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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.007%
Price spread now: GRVT against Bulk−0.005%56s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$200.199% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.033%+$3 on $10k
Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.005%, 7d avg −0.001%
Together, before fees+0.539%+ Points / potential airdropGRVT: Active · farm board+$54 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,454.90.0100pay 0.0013% / 1h57m 42s$896K$37K10x
ShortGRVT ZEC_USDT_Perp1,454.80.0100get 0.0100% / 8h2h 57m$3.0M$512K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.005% → −0.001%
−$0.31
Slippage, 4 orders
−$3.87
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$20.18
Costs to cover
0.199%
Break-even
never at this rate
Slippage from Bulk: live order book, 31 min ago; GRVT: 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 Bulk live order book, 31 min ago0.07 bp3.6 bp −$43.6 bp −$363.6 bp −$3576.5 bp −$3,255
Sell GRVT live order book, 1 min ago1.65 bp6.2 bp −$69.2 bp −$92doesn'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%1h1,455+0.010%$34K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.4−0.172%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,450.9−0.271%$17.6M$44.7M25xas long as short
BloFin ZEC-USDT−0.0058%8h1,452.6−0.155%$29.2M$76.3M75xas long as short
Variational Omni ZEC−0.0041%8h1,455.2+0.025%$46.3M$31.5Mas long as short
Bybit ZECUSDT−0.0020%8h1,450.7−0.289%$268.5M$678.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.6−0.224%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.8−0.212%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,450.8−0.282%$82K$400K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,451.6−0.223%$568K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0005%8h1,451.2−0.257%$291K$1.5M20xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.2−0.251%$5.1M150xas long as short
Polymarket Perps ZEC-USD+0.0017%1h1,450.6−0.295%$298K$2.1M10xas long as short
OKX ZEC-USDT-SWAP+0.0032%8h1,451.2−0.254%$172.5M$1.37B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0042% / S +0.0061%1h1,451.2−0.251%$535K100xas long as short
Phoenix ZEC+0.0045%1h1,455.2+0.019%$4.6M$1.5M10xas long as short
Aster ZECUSDT+0.0046%8h1,451.2−0.251%$15.0M$35.0M75xas long as short
Ondo Perps ZEC-USD.P+0.0049%1h1,449.9−0.343%$395K$522K5xas long as short
Gate ZEC_USDT+0.0052%8h1,451.6−0.229%$49.2M$184.0M75xas long as short
01 Exchange ZECUSD+0.0056%1h1,451.1−0.262%$8K$8K5xas long as short
MEXC ZEC_USDT+0.0092%8h1,451.4−0.240%$212.9M$876.4M150xas long as short
Binance ZECUSDT+0.0093%8h1,451.3−0.246%$660.4M$2.56B75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,451.3−0.249%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,450.6−0.293%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.3−0.245%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.8−0.211%$3.0M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.4−0.171%$753.5M$506.9M10xas long as short
Pacifica ZEC+0.0100%1h1,451.7−0.220%$1.6M$3.1M10xas long as short
Bulk ZEC-USDlong+0.0100%1h1,454.9long leg$896K$37K10x
KuCoin ZECUSDTM+0.0100%8h1,451.5−0.232%$102.9M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.6−0.226%$163.0M$317.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.9−0.272%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.3−0.176%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,454.7−0.013%$488K$9.9M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,454.8−0.005%$3.0M$512K10x
ApeX Omni ZECUSDT+0.0100%1h1,454.2−0.047%$712K$608K50xas long as short
StandX ZEC-USD+0.0100%1h1,453−0.133%$109K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,451.1−0.262%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450−0.335%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.7−0.013%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.3−0.248%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.5−0.300%$2.4M$25.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.8−0.214%$3.7M$5.5M50xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.6−0.229%$36K$362K20xas long as short
Lighter ZEC+0.0128%1h1,452.5−0.162%$18.8M$53.5M20xas long as short
RISEx ZEC/USDC+0.0219%1h1,451.4−0.239%$861K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,453.2−0.117%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,454.8−0.009%$39K$32K10xas long as short
Extended ZEC-USD+0.0480%1h1,452.3−0.180%$3.3M$7.0M10xas long as short
Arcus ZEC-USD+0.0518%1h1,454−0.058%$752K$7.8M10xas long as short
Lighter RH ZEC+0.0608%1h1,453.8−0.073%$2.0M$8.3M10xas long as short