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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%
Price spread now: Aevo against GRVT+0.085%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.094%−$9 on $10k
Price spread, last 4 days (all we have)+0.300%+$30 · spread now +0.085%, 7d avg +0.034%
Together, before fees+0.206%+ Points / potential airdropGRVT: Active · farm board+$21 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 0.051% dearer against GRVT than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,456.10.0100pay 0.0100% / 8h3h 31m$3.0M$463K10x
ShortAevo ZEC-PERP1,457.30.0104get 0.0013% / 1h31m 22s$47K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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: +0.085% → +0.034%
$5.13
Slippage, 4 orders
−$40.26
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$59.29
Costs to cover
0.653%
Break-even
501.1 days
Slippage from GRVT: live order book, 2 min ago; Aevo: live order book, 22 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 GRVT live order book, 2 min ago1.92 bp7.1 bp −$711.1 bp −$1119390.5 bp −$939.1K86889.0 bp −$43.44M
Sell Aevo live order book, 22 min ago15.35 bp25.4 bp −$2527.1 bp −$27156.5 bp −$5,651doesn'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−0.3042%1h1,455.9−0.015%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,456.1+0.004%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0070%8h1,455−0.075%$29.5M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,455−0.072%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,456.6+0.038%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.5+0.096%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,457.7+0.111%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0083% / S −0.0033%1h1,457.5+0.099%$434K100xas long as short
Popdex ZECUSDT+0.0096%1h1,457.5+0.098%$174K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,457.2+0.078%$14K$821K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex ZEC-USD-PERP+0.0100%8h1,455.4−0.048%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,456.6+0.039%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,457.5+0.100%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,456.6+0.038%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.9+0.123%$670.7M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.3+0.082%$261.5M$599.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,458+0.131%$178.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.026%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.152%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.6+0.103%$51.2M$171.4M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,457.7+0.111%$219.0M$769.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.4+0.092%$102.7M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458+0.129%$165.8M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,457.6+0.103%$105.6Mas long as short
Variational Omni ZEC+0.0100%8h1,450.8−0.363%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,453.9−0.147%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perplong+0.0100%8h1,456.1long leg$3.0M$463K10x
ApeX Omni ZECUSDT+0.0100%1h1,455.5−0.042%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.2−0.127%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.6+0.105%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,457.7+0.109%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,456.4+0.022%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.9+0.192%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,457.8+0.119%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.136%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,457.4+0.092%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,457.5+0.097%$2.8M$7.7M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,457.3+0.085%$47K$151K20x
Kalshi KXZECPERP+0.0108%8h1,455.7−0.028%$1.5M$4.4M2.2xas long as short
Lighter RH ZEC+0.0112%1h1,457.8+0.116%$2.1M$7.0M10xas long as short
Phoenix ZEC+0.0116%1h1,455−0.074%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,457.8+0.117%$8K$7K5xas long as short
Backpack ZEC_USDC_PERP+0.0125%1h1,455.5−0.040%$2.4M$3.8M15xas long as short
Hyperliquid ZEC+0.0139%1h1,459+0.201%$759.5M$425.9M10xas long as short
Lighter ZEC+0.0160%1h1,457.6+0.106%$19.2M$44.9M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,457.2+0.077%$921K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0332%1h1,457.6+0.103%$18.1M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,458.2+0.144%$698K$8.2M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0355%1h1,458.5+0.167%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,459.5+0.238%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0668%1h1,454.6−0.103%$45K$49K10xas long as short