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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.008%
Price spread now: Extended against edgeX+0.211%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$10 on $10k
Price spread, last 7 days−0.230%−$23 · spread now +0.211%, 7d avg +0.024%
Together, before fees−0.335%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.187% dearer against edgeX than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of +0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,470.80.0100pay 0.0050% / 4h57m 24s$513K$9.2M20x
ShortExtended ZEC-USD1,473.90.0104get 0.0013% / 1h57m 24s$3.3M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.211% → +0.024%
$18.75
Slippage, 4 orders
−$8.58
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$3
Costs to cover
0.226%
Break-even
32.0 days
Slippage from edgeX: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago0.75 bp5.5 bp −$611.0 bp −$110doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago1.27 bp7.3 bp −$715.0 bp −$15059.6 bp −$5,958doesn'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−0.3089%1h1,472.3+0.098%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0272%1h1,472.6+0.120%$398K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473.6+0.191%$17.9M$44.9M25xas long as short
BloFin ZEC-USDT−0.0109%8h1,473+0.147%$29.5M$75.7M75xas long as short
Bybit ZECUSDT−0.0081%8h1,473.6+0.186%$273.2M$666.1M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.1+0.222%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,468.5−0.161%$46.8M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.7+0.194%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.1+0.089%$898K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,473.8+0.202%$84K$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%1h1,474.5+0.249%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0009%8h1,471.3+0.033%$294K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,471.9+0.076%$366K100xas long as short
SoDEX ZEC-USD+0.0038%1h1,473.2+0.164%$226K$4.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0040%8h1,474.1+0.222%$179.8M$1.35B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,473.8+0.204%$8K$8K5xas long as short
Gate ZEC_USDT+0.0046%8h1,473.9+0.205%$50.3M$183.5M75xas long as short
Phoenix ZEC+0.0075%1h1,470.8−0.002%$4.6M$1.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473.3+0.165%$177K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,473.8+0.198%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.4+0.176%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.4+0.246%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.2+0.297%$765.6M$479.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.2+0.229%$15.6M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2+0.231%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.1+0.225%$681.3M$2.47B75xas long as short
Arcus ZEC-USD+0.0100%1h1,474.4+0.240%$715K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1+0.020%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.9+0.206%$225.4M$827.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.1+0.221%$104.2M$55.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.2+0.228%$163.1M$303.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.1+0.152%$6.7Mas long as short
edgeX ZECUSDClong+0.0100%4h1,470.8long leg$513K$9.2M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,471+0.010%$3.0M$482K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.7+0.124%$432K$827K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.1+0.085%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.9+0.209%$348K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,473.9+0.212%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.9−0.066%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.284%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,471.7+0.056%$2.5M$23.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.8+0.201%$3.8M$5.3M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,473.9+0.211%$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,474+0.218%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,473.9+0.210%$835K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0135%1h1,472.4+0.106%$614K$1.3M25xas long as short
Lighter ZEC+0.0176%1h1,475.3+0.305%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.6+0.324%$3.8M$11.5M50xas long as short
Lighter RH ZEC+0.0464%1h1,475.8+0.336%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0618%1h1,472.4+0.108%$41K$34K10xas long as short
Backpack ZEC_USDC_PERP+0.0651%1h1,474.7+0.262%$2.4M$3.7M15xas long as short