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−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: GRVT against Extended−0.167%52s7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.065%+$7 on $10k
Price spread, last 7 days+0.101%+$10 · spread now −0.167%, 7d avg +0.036%
Together, before fees+0.166%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$17 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: GRVT is 0.203% cheaper against Extended than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of +0.036%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,462.80.0104pay 0.0013% / 1h16m 30s$2.8M$7.7M10x
ShortGRVT ZEC_USDT_Perp1,460.30.0100get 0.0100% / 8h5h 16m$3.0M$432K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.167% → +0.036%
−$20.3
Slippage, 4 orders
−$6.94
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$42.08
Costs to cover
0.209%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; GRVT: 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 Extended live order book, 2 min ago0.66 bp4.0 bp −$48.4 bp −$84232.4 bp −$23.2Kdoesn't fit
Sell GRVT live order book, 2 min ago1.34 bp6.2 bp −$67.1 bp −$71doesn'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%1h1,459.8−0.204%$34K$272K12xas long as short
BloFin ZEC-USDT−0.0083%8h1,461−0.118%$29.3M$70.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,462.8−0.001%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,461.3−0.099%$412K$43K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460−0.191%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,461.4−0.095%$84K$241K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.9−0.129%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0049%8h1,460.8−0.136%$292K$966K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0061% / S −0.0011%1h1,460.8−0.134%$410K100xas long as short
Phoenix ZEC+0.0074%1h1,461.9−0.057%$4.6M$1.4M10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,463.2+0.026%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,463.4+0.043%$16K$866K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463.1+0.022%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.80.000%$2.6M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464+0.085%$765.8M$430.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,462.4−0.022%$14.5M$28.1M75xas long as short
Pacifica ZEC+0.0100%1h1,463+0.014%$1.7M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.1+0.025%$670.1M$2.23B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462.4−0.024%$265.7M$604.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,463+0.015%$179.0M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.8−0.339%$396K$432K5xas long as short
Bulk ZEC-USD+0.0100%1h1,456.1−0.456%$882K$21K10xas long as short
Gate ZEC_USDT+0.0100%8h1,462.7−0.004%$49.9M$174.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.9+0.007%$215.3M$778.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.7−0.002%$102.4M$55.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.8+0.002%$162.6M$272.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,461.8−0.066%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,462.1−0.047%$2.4M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,459−0.255%$47.7M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.7−0.278%$568K$8.7M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,460.3−0.167%$3.0M$432K10x
ApeX Omni ZECUSDT+0.0100%1h1,459.4−0.227%$410K$913K50xas long as short
StandX ZEC-USD+0.0100%1h1,461.2−0.107%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,460.6−0.148%$332K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,461−0.123%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.6−0.215%$446K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,463.6+0.059%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,461−0.121%$233K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.9−0.196%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,460.8−0.132%$3.8M$5.1M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,462.8long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,460.4−0.161%$47K$153K20xas long as short
01 Exchange ZECUSD+0.0152%1h1,464+0.082%$8K$7K5xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,461−0.121%$18.1M$44.5M25xas long as short
Lighter ZEC+0.0240%1h1,464.4+0.112%$19.2M$46.7M20xas long as short
Arcus ZEC-USD+0.0277%1h1,463.5+0.049%$705K$8.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0286%1h1,461.3−0.097%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0376%1h1,464.4+0.112%$2.1M$6.9M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,463.4+0.044%$837K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,462.7−0.006%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0696%1h1,460−0.189%$45K$49K10xas long as short