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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bulk against Bullet−0.041%49s7-day average −0.044% · 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−$210.205% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.040%−$4 on $10k
Price spread, last 4 days (all we have)−0.464%−$46 · spread now −0.041%, 7d avg −0.044%
Together, before fees−0.504%−$50 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,454.50.0100pay 0.0013% / 1h31m 44s$160K$184K20x
ShortBulk ZEC-USD1,453.90.0100get 0.0013% / 1h31m 44s$878K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against Bullet. 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: −0.041% → −0.044%
$0.22
Slippage, 4 orders
−$5.55
Fee Bullet: 4 bp × 2 orders
−$8
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$20.33
Costs to cover
0.205%
Break-even
never at this rate
Slippage from Bullet: live order book, 22 min ago; Bulk: live order book, 22 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 Bullet live order book, 22 min ago1.68 bp7.2 bp −$713.4 bp −$134doesn't fitdoesn't fit
Sell Bulk live order book, 22 min ago0.03 bp3.5 bp −$43.7 bp −$376.7 bp −$66516.8 bp −$8,400

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−0.3042%1h1,453.9−0.040%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.9+0.027%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,455+0.035%$29.5M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,455+0.039%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,454.4−0.008%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.4−0.006%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.9+0.031%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0082% / S −0.0033%1h1,454.4−0.003%$433K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453.9−0.037%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.2+0.188%$14K$821K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,455.4+0.062%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.3−0.013%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456.3+0.125%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.6+0.149%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.5+0.140%$670.1M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.5+0.141%$261.4M$599.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.8+0.162%$178.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7+0.085%$395K$434K5xas long as short
Bulk ZEC-USDshort+0.0100%1h1,453.9−0.041%$878K$18K10x
Gate ZEC_USDT+0.0100%8h1,456.9+0.165%$51.1M$171.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.6+0.144%$218.8M$769.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.6+0.147%$102.7M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457.2+0.190%$165.7M$270.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,455.9+0.100%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,450.8−0.253%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.5−0.204%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.6−0.131%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.2−0.017%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.2−0.089%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.2−0.019%$352K$1.8M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,454.5long leg$160K$184K20x
Derive ZEC-PERP+0.0100%1h1,453.6−0.058%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.5+0.207%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455+0.036%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.026%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.1+0.045%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,456.8+0.162%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.6+0.010%$47K$151K20xas long as short
Kalshi KXZECPERP+0.0108%8h1,455.7+0.083%$1.5M$4.4M2.2xas long as short
Lighter RH ZEC+0.0112%1h1,457.8+0.226%$2.1M$7.0M10xas long as short
01 Exchange ZECUSD+0.0112%1h1,454.6+0.012%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,454.3−0.013%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0125%1h1,455.5+0.070%$2.4M$3.8M15xas long as short
Hyperliquid ZEC+0.0135%1h1,457.8+0.229%$759.0M$425.9M10xas long as short
Lighter ZEC+0.0160%1h1,457.6+0.216%$19.2M$44.9M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0209%1h1,455.4+0.065%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,457.2+0.187%$921K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.8+0.021%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.2+0.255%$698K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.2+0.254%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,453.9−0.037%$44K$49K10xas long as short