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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: HTX against Extended+0.048%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.305%−$31 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now +0.048%, 7d avg −0.017%
Together, before fees−0.258%+ Points / potential airdropExtended: Active · farm board−$26 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: HTX is 0.065% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.017%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,472.20.0104pay 0.0013% / 1h23m 33s$3.2M$7.0M10x
ShortHTX ZEC-USDT1,472.90.0100get 0.0100% / 8h6h 23m$2.5M$18.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.048% → −0.017%
$6.54
Slippage, 4 orders
−$18.22
Fee Extended: 2.5 bp × 2 orders
−$5
Fee HTX: 6 bp × 2 orders
−$12
Net
−$29.52
Costs to cover
0.352%
Break-even
never at this rate
Slippage from Extended: live order book, 5 min ago; HTX: live order book, 6 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, 5 min ago4.58 bp7.1 bp −$712.1 bp −$12157.0 bp −$5,697doesn't fit
Sell HTX live order book, 6 min ago3.12 bp11.4 bp −$1114.9 bp −$14936.9 bp −$3,69591.3 bp −$45.6K

ZEC on 50 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−0.3678%1h1,459.3−0.876%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6+0.029%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0029%1h1,471.4−0.054%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,472.8+0.043%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.2+0.071%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.2+0.134%$974K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,472.5+0.018%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,472.6+0.029%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,472.7+0.035%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.152%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,472.6+0.027%$385K100xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.266%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,472.7+0.032%$8K$9K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0075%1h1,473.2+0.066%$613K$1.3M25xas long as short
Popdex ZECUSDT+0.0096%1h1,472.4+0.012%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,472−0.012%$181.4M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,472.2+0.002%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,472.4+0.013%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472.9+0.051%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.2+0.069%$766.9M$442.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.1−0.007%$14.8M$30.6M75xas long as short
Pacifica ZEC+0.0100%1h1,472.8+0.038%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.20.000%$680.4M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,472−0.014%$271.4M$617.6M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.298%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,472.1−0.004%$50.3M$175.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.5+0.022%$215.8M$800.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,472.5+0.023%$103.4M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.2+0.003%$163.6M$283.4M75xas long as short
BingX ZEC-USDC+0.0100%8h1,472.6+0.024%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.213%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8+0.106%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.6+0.161%$429K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.1+0.065%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.1−0.006%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.6+0.025%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,471.2−0.070%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,475+0.193%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.8+0.039%$243K$3.7M10xas long as short
HTX ZEC-USDTshort+0.0100%8h1,472.9+0.048%$2.5M$18.7M75x
Phemex ZECUSDT+0.0100%8h1,473.3+0.074%$3.9M$5.4M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,472.2long leg$3.2M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,472.8+0.041%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,474.1+0.128%$690K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,474+0.120%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0280%1h1,474.5+0.153%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,473.1+0.062%$865K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,474.1+0.130%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0492%1h1,473.4+0.081%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0735%1h1,474.4+0.151%$44K$46K10xas long as short