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 +0.006%
Price spread now: HTX against Bullet−0.051%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$310.312% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.072%−$7 on $10k
Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.051%, 7d avg −0.016%
Together, before fees+0.182%+$18 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 0.035% cheaper against Bullet than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,473.30.0100pay 0.0013% / 1h7m 08s$128K$158K20x
ShortHTX ZEC-USDT1,472.50.0100get 0.0100% / 8h7h 07m$2.5M$19.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.051% → −0.016%
−$3.48
Slippage, 4 orders
−$11.18
Fee Bullet: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$34.67
Costs to cover
0.312%
Break-even
never at this rate
Slippage from Bullet: live order book, 2 min ago; HTX: 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 Bullet live order book, 2 min ago0.31 bp5.8 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell HTX live order book, 2 min ago2.86 bp9.9 bp −$1017.0 bp −$17037.6 bp −$3,755doesn'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%1h1,471.6−0.118%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,473.9+0.044%$18.0M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,467.7−0.380%$398K$517K5xas long as short
BloFin ZEC-USDT−0.0116%8h1,472.9−0.024%$29.7M$72.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,470.9−0.164%$6K$2K10xas long as short
Variational Omni ZEC−0.0021%8h1,466.4−0.470%$47.6M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,470.2−0.212%$414K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,471−0.157%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473−0.021%$960K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,471.9−0.094%$84K$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%1h1,473.7+0.026%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0021%8h1,474.2+0.062%$294K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,470−0.224%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,473.6+0.022%$379K100xas long as short
OKX ZEC-USDT-SWAP+0.0066%8h1,471.9−0.095%$181.8M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,472.1−0.084%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.2−0.142%$12K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.7−0.173%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.1−0.015%$2.6M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.6+0.021%$767.3M$451.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474+0.050%$14.9M$31.3M75xas long as short
Pacifica ZEC+0.0100%1h1,470.9−0.160%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.3−0.066%$684.4M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,471.8−0.103%$273.3M$628.8M75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.2−0.074%$692K$8.6M10xas long as short
Bulk ZEC-USD+0.0100%1h1,467.8−0.372%$893K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.8−0.031%$50.4M$182.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.1−0.016%$218.4M$831.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.2+0.059%$104.8M$55.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.7−0.040%$163.9M$289.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,474.1+0.053%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.5−0.328%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,469.6−0.250%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.7−0.242%$427K$880K50xas long as short
StandX ZEC-USD+0.0100%1h1,470.4−0.200%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.013%$341K$1.7M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,473.3long leg$128K$158K20x
Derive ZEC-PERP+0.0100%1h1,472.7−0.038%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.1+0.056%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,473.9+0.038%$243K$3.9M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,472.5−0.051%$2.5M$19.2M75x
Phemex ZECUSDT+0.0100%8h1,473.7+0.028%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,474+0.048%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,473.8+0.037%$55K$161K20xas long as short
RISEx ZEC/USDC+0.0228%1h1,471.8−0.099%$854K$1.0M10xas long as short
Lighter ZEC+0.0232%1h1,474.8+0.102%$19.2M$50.6M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0409%1h1,475.1+0.123%$607K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,476.4+0.211%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0515%1h1,473.6+0.019%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0704%1h1,475.3+0.133%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0754%1h1,469.5−0.259%$43K$46K10xas long as short