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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0310%/8h= +34.0% APRpaid last 24h +0.038%
Price spread now: RISEx against Bybit+0.166%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$200.200% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.224%+$22 on $10k
Price spread, last 7 days−0.157%−$16 · spread now +0.166%, 7d avg +0.026%
Together, before fees+0.067%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.140% dearer against Bybit than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ZECUSDT1,469−0.0082get 0.0082% / 8h7h 38m$274.3M$638.6M75x
ShortRISEx ZEC/USDC1,471.40.0228get 0.0029% / 1h38m 20s$841K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$65.19
Price spread: +0.166% → +0.026%
$14.01
Slippage, 4 orders
−$3
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee RISEx: 3 bp × 2 orders
−$6
Net
$59.2
Costs to cover
0.200%
Break-even
0.6 days
Slippage from Bybit: live order book, 1 min ago; RISEx: live order book, just now.

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, 1 min ago0.03 bp5.6 bp −$68.1 bp −$8117.0 bp −$1,70334.6 bp −$17.3K
Sell RISEx live order book, just now0.88 bp3.9 bp −$48.0 bp −$80doesn't fitdoesn'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%1h1,472+0.207%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0342%1h1,471.4+0.167%$17.9M$43.1M25xas long as short
Ondo Perps ZEC-USD.P−0.0149%1h1,469.6+0.042%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0103%8h1,471.2+0.148%$29.8M$73.5M75xas long as short
Bybit ZECUSDTlong−0.0082%8h1,469long leg$274.3M$638.6M75x
Hotstuff ZEC-PERP−0.0080%1h1,471.5+0.173%$6K$2K10xas long as short
Variational Omni ZEC−0.0058%8h1,471.8+0.189%$47.7M$34.3Mas long as short
dYdX ZEC-USD0.0000%1h1,471.2+0.149%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.4+0.167%$957K$5.3M2.2xas long as short
Perpl ZEC0.0000%43m1,471.1+0.144%$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%1h1,469.8+0.054%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.3+0.022%$293K$1.4M20xas long as short
OKX ZEC-USDT-SWAP+0.0043%8h1,469.4+0.026%$181.9M$1.31B50xas long as short
01 Exchange ZECUSD+0.0048%1h1,469.9+0.062%$8K$8K5xas long as short
Phoenix ZEC+0.0054%1h1,471.1+0.145%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.7+0.046%$378K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0088%1h1,472.1+0.210%$614K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,470.6+0.106%$176K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.2+0.150%$60K$39K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,471.1+0.141%$14K$836K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.5+0.172%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.6+0.178%$763.6M$454.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.6+0.112%$14.9M$32.1M75xas long as short
Pacifica ZEC+0.0100%1h1,471.5+0.174%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.6+0.043%$684.0M$2.39B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.1+0.215%$698K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.136%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,469.6+0.042%$51.4M$178.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,469.9+0.059%$230.7M$823.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.8+0.124%$105.3M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,469.3+0.020%$163.4M$294.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470+0.069%$100.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.4+0.098%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.6+0.248%$3.0M$454K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470.1+0.073%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,471.7+0.184%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470.1+0.076%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469.5+0.035%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.7−0.091%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.4+0.297%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.4+0.164%$242K$4.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470.2+0.082%$2.5M$21.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.1+0.212%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.6+0.044%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,469.4+0.028%$63K$178K20xas long as short
Lighter ZEC+0.0176%1h1,472.5+0.238%$19.2M$50.3M20xas long as short
RISEx ZEC/USDCshort+0.0228%1h1,471.4+0.166%$841K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,473.6+0.314%$3.8M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0556%1h1,472.1+0.210%$2.6M$3.8M15xas long as short
Lighter RH ZEC+0.0768%1h1,473.5+0.309%$2.0M$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0770%1h1,472.3+0.228%$44K$48K10xas long as short