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+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h +0.029%
Price spread now: Nado against dYdX+0.028%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$810.815% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)+0.279%+$28 · spread now +0.028%, 7d avg +0.040%
Together, before fees+0.288%+ Points / potential airdropNado: Active · farm board+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,454.40get 0.0000% / 1h56m 00s$410K$37K5x
ShortNado ZEC-PERP1,454.80.0100get 0.0012% / 1h56m 00s$2.8M$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: +0.028% → +0.040%
−$1.24
Slippage, 4 orders
−$64.5
Fee dYdX: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$61.74
Costs to cover
0.815%
Break-even
27.6 days
Slippage from dYdX: live order book, 63 min ago; Nado: live order book, 3 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, 63 min ago29.20 bp34.2 bp −$3449.2 bp −$492184.1 bp −$18.4K1219.7 bp −$609.8K
Sell Nado live order book, 3 min ago0.03 bp5.0 bp −$59.5 bp −$9551.6 bp −$5,160doesn'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%1h1,456.2+0.120%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.8+0.025%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,454.6+0.010%$29.5M$70.7M75xas long as short
dYdX ZEC-USDlong0.0000%1h1,454.4long leg$410K$37K5x
Kalshi KXZECPERP0.0000%8h1,456.4+0.140%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.7−0.047%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.8+0.023%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.8+0.024%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0072% / S −0.0024%1h1,454.6+0.016%$408K100xas long as short
Popdex ZECUSDT+0.0096%1h1,454.5+0.004%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,454.8+0.027%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.4−0.001%$60K$43K10xas long as short
Nado ZEC-PERPshort+0.0100%1h1,454.8+0.028%$2.8M$6.6M10x
Aster ZECUSDT+0.0100%8h1,454.1−0.021%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,454.6+0.010%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.1−0.020%$668.0M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,453.5−0.063%$260.9M$601.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,454.1−0.025%$177.6M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.247%$395K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5+0.215%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,454.2−0.017%$50.5M$170.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454.2−0.015%$214.3M$763.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454.3−0.006%$102.6M$53.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454.4−0.001%$165.3M$270.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,453.5−0.063%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,454−0.027%$47.7M$32.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.2+0.263%$567K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.2+0.122%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,456.9+0.169%$404K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,455.1+0.048%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.2−0.014%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.7+0.019%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.6−0.054%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456.5+0.140%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,454.40.000%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.2−0.013%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455+0.041%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,454−0.030%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.6+0.010%$47K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,455+0.040%$8K$7K5xas long as short
Phoenix ZEC+0.0123%1h1,457.7+0.224%$4.6M$1.3M10xas long as short
Hyperliquid ZEC+0.0131%1h1,455.4+0.068%$757.0M$431.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0154%1h1,454.7+0.020%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0168%1h1,455.6+0.085%$19.2M$44.7M20xas long as short
Lighter RH ZEC+0.0208%1h1,455.6+0.078%$2.1M$7.0M10xas long as short
RISEx ZEC/USDC+0.0216%1h1,454.5+0.006%$921K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0253%1h1,455.5+0.076%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.4−0.002%$18.0M$45.2M25xas long as short
Arcus ZEC-USD+0.0344%1h1,456.7+0.157%$684K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.6+0.151%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,457+0.177%$45K$49K10xas long as short