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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:29 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.046%
Price spread now: Perpl against Extended−0.027%7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.113%−$11 on $10k
Price spread, last 3 days (all we have)+0.419%+$42 · spread now −0.027%, 7d avg −0.025%
Together, before fees+0.306%+ Points / potential airdropExtended: Active · Perpl: Active · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,471.40.0104pay 0.0013% / 1h29m 35s$3.3M$6.9M10x
ShortPerpl ZEC1,4710get 0.0000% / 43m25m 35s$84K$404K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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: −0.027% → −0.025%
−$0.21
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$40.85
Costs to cover
0.188%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.

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 ago1.50 bp4.1 bp −$47.9 bp −$7951.1 bp −$5,106doesn't fit
Sell Perpl no order-book sample
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.3089%1h1,472.3+0.067%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0254%1h1,468.3−0.208%$399K$515K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,470.5−0.058%$17.9M$44.3M25xas long as short
Bybit ZECUSDT−0.0111%8h1,470.6−0.053%$275.0M$654.5M75xas long as short
BloFin ZEC-USDT−0.0102%8h1,469.7−0.112%$29.6M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.1−0.021%$6K$2K10xas long as short
Variational Omni ZEC−0.0057%8h1,468.8−0.174%$46.8M$33.8Mas long as short
ApeX Omni ZECUSDT−0.0045%1h1,470.3−0.069%$431K$841K50xas long as short
dYdX ZEC-USD0.0000%1h1,471−0.022%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,470.5−0.058%$902K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZECshort0.0000%43m1,471−0.027%$84K$404K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,471−0.027%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,470.7−0.046%$294K$1.4M20xas long as short
01 Exchange ZECUSD+0.0016%1h1,471.7+0.022%$8K$8K5xas long as short
Phoenix ZEC+0.0024%1h1,470.8−0.038%$4.6M$1.6M10xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,471.2−0.011%$180.8M$1.34B50xas long as short
Gate ZEC_USDT+0.0046%8h1,471.2−0.010%$50.8M$186.4M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,471−0.023%$372K100xas long as short
Lighter ZEC+0.0096%1h1,472.5+0.077%$19.2M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,471.3−0.004%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,470.2−0.076%$13K$836K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,470.8−0.038%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,471.2−0.008%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,472.3+0.064%$763.3M$474.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,471.1−0.015%$15.0M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,471.4+0.005%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,471.3−0.003%$684.0M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,472.7+0.095%$720K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,469.8−0.109%$894K$39K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,471.2−0.011%$232.0M$837.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471−0.028%$103.6M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,471.2−0.011%$163.0M$301.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,470.8−0.041%$102.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.1−0.085%$513K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.2−0.081%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,471.2−0.011%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,471.2−0.011%$344K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,471−0.025%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,469.1−0.151%$448K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,472.2+0.059%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,470.4−0.066%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.3−0.006%$2.5M$23.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,471.2−0.013%$3.9M$5.3M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,471.4long leg$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,470.8−0.041%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0121%1h1,471.5+0.012%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0132%1h1,471.9+0.036%$825K$1.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0416%1h1,471.6+0.013%$2.4M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,473.4+0.137%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0480%1h1,473+0.114%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0706%1h1,472.4+0.068%$46K$47K10xas long as short