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: StandX against BloFin+0.126%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs+$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$320.317% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.418%+$42 on $10k
Price spread, last 3 days (all we have)−0.596%−$60 · spread now +0.126%, 7d avg −0.004%
Together, before fees−0.178%+ Points / potential airdropStandX: Active · farm board−$18 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 StandX is 0.130% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ZEC-USDT1,454.8−0.0086get 0.0086% / 8h2h 22m$28.6M$75.4M75x
ShortStandX ZEC-USD1,456.60.0100get 0.0013% / 1h22m 54s$109K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$39.01
Price spread: +0.126% → −0.004%
$12.96
Slippage, 4 orders
−$11.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
$20.31
Costs to cover
0.317%
Break-even
3.4 days
Slippage from BloFin: live order book, 6 min ago; StandX: 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 ago0.14 bp6.1 bp −$66.1 bp −$619.2 bp −$923doesn't fit
Sell StandX live order book, 1 min ago4.95 bp10.3 bp −$1014.0 bp −$140doesn'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%1h1,433.1−1.490%$33K$275K12xas long as short
BloFin ZEC-USDTlong−0.0086%8h1,454.8long leg$28.6M$75.4M75x
Hotstuff ZEC-PERP−0.0080%1h1,455.8+0.066%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,454.6−0.013%$17.7M$44.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,455.1+0.017%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,455.4+0.037%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,454.4−0.027%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,455.4+0.038%$592K$1.3M25xas long as short
Variational Omni ZEC+0.0005%8h1,459.3+0.307%$45.7M$33.1Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,455.1+0.019%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0009%8h1,454.7−0.008%$267.6M$677.1M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,454.7−0.010%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0023% / S +0.0072%1h1,454.6−0.012%$565K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,454.8−0.001%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0059%8h1,455.6+0.057%$173.0M$1.36B50xas long as short
Gate ZEC_USDT+0.0077%8h1,455+0.013%$49.4M$190.3M75xas long as short
Aster ZECUSDT+0.0092%8h1,455+0.014%$15.3M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.6−0.012%$13K$871K10xas long as short
Lighter ZEC+0.0096%1h1,456.4+0.111%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,454.6−0.012%$172K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.8−0.003%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456+0.084%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,455.7+0.061%$752.4M$493.8M10xas long as short
Pacifica ZEC+0.0100%1h1,455.1+0.017%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,455.1+0.020%$663.5M$2.54B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458.6+0.261%$395K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.674%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,455+0.013%$215.5M$896.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.3+0.030%$103.0M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,455+0.014%$161.0M$313.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,455.2+0.026%$101.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,455.8+0.069%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,457.3+0.174%$490K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.6+0.331%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.8+0.271%$455K$800K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,456.6+0.126%$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,454.3−0.035%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.3−0.035%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.5−0.087%$442K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.8+0.137%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.9+0.005%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,455.2+0.027%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.2+0.024%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,460.3+0.380%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,455.5+0.044%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.5−0.018%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,455.3+0.032%$868K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,456.5+0.118%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,454.9+0.006%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.8+0.134%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0648%1h1,457.1+0.157%$1.9M$8.5M10xas long as short