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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0154%/8h= +16.8% APRnext payment +$1.54 per $10,000 · paid last 24h +0.014%
Price spread now: HTX against Bybit−0.043%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$260.264% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.306%−$31 on $10k
Price spread, last 3 days (all we have)+0.416%+$42 · spread now −0.043%, 7d avg −0.011%
Together, before fees+0.111%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.032% cheaper against Bybit than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of −0.011%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.306%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,461.8−0.0054get 0.0054% / 8h1h 30m$271.0M$673.6M75x
ShortHTX ZEC-USDT1,461.20.0100get 0.0100% / 8h1h 30m$2.5M$24.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
$32.28
Price spread: −0.043% → −0.011%
−$3.21
Slippage, 4 orders
−$3.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
$2.66
Costs to cover
0.264%
Break-even
6.4 days
Slippage from Bybit: live order book, 4 min ago; HTX: live order book, 4 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 Bybit live order book, 4 min ago0.03 bp7.7 bp −$810.0 bp −$10017.9 bp −$1,787doesn't fit
Sell HTX live order book, 4 min ago0.07 bp6.8 bp −$713.4 bp −$13436.9 bp −$3,686doesn'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−0.3310%1h1,463.8+0.140%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,461.9+0.006%$17.8M$45.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0219%1h1,460.2−0.109%$397K$518K5xas long as short
BloFin ZEC-USDT−0.0094%8h1,461.9+0.010%$29.2M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.9+0.078%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1+0.021%$902K$27K10xas long as short
Bybit ZECUSDTlong−0.0054%8h1,461.8long leg$271.0M$673.6M75x
Variational Omni ZEC−0.0025%8h1,460.9−0.058%$46.5M$34.0Mas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.3+0.102%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,462.3+0.037%$412K$104K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,464.3+0.168%$884K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,463.6+0.125%$83K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,462.6+0.058%$595K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.1+0.092%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,462+0.014%$292K$1.5M20xas long as short
ApeX Omni ZECUSDT+0.0029%1h1,462.7+0.062%$429K$821K50xas long as short
Gate ZEC_USDT+0.0046%8h1,462.8+0.067%$49.8M$185.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,462.5+0.051%$176.2M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,463.6+0.125%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,464+0.148%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,462.7+0.062%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463.1+0.087%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.5+0.047%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.4+0.045%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.9+0.076%$758.4M$485.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.8+0.068%$15.6M$33.1M75xas long as short
Pacifica ZEC+0.0100%1h1,463+0.086%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.6+0.057%$674.0M$2.49B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.6+0.053%$222.2M$863.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.4+0.040%$103.5M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463+0.082%$161.9M$306.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463+0.079%$103.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,462.1+0.023%$510K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.6+0.124%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,464.1+0.160%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.6+0.055%$343K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.2+0.096%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.4−0.094%$446K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.1+0.156%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461.9+0.007%$222K$4.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,461.2−0.043%$2.5M$24.1M75x
Phemex ZECUSDT+0.0100%8h1,463.1+0.086%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.2+0.097%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,462.9+0.079%$36K$367K20xas long as short
Lighter ZEC+0.0120%1h1,463.9+0.145%$18.9M$52.6M20xas long as short
Backpack ZEC_USDC_PERP+0.0186%1h1,462.9+0.077%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.4+0.109%$841K$1.4M10xas long as short
Lighter RH ZEC+0.0384%1h1,465+0.216%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.1+0.228%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464.2+0.162%$734K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0553%1h1,464.6+0.191%$40K$34K10xas long as short