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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0104%/8h= −11.4% APRnext payment $0.13 per $10,000 · paid last 24h −0.038%
Price spread now: dYdX against Extended−0.024%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$820.822% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 4 days (all we have)+0.127%+$13 · spread now −0.024%, 7d avg +0.007%
Together, before fees+0.168%+ Points / potential airdropExtended: Active · farm board+$17 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 dYdX is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.007%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,447.30.0104pay 0.0013% / 1h48m 26s$2.8M$7.7M10x
ShortdYdX ZEC-USD1,4470get 0.0000% / 1h48m 26s$407K$40K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$21.84
Price spread: −0.024% → +0.007%
−$3.05
Slippage, 4 orders
−$67.21
Fee Extended: 2.5 bp × 2 orders
−$5
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$107.1
Costs to cover
0.822%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; dYdX: live order book, 11 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, 6 min ago1.57 bp4.1 bp −$48.1 bp −$81198.5 bp −$19.8Kdoesn't fit
Sell dYdX live order book, 11 min ago29.20 bp37.5 bp −$3790.2 bp −$902233.0 bp −$23.3K1396.0 bp −$698.0K

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−0.3166%1h1,448+0.045%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,446.5−0.053%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0074%8h1,446.4−0.060%$29.1M$70.3M75xas long as short
dYdX ZEC-USDshort0.0000%1h1,447−0.024%$407K$40K5x
Kalshi KXZECPERP0.0000%8h1,446.9−0.032%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,447.4+0.007%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.8+0.031%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,446.2−0.079%$289K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0015%1h1,446.2−0.074%$406K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,448.3+0.067%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,448+0.049%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.1−0.013%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,447.6+0.022%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,448+0.050%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,449+0.116%$753.6M$434.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,446.7−0.044%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,447.2−0.010%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,447.9+0.044%$664.1M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,447.6+0.017%$261.1M$602.8M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,448.2+0.058%$176.7M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.7−0.112%$394K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.147%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447.8+0.031%$49.8M$172.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,448+0.048%$214.1M$768.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,448.1+0.054%$101.9M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,447.9+0.043%$164.3M$273.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,447.7+0.029%$100.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,447.7+0.028%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2−0.011%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,449.2+0.133%$564K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.8+0.101%$3.0M$424K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,447.1−0.018%$405K$916K50xas long as short
StandX ZEC-USD+0.0100%1h1,446.7−0.044%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.5+0.013%$364K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,447.8+0.035%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,445.2−0.148%$441K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,449.1+0.125%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,446.5−0.059%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,446.2−0.078%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,446.4−0.062%$3.8M$5.1M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,447.3long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,445.7−0.108%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,448.9+0.110%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0226%1h1,446.8−0.034%$607K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,446.3−0.070%$17.9M$44.8M25xas long as short
Lighter ZEC+0.0360%1h1,448.4+0.075%$19.0M$45.8M20xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.5+0.083%$932K$1.1M10xas long as short
Lighter RH ZEC+0.0416%1h1,448.7+0.099%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,448.7+0.093%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,449.9+0.178%$738K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0671%1h1,448.7+0.097%$44K$49K10xas long as short