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 −0.027%
Price spread now: Aster against Extended−0.022%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as 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 5 days (all we have)−0.205%−$20 on $10k
Price spread, last 7 days+0.018%+$2 · spread now −0.022%, 7d avg +0.014%
Together, before fees−0.186%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$19 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: Aster is 0.036% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,472.80.0104pay 0.0013% / 1h35m 11s$3.3M$6.9M10x
ShortAster ZECUSDT1,472.50.0100get 0.0100% / 8h35m 11s$15.0M$32.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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: −0.022% → +0.014%
−$3.61
Slippage, 4 orders
−$9.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$27.07
Costs to cover
0.226%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Aster: live order book, 4 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 Extended live order book, 4 min ago1.54 bp4.2 bp −$47.9 bp −$79321.6 bp −$32.2Kdoesn't fit
Sell Aster live order book, 4 min ago0.37 bp6.3 bp −$68.8 bp −$8819.6 bp −$1,956139.8 bp −$69.9K

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+0.012%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0238%1h1,471.3−0.103%$399K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,473+0.011%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0105%8h1,471.9−0.062%$275.1M$656.2M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,472.6−0.016%$29.6M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.8−0.070%$6K$2K10xas long as short
Variational Omni ZEC−0.0051%8h1,469.5−0.226%$47.0M$33.7Mas long as short
ApeX Omni ZECUSDT−0.0035%1h1,472−0.056%$431K$832K50xas long as short
dYdX ZEC-USD0.0000%1h1,471.2−0.108%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.8−0.001%$903K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,471.6−0.084%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.4−0.031%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0011%8h1,472.2−0.043%$294K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.2+0.026%$4.7M$1.6M10xas long as short
01 Exchange ZECUSD+0.0024%1h1,472.3−0.033%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0035%8h1,472.9+0.003%$180.7M$1.35B50xas long as short
Gate ZEC_USDT+0.0045%8h1,471.9−0.061%$50.8M$186.2M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.3−0.033%$372K100xas long as short
Lighter ZEC+0.0096%1h1,474.3+0.101%$19.2M$52.3M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472−0.055%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,471.2−0.107%$13K$830K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.6−0.083%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.4−0.028%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.1+0.020%$763.6M$473.8M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,472.5−0.022%$15.0M$32.7M75x
Pacifica ZEC+0.0100%1h1,472.2−0.039%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.8−0.004%$683.8M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.3+0.031%$721K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,473.1+0.017%$909K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473+0.013%$231.3M$836.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.1−0.052%$103.8M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.6−0.014%$163.1M$302.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,471.8−0.067%$102.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.8−0.071%$514K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.6−0.082%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,471.4−0.097%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.8−0.069%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471.9−0.062%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.8−0.138%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.2+0.096%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.7−0.005%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.6−0.084%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.019%$3.9M$5.3M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,472.8long leg$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,472.5−0.021%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.6−0.014%$826K$1.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0195%1h1,473.6+0.052%$615K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0430%1h1,471.6−0.082%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.7+0.125%$3.8M$10.7M50xas long as short
Lighter RH ZEC+0.0496%1h1,474.6+0.121%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0694%1h1,473.2+0.029%$46K$47K10xas long as short