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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Bulk−0.126%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−$33as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.126%, 7d avg +0.004%
Together, before fees+0.045%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.130% cheaper against Bulk than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,462.60.0100pay 0.0013% / 1h45m 53s$888K$18K10x
ShortAster ZECUSDT1,460.70.0100get 0.0100% / 8h5h 45m$14.5M$29.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bulk. 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
$0
Price spread: −0.126% → +0.004%
−$13.04
Slippage, 4 orders
−$5.03
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$33.08
Costs to cover
0.200%
Break-even
never at this rate
Slippage from Bulk: live order book, 18 min ago; Aster: 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 Bulk live order book, 18 min ago0.03 bp3.5 bp −$44.9 bp −$498.5 bp −$85014.6 bp −$7,278
Sell Aster live order book, 3 min ago2.02 bp6.9 bp −$710.2 bp −$10224.6 bp −$2,461116.2 bp −$58.1K

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−0.3244%1h1,469.5+0.477%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,459−0.245%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0077%8h1,458.2−0.301%$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,459.7−0.197%$411K$46K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.8−0.187%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,460.1−0.170%$83K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4−0.146%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0036%8h1,460.4−0.148%$292K$979K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0047%1h1,460.9−0.115%$608K$1.3M25xas long as short
Ondo Perps ZEC-USD.P+0.0052%1h1,459.8−0.189%$396K$433K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,460.5−0.140%$379K100xas long as short
ApeX Omni ZECUSDT+0.0073%1h1,462−0.037%$425K$879K50xas long as short
Phoenix ZEC+0.0074%1h1,464.6+0.139%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,460.1−0.171%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8−0.186%$47.4M$31.8Mas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,459.6−0.203%$60K$43K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,460.6−0.132%$19K$840K10xas long as short
Nado ZEC-PERP+0.0100%1h1,460.5−0.140%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,461−0.107%$761.4M$432.8M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,460.7−0.126%$14.5M$29.0M75x
Pacifica ZEC+0.0100%1h1,459.8−0.189%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.2−0.096%$673.6M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,460.8−0.122%$270.8M$604.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,461.3−0.090%$179.8M$1.23B50xas long as short
Bulk ZEC-USDlong+0.0100%1h1,462.6long leg$888K$18K10x
Gate ZEC_USDT+0.0100%8h1,460.8−0.120%$49.9M$170.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461−0.108%$214.8M$770.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,461−0.109%$102.7M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,461.2−0.093%$162.2M$275.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,460.4−0.150%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460.9−0.113%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,462.2−0.024%$569K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,465.6+0.207%$3.0M$417K10xas long as short
StandX ZEC-USD+0.0100%1h1,459.7−0.197%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.1−0.168%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,460.6−0.135%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.1−0.235%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.3−0.018%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.4−0.218%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.3−0.220%$2.5M$18.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.7−0.198%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,461.1−0.099%$2.8M$7.7M10xas long as short
01 Exchange ZECUSD+0.0104%1h1,460.4−0.149%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.2−0.162%$48K$155K20xas long as short
Lighter ZEC+0.0176%1h1,461.2−0.096%$19.1M$45.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.6−0.202%$18.0M$43.7M25xas long as short
Arcus ZEC-USD+0.0277%1h1,461.6−0.064%$710K$8.5M10xas long as short
Lighter RH ZEC+0.0328%1h1,461.4−0.078%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,460.5−0.138%$838K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,462−0.040%$3.6M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0710%1h1,463+0.029%$43K$46K10xas long as short