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+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.001%
Price spread now: StandX against Deribit+0.120%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.119%+$12 on $10k
Price spread, last 4 days (all we have)−0.606%−$61 · spread now +0.120%, 7d avg −0.062%
Together, before fees−0.487%+ Points / potential airdropStandX: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and StandX is 0.181% dearer against Deribit than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit ZEC_USDC-PERPETUAL1,463.90.0016pay 0.0002% / 1h9m 49s$616K$1.3M25x
ShortStandX ZEC-USD1,465.70.0100get 0.0013% / 1h9m 49s$49K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$17.65
Price spread: +0.120% → −0.062%
$18.13
Slippage, 4 orders
−$18.79
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee StandX: 4 bp × 2 orders
−$8
Net
$1.99
Costs to cover
0.338%
Break-even
6.2 days
Slippage from Deribit: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 4 min ago4.75 bp8.7 bp −$915.1 bp −$151doesn't fitdoesn't fit
Sell StandX live order book, 4 min ago3.76 bp8.4 bp −$811.4 bp −$114doesn'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−0.3042%1h1,463−0.059%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.3+0.163%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,466.1+0.152%$29.7M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.5−0.025%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,463.1−0.055%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.5−0.031%$5.2M150xas long as short
Deribit ZEC_USDC-PERPETUALlong+0.0016%1h1,463.9long leg$616K$1.3M25x
Orderly PERP_ZEC_USDC+0.0063%8h1,463.4−0.032%$292K$903K20xas long as short
Ondo Perps ZEC-USD.P+0.0071%1h1,460.4−0.239%$397K$435K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0040%1h1,463.2−0.049%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,463.9+0.001%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.3+0.025%$14K$801K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.7−0.014%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.9+0.066%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.4+0.036%$14.6M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,463.7−0.013%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.4+0.031%$673.9M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,463.8−0.004%$262.4M$587.6M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,463.9−0.003%$179.3M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.225%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.90.000%$52.3M$173.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.1+0.014%$220.3M$775.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.3+0.027%$103.1M$53.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,464.4+0.033%$166.2M$267.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463.9+0.002%$106.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.035%$48.0M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.161%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.050%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.4−0.172%$404K$945K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,465.7+0.120%$49K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,463.6−0.021%$358K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.1−0.055%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.4−0.105%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.9+0.135%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.6−0.024%$234K$3.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.2−0.115%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.2−0.046%$3.9M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,464+0.010%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.2−0.046%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,462.7−0.083%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,464.6+0.046%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,465.8+0.129%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0147%1h1,465.6+0.116%$763.7M$419.3M10xas long as short
Lighter ZEC+0.0168%1h1,465.7+0.121%$19.4M$45.4M20xas long as short
Kalshi KXZECPERP+0.0179%8h1,464.8+0.064%$1.5M$4.4M2.2xas long as short
RISEx ZEC/USDC+0.0216%1h1,464.2+0.023%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0299%1h1,464+0.009%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,463.4−0.036%$18.0M$45.4M25xas long as short
Arcus ZEC-USD+0.0344%1h1,465.3+0.095%$676K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,468.4+0.305%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,462.7−0.082%$45K$49K10xas long as short