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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h −0.015%
Price spread now: Aster against Deribit−0.070%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.145%−$14 on $10k
Price spread, last 3 days (all we have)−0.718%−$72 · spread now −0.070%, 7d avg −0.086%
Together, before fees−0.863%+ Points / potential airdropAster: Stage 5 · farm board−$86 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.086%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ZEC_USDC-PERPETUAL1,455.10get 0.0000% / 1h40m 02s$571K$1.3M25x
ShortAster ZECUSDT1,4540.0066get 0.0066% / 8h2h 40m$15.3M$34.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$13.96
Price spread: −0.070% → −0.086%
$1.65
Slippage, 4 orders
−$11.79
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$11.18
Costs to cover
0.268%
Break-even
12.6 days
Slippage from Deribit: live order book, 4 min ago; Aster: 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 Deribit live order book, 4 min ago4.26 bp8.8 bp −$915.8 bp −$158doesn't fitdoesn't fit
Sell Aster live order book, 4 min ago0.62 bp5.4 bp −$56.0 bp −$6019.8 bp −$1,977115.4 bp −$57.7K

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−0.3476%1h1,438.1−1.164%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.8−0.227%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,454.2−0.056%$17.7M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,451.4−0.255%$29.0M$74.8M75xas long as short
Variational Omni ZEC−0.0017%8h1,451.4−0.252%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0005%8h1,452.9−0.148%$268.7M$674.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.8−0.223%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.6−0.102%$844K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,454−0.074%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUALlong0.0000%1h1,455.1long leg$571K$1.3M25x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.5−0.039%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,454.4−0.045%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0034% / S +0.0068%1h1,454.5−0.037%$545K100xas long as short
OKX ZEC-USDT-SWAP+0.0049%8h1,453.5−0.107%$172.1M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0059%1h1,449.7−0.368%$394K$516K5xas long as short
01 Exchange ZECUSD+0.0064%1h1,453.2−0.125%$8K$8K5xas long as short
Gate ZEC_USDT+0.0064%8h1,453.4−0.116%$49.1M$186.4M75xas long as short
Aster ZECUSDTshort+0.0066%8h1,454−0.070%$15.3M$34.7M75x
Katana Perps ZEC-USD+0.0095%8h1,454.7−0.024%$17K$867K10xas long as short
Lighter ZEC+0.0096%1h1,455.5+0.032%$18.7M$54.0M20xas long as short
Popdex ZECUSDT+0.0096%1h1,454.8−0.017%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.2−0.128%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.1−0.064%$3.0M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.2−0.061%$752.7M$496.1M10xas long as short
Pacifica ZEC+0.0100%1h1,452.9−0.145%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,453.5−0.107%$660.0M$2.53B75xas long as short
Bulk ZEC-USD+0.0100%1h1,452.5−0.176%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,453.7−0.092%$220.4M$886.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.1−0.066%$103.8M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453−0.141%$161.8M$313.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.4−0.111%$105.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,454.3−0.052%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,451.7−0.231%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,453−0.140%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,451.9−0.218%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452−0.209%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.1−0.066%$298K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454−0.073%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.1−0.137%$442K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.2+0.147%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.1−0.063%$220K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.063%$2.4M$24.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,453.9−0.079%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.9−0.150%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,453−0.139%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.4−0.046%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,453.5−0.109%$864K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,455.9+0.058%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0448%1h1,453.5−0.108%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.9−0.010%$755K$7.9M10xas long as short
Lighter RH ZEC+0.0736%1h1,456.5+0.097%$1.9M$8.4M10xas long as short