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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0115%/8h= −12.6% APRnext payment $0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Aevo against Deribit−0.082%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$660.659% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.082%, 7d avg −0.063%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ZEC_USDC-PERPETUAL1,464.70.0219pay 0.0027% / 1h12m 01s$616K$1.3M25x
ShortAevo ZEC-PERP1,463.50.0104get 0.0013% / 1h12m 01s$47K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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
−$24.22
Price spread: −0.082% → −0.063%
−$1.91
Slippage, 4 orders
−$42.92
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$92.04
Costs to cover
0.659%
Break-even
never at this rate
Slippage from Deribit: live order book, 2 min ago; Aevo: live order book, 42 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 Deribit live order book, 2 min ago4.75 bp8.7 bp −$915.1 bp −$151doesn't fitdoesn't fit
Sell Aevo live order book, 42 min ago15.35 bp25.4 bp −$2527.1 bp −$27156.5 bp −$5,651doesn'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−0.3042%1h1,461.1−0.251%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4−0.094%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,461.9−0.197%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,462.8−0.132%$407K$40K5xas long as short
Perpl ZEC0.0000%43m1,463.1−0.109%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.9−0.060%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,463.7−0.069%$293K$910K20xas long as short
Ondo Perps ZEC-USD.P+0.0078%1h1,460.4−0.296%$396K$435K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0039%1h1,463.6−0.076%$436K100xas long as short
Popdex ZECUSDT+0.0096%1h1,462.9−0.124%$175K$1.6M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,464.1−0.043%$14K$804K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463−0.117%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.3−0.167%$2.9M$6.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,463.8−0.067%$14.6M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,462.8−0.130%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.7−0.069%$673.9M$2.18B75xas long as short
Bybit ZECUSDT+0.0100%8h1,463.9−0.059%$262.2M$589.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,464.3−0.027%$179.7M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.281%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.5−0.085%$52.2M$172.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.6−0.077%$220.5M$773.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.1−0.044%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.8−0.062%$166.2M$268.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,463.4−0.094%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,458.8−0.406%$47.8M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,460.1−0.317%$568K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,461.4−0.227%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,458.6−0.416%$403K$944K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.1−0.181%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.7−0.139%$357K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.3−0.098%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.7−0.136%$447K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.3−0.028%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.7−0.070%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.1−0.113%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.2−0.108%$3.9M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.6−0.076%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,463.5−0.082%$47K$151K20x
Phoenix ZEC+0.0116%1h1,462.7−0.139%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,463.6−0.079%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,464.9+0.009%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0147%1h1,465.2+0.032%$763.5M$424.9M10xas long as short
Lighter ZEC+0.0168%1h1,465.1+0.025%$19.4M$45.4M20xas long as short
Kalshi KXZECPERP+0.0187%8h1,463.6−0.079%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,463.3−0.099%$925K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUALlong+0.0219%1h1,464.7long leg$616K$1.3M25x
Backpack ZEC_USDC_PERP+0.0292%1h1,464.3−0.033%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,463.4−0.091%$18.1M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,464.3−0.029%$685K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,464.8+0.002%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0687%1h1,461.3−0.234%$45K$49K10xas long as short