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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.010%
Price spread now: Popdex against Extended+0.046%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$190.190% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.005%+$1 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.046%, 7d avg +0.036%
Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,463.90.0104pay 0.0013% / 1h8m 28s$2.8M$7.7M10x
ShortPopdex ZECUSDT1,464.60.0096get 0.0012% / 1h8m 28s$174K$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
−$1.68
Price spread: +0.046% → +0.036%
$1.04
Slippage, 4 orders
−$7.63
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$19.67
Costs to cover
0.190%
Break-even
never at this rate
Slippage from Extended: live order book, 6 min ago; Popdex: live order book, 1 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, 6 min ago2.36 bp5.1 bp −$58.3 bp −$83100.1 bp −$10.0Kdoesn't fit
Sell Popdex live order book, 1 min ago0.24 bp3.8 bp −$410.4 bp −$104doesn'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−0.3042%1h1,464.1+0.011%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.9−0.003%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,462.6−0.092%$29.6M$70.7M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.5−0.024%$407K$37K5xas long as short
Perpl ZEC0.0000%43m1,464+0.005%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.8−0.077%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,462.4−0.101%$292K$900K20xas long as short
Ondo Perps ZEC-USD.P+0.0070%1h1,462.1−0.122%$397K$436K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0072%1h1,463.3−0.037%$616K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0088% / S −0.0040%1h1,462.6−0.089%$437K100xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDTshort+0.0096%1h1,464.6+0.046%$174K$1.6M50x
Katana Perps ZEC-USD+0.0100%8h1,465+0.076%$14K$801K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464+0.010%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,464.9+0.069%$2.9M$6.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.3+0.029%$14.5M$27.8M75xas long as short
Pacifica ZEC+0.0100%1h1,464.1+0.017%$1.7M$2.3M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.7+0.053%$674.1M$2.17B75xas long as short
Bybit ZECUSDT+0.0100%8h1,464.2+0.019%$262.4M$587.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,464.6+0.051%$179.3M$1.21B50xas long as short
Bulk ZEC-USD+0.0100%1h1,460.6−0.224%$882K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.9−0.003%$52.2M$173.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.9+0.001%$218.8M$775.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.7−0.012%$103.1M$53.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.1+0.083%$166.4M$267.5M75xas long as short
BingX ZEC-USDC+0.0100%8h1,463.7−0.014%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.036%$48.0M$32.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.5−0.160%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.2−0.049%$3.0M$464K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,461.4−0.172%$404K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,464+0.007%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,464.7+0.055%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.5−0.098%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.4−0.169%$446K$504K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466.1+0.147%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,462.6−0.090%$234K$3.1M10xas long as short
HTX ZEC-USDT+0.0100%8h1,462.4−0.104%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.3−0.038%$3.9M$4.8M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,463.9long leg$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,462.4−0.099%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,464.7+0.057%$4.7M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,464.9+0.070%$8K$7K5xas long as short
Lighter RH ZEC+0.0128%1h1,465.1+0.080%$2.1M$7.0M10xas long as short
Hyperliquid ZEC+0.0147%1h1,466.2+0.158%$764.0M$419.4M10xas long as short
Kalshi KXZECPERP+0.0166%8h1,464.2+0.023%$1.5M$4.4M2.2xas long as short
Lighter ZEC+0.0168%1h1,465.1+0.080%$19.3M$45.6M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,464.2+0.024%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0301%1h1,464+0.007%$2.4M$3.8M15xas long as short
Kraken Futures PF_ZECUSD+0.0331%1h1,462.5−0.095%$18.0M$45.4M25xas long as short
Arcus ZEC-USD+0.0344%1h1,465.3+0.093%$677K$8.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,465.2+0.091%$3.8M$8.9M50xas long as short
Aftermath Perps ZECUSD+0.0684%1h1,463−0.059%$45K$49K10xas long as short