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−0.0027%/8h= −3.0% APRpaid last 24h −0.025%
Price spread now: OKX against Extended−0.017%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$250.249% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.225%−$22 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.017%, 7d avg +0.030%
Together, before fees−0.182%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.048% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,477.60.0104pay 0.0013% / 1h49m 46s$3.2M$7.0M10x
ShortOKX ZEC-USDT-SWAP1,477.40.0077get 0.0077% / 8h6h 49m$181.2M$1.29B50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$5.7
Price spread: −0.017% → +0.030%
−$4.75
Slippage, 4 orders
−$9.9
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$35.35
Costs to cover
0.249%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; OKX: 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 ago3.80 bp7.7 bp −$811.2 bp −$112148.8 bp −$14.9Kdoesn't fit
Sell OKX live order book, 4 min ago0.03 bp5.0 bp −$55.3 bp −$5318.2 bp −$1,820doesn'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−0.3678%1h1,478.8+0.078%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,477.60.000%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0080%8h1,480.2+0.176%$29.7M$73.6M75xas long as short
Ondo Perps ZEC-USD.P−0.0070%1h1,477.6−0.002%$401K$519K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,478.9+0.088%$18.1M$43.4M25xas long as short
dYdX ZEC-USD0.0000%1h1,478.7+0.076%$416K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,479.9+0.151%$965K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,478.4+0.054%$84K$405K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478.7+0.073%$5.2M150xas long as short
Variational Omni ZEC+0.0010%8h1,477.5−0.007%$48.2M$33.5Mas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0025%8h1,479+0.092%$295K$1.1M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,478.9+0.084%$8K$9K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,478.5+0.060%$384K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6−0.542%$4.6M$1.5M10xas long as short
OKX ZEC-USDT-SWAPshort+0.0077%8h1,477.4−0.017%$181.2M$1.29B50x
Gate ZEC_USDT+0.0092%8h1,477.7+0.006%$50.3M$173.9M75xas long as short
Popdex ZECUSDT+0.0096%1h1,478.6+0.069%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,479+0.090%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,478.6+0.064%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,478.8+0.080%$2.7M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,478.2+0.039%$769.5M$449.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,478.3+0.047%$15.0M$31.0M75xas long as short
Pacifica ZEC+0.0100%1h1,478.7+0.071%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.8+0.010%$684.8M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,477.5−0.006%$272.9M$626.6M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.7−0.472%$895K$17K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,477.9+0.019%$219.4M$791.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,477.8+0.014%$104.1M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,477.5−0.010%$163.9M$287.2M75xas long as short
BingX ZEC-USDC+0.0100%8h1,478.8+0.080%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,473−0.316%$574K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,476.9−0.049%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.1−0.240%$429K$894K50xas long as short
StandX ZEC-USD+0.0100%1h1,477.4−0.013%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,478.5+0.059%$343K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,478.5+0.056%$129K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,477.5−0.008%$460K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.3+0.250%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,479.1+0.100%$244K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477.8+0.014%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,479.3+0.111%$3.8M$5.2M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,477.6long leg$3.2M$7.0M10x
Aevo ZEC-PERP+0.0104%1h1,478.7+0.075%$51K$164K20xas long as short
Arcus ZEC-USD+0.0254%1h1,479.8+0.144%$671K$8.7M10xas long as short
Lighter RH ZEC+0.0280%1h1,478.8+0.079%$2.1M$7.0M10xas long as short
Lighter ZEC+0.0328%1h1,478.5+0.056%$19.3M$47.9M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0353%1h1,479.9+0.151%$609K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,479.3+0.112%$859K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,480.6+0.201%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0592%1h1,479.6+0.130%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0746%1h1,474.4−0.219%$44K$46K10xas long as short