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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0153%/8h= +16.8% APRnext payment +$0.19 per $10,000 · paid last 24h +0.021%
Price spread now: StandX against Bulk+0.117%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$230.235% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.052%+$5 on $10k
Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.117%, 7d avg +0.036%
Together, before fees+0.046%+ Points / potential airdropStandX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and StandX is 0.081% dearer against Bulk than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,497−0.0053get 0.0007% / 1h47m 04s$904K$2K10x
ShortStandX ZEC-USD1,498.80.0100get 0.0013% / 1h47m 04s$56K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$32.13
Price spread: +0.117% → +0.036%
$8.09
Slippage, 4 orders
−$8.46
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
$16.77
Costs to cover
0.235%
Break-even
3.3 days
Slippage from Bulk: live order book, 57 min ago; StandX: live order book, 2 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, 57 min ago0.03 bp3.5 bp −$43.9 bp −$394.5 bp −$4507.4 bp −$3,696
Sell StandX live order book, 2 min ago3.77 bp8.5 bp −$912.4 bp −$124doesn'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−0.3442%1h1,495.7−0.089%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,499.1+0.140%$61K$303K10xas long as short
BloFin ZEC-USDT−0.0165%8h1,500+0.201%$31.0M$75.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,500+0.195%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0063%1h1,496.3−0.046%$48K$59K10xas long as short
Bulk ZEC-USDlong−0.0053%1h1,497long leg$904K$2K10x
dYdX ZEC-USD0.0000%1h1,498.4+0.090%$416K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,500.2+0.211%$1.5M$4.5M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,500.5+0.232%$685K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,500+0.199%$5.3M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSD+0.0012%1h1,500.2+0.209%$18.1M$46.5M25xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,499.7+0.177%$302K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,499.7+0.181%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,500+0.197%$172K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,500.1+0.207%$14K$879K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,499+0.131%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,500.1+0.208%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,500.9+0.259%$784.1M$444.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,499.2+0.143%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,499.9+0.193%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,499.7+0.176%$700.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,498.9+0.127%$268.6M$622.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,499+0.133%$182.6M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,498.6+0.105%$408K$557K5xas long as short
Gate ZEC_USDT+0.0100%8h1,499.5+0.168%$55.7M$182.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,499.9+0.194%$250.5M$788.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,500.1+0.203%$103.3M$57.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,499.3+0.149%$161.8M$289.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,499+0.133%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,496.6−0.029%$49.0M$35.0Mas long as short
edgeX ZECUSDC+0.0100%4h1,498.5+0.096%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,497.2+0.010%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,498+0.062%$412K$948K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,498.8+0.117%$56K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,499.7+0.179%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,499.9+0.195%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,499+0.133%$458K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,502.2+0.346%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,500+0.201%$255K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,498.9+0.124%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,500.3+0.217%$4.0M$5.0M50xas long as short
Extended ZEC-USD+0.0104%1h1,500+0.198%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,500+0.201%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,500.5+0.229%$8K$7K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,500.3+0.216%$943K$1.1M10xas long as short
Lighter RH ZEC+0.0144%1h1,501.3+0.286%$2.1M$7.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0157% / S −0.0177%1h1,499.8+0.188%$447K100xas long as short
Lighter ZEC+0.0336%1h1,501.4+0.294%$19.7M$45.0M20xas long as short
Arcus ZEC-USD+0.0403%1h1,500.6+0.239%$615K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,501.9+0.324%$3.7M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,500+0.201%$2.3M$3.9M15xas long as short