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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%
Price spread now: HTX against Bulk+0.094%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.032%−$3 on $10k
Price spread, last 3 days (all we have)+0.570%+$57 · spread now +0.094%, 7d avg −0.005%
Together, before fees+0.538%+$54 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: HTX is 0.098% dearer against Bulk than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,465.90.0100pay 0.0013% / 1h11m 18s$892K$22K10x
ShortHTX ZEC-USDT1,467.30.0100get 0.0100% / 8h7h 11m$2.5M$19.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.094% → −0.005%
$9.85
Slippage, 4 orders
−$4.73
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee HTX: 6 bp × 2 orders
−$12
Net
−$13.88
Costs to cover
0.237%
Break-even
never at this rate
Slippage from Bulk: live order book, 63 min ago; HTX: 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, 63 min ago0.03 bp3.5 bp −$43.7 bp −$376.6 bp −$65613.4 bp −$6,720
Sell HTX live order book, 3 min ago0.03 bp10.2 bp −$1016.8 bp −$16845.7 bp −$4,567doesn'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−0.3321%1h1,469.7+0.259%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,466.3+0.028%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,466.6+0.049%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0114%8h1,467+0.075%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.6+0.046%$6K$2K10xas long as short
Variational Omni ZEC−0.0021%8h1,466.4+0.033%$47.6M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,466.4+0.036%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,466.3+0.025%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.1+0.152%$959K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,466.4+0.038%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.2+0.087%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0020%8h1,466.9+0.072%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.7+0.261%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,467.2+0.087%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0062%8h1,467+0.079%$181.2M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,466.3+0.028%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,466+0.010%$11K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.6+0.046%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.8+0.062%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.5+0.111%$762.3M$454.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.6+0.050%$14.9M$31.4M75xas long as short
Pacifica ZEC+0.0100%1h1,466.8+0.066%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.3+0.096%$682.0M$2.36B75xas long as short
Bybit ZECUSDT+0.0100%8h1,466.9+0.069%$273.0M$629.1M75xas long as short
Arcus ZEC-USD+0.0100%1h1,468.1+0.149%$699K$8.6M10xas long as short
Bulk ZEC-USDlong+0.0100%1h1,465.9long leg$892K$22K10x
Gate ZEC_USDT+0.0100%8h1,467.3+0.096%$50.3M$181.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467+0.074%$226.6M$829.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.5+0.043%$104.0M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.3+0.098%$163.2M$290.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,467.6+0.119%$100.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,466.3+0.030%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.2+0.093%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.1+0.012%$426K$881K50xas long as short
StandX ZEC-USD+0.0100%1h1,467+0.073%$80K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,466.7+0.056%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.8+0.065%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.4−0.034%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.1+0.220%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.4+0.032%$242K$3.9M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,467.3+0.094%$2.5M$19.3M75x
Phemex ZECUSDT+0.0100%8h1,466.9+0.066%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.5+0.040%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.1+0.084%$54K$164K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,466.8+0.059%$851K$1.0M10xas long as short
Lighter ZEC+0.0240%1h1,467.9+0.136%$19.1M$50.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0295%1h1,467.1+0.081%$603K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,468.5+0.182%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0511%1h1,467.1+0.081%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0736%1h1,468.5+0.180%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0761%1h1,467.9+0.139%$43K$46K10xas long as short