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+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Aevo against GMX+0.035%7-day average −0.024% · 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)+0.064%+$6 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.035%, 7d avg −0.024%
Together, before fees+0.104%+$10 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: Aevo is 0.059% dearer against GMX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.024%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,468.3L +0.0096% / S −0.0049%pay 0.0012% / 1h37m 48s$438K100x
ShortAevo ZEC-PERP1,468.80.0104get 0.0013% / 1h37m 48s$47K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
$1.73
Price spread: +0.035% → −0.024%
$5.92
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$20.35
Costs to cover
0.280%
Break-even
89.5 days
Slippage unknown: GMX: no order-book sample; Aevo: live order book, 11 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 GMX no order-book sample
Sell Aevo live order book, 11 min ago3.44 bp16.6 bp −$1721.3 bp −$21329.9 bp −$2,988doesn't fit
GMX: 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−0.3243%1h1,465−0.224%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.9−0.231%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,466.5−0.123%$29.9M$70.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,468.7+0.030%$408K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.30.000%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,467.6−0.042%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,468.5+0.018%$5.2M150xas long as short
01 Exchange ZECUSD+0.0048%1h1,469.1+0.058%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,468.4+0.007%$294K$902K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0078%1h1,469.2+0.065%$618K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0090%8h1,468.4+0.011%$261.8M$589.3M75xas long as short
Phoenix ZEC+0.0092%1h1,465.7−0.177%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0096% / S −0.0049%1h1,468.3long leg$438K100x
Popdex ZECUSDT+0.0096%1h1,468.9+0.041%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,468.2−0.005%$13K$812K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,468.8+0.034%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,468.3+0.006%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,469.8+0.105%$764.8M$418.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.1+0.057%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,469.2+0.063%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,468.8+0.039%$677.4M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,468.3+0.002%$178.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,465.3−0.201%$397K$430K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.380%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,468.4+0.013%$53.1M$170.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,468.7+0.032%$219.7M$759.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,469.2+0.064%$103.5M$52.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,468.8+0.039%$166.2M$267.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,468.1−0.011%$107.8Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4−0.263%$48.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.6−0.316%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.7−0.312%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,465−0.220%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,465.9−0.158%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.6+0.023%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,468.30.000%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.4−0.059%$448K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.1+0.196%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,468.4+0.008%$235K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467−0.085%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,468.4+0.009%$3.9M$4.7M50xas long as short
Extended ZEC-USD+0.0104%1h1,468.3+0.002%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,468.8+0.035%$47K$151K20x
Lighter RH ZEC+0.0120%1h1,470.2+0.129%$2.1M$7.1M10xas long as short
Lighter ZEC+0.0128%1h1,470.3+0.139%$19.4M$43.9M20xas long as short
Kraken Futures PF_ZECUSD+0.0146%1h1,468−0.020%$18.0M$45.5M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,468.8+0.039%$927K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0309%1h1,468.8+0.036%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,470.1+0.126%$3.8M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,469.7+0.095%$668K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0678%1h1,466.1−0.149%$45K$49K10xas long as short