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+0.0171%/8h= +18.7% APRpaid last 24h +0.050%
Price spread now: SoDEX against BloFin−0.001%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.163%+$16 on $10k
Price spread, last 4 days (all we have)+0.187%+$19 · spread now −0.001%, 7d avg +0.004%
Together, before fees+0.350%+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,454.2−0.0071get 0.0071% / 8h3h 51m$29.4M$70.5M75x
ShortSoDEX ZEC-USD1,454.20.0100get 0.0013% / 1h51m 06s$233K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$35.83
Price spread: −0.001% → +0.004%
−$0.53
Slippage, 4 orders
−$1.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$13.35
Costs to cover
0.219%
Break-even
4.4 days
Slippage from BloFin: live order book, 3 min ago; SoDEX: live order book, 3 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, 3 min ago0.10 bp7.3 bp −$79.3 bp −$93doesn't fitdoesn't fit
Sell SoDEX live order book, 3 min ago0.03 bp4.2 bp −$414.9 bp −$149100.3 bp −$10.0Kdoesn'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%1h1,455.4+0.080%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454−0.019%$6K$1K10xas long as short
BloFin ZEC-USDTlong−0.0071%8h1,454.2long leg$29.4M$70.5M75x
dYdX ZEC-USD0.0000%1h1,454.3+0.005%$410K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.4+0.012%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.4−0.055%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.3+0.001%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,453.8−0.030%$290K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,454−0.019%$408K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453.3−0.067%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,453.7−0.036%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.9−0.023%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.9−0.023%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,454.2−0.002%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.7−0.035%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.3+0.004%$667.9M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,453.4−0.057%$261.0M$600.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,454.2−0.001%$177.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,454.1−0.009%$395K$441K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454−0.015%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453.9−0.023%$50.5M$170.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.20.000%$214.4M$765.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.5+0.017%$102.6M$53.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454.5+0.021%$165.4M$270.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454.1−0.010%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,453−0.082%$47.6M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8+0.108%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.157%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.190%$404K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,455.5+0.085%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,453.8−0.030%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454−0.012%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.7−0.104%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.4+0.083%$3K$1.1M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,454.2−0.001%$233K$3.2M10x
HTX ZEC-USDT+0.0100%8h1,452.7−0.102%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454.6+0.024%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,454.1−0.012%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453.8−0.033%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,453.8−0.031%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,457.5+0.224%$4.6M$1.3M10xas long as short
Lighter RH ZEC+0.0120%1h1,455.4+0.083%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0136%1h1,455.5+0.087%$757.1M$428.5M10xas long as short
Lighter ZEC+0.0176%1h1,455.5+0.088%$19.2M$44.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0180%1h1,454.6+0.022%$2.4M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0210%1h1,454.7+0.033%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,453.5−0.051%$920K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.2−0.003%$18.0M$45.1M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.7+0.104%$686K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.9+0.184%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0682%1h1,455.7+0.100%$45K$49K10xas long as short