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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.029%
Price spread now: edgeX against dYdX−0.016%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$990.986% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.059%+$6 on $10k
Price spread, last 4 days (all we have)−0.697%−$70 · spread now −0.016%, 7d avg −0.055%
Together, before fees−0.638%+ Points / potential airdropedgeX: Active · farm board−$64 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 edgeX is 0.039% dearer against dYdX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,461.60get 0.0000% / 1h34m 58s$412K$106K5x
ShortedgeX ZECUSDC1,461.40.0100get 0.0050% / 4h1h 34m$509K$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.016% → −0.055%
$3.92
Slippage, 4 orders
−$79.6
Fee dYdX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$73.69
Costs to cover
0.986%
Break-even
31.6 days
Slippage from dYdX: live order book, 49 min ago; edgeX: 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 dYdX live order book, 49 min ago38.64 bp44.8 bp −$4552.1 bp −$521102.1 bp −$10.2K416.9 bp −$208.5K
Sell edgeX live order book, 4 min ago0.38 bp4.9 bp −$59.5 bp −$95doesn'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−0.3310%1h1,448.2−0.915%$33K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,463.9+0.157%$17.8M$44.8M25xas long as short
Ondo Perps ZEC-USD.P−0.0212%1h1,459.3−0.158%$396K$518K5xas long as short
BloFin ZEC-USDT−0.0089%8h1,463.7+0.145%$29.3M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.2+0.038%$6K$2K10xas long as short
Bybit ZECUSDT−0.0050%8h1,462.4+0.053%$270.8M$673.1M75xas long as short
Variational Omni ZEC−0.0025%8h1,460.9−0.046%$46.5M$34.0Mas long as short
ApeX Omni ZECUSDT−0.0024%1h1,463.5+0.128%$430K$820K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,464.5+0.197%$541K100xas long as short
dYdX ZEC-USDlong0.0000%1h1,461.6long leg$412K$106K5x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,462.8+0.082%$885K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,463.6+0.138%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.7+0.213%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,464+0.163%$292K$1.5M20xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.301%$905K$27K10xas long as short
Gate ZEC_USDT+0.0048%8h1,463.5+0.126%$50.0M$184.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0049%8h1,463+0.095%$175.8M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,463.4+0.119%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,461.4−0.017%$4.6M$1.6M10xas long as short
Lighter ZEC+0.0096%1h1,465.4+0.259%$19.0M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,462.9+0.088%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,463+0.094%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.4+0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.8+0.081%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.3+0.184%$759.0M$484.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,463.5+0.128%$15.6M$33.3M75xas long as short
Pacifica ZEC+0.0100%1h1,463.2+0.112%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.4+0.125%$674.4M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.9+0.159%$223.2M$860.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.8+0.149%$103.7M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.2+0.105%$161.8M$306.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,462.7+0.073%$6.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,461.4−0.016%$509K$9.5M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,462.2+0.041%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,462.8+0.081%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.1+0.102%$343K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464+0.165%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.3+0.049%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466+0.299%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.8+0.149%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.4+0.123%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.1+0.170%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.4+0.123%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.9+0.157%$36K$367K20xas long as short
Backpack ZEC_USDC_PERP+0.0187%1h1,464.3+0.184%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.3+0.117%$841K$1.7M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0246%1h1,464.8+0.218%$596K$1.3M25xas long as short
Lighter RH ZEC+0.0384%1h1,465.9+0.295%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.6+0.275%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464+0.162%$742K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0542%1h1,464.9+0.228%$40K$34K10xas long as short