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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against GRVT−0.089%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.089%, 7d avg −0.001%
Together, before fees−0.151%+ Points / potential airdropGRVT: Active · farm board−$15 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: Binance is 0.088% cheaper against GRVT than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,452.10.0100pay 0.0100% / 8h2h 39m$3.0M$501K10x
ShortBinance ZECUSDT1,450.80.0100get 0.0100% / 8h2h 39m$658.8M$2.53B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
Price spread: −0.089% → −0.001%
−$8.83
Slippage, 4 orders
−$3.68
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.5
Costs to cover
0.227%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; Binance: live order book, 5 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, 5 min ago1.41 bp5.9 bp −$69.9 bp −$9921599.4 bp −$2.16M147858.2 bp −$73.93M
Sell Binance live order book, 5 min ago0.03 bp5.0 bp −$56.3 bp −$6315.0 bp −$1,498doesn'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−0.3476%1h1,438.1−0.964%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,454.3+0.153%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,451.1−0.073%$17.7M$44.3M25xas long as short
BloFin ZEC-USDT−0.0066%8h1,450.7−0.095%$28.9M$74.8M75xas long as short
Variational Omni ZEC−0.0017%8h1,451.4−0.050%$45.5M$32.1Mas long as short
Bybit ZECUSDT−0.0004%8h1,450.1−0.143%$268.7M$675.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,451−0.079%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.2−0.065%$899K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,449.3−0.192%$82K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,451.7−0.026%$591K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,450.6−0.108%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0012%8h1,451.4−0.052%$291K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0033% / S +0.0068%1h1,450−0.144%$543K100xas long as short
OKX ZEC-USDT-SWAP+0.0051%8h1,450.8−0.091%$171.9M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0064%1h1,450.7−0.098%$394K$518K5xas long as short
01 Exchange ZECUSD+0.0064%1h1,450.3−0.126%$8K$8K5xas long as short
Gate ZEC_USDT+0.0065%8h1,450.7−0.101%$49.0M$186.5M75xas long as short
Aster ZECUSDT+0.0069%8h1,451−0.080%$15.2M$34.7M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,449.8−0.160%$17K$867K10xas long as short
Lighter ZEC+0.0096%1h1,452.1−0.003%$18.7M$54.0M20xas long as short
Popdex ZECUSDT+0.0096%1h1,449.8−0.158%$177K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,450−0.146%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,449.8−0.158%$3.0M$6.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,452−0.008%$751.5M$489.0M10xas long as short
Pacifica ZEC+0.0100%1h1,450.6−0.108%$1.6M$3.1M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,450.8−0.089%$658.8M$2.53B75x
Bulk ZEC-USD+0.0100%1h1,452.5+0.026%$895K$33K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,451.1−0.067%$219.4M$886.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,450.7−0.100%$103.4M$56.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,451−0.077%$161.5M$313.4M75xas long as short
BingX ZEC-USDT+0.0100%8h1,450.6−0.102%$105.4Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,451.2−0.065%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,451.4−0.051%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perplong+0.0100%8h1,452.1long leg$3.0M$501K10x
ApeX Omni ZECUSDT+0.0100%1h1,451.9−0.015%$706K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,454.2+0.143%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,449.9−0.153%$297K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,449.8−0.157%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,449.6−0.173%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.2+0.003%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.3−0.054%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,450.3−0.127%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,450.1−0.140%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,452.9+0.052%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,451−0.078%$3.3M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,451.4−0.048%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,450.5−0.113%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,452.3+0.013%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0449%1h1,452.6+0.036%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,452.3+0.014%$750K$7.9M10xas long as short
Lighter RH ZEC+0.0736%1h1,453+0.058%$1.9M$8.4M10xas long as short