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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: StandX against Derive+0.253%7-day average +0.071% · 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+0.025%+$3 on $10k
Price spread, last 3 days (all we have)−0.594%−$59 · spread now +0.253%, 7d avg +0.071%
Together, before fees−0.569%+ Points / potential airdropStandX: Active · farm board−$57 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 0.182% dearer against Derive than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.071%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive ZEC-PERP1,464.80.0100pay 0.0013% / 1h42m 11s$447K$502K6.7x
ShortStandX ZEC-USD1,468.60.0100get 0.0013% / 1h42m 11s$110K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: +0.253% → +0.071%
$18.24
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee StandX: 4 bp × 2 orders
−$8
Net
$4.24
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Derive: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago4.05 bp8.1 bp −$812.2 bp −$122doesn't fitdoesn'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−0.3310%1h1,462.9−0.130%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,466.3+0.099%$17.9M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0190%1h1,466.9+0.140%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467.1+0.155%$29.1M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.4+0.176%$6K$2K10xas long as short
Bybit ZECUSDT−0.0048%8h1,466.2+0.089%$271.9M$673.8M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6+0.189%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,467.9+0.210%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,467.4+0.173%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,466.5+0.111%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.1+0.154%$597K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,467.2+0.161%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467+0.145%$542K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,466.7+0.123%$292K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,466.4+0.108%$176.3M$1.36B50xas long as short
Gate ZEC_USDT+0.0052%8h1,466.5+0.113%$49.9M$184.4M75xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.292%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,467.2+0.160%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,468.6+0.259%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,466.7+0.125%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,468.3+0.236%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,466.5+0.112%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466+0.078%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.2+0.161%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.8+0.202%$760.6M$490.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.6+0.121%$15.4M$33.5M75xas long as short
Pacifica ZEC+0.0100%1h1,467+0.150%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.7+0.124%$675.1M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.7+0.124%$221.7M$857.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.8+0.134%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.8+0.134%$162.3M$307.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,466+0.076%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.2+0.227%$511K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.7+0.194%$3.0M$481K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.203%$431K$819K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,468.6+0.253%$110K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,466.6+0.120%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.6+0.118%$128K$160K20xas long as short
Derive ZEC-PERPlong+0.0100%1h1,464.8long leg$447K$502K6.7x
SunX ZEC-USDT+0.0100%8h1,468.6+0.259%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.4+0.106%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,465.5+0.043%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.2+0.164%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.8+0.134%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,466.9+0.141%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,467+0.149%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0240%1h1,467.4+0.176%$2.4M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,468.8+0.267%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0440%1h1,468.7+0.266%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,467.8+0.205%$733K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0537%1h1,467.3+0.166%$41K$34K10xas long as short