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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against edgeX−0.207%112s7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.463%−$46 on $10k
Price spread, last 7 days+0.185%+$18 · spread now −0.207%, 7d avg +0.048%
Together, before fees−0.278%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$28 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: Pacifica is 0.255% cheaper against edgeX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.048%. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,454.70.0100pay 0.0050% / 4h2h 57m$488K$9.9M20x
ShortPacifica ZEC1,451.70.0100get 0.0013% / 1h57m 43s$1.6M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: −0.207% → +0.048%
−$25.46
Slippage, 4 orders
−$8.13
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$50.59
Costs to cover
0.251%
Break-even
never at this rate
Slippage from edgeX: live order book, 1 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 edgeX live order book, 1 min ago0.38 bp5.0 bp −$59.0 bp −$90doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago0.86 bp7.8 bp −$8doesn'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%1h1,455+0.023%$34K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,452.4−0.159%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,450.9−0.258%$17.6M$44.7M25xas long as short
BloFin ZEC-USDT−0.0058%8h1,452.6−0.142%$29.2M$76.3M75xas long as short
Variational Omni ZEC−0.0041%8h1,455.2+0.038%$46.3M$31.5Mas long as short
Bybit ZECUSDT−0.0020%8h1,450.7−0.276%$268.5M$678.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.6−0.211%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.8−0.199%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,450.8−0.269%$82K$400K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,451.6−0.210%$568K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0005%8h1,451.2−0.244%$291K$1.5M20xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,451.2−0.239%$5.1M150xas long as short
Polymarket Perps ZEC-USD+0.0017%1h1,450.6−0.282%$298K$2.1M10xas long as short
OKX ZEC-USDT-SWAP+0.0032%8h1,451.2−0.241%$172.5M$1.37B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0042% / S +0.0061%1h1,451.2−0.238%$535K100xas long as short
Phoenix ZEC+0.0045%1h1,455.2+0.032%$4.6M$1.5M10xas long as short
Aster ZECUSDT+0.0046%8h1,451.2−0.238%$15.0M$35.0M75xas long as short
Ondo Perps ZEC-USD.P+0.0049%1h1,449.9−0.330%$395K$522K5xas long as short
Gate ZEC_USDT+0.0052%8h1,451.6−0.217%$49.2M$184.0M75xas long as short
01 Exchange ZECUSD+0.0056%1h1,451.1−0.249%$8K$8K5xas long as short
MEXC ZEC_USDT+0.0092%8h1,451.4−0.227%$212.9M$876.4M150xas long as short
Binance ZECUSDT+0.0093%8h1,451.3−0.233%$660.4M$2.56B75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,451.3−0.236%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,450.6−0.280%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.3−0.232%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.8−0.198%$3.0M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452.4−0.158%$753.5M$506.9M10xas long as short
Pacifica ZECshort+0.0100%1h1,451.7−0.207%$1.6M$3.1M10x
Bulk ZEC-USD+0.0100%1h1,454.9+0.013%$896K$37K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,451.5−0.219%$102.9M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451.6−0.213%$163.0M$317.1M75xas long as short
BingX ZEC-USDC+0.0100%8h1,450.9−0.259%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.3−0.163%$2.3M$4.1M15xas long as short
edgeX ZECUSDClong+0.0100%4h1,454.7long leg$488K$9.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,454.8+0.008%$3.0M$512K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.2−0.034%$712K$608K50xas long as short
StandX ZEC-USD+0.0100%1h1,453−0.120%$109K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,451.1−0.249%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450−0.322%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.70.000%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.3−0.235%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.5−0.287%$2.4M$25.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.8−0.201%$3.7M$5.5M50xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.6−0.216%$36K$362K20xas long as short
Lighter ZEC+0.0128%1h1,452.5−0.149%$18.8M$53.5M20xas long as short
RISEx ZEC/USDC+0.0219%1h1,451.4−0.226%$861K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,453.2−0.104%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,454.8+0.004%$39K$32K10xas long as short
Extended ZEC-USD+0.0480%1h1,452.3−0.167%$3.3M$7.0M10xas long as short
Arcus ZEC-USD+0.0518%1h1,454−0.045%$752K$7.8M10xas long as short
Lighter RH ZEC+0.0608%1h1,453.8−0.060%$2.0M$8.3M10xas long as short