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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:22 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%
Price spread now: Perpl against edgeX−0.177%7-day average +0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.217%−$22 on $10k
Price spread, last 4 days (all we have)+0.765%+$76 · spread now −0.177%, 7d avg +0.012%
Together, before fees+0.548%+ Points / potential airdropedgeX: Active · Perpl: Active · farm board+$55 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Perpl is 0.190% cheaper against edgeX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,460.60.0100pay 0.0050% / 4h1h 15m$570K$8.7M20x
ShortPerpl ZEC1,458.10get 0.0000% / 43m3m 18s$83K$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: −0.177% → +0.012%
−$18.95
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$62.75
Costs to cover
0.228%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.

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, 4 min ago0.34 bp4.9 bp −$59.3 bp −$93doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3244%1h1,463.5+0.194%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,461+0.027%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.4+0.191%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,457.7−0.205%$410K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.2+0.244%$1.5M$4.5M2.2xas long as short
Perpl ZECshort0.0000%43m1,458.1−0.177%$83K$241K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.3−0.231%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0050%8h1,457.8−0.192%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,457.5−0.218%$409K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9+0.088%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,458.1−0.175%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.8−0.195%$15K$875K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.9−0.188%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458−0.182%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,458.4−0.153%$757.8M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.9−0.185%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,458.5−0.145%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.5−0.218%$667.5M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.6−0.210%$264.9M$605.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,458.1−0.176%$178.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,460.5−0.010%$396K$439K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.311%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.8−0.198%$49.8M$174.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.7−0.202%$214.4M$779.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.1−0.172%$102.1M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458.1−0.173%$162.4M$273.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.8−0.197%$97.0Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,463.7+0.209%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,462.2+0.109%$47.8M$32.8Mas long as short
edgeX ZECUSDClong+0.0100%4h1,460.6long leg$570K$8.7M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,462.3+0.112%$3.0M$432K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461+0.027%$411K$909K50xas long as short
StandX ZEC-USD+0.0100%1h1,462.9+0.156%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2−0.236%$375K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.8−0.197%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.6−0.277%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.1−0.036%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.6−0.205%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462+0.091%$2.6M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.8+0.145%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.4−0.223%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.6−0.208%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,458.2−0.170%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,457.6−0.207%$18.0M$44.6M25xas long as short
Lighter ZEC+0.0232%1h1,459.3−0.092%$19.1M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,459.2−0.100%$701K$8.5M10xas long as short
Lighter RH ZEC+0.0376%1h1,461.4+0.051%$2.0M$6.9M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0398%1h1,458.7−0.132%$613K$1.3M25xas long as short
RISEx ZEC/USDC+0.0409%1h1,458.5−0.147%$834K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,459.4−0.088%$3.7M$9.2M50xas long as short
Aftermath Perps ZECUSD+0.0689%1h1,459.7−0.061%$45K$49K10xas long as short