Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.036%

Price spread now: StandX against Bybit+0.513%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs+$20as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Bybit Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days−0.533%−$53 · spread now +0.513%, 7d avg +0.012%

Together, before fees−0.432%+ Points / potential airdropStandX: Active · farm board−$43 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 0.501% dearer against Bybit than usual: you sell high and buy low, +$50 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit ZECUSDT	1,452	0.0100	pay 0.0100% / 8h	5h 40m	$267.7M	$608.6M	75x
Short	StandX ZEC-USD	1,459.5	0.0100	get 0.0013% / 1h	40m 22s	$70K	$4.7M	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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

Position, each leg$Hold fordaysFee BybitbpFee StandXbpOrdersPrice spread, now +0.513%Rate

Funding earned: $0
Price spread: +0.513% → +0.012%: $50.06
Slippage, 4 orders: −$11.06
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee StandX: 4 bp × 2 orders: −$8
Net: $20
Costs to cover: 0.301%
Break-even: from the start

Slippage from Bybit: live order book, 4 min ago; StandX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	0.03 bp	6.2 bp −$6	7.9 bp −$79	17.1 bp −$1,705	35.4 bp −$17.7K
Sell StandX live order book, 4 min ago	4.21 bp	9.7 bp −$10	13.5 bp −$135	doesn't fit	doesn't fit

ZEC on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3244%	1h	1,460	+0.552%	$34K	$272K	12x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,454.4	+0.161%	$6K	$1K	10x	as long as short
BloFin ZEC-USDT	−0.0078%	8h	1,455.1	+0.211%	$29.4M	$70.8M	75x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,454.3	+0.159%	$410K	$45K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,458.7	+0.459%	$962K	$4.5M	2.2x	as long as short
Perpl ZEC	0.0000%	43m	1,453.3	+0.087%	$83K	$249K	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	0.0000%	1h	1,452.2	+0.011%	$604K	$1.3M	25x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,452.3	+0.019%	$5.1M	—	150x	as long as short
Orderly PERP_ZEC_USDC	+0.0038%	8h	1,451.8	−0.014%	$290K	$979K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0054% / S −0.0009%	1h	1,451.9	−0.006%	$377K	—	100x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ZEC-USD.P	+0.0061%	1h	1,459	+0.481%	$396K	$433K	5x	as long as short
Phoenix ZEC	+0.0074%	1h	1,459.6	+0.522%	$4.6M	$1.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,454.3	+0.156%	$173K	$1.8M	50x	as long as short
Katana Perps ZEC-USD	+0.0100%	8h	1,453.9	+0.127%	$11K	$853K	10x	as long as short
Paradex ZEC-USD-PERP	+0.0100%	8h	1,453.7	+0.116%	$60K	$43K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,454.2	+0.148%	$2.5M	$6.5M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,454.7	+0.185%	$757.0M	$434.2M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,453.2	+0.082%	$14.4M	$28.8M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,454.4	+0.166%	$1.7M	$2.6M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,452.3	+0.022%	$666.8M	$2.25B	75x	as long as short
Bybit ZECUSDTlong	+0.0100%	8h	1,452	long leg	$267.7M	$608.6M	75x
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,452.1	+0.003%	$179.1M	$1.23B	50x	as long as short
Bulk ZEC-USD	+0.0100%	1h	1,458.7	+0.457%	$886K	$16K	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,452	−0.003%	$49.7M	$171.5M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,453.1	+0.074%	$212.2M	$772.6M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,454.2	+0.148%	$102.2M	$55.8M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,452.2	+0.013%	$161.0M	$276.3M	75x	as long as short
BingX ZEC-USDT	+0.0100%	8h	1,452.7	+0.050%	—	$97.3M	—	as long as short
Backpack ZEC_USDC_PERP	+0.0100%	1h	1,454.6	+0.176%	$2.4M	$3.8M	15x	as long as short
Variational Omni ZEC	+0.0100%	8h	1,454.9	+0.199%	$47.2M	$32.0M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,459.6	+0.522%	$568K	$8.8M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,459.3	+0.499%	$3.0M	$418K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,458.9	+0.470%	$420K	$883K	50x	as long as short
StandX ZEC-USDshort	+0.0100%	1h	1,459.5	+0.513%	$70K	$4.7M	30x
Polymarket Perps ZEC-USD	+0.0100%	1h	1,453.3	+0.088%	$323K	$1.8M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,452	−0.003%	$126K	$160K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,450.7	−0.093%	$443K	$521K	6.7x	as long as short
SunX ZEC-USDT	+0.0100%	8h	1,454.7	+0.182%	$3K	$1.2M	20x	as long as short
SoDEX ZEC-USD	+0.0100%	1h	1,452.2	+0.015%	$232K	$3.5M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,454	+0.134%	$2.6M	$18.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,455.2	+0.218%	$3.8M	$5.1M	50x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,451.8	−0.016%	$2.8M	$7.7M	10x	as long as short
01 Exchange ZECUSD	+0.0104%	1h	1,454.6	+0.178%	$8K	$7K	5x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,451.7	−0.020%	$48K	$155K	20x	as long as short
Lighter ZEC	+0.0168%	1h	1,456	+0.274%	$19.1M	$46.1M	20x	as long as short
Kraken Futures PF_ZECUSD	+0.0196%	1h	1,452.5	+0.035%	$17.8M	$44.0M	25x	as long as short
Arcus ZEC-USD	+0.0277%	1h	1,456.5	+0.308%	$720K	$8.5M	10x	as long as short
Lighter RH ZEC	+0.0344%	1h	1,456.1	+0.280%	$2.0M	$6.8M	10x	as long as short
RISEx ZEC/USDC	+0.0409%	1h	1,454.3	+0.154%	$825K	$1.0M	10x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0456%	1h	1,453.8	+0.123%	$3.6M	$9.0M	50x	as long as short
Aftermath Perps ZECUSD	+0.0722%	1h	1,459.7	+0.530%	$43K	$46K	10x	as long as short