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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0074%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: StandX against GMX−0.071%7-day average −0.025% · you buy dearer than you sell
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)+0.065%+$6 on $10k
Price spread, last 3 days (all we have)−0.322%−$32 · spread now −0.071%, 7d avg −0.025%
Together, before fees−0.257%+ Points / potential airdropStandX: Active · farm board−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. StandX is 0.046% cheaper against GMX than usual: you would sell low and buy high (spread −0.071% now, against its 7-day average of −0.025%). If the spread goes back, that is −$5 on $10k: about 2.0 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,457.1L +0.0026% / S +0.0072%pay 0.0003% / 1h26m 46s$547K100x
ShortStandX ZEC-USD1,456.10.0100get 0.0013% / 1h26m 46s$109K$4.8M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
$15.64
Price spread: −0.071% → −0.025%
−$4.56
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee StandX: 4 bp × 2 orders
−$8
Net
−$8.92
Costs to cover
0.200%
Break-even
11.0 days
Slippage unknown: GMX: no order-book sample; StandX: live order book, 2 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 StandX live order book, 2 min ago6.28 bp10.3 bp −$1012.2 bp −$122doesn't fitdoesn'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−0.3476%1h1,433.1−1.646%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0085%8h1,458+0.060%$28.8M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.5+0.092%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,457.7+0.037%$17.7M$44.7M25xas long as short
Variational Omni ZEC−0.0001%8h1,443−0.966%$45.4M$32.5Mas long as short
dYdX ZEC-USD0.0000%1h1,457.8+0.048%$411K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,460+0.200%$917K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,457.3+0.014%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,458.4+0.089%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.7+0.041%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit ZECUSDT+0.0011%8h1,459.1+0.135%$268.4M$676.0M75xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,457.7+0.041%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0026% / S +0.0072%1h1,457.1long leg$547K100x
OKX ZEC-USDT-SWAP+0.0058%8h1,459.5+0.160%$173.8M$1.36B50xas long as short
01 Exchange ZECUSD+0.0064%1h1,457.4+0.019%$8K$8K5xas long as short
Gate ZEC_USDT+0.0078%8h1,459.5+0.161%$49.5M$189.9M75xas long as short
Aster ZECUSDT+0.0090%8h1,459+0.127%$15.4M$34.7M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,456.7−0.027%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,459.5+0.166%$18.8M$54.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.1−0.001%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.5+0.094%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.3+0.011%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,460.2+0.211%$754.6M$496.9M10xas long as short
Pacifica ZEC+0.0100%1h1,458.1+0.069%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.4+0.158%$665.3M$2.54B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,441.6−1.065%$392K$516K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445−0.831%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,459+0.132%$218.5M$894.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,459.5+0.161%$103.5M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,459.6+0.170%$161.5M$313.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,458.4+0.087%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,458.6+0.104%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,444.1−0.893%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,445.8−0.779%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.6−0.788%$702K$608K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,456.1−0.071%$109K$4.8M30x
Polymarket Perps ZEC-USD+0.0100%1h1,457−0.008%$351K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457−0.007%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.3−0.056%$443K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.4+0.155%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.9+0.054%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458.4+0.089%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,458.3+0.082%$3.8M$5.4M50xas long as short
Phoenix ZEC+0.0103%1h1,452.1−0.347%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,459.8+0.183%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.7+0.043%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458+0.061%$870K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.2+0.143%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0454%1h1,452.1−0.343%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,459.6+0.168%$746K$8.0M10xas long as short
Lighter RH ZEC+0.0680%1h1,460.2+0.211%$2.0M$8.5M10xas long as short