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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h +0.078%
Price spread now: RISEx against BloFin−0.147%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$210.215% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.405%+$41 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.147%, 7d avg +0.032%
Together, before fees+0.391%+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.179% cheaper against BloFin than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.032%). If the spread goes back, that is −$18 on $10k: about 2.6 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,469.8−0.0080get 0.0080% / 8h2h 34m$29.8M$71.1M75x
ShortRISEx ZEC/USDC1,467.60.0154get 0.0019% / 1h34m 26s$927K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$49.11
Price spread: −0.147% → +0.032%
−$17.93
Slippage, 4 orders
−$3.47
Fee BloFin: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$9.71
Costs to cover
0.215%
Break-even
5.6 days
Slippage from BloFin: live order book, 5 min ago; RISEx: 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, 5 min ago0.68 bp6.7 bp −$77.5 bp −$7511.6 bp −$1,160doesn't fit
Sell RISEx live order book, 4 min ago1.02 bp4.0 bp −$49.4 bp −$94doesn'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−0.3243%1h1,471+0.080%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.9−0.128%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0080%8h1,469.8long leg$29.8M$71.1M75x
dYdX ZEC-USD0.0000%1h1,467.8−0.137%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471+0.080%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,468−0.122%$84K$239K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8−0.135%$618K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.6−0.153%$5.2M150xas long as short
01 Exchange ZECUSD+0.0056%1h1,468.2−0.112%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,467.4−0.165%$293K$896K20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0089%8h1,466.7−0.212%$260.8M$589.6M75xas long as short
Phoenix ZEC+0.0092%1h1,466.5−0.225%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,467.6−0.151%$173K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0097% / S −0.0051%1h1,467.2−0.175%$437K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467−0.191%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.1−0.113%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.9−0.127%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.7−0.075%$764.8M$418.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.5−0.159%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,468−0.122%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.4−0.163%$677.1M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,467−0.188%$178.4M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,465.3−0.306%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.484%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.4−0.167%$53.1M$170.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.6−0.148%$221.9M$761.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,467.5−0.155%$103.2M$52.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.5−0.159%$166.2M$267.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.2−0.176%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5+0.050%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.1−0.119%$573K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.8−0.002%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469−0.058%$406K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.2+0.024%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.4−0.163%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.3−0.170%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.239%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.9+0.139%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469.7−0.010%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,469−0.054%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.3+0.032%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.5−0.159%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.3−0.172%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,469.5−0.022%$2.1M$7.1M10xas long as short
Lighter ZEC+0.0136%1h1,469.2−0.043%$19.4M$43.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,469.6−0.013%$18.0M$45.6M25xas long as short
RISEx ZEC/USDCshort+0.0154%1h1,467.6−0.147%$927K$1.1M10x
Backpack ZEC_USDC_PERP+0.0338%1h1,469.9+0.004%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,473.7+0.265%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,469.2−0.042%$664K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0681%1h1,468.2−0.108%$45K$49K10xas long as short