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% APRnext payment $0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Hyperliquid against Extended+0.056%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.157%+$16 on $10k
Price spread, last 7 days+0.018%+$2 · spread now +0.056%, 7d avg +0.064%
Together, before fees+0.175%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,462.70.0104pay 0.0013% / 1h45m 25s$2.8M$7.7M10x
ShortHyperliquid ZEC1,463.50.0100get 0.0013% / 1h45m 25s$762.7M$432.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: +0.056% → +0.064%
−$0.78
Slippage, 4 orders
−$6.3
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$21.92
Costs to cover
0.203%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Hyperliquid: live order book, 9 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 ago2.19 bp4.7 bp −$56.9 bp −$6990.5 bp −$9,047doesn't fit
Sell Hyperliquid live order book, 9 min ago0.34 bp5.1 bp −$57.0 bp −$70doesn'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%1h1,469.5+0.468%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,461.3−0.095%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0077%8h1,458.2−0.309%$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,461.1−0.108%$411K$46K5xas long as short
Kalshi KXZECPERP0.0000%8h1,459.8−0.195%$963K$4.6M2.2xas long as short
Perpl ZEC0.0000%43m1,461.8−0.063%$84K$249K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,460.4−0.154%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0036%8h1,460.4−0.157%$292K$979K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0047%1h1,460.9−0.123%$608K$1.3M25xas long as short
Ondo Perps ZEC-USD.P+0.0049%1h1,459.8−0.197%$396K$433K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0009%1h1,460.5−0.148%$379K100xas long as short
ApeX Omni ZECUSDT+0.0073%1h1,462−0.045%$425K$879K50xas long as short
Phoenix ZEC+0.0074%1h1,459.6−0.211%$4.6M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,462.7−0.002%$173K$1.8M50xas long as short
Variational Omni ZEC+0.0098%8h1,459.8−0.195%$47.4M$31.8Mas long as short
Katana Perps ZEC-USD+0.0100%8h1,462.8+0.005%$19K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,462.6−0.005%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,462.6−0.007%$2.6M$6.5M10xas long as short
Hyperliquid ZECshort+0.0100%1h1,463.5+0.056%$762.7M$432.8M10x
Aster ZECUSDT+0.0100%8h1,461.6−0.077%$14.5M$29.0M75xas long as short
Pacifica ZEC+0.0100%1h1,461.7−0.068%$1.7M$2.6M10xas long as short
Binance ZECUSDT+0.0100%8h1,462.4−0.017%$674.2M$2.25B75xas long as short
Bybit ZECUSDT+0.0100%8h1,462.1−0.042%$270.1M$605.3M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,462.4−0.021%$179.9M$1.23B50xas long as short
Bulk ZEC-USD+0.0100%1h1,458.7−0.276%$886K$16K10xas long as short
Gate ZEC_USDT+0.0100%8h1,462.4−0.022%$50.0M$170.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,462.5−0.015%$215.7M$770.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,462.2−0.030%$102.8M$55.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.4−0.019%$162.3M$275.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,462.6−0.005%$97.1Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,460.9−0.121%$2.4M$3.8M15xas long as short
edgeX ZECUSDC+0.0100%4h1,459−0.255%$568K$8.9M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.3−0.230%$3.0M$418K10xas long as short
StandX ZEC-USD+0.0100%1h1,460.4−0.156%$70K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462.1−0.040%$340K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.4−0.021%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,459.1−0.243%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,462.3−0.027%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,459.4−0.227%$241K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,459.3−0.229%$2.5M$18.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.7−0.207%$3.8M$5.1M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,462.7long leg$2.8M$7.7M10x
01 Exchange ZECUSD+0.0104%1h1,463.1+0.028%$8K$7K5xas long as short
Aevo ZEC-PERP+0.0104%1h1,460.2−0.171%$48K$155K20xas long as short
Lighter ZEC+0.0176%1h1,462.8+0.010%$19.1M$45.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0195%1h1,459.6−0.211%$18.0M$43.7M25xas long as short
Arcus ZEC-USD+0.0277%1h1,463.9+0.083%$707K$8.5M10xas long as short
Lighter RH ZEC+0.0328%1h1,463+0.019%$2.1M$6.8M10xas long as short
RISEx ZEC/USDC+0.0409%1h1,463.3+0.040%$838K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0456%1h1,462−0.049%$3.6M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0708%1h1,463.6+0.064%$43K$46K10xas long as short