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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%
Price spread now: StandX against Bullet−0.045%55s7-day average +0.014% · 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−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.045%, 7d avg +0.014%
Together, before fees+0.041%+ Points / potential airdropStandX: Active · farm board+$4 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: StandX is 0.059% cheaper against Bullet than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.014%. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBullet ZEC-USD1,473.80.0100pay 0.0013% / 1h24m 36s$128K$159K20x
ShortStandX ZEC-USD1,473.20.0100get 0.0013% / 1h24m 36s$71K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: −0.045% → +0.014%
−$5.87
Slippage, 4 orders
−$12.6
Fee Bullet: 4 bp × 2 orders
−$8
Fee StandX: 4 bp × 2 orders
−$8
Net
−$34.47
Costs to cover
0.286%
Break-even
never at this rate
Slippage from Bullet: live order book, 44 min ago; StandX: live order book, 5 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, 44 min ago0.31 bp5.8 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell StandX live order book, 5 min ago4.24 bp8.6 bp −$914.1 bp −$141doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,459.3−0.985%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.4−0.029%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0029%1h1,474.1+0.019%$400K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.9+0.072%$18.1M$43.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.2−0.039%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.3+0.102%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,473−0.059%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,473.80.000%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,473.8−0.002%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.041%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,473.6−0.013%$385K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,473.5−0.022%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.156%$4.7M$1.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473−0.058%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,472.8−0.070%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.7−0.078%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.5−0.021%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.9+0.004%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.3+0.032%$767.4M$442.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.7−0.076%$14.8M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,473.4−0.028%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.1−0.050%$680.8M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472.6−0.086%$271.5M$617.5M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.188%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,473−0.056%$50.3M$175.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.3−0.035%$216.2M$800.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.4−0.031%$103.6M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.1−0.050%$163.7M$283.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,473.5−0.023%$100.9Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.102%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475+0.084%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474+0.015%$429K$907K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,473.2−0.045%$71K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,472.9−0.062%$346K$1.8M10xas long as short
Bullet ZEC-USDlong+0.0100%1h1,473.8long leg$128K$159K20x
Derive ZEC-PERP+0.0100%1h1,472.3−0.105%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.2+0.161%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.2+0.026%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.7−0.078%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.2+0.028%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.8−0.068%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,473.6−0.011%$48K$162K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0151%1h1,474.3+0.030%$613K$1.3M25xas long as short
Arcus ZEC-USD+0.0254%1h1,474.6+0.053%$688K$8.6M10xas long as short
Lighter ZEC+0.0272%1h1,474.7+0.059%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0280%1h1,475.1+0.089%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,473.8−0.004%$865K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,475.5+0.114%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0493%1h1,475.2+0.097%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0735%1h1,474.9+0.071%$44K$46K10xas long as short