301%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,457.5+0.061%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3+0.050%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,457.3+0.046%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,457.4+0.053%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,458+0.092%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,458.5+0.127%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.6+0.137%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4+0.189%$2.9M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.6+0.068%$758.3M$431.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.3+0.048%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,459.2+0.179%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.2−0.025%$668.9M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,455.7−0.065%$261.3M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.1−0.034%$178.1M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.095%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.064%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.6+0.001%$50.6M$169.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456−0.041%$214.0M$763.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.3−0.021%$102.7M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.4−0.014%$165.6M$271.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456−0.042%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457.6+0.069%$47.8M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,457.9+0.091%$567K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.172%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.170%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.7+0.214%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,457.6+0.068%$354K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,457.6+0.069%$161K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.1−0.033%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.4+0.261%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.9+0.019%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457+0.027%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.1+0.036%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.9−0.048%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2+0.040%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.142%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0128%1h1,458.3+0.118%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,457.9+0.088%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,458.2+0.106%$923K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0234%1h1,456.8+0.012%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0256%1h1,457.9+0.086%$19.2M$44.6M20xas long as short
Lighter RH ZEC+0.0312%1h1,458.1+0.100%$2.1M$6.9M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.8+0.012%$18.0M$45.2M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.7+0.209%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,459.6+0.205%$677K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,458.5+0.129%$45K$49K10xas long as short