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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%
Price spread now: Bitget against Derive+0.132%7-day average +0.059% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 3 days (all we have)−0.754%−$75 · spread now +0.132%, 7d avg +0.059%
Together, before fees−1.101%−$110 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: Bitget is 0.073% dearer against Derive than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.059%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ZEC-PERP1,456.10.0100pay 0.0013% / 1h13m 44s$445K$498K6.7x
ShortBitget ZECUSDT1,4580.0100get 0.0100% / 8h2h 13m$161.4M$312.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Derive. 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
$0
Price spread: +0.132% → +0.059%
$7.31
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$10.69
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Derive: no order-book sample; Bitget: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Derive no order-book sample
Sell Bitget live order book, 5 min ago0.03 bp7.5 bp −$812.3 bp −$12318.7 bp −$1,871doesn't fit
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%1h1,433.1−1.576%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0085%8h1,457.2+0.073%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.1+0.066%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.8+0.046%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0011%8h1,457+0.064%$269.0M$677.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.2+0.076%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.5+0.094%$934K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8+0.047%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.9+0.123%$593K$1.3M25xas long as short
Variational Omni ZEC+0.0002%8h1,456.6+0.035%$45.6M$33.4Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.6+0.102%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.2+0.077%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0019% / S +0.0072%1h1,457.4+0.093%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,456.8+0.048%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,457.9+0.126%$174.0M$1.36B50xas long as short
Ondo Perps ZEC-USD.P+0.0060%1h1,457.1+0.070%$395K$520K5xas long as short
Gate ZEC_USDT+0.0068%8h1,457.7+0.110%$49.3M$190.9M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,458+0.130%$15K$864K10xas long as short
Aster ZECUSDT+0.0096%8h1,457.8+0.117%$15.3M$34.0M75xas long as short
Lighter ZEC+0.0096%1h1,459.3+0.221%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,456.4+0.023%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.8+0.119%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.4+0.089%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.7+0.181%$754.4M$495.2M10xas long as short
Pacifica ZEC+0.0100%1h1,458.3+0.156%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.8+0.119%$665.6M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.9+0.128%$218.2M$898.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.9+0.122%$103.1M$57.0M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,458+0.132%$161.4M$312.3M75x
BingX ZEC-USDT+0.0100%8h1,458.1+0.140%$101.2Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.8+0.118%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,455.2−0.061%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7+0.045%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.7+0.041%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,457.7+0.112%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457+0.063%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457+0.064%$127K$161K20xas long as short
Derive ZEC-PERPlong+0.0100%1h1,456.1long leg$445K$498K6.7x
SunX ZEC-USDT+0.0100%8h1,459+0.197%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.2+0.077%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.2+0.073%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.6+0.105%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.075%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,457.5+0.097%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,458.4+0.159%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.3+0.081%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458.6+0.171%$852K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,458.9+0.192%$3.8M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0468%1h1,457.3+0.086%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.2+0.217%$748K$8.0M10xas long as short
Lighter RH ZEC+0.0608%1h1,460+0.266%$1.9M$8.5M10xas long as short