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−0.0130%/8h= −14.3% APRpaid last 24h −0.017%
Price spread now: Variational Omni against Extended+0.045%7-day average +0.003% · you sell dearer than you buy
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 3 days (all we have)−0.012%−$1 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.045%, 7d avg +0.003%
Together, before fees−0.041%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.042% dearer against Extended than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.003%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 3 days (−0.012% in total) that is about 11 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ZEC-USD1,464.70.0104pay 0.0013% / 1h23m 22s$3.3M$6.9M10x
ShortVariational Omni ZEC1,465.3−0.0026pay 0.0026% / 8h1h 23m$46.6M$33.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$27.35
Price spread: +0.045% → +0.003%
$4.17
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.19
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 6 min ago1.46 bp4.8 bp −$58.1 bp −$81107.8 bp −$10.8Kdoesn't fit
Sell Variational Omni RFQ quote, 1 min ago2.77 bpdoesn't fit6.7 bp −$6717.5 bp −$1,751doesn'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%1h1,469.5+0.332%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,464.5−0.014%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.P−0.0226%1h1,464.3−0.026%$397K$514K5xas long as short
BloFin ZEC-USDT−0.0089%8h1,464.3−0.025%$29.2M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,465.4+0.047%$6K$2K10xas long as short
Bulk ZEC-USD−0.0065%1h1,462.1−0.176%$902K$27K10xas long as short
Bybit ZECUSDT−0.0060%8h1,463.4−0.087%$271.5M$668.0M75xas long as short
Variational Omni ZECshort−0.0026%8h1,465.3+0.045%$46.6M$33.5M
dYdX ZEC-USD0.0000%1h1,465.6+0.064%$413K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.1+0.234%$887K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,464.4−0.018%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,464.5−0.014%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,464.6−0.007%$292K$1.4M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0037% / S +0.0009%1h1,464.3−0.029%$355K100xas long as short
Gate ZEC_USDT+0.0046%8h1,464.1−0.041%$49.8M$186.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,464.5−0.009%$176.4M$1.35B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,465.3+0.039%$8K$8K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0073%1h1,465.3+0.042%$596K$1.3M25xas long as short
Phoenix ZEC+0.0075%1h1,467.6+0.199%$4.6M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0082%1h1,467.6+0.199%$431K$822K50xas long as short
Popdex ZECUSDT+0.0096%1h1,464.4−0.020%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,465.4+0.052%$14K$832K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.8+0.011%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.2+0.038%$2.5M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,465.2+0.036%$759.7M$478.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.5−0.011%$15.6M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,465.6+0.065%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.3−0.026%$674.6M$2.48B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.1−0.042%$220.2M$865.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.5−0.013%$103.5M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,464.3−0.027%$162.4M$304.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,464.2−0.033%$102.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,467.7+0.204%$512K$9.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,467.4+0.186%$3.0M$481K10xas long as short
StandX ZEC-USD+0.0100%1h1,466.2+0.104%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,463.9−0.053%$343K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.9−0.050%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.8−0.129%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.3+0.176%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.3−0.025%$222K$4.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.5−0.082%$2.5M$23.8M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.70.000%$3.8M$5.3M50xas long as short
Extended ZEC-USDlong+0.0104%1h1,464.7long leg$3.3M$6.9M10x
Aevo ZEC-PERP+0.0104%1h1,464.2−0.034%$36K$366K20xas long as short
Lighter ZEC+0.0136%1h1,466+0.092%$19.0M$52.6M20xas long as short
RISEx ZEC/USDC+0.0190%1h1,465.2+0.035%$842K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0197%1h1,465.7+0.069%$2.3M$3.8M15xas long as short
Lighter RH ZEC+0.0400%1h1,466.9+0.151%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,466.1+0.100%$3.7M$11.5M50xas long as short
Arcus ZEC-USD+0.0444%1h1,466.5+0.122%$725K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0573%1h1,465.4+0.047%$41K$34K10xas long as short