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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: SunX against Extended+0.183%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1261.262% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.105%+$11 on $10k
Price spread, last 3 days (all we have)+0.051%+$5 · spread now +0.183%, 7d avg +0.111%
Together, before fees+0.156%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.072% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.111%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,462.10.0104pay 0.0013% / 1h37m 28s$3.2M$6.9M10x
ShortSunX ZEC-USDT1,464.70.0100get 0.0100% / 8h1h 37m$3K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.183% → +0.111%
$7.18
Slippage, 4 orders
−$113.23
Fee Extended: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.9
Costs to cover
1.262%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; SunX: live order book, 6 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, 2 min ago1.11 bp3.6 bp −$46.6 bp −$6680.1 bp −$8,009doesn't fit
Sell SunX live order book, 6 min ago29.05 bp66.9 bp −$67doesn't fitdoesn'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−0.3310%1h1,465.8+0.252%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,462−0.003%$17.8M$44.7M25xas long as short
Ondo Perps ZEC-USD.P−0.0225%1h1,466+0.269%$398K$520K5xas long as short
BloFin ZEC-USDT−0.0088%8h1,462.7+0.040%$29.1M$75.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,460.4−0.115%$6K$2K10xas long as short
Bybit ZECUSDT−0.0050%8h1,461.4−0.048%$270.7M$673.6M75xas long as short
Variational Omni ZEC−0.0026%8h1,465.3+0.218%$46.6M$34.0Mas long as short
ApeX Omni ZECUSDT−0.0024%1h1,463.5+0.096%$430K$820K50xas long as short
dYdX ZEC-USD0.0000%1h1,461.6−0.031%$412K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,463+0.064%$885K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,462−0.003%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,462.8+0.051%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,462.7+0.046%$541K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,462.3+0.016%$292K$1.5M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0028%1h1,462.4+0.026%$595K$1.3M25xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.270%$905K$27K10xas long as short
Gate ZEC_USDT+0.0047%8h1,461.5−0.040%$49.9M$184.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0047%8h1,461.9−0.014%$175.5M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.5+0.031%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,461.4−0.049%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,462.4+0.023%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,462.7+0.042%$18.9M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,461.8−0.021%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,461−0.072%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,461.6−0.029%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,462.9+0.057%$758.2M$484.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,461.9−0.014%$15.6M$33.3M75xas long as short
Pacifica ZEC+0.0100%1h1,461.6−0.029%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,461.8−0.022%$673.5M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,461.1−0.068%$222.0M$859.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,460.4−0.114%$102.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,462.2+0.010%$161.7M$306.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,461.8−0.017%$103.3Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.4+0.089%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,462.3+0.018%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,462.9+0.060%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462−0.005%$343K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.3+0.016%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,460.9−0.082%$446K$502K6.7xas long as short
SunX ZEC-USDTshort+0.0100%8h1,464.7+0.183%$3K$1.3M20x
SoDEX ZEC-USD+0.0100%1h1,462.1+0.004%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,461.5−0.040%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,462.4+0.025%$3.8M$5.4M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,462.1long leg$3.2M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,462.2+0.006%$36K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,462.2+0.007%$841K$1.7M10xas long as short
Backpack ZEC_USDC_PERP+0.0203%1h1,462.4+0.025%$2.3M$3.9M15xas long as short
Lighter RH ZEC+0.0368%1h1,462.5+0.027%$2.0M$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,463.5+0.101%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,463+0.065%$744K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,465.3+0.222%$41K$34K10xas long as short