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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0309%/8h= +33.9% APRpaid last 24h +0.008%
Price spread now: RISEx against edgeX+0.103%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$210.214% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.184%+$18 on $10k
Price spread, last 7 days−0.090%−$9 · spread now +0.103%, 7d avg +0.083%
Together, before fees+0.094%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.083%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ZECUSDC1,453.20.0100pay 0.0050% / 4h1h 31m$565K$8.9M20x
ShortRISEx ZEC/USDC1,454.70.0409get 0.0051% / 1h31m 32s$830K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$64.97
Price spread: +0.103% → +0.083%
$1.99
Slippage, 4 orders
−$6.41
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
$45.55
Costs to cover
0.214%
Break-even
2.1 days
Slippage from edgeX: live order book, 3 min ago; RISEx: 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, 3 min ago1.03 bp5.5 bp −$612.9 bp −$129doesn't fitdoesn't fit
Sell RISEx live order book, 2 min ago2.13 bp5.1 bp −$59.2 bp −$92doesn'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−0.3244%1h1,453.2+0.004%$33K$272K12xas long as short
BloFin ZEC-USDT−0.0082%8h1,453.8+0.045%$29.5M$70.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.5+0.020%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,452.7−0.031%$409K$44K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3−0.060%$1.4M$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,451.8−0.092%$83K$248K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.3−0.058%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0042%8h1,452.2−0.067%$290K$979K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,452−0.083%$407K100xas long as short
Phoenix ZEC+0.0074%1h1,453.2+0.004%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,454.2+0.073%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,453.2+0.004%$14K$853K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.2+0.072%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,453.3+0.008%$2.5M$6.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,454.4+0.085%$755.8M$434.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,453.6+0.030%$14.4M$28.4M75xas long as short
Pacifica ZEC+0.0100%1h1,453.9+0.049%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.5+0.091%$666.0M$2.26B75xas long as short
Bybit ZECUSDT+0.0100%8h1,454+0.057%$266.1M$611.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,454.1+0.061%$179.2M$1.24B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.4−0.053%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,451.2−0.134%$879K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,453.9+0.049%$49.6M$173.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,454+0.057%$213.1M$775.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.1−0.007%$102.1M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,454+0.055%$161.6M$277.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,454+0.058%$97.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453−0.011%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,448.7−0.307%$46.8M$32.3Mas long as short
edgeX ZECUSDClong+0.0100%4h1,453.2long leg$565K$8.9M20x
GRVT ZEC_USDT_Perp+0.0100%8h1,453.1−0.007%$3.0M$419K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.9−0.018%$408K$905K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.7+0.039%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,451.8−0.094%$324K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.2−0.067%$159K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,450.8−0.162%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,454.9+0.116%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.9−0.017%$232K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,451.9−0.087%$2.6M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,452.9−0.016%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,453.9+0.047%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.2−0.065%$47K$156K20xas long as short
01 Exchange ZECUSD+0.0120%1h1,454.4+0.088%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0196%1h1,452.7−0.030%$17.9M$44.5M25xas long as short
Lighter ZEC+0.0200%1h1,454.9+0.119%$19.0M$46.4M20xas long as short
Arcus ZEC-USD+0.0277%1h1,455.8+0.179%$717K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0289%1h1,452.9−0.017%$611K$1.3M25xas long as short
Lighter RH ZEC+0.0360%1h1,455.1+0.133%$2.0M$6.9M10xas long as short
RISEx ZEC/USDCshort+0.0409%1h1,454.7+0.103%$830K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0456%1h1,453.1−0.007%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0703%1h1,453.1−0.001%$43K$46K10xas long as short