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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: HTX against edgeX−0.105%77s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.295% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 3 days (all we have)+0.935%+$93 · spread now −0.105%, 7d avg +0.027%
Together, before fees+0.527%+ Points / potential airdropedgeX: Active · farm board+$53 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: HTX is 0.132% cheaper against edgeX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,472.50.0100pay 0.0050% / 4h48m 13s$512K$9.3M20x
ShortHTX ZEC-USDT1,4710.0100get 0.0100% / 8h48m 13s$2.5M$23.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
Price spread: −0.105% → +0.027%
−$13.24
Slippage, 4 orders
−$8.55
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$42.78
Costs to cover
0.295%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 min ago; HTX: 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 edgeX live order book, 1 min ago0.41 bp4.9 bp −$58.3 bp −$83doesn't fitdoesn't fit
Sell HTX live order book, 1 min ago2.41 bp9.3 bp −$911.8 bp −$11831.3 bp −$3,126doesn'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%1h1,473.7+0.076%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0278%1h1,471.3−0.085%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,471−0.108%$17.9M$44.3M25xas long as short
ApeX Omni ZECUSDT−0.0190%1h1,472.5−0.007%$432K$830K50xas long as short
BloFin ZEC-USDT−0.0105%8h1,473.3+0.050%$29.5M$75.6M75xas long as short
Bybit ZECUSDT−0.0091%8h1,470.3−0.154%$273.5M$657.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.5+0.062%$6K$2K10xas long as short
Variational Omni ZEC−0.0040%8h1,471.8−0.051%$46.8M$33.6Mas long as short
dYdX ZEC-USD0.0000%1h1,473.1+0.036%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,473.1+0.034%$904K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.2−0.090%$84K$404K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,471.9−0.041%$614K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471.8−0.052%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,471.2−0.092%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.1+0.035%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0037%8h1,470.8−0.119%$180.5M$1.34B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,471.3−0.088%$8K$8K5xas long as short
Gate ZEC_USDT+0.0044%8h1,470.9−0.115%$50.6M$184.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0011%1h1,471.6−0.062%$366K100xas long as short
Lighter ZEC+0.0096%1h1,472.5−0.001%$19.1M$52.1M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.1−0.096%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.2−0.089%$11K$829K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.3−0.082%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.2−0.027%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.4−0.010%$764.2M$473.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.3−0.085%$15.5M$32.6M75xas long as short
Pacifica ZEC+0.0100%1h1,472.50.000%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.8−0.120%$681.4M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.8+0.019%$716K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472−0.037%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.8−0.120%$220.8M$831.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.1−0.100%$103.9M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.1−0.100%$162.8M$302.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,469.8−0.187%$6.7Mas long as short
edgeX ZECUSDClong+0.0100%4h1,472.5long leg$512K$9.3M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,472.8+0.015%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,474.5+0.129%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471−0.105%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.2−0.093%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.8−0.189%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,473.2+0.044%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.9−0.115%$226K$4.5M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,471−0.105%$2.5M$23.1M75x
Phemex ZECUSDT+0.0100%8h1,471.6−0.064%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,471.5−0.073%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,471.3−0.085%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.6−0.062%$834K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0421%1h1,471.6−0.067%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,475.6+0.210%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0528%1h1,473.2+0.044%$2.0M$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0649%1h1,473.2+0.045%$46K$47K10xas long as short