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: SunX against Bulk−0.006%7-day average +0.122% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1251.248% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.058%+$6 on $10k
Price spread, last 3 days (all we have)+0.554%+$55 · spread now −0.006%, 7d avg +0.122%
Together, before fees+0.612%+$61 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: SunX is 0.128% 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 +0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk ZEC-USD1,465.90.0100pay 0.0013% / 1h17m 12s$892K$22K10x
ShortSunX ZEC-USDT1,465.80.0100get 0.0100% / 8h7h 17m$3K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.006% → +0.122%
−$12.79
Slippage, 4 orders
−$109.84
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$137.63
Costs to cover
1.248%
Break-even
never at this rate
Slippage from Bulk: live order book, 57 min ago; SunX: live order book, 6 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 −$43.7 bp −$376.6 bp −$65613.4 bp −$6,720
Sell SunX live order book, 6 min ago29.03 bp67.9 bp −$68doesn't fitdoesn'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−0.3321%1h1,466.3+0.031%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,463.8−0.138%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0117%1h1,463.3−0.176%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0115%8h1,463.8−0.141%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465.2−0.044%$6K$2K10xas long as short
Variational Omni ZEC−0.0038%8h1,469.1+0.221%$47.6M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,464.7−0.080%$412K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,463.7−0.152%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.4−0.099%$956K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,464.5−0.096%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0007%1h1,464.3−0.107%$602K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.1−0.124%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0018%8h1,463.4−0.166%$292K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,469.3+0.235%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,463.8−0.139%$376K100xas long as short
OKX ZEC-USDT-SWAP+0.0056%8h1,463.6−0.154%$181.0M$1.29B50xas long as short
Bybit ZECUSDT+0.0078%8h1,463.8−0.142%$272.7M$633.4M75xas long as short
Popdex ZECUSDT+0.0096%1h1,464.2−0.115%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.8−0.077%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,465.1−0.055%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.5−0.027%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.4−0.033%$760.7M$453.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,463.8−0.141%$14.9M$31.7M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4−0.035%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.1−0.120%$681.3M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,466.6+0.046%$705K$8.5M10xas long as short
Bulk ZEC-USDlong+0.0100%1h1,465.9long leg$892K$22K10x
Gate ZEC_USDT+0.0100%8h1,463.9−0.134%$50.6M$180.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.9−0.137%$227.7M$828.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.8−0.074%$103.9M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.8−0.142%$162.8M$292.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463.8−0.140%$100.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.4+0.175%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468+0.145%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5+0.246%$430K$869K50xas long as short
StandX ZEC-USD+0.0100%1h1,467.3+0.099%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.3−0.108%$338K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.7−0.147%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.2−0.254%$456K$509K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,465.8−0.006%$3K$1.2M20x
SoDEX ZEC-USD+0.0100%1h1,463.8−0.145%$241K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463−0.196%$2.5M$21.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.5−0.093%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.9−0.136%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.9−0.135%$54K$164K20xas long as short
Lighter ZEC+0.0224%1h1,465.4−0.033%$19.1M$50.5M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,465.1−0.054%$850K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,466.5+0.040%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0521%1h1,466.2+0.025%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0752%1h1,465.9+0.004%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0764%1h1,467.5+0.109%$43K$46K10xas long as short