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% APRpaid last 24h +0.020%
Price spread now: edgeX against GRVT+0.033%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$240.243% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 7 days−0.046%−$5 · spread now +0.033%, 7d avg −0.057%
Together, before fees+0.010%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$1 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: edgeX is 0.090% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,467.70.0100pay 0.0100% / 8h1h 42m$3.0M$481K10x
ShortedgeX ZECUSDC1,468.20.0100get 0.0050% / 4h1h 42m$511K$9.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: +0.033% → −0.057%
$9
Slippage, 4 orders
−$6.3
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$15.3
Costs to cover
0.243%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 1 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, 1 min ago2.35 bp6.8 bp −$77.8 bp −$786641.4 bp −$664.1K73155.0 bp −$36.58M
Sell edgeX live order book, 1 min ago0.61 bp5.2 bp −$59.4 bp −$94doesn't fitdoesn'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−0.3310%1h1,462.9−0.323%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0404%1h1,467.1−0.039%$17.8M$44.6M25xas long as short
Ondo Perps ZEC-USD.P−0.0190%1h1,466.9−0.053%$398K$521K5xas long as short
BloFin ZEC-USDT−0.0098%8h1,467.1−0.039%$29.1M$75.5M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,468.2+0.038%$6K$2K10xas long as short
Bybit ZECUSDT−0.0048%8h1,466−0.116%$271.6M$673.7M75xas long as short
Variational Omni ZEC−0.0022%8h1,467.6−0.005%$46.6M$34.0Mas long as short
dYdX ZEC-USD0.0000%1h1,467.9+0.016%$413K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.9+0.082%$891K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,467.2−0.030%$83K$404K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,467.8+0.009%$597K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,468.1+0.025%$5.2M150xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0009% / S +0.0079%1h1,467.7+0.004%$543K100xas long as short
Orderly PERP_ZEC_USDC+0.0014%8h1,467.4−0.017%$294K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,466.4−0.086%$176.3M$1.36B50xas long as short
Bulk ZEC-USD+0.0054%1h1,460.6−0.484%$899K$25K10xas long as short
01 Exchange ZECUSD+0.0056%1h1,468.3+0.042%$8K$8K5xas long as short
Gate ZEC_USDT+0.0057%8h1,467.8+0.005%$49.9M$184.3M75xas long as short
Phoenix ZEC+0.0075%1h1,468.6+0.065%$4.6M$1.6M10xas long as short
Katana Perps ZEC-USD+0.0096%8h1,468+0.024%$14K$862K10xas long as short
Lighter ZEC+0.0096%1h1,468.1+0.028%$19.0M$52.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,467.6−0.003%$173K$1.9M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466−0.115%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,467.8+0.011%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,468.5+0.053%$760.9M$490.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,467.6−0.004%$15.4M$33.5M75xas long as short
Pacifica ZEC+0.0100%1h1,467−0.043%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,466.4−0.084%$675.0M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,466.6−0.076%$221.8M$856.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,466.8−0.059%$103.2M$56.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.6−0.074%$162.5M$307.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,466.4−0.087%$103.7Mas long as short
edgeX ZECUSDCshort+0.0100%4h1,468.2+0.033%$511K$9.5M20x
GRVT ZEC_USDT_Perplong+0.0100%8h1,467.7long leg$3.0M$481K10x
ApeX Omni ZECUSDT+0.0100%1h1,467.8+0.010%$431K$819K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.6+0.059%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.1+0.029%$346K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,467.4−0.021%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,465.9−0.124%$448K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,469.4+0.120%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,466.8−0.058%$222K$4.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,467.8+0.005%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,467.5−0.010%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,467.6−0.004%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,467.2−0.033%$37K$367K20xas long as short
RISEx ZEC/USDC+0.0190%1h1,468.5+0.053%$844K$1.8M10xas long as short
Backpack ZEC_USDC_PERP+0.0244%1h1,468.2+0.032%$2.3M$4.0M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,470.2+0.173%$3.7M$11.7M50xas long as short
Lighter RH ZEC+0.0440%1h1,469.4+0.119%$2.0M$8.2M10xas long as short
Arcus ZEC-USD+0.0444%1h1,467.8+0.011%$733K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0534%1h1,467.1−0.040%$41K$34K10xas long as short