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% APRpaid last 24h +0.036%
Price spread now: Pacifica against Bybit−0.099%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as 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−0.334%−$33 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.099%, 7d avg −0.005%
Together, before fees−0.229%+ Points / potential airdropPacifica: Active · farm board−$23 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: Pacifica is 0.094% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,476.50.0100pay 0.0100% / 8h6h 32m$272.5M$625.7M75x
ShortPacifica ZEC1,4750.0100get 0.0013% / 1h32m 18s$1.7M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: −0.099% → −0.005%
−$9.4
Slippage, 4 orders
−$7.42
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$35.82
Costs to cover
0.264%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Pacifica: 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 Bybit live order book, 2 min ago0.03 bp5.8 bp −$67.9 bp −$7918.1 bp −$1,809doesn't fit
Sell Pacifica live order book, 2 min ago0.54 bp7.0 bp −$7doesn't fitdoesn'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%1h1,471.7−0.322%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.263%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0018%1h1,471.7−0.324%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,476.6+0.010%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.7−0.192%$415K$56K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.6−0.330%$974K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,474.4−0.142%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.5+0.001%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,476.5+0.002%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0033%8h1,470.4−0.410%$47.9M$33.3Mas 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%1h1,476.4−0.004%$386K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,475.4−0.075%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,471.2−0.358%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,476.6+0.009%$181.7M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.6−0.062%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.8−0.114%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.7−0.123%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476−0.030%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477.7+0.083%$769.1M$444.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.9−0.107%$14.9M$31.0M75xas long as short
Pacifica ZECshort+0.0100%1h1,475−0.099%$1.7M$2.7M10x
Binance ZECUSDT+0.0100%8h1,476.9+0.028%$682.2M$2.34B75xas long as short
Bybit ZECUSDTlong+0.0100%8h1,476.5long leg$272.5M$625.7M75x
Bulk ZEC-USD+0.0100%1h1,470.5−0.406%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.7+0.013%$50.1M$175.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477+0.033%$217.9M$797.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.7+0.012%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476.9+0.026%$164.0M$285.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,476.4−0.009%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.354%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.9−0.242%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.312%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.5−0.270%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.5+0.001%$339K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.6+0.009%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475−0.099%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.044%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.5+0.001%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.4−0.276%$2.5M$19.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.6−0.263%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.3−0.012%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.8+0.019%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.7−0.053%$689K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,476.2−0.016%$19.2M$48.1M20xas long as short
Lighter RH ZEC+0.0296%1h1,475.2−0.084%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0344%1h1,477.4+0.064%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.6−0.062%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,478.3+0.121%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0508%1h1,472.8−0.251%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,472.5−0.270%$44K$46K10xas long as short