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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.023%
Price spread now: 01 Exchange against GMX−0.017%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX ZEC/USD [WBTC.b-USDC]1,504.2L +0.0161% / S −0.0199%pay 0.0020% / 1h40m 49s$437K100x
Short01 Exchange ZECUSD1,5040.0112get 0.0014% / 1h40m 49s$8K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$10.29
Price spread: −0.017% → 0.000%
−$1.68
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$30.98
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; 01 Exchange: no order-book sample. 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 01 Exchange no order-book sample
GMX and 01 Exchange: 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−0.3442%1h1,504.3+0.002%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502.1−0.142%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0180%8h1,504.4+0.010%$31.0M$75.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.9−0.023%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0072%1h1,501−0.217%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.478%$904K$2K10xas long as short
dYdX ZEC-USD0.0000%1h1,504.2−0.003%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,503.6−0.043%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,504.3+0.005%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,504.4+0.010%$18.1M$46.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0083%8h1,503.5−0.051%$303K$1.1M20xas long as short
Phoenix ZEC+0.0096%1h1,505.2+0.064%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.6−0.041%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,503.9−0.024%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.4−0.056%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.6+0.028%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.6+0.092%$786.7M$445.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,505.5+0.084%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,504.3+0.003%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,506+0.117%$704.6M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,505.5+0.086%$271.3M$623.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,506+0.116%$183.7M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,500.8−0.228%$411K$563K5xas long as short
Gate ZEC_USDT+0.0100%8h1,505.5+0.086%$56.4M$183.2M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,505.5+0.083%$239.6M$792.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.5+0.016%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,505.8+0.105%$162.6M$289.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,504.9+0.044%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,503−0.084%$49.1M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.8−0.027%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.225%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.295%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.9+0.043%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.7−0.035%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.8−0.025%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,502.8−0.094%$459K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506+0.119%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.9−0.025%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.8−0.097%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,504.2−0.003%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.1−0.007%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.6−0.040%$43K$151K20xas long as short
01 Exchange ZECUSDshort+0.0112%1h1,504−0.017%$8K$6K5x
RISEx ZEC/USDC+0.0128%1h1,503.6−0.042%$945K$1.1M10xas long as short
Lighter RH ZEC+0.0136%1h1,505.8+0.104%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]longL +0.0161% / S −0.0199%1h1,504.2long leg$437K100x
Deribit ZEC_USDC-PERPETUAL+0.0161%1h1,504.6+0.022%$687K$1.4M25xas long as short
Lighter ZEC+0.0232%1h1,505.9+0.113%$19.8M$45.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,504.4+0.010%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,504.9+0.044%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0541%1h1,504.9+0.043%$2.4M$3.9M15xas long as short