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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.029%
Price spread now: Pacifica against dYdX+0.069%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1051.049% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.405%−$41 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.069%, 7d avg +0.011%
Together, before fees−0.452%+ Points / potential airdropPacifica: Active · farm board−$45 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 Pacifica is 0.058% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.405%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ZEC-USD1,453.30get 0.0000% / 1h48m 34s$409K$106K5x
ShortPacifica ZEC1,454.30.0100get 0.0013% / 1h48m 34s$1.6M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.069% → +0.011%
$5.79
Slippage, 4 orders
−$86.9
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$78.11
Costs to cover
1.049%
Break-even
33.0 days
Slippage from dYdX: live order book, 40 min ago; Pacifica: live order book, 1 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, 40 min ago41.05 bp46.1 bp −$4654.1 bp −$541240.1 bp −$24.0K1175.4 bp −$587.7K
Sell Pacifica live order book, 1 min ago1.07 bp6.6 bp −$7doesn't fitdoesn'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−0.3476%1h1,437.8−1.065%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.1+0.053%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,452.8−0.031%$17.6M$44.6M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,452.8−0.031%$28.9M$75.5M75xas long as short
Variational Omni ZEC−0.0026%8h1,451.7−0.110%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0008%8h1,453.5+0.013%$269.3M$677.4M75xas long as short
dYdX ZEC-USDlong0.0000%1h1,453.3long leg$409K$106K5x
Kalshi KXZECPERP0.0000%8h1,454.1+0.053%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,453.1−0.015%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.5+0.016%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.9−0.029%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,452.9−0.028%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0065%1h1,452.3−0.065%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,454.4+0.076%$172.4M$1.36B50xas long as short
Aster ZECUSDT+0.0059%8h1,454.2+0.061%$15.3M$35.2M75xas long as short
Gate ZEC_USDT+0.0066%8h1,453.9+0.043%$49.1M$185.5M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,454.6+0.093%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0093%1h1,452.8−0.034%$394K$518K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.2+0.062%$17K$886K10xas long as short
Lighter ZEC+0.0096%1h1,455.2+0.128%$18.8M$53.9M20xas long as short
Popdex ZECUSDT+0.0096%1h1,453.9+0.044%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454+0.048%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.2+0.065%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.8+0.104%$752.1M$493.6M10xas long as short
Pacifica ZECshort+0.0100%1h1,454.3+0.069%$1.6M$3.1M10x
Binance ZECUSDT+0.0100%8h1,453.9+0.043%$659.2M$2.54B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.115%$896K$37K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,454+0.049%$219.0M$881.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,454+0.046%$103.4M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454+0.049%$162.0M$315.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454.1+0.058%$106.9Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.1−0.013%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.007%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.2+0.128%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6−0.045%$706K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.4+0.007%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.6−0.048%$298K$2.1M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.5−0.054%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.7−0.111%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,456+0.184%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9−0.024%$220K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,453−0.020%$2.4M$25.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.9−0.026%$3.7M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3−0.072%$4.6M$1.6M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.9−0.024%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.9+0.108%$863K$2.5M10xas long as short
Extended ZEC-USD+0.0272%1h1,454.1+0.052%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.8+0.105%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,453.5+0.017%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,456.1+0.192%$753K$7.8M10xas long as short
Lighter RH ZEC+0.0736%1h1,456.4+0.212%$1.9M$8.4M10xas long as short