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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.062%
Price spread now: BloFin against edgeX−0.091%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$220.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.454%−$45 on $10k
Price spread, last 4 days (all we have)+0.480%+$48 · spread now −0.091%, 7d avg +0.055%
Together, before fees+0.025%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.146% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,457.90.0100pay 0.0050% / 4h3h 59m$567K$8.6M20x
ShortBloFin ZEC-USDT1,456.6−0.0070pay 0.0070% / 8h3h 59m$29.5M$70.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
−$35.66
Price spread: −0.091% → +0.055%
−$14.61
Slippage, 4 orders
−$0.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$72.19
Costs to cover
0.219%
Break-even
never at this rate
Slippage from edgeX: live order book, 5 min ago; BloFin: live order book, 5 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 edgeX live order book, 5 min ago0.34 bp4.9 bp −$58.8 bp −$88doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.07 bp6.1 bp −$66.1 bp −$6115.6 bp −$1,564doesn'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%1h1,459.7+0.119%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.5+0.173%$6K$1K10xas long as short
BloFin ZEC-USDTshort−0.0070%8h1,456.6−0.091%$29.5M$70.8M75x
dYdX ZEC-USD0.0000%1h1,459.6+0.116%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,461+0.210%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,457.5−0.030%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3−0.041%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,457.3−0.045%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,457.4−0.038%$409K100xas long as short
Popdex ZECUSDT+0.0096%1h1,458+0.001%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,458.5+0.036%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.6+0.045%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,459.4+0.097%$2.9M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.6−0.023%$758.3M$431.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,458.1+0.009%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,459.2+0.087%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.6−0.091%$669.1M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456.1−0.130%$261.4M$602.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,456.5−0.100%$178.2M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,458+0.004%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.027%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.6−0.091%$50.6M$169.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.5−0.100%$214.8M$763.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.8−0.080%$102.8M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.8−0.080%$165.6M$271.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,457.3−0.045%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457.6−0.023%$47.8M$32.6Mas long as short
edgeX ZECUSDClong+0.0100%4h1,457.9long leg$567K$8.6M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.080%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.078%$405K$942K50xas long as short
StandX ZEC-USD+0.0100%1h1,459.7+0.123%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6−0.023%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.6−0.022%$161K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.1−0.124%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.4+0.169%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.9−0.072%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457−0.065%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.1−0.055%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.2−0.052%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2−0.051%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.051%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0128%1h1,458.3+0.027%$8K$7K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0187%1h1,457.9−0.003%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,458.2+0.015%$923K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0234%1h1,456.8−0.079%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0256%1h1,457.9−0.005%$19.2M$44.6M20xas long as short
Lighter RH ZEC+0.0312%1h1,458.1+0.008%$2.1M$6.9M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,456.8−0.079%$18.0M$45.2M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.7+0.118%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,459.6+0.114%$677K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0673%1h1,458.5+0.038%$45K$49K10xas long as short