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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Measured
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Alert: spread
My alerts

Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.003%
Price spread now: Bulk against dYdX−0.283%55s7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.862% of the position
Long on dYdXShort on Bulk
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.042%−$4 on $10k
Price spread, last 4 days (all we have)+0.201%+$20 · spread now −0.283%, 7d avg −0.019%
Together, before fees+0.159%+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bulk is 0.264% cheaper against dYdX than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of −0.019%). If the spread goes back, that is −$26 on $10k: about 8.8 days of funding at the current rate (+$3 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,468.10get 0.0000% / 1h11m 44s$413K$104K5x
ShortBulk ZEC-USD1,463.90.0100get 0.0013% / 1h11m 44s$903K$27K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against dYdX. 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
$21
Price spread: −0.283% → −0.019%
−$26.38
Slippage, 4 orders
−$69.21
Fee dYdX: 5 bp × 2 orders
−$10
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$91.59
Costs to cover
0.862%
Break-even
37.5 days
Slippage from dYdX: live order book, 7 min ago; Bulk: live order book, 7 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 dYdX live order book, 7 min ago30.89 bp43.2 bp −$4353.0 bp −$53089.5 bp −$8,951310.7 bp −$155.4K
Sell Bulk live order book, 7 min ago0.03 bp3.5 bp −$43.5 bp −$354.0 bp −$4026.6 bp −$3,297

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%1h1,467.5−0.039%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.2−0.059%$17.8M$44.5M25xas long as short
Ondo Perps ZEC-USD.P−0.0251%1h1,464.9−0.217%$398K$515K5xas long as short
BloFin ZEC-USDT−0.0101%8h1,467.8−0.020%$29.3M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,467.6−0.035%$6K$2K10xas long as short
Bybit ZECUSDT−0.0072%8h1,467.2−0.059%$271.5M$665.9M75xas long as short
Variational Omni ZEC−0.0034%8h1,463.6−0.306%$46.6M$33.4M—as long as short
dYdX ZEC-USDlong0.0000%1h1,468.1long leg$413K$104K5x
Kalshi KXZECPERP0.0000%8h1,468.4+0.018%$889K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.7−0.027%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.4+0.018%$5.2M—150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,467.9−0.014%$293K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0022%1h1,468.8+0.046%$598K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,468.2+0.007%$356K—100xas long as short
OKX ZEC-USDT-SWAP+0.0042%8h1,468.1+0.003%$177.4M$1.35B50xas long as short
Gate ZEC_USDT+0.0043%8h1,467.6−0.034%$50.0M$187.0M75xas long as short
01 Exchange ZECUSD+0.0064%1h1,468.5+0.025%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,465.1−0.204%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0079%1h1,463.2−0.336%$429K$824K50xas long as short
Popdex ZECUSDT+0.0096%1h1,467.9−0.010%$174K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468.5+0.027%$14K$824K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,467.8−0.022%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.6+0.036%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469+0.062%$762.1M$479.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.9−0.014%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,468.5+0.031%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,467.9−0.013%$677.1M$2.47B75xas long as short
Bulk ZEC-USDshort+0.0100%1h1,463.9−0.283%$903K$27K10x
MEXC ZEC_USDT+0.0100%8h1,468−0.003%$223.0M$870.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,468−0.008%$103.7M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468−0.006%$162.8M$303.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,467.7−0.025%—$6.7M—as long as short
edgeX ZECUSDC+0.0100%4h1,464−0.280%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,464.3−0.258%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,467.2−0.063%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.8−0.020%$346K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.9−0.012%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,466.3−0.120%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.9+0.120%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,467.1−0.065%$223K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,466.9−0.081%$2.5M$23.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.1−0.001%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.9−0.011%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.9−0.016%$37K$366K20xas long as short
Lighter ZEC+0.0120%1h1,469.6+0.102%$19.0M$52.7M20xas long as short
Backpack ZEC_USDC_PERP+0.0182%1h1,468.3+0.012%$2.4M$3.7M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.4+0.023%$843K$1.3M10xas long as short
Lighter RH ZEC+0.0424%1h1,470+0.131%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,469.7+0.111%$3.8M$11.4M50xas long as short
Arcus ZEC-USD+0.0444%1h1,469+0.059%$723K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0585%1h1,467.3−0.056%$41K$34K10xas long as short