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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: RISEx against Extended−0.072%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.204%+$20 on $10k
Price spread, last 7 days+0.095%+$9 · spread now −0.072%, 7d avg +0.057%
Together, before fees+0.299%+ Points / potential airdropExtended: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.129% cheaper against Extended than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.057%). If the spread goes back, that is −$13 on $10k: about 8.5 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.204% in total) that is about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,470.90.0104pay 0.0013% / 1h35m 53s$2.8M$7.8M10x
ShortRISEx ZEC/USDC1,469.80.0154get 0.0019% / 1h35m 53s$928K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$10.57
Price spread: −0.072% → +0.057%
−$12.86
Slippage, 4 orders
−$10.01
Fee Extended: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$23.3
Costs to cover
0.210%
Break-even
22.4 days
Slippage from Extended: live order book, 3 min ago; RISEx: live order book, 3 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, 3 min ago0.58 bp3.9 bp −$45.7 bp −$5767.3 bp −$6,733doesn't fit
Sell RISEx live order book, 3 min ago1.02 bp4.0 bp −$49.4 bp −$94doesn'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−0.3243%1h1,468.8−0.143%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.6−0.087%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0073%8h1,469.2−0.110%$29.9M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,468.7−0.146%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.2+0.022%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,469.7−0.079%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,471+0.011%$5.2M150xas long as short
01 Exchange ZECUSD+0.0056%1h1,469.9−0.062%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,471.2+0.025%$294K$902K20xas long as short
Bybit ZECUSDT+0.0089%8h1,469.8−0.070%$261.5M$589.7M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,466.5−0.297%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,469.5−0.090%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0096% / S −0.0050%1h1,470.1−0.050%$438K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0097%1h1,472.2+0.094%$620K$1.3M25xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.2−0.110%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,469.6−0.082%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,469.9−0.062%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471.4+0.037%$766.2M$418.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,470.6−0.015%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,469.6−0.085%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,470.7−0.008%$678.3M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,470−0.056%$178.7M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,465.3−0.378%$399K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.556%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,470.8−0.007%$53.2M$170.9M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.90.000%$222.8M$760.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.5+0.040%$103.4M$52.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.3−0.036%$166.4M$267.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,470.90.000%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,470.5−0.022%$48.2M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,465.2−0.387%$570K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,466.6−0.290%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,466.2−0.319%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.7−0.149%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,470−0.058%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,470.1−0.054%$162K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.1−0.052%$449K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.6+0.253%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,471.7+0.059%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,470−0.058%$2.7M$18.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.3+0.095%$3.9M$4.8M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,470.9long leg$2.8M$7.8M10x
Aevo ZEC-PERP+0.0104%1h1,472+0.075%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,471.6+0.049%$2.1M$7.1M10xas long as short
Lighter ZEC+0.0136%1h1,471.7+0.060%$19.5M$43.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,471.8+0.065%$18.0M$45.6M25xas long as short
RISEx ZEC/USDCshort+0.0154%1h1,469.8−0.072%$928K$1.1M10x
Backpack ZEC_USDC_PERP+0.0331%1h1,472.4+0.106%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,471.5+0.045%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,470.7−0.008%$667K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0678%1h1,467.3−0.243%$45K$49K10xas long as short