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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: SoDEX against GRVT+0.099%74s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$210.213% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.291%+$29 · spread now +0.099%, 7d avg +0.038%
Together, before fees+0.288%+ Points / potential airdropGRVT: Active · farm board+$29 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: SoDEX is 0.061% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ZEC_USDT_Perp1,462.20.0100pay 0.0100% / 8h1h 33m$3.0M$481K10x
ShortSoDEX ZEC-USD1,463.70.0100get 0.0013% / 1h33m 58s$222K$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: +0.099% → +0.038%
$6.13
Slippage, 4 orders
−$4.27
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$15.14
Costs to cover
0.213%
Break-even
never at this rate
Slippage from GRVT: live order book, 5 min ago; SoDEX: 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 ago1.81 bp6.3 bp −$69.3 bp −$9310365.1 bp −$1.04M91757.2 bp −$45.88M
Sell SoDEX live order book, 5 min ago0.03 bp4.5 bp −$415.7 bp −$157104.1 bp −$10.4Kdoesn'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%1h1,448.2−0.955%$33K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0405%1h1,463.5+0.090%$17.8M$44.9M25xas long as short
Ondo Perps ZEC-USD.P−0.0214%1h1,459.3−0.199%$396K$518K5xas long as short
BloFin ZEC-USDT−0.0089%8h1,463.7+0.104%$29.3M$75.3M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.8+0.110%$6K$2K10xas long as short
Bybit ZECUSDT−0.0051%8h1,462.4+0.015%$270.8M$673.7M75xas long as short
Variational Omni ZEC−0.0025%8h1,460.9−0.087%$46.5M$34.0Mas long as short
ApeX Omni ZECUSDT−0.0024%1h1,463.5+0.087%$430K$820K50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L −0.0017% / S +0.0093%1h1,463.7+0.103%$541K100xas long as short
dYdX ZEC-USD0.0000%1h1,464.1+0.132%$412K$106K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXZECPERP0.0000%8h1,463.8+0.110%$885K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,462.9+0.046%$83K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,463.8+0.106%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0013%8h1,463.4+0.084%$292K$1.5M20xas long as short
Bulk ZEC-USD+0.0030%1h1,466+0.260%$905K$27K10xas long as short
Gate ZEC_USDT+0.0047%8h1,463.2+0.065%$50.0M$184.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0048%8h1,463.1+0.060%$176.0M$1.35B50xas long as short
01 Exchange ZECUSD+0.0056%1h1,462.4+0.015%$8K$8K5xas long as short
Phoenix ZEC+0.0075%1h1,461.4−0.058%$4.6M$1.6M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0081%1h1,464.4+0.149%$596K$1.3M25xas long as short
Lighter ZEC+0.0096%1h1,464.7+0.174%$19.0M$52.5M20xas long as short
Popdex ZECUSDT+0.0096%1h1,462.4+0.011%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0096%8h1,462.8+0.042%$14K$862K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,463+0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,463.7+0.099%$2.5M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.3+0.141%$759.0M$484.8M10xas long as short
Aster ZECUSDT+0.0100%8h1,463.1+0.064%$15.6M$33.2M75xas long as short
Pacifica ZEC+0.0100%1h1,463.7+0.100%$1.7M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,463.1+0.060%$674.2M$2.50B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.1+0.064%$222.9M$861.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,463.1+0.060%$103.7M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.2+0.069%$161.9M$306.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463+0.057%$103.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,461.4−0.057%$509K$9.5M20xas long as short
GRVT ZEC_USDT_Perplong+0.0100%8h1,462.2long leg$3.0M$481K10x
StandX ZEC-USD+0.0100%1h1,463.9+0.112%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,462−0.014%$343K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,462.1−0.007%$127K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,461.9−0.021%$447K$502K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,464.3+0.146%$3K$1.3M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,463.7+0.099%$222K$4.5M10x
HTX ZEC-USDT+0.0100%8h1,462.6+0.026%$2.5M$24.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,463.5+0.089%$3.8M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,463.5+0.088%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,463.6+0.095%$36K$367K20xas long as short
Backpack ZEC_USDC_PERP+0.0187%1h1,464+0.121%$2.3M$3.8M15xas long as short
RISEx ZEC/USDC+0.0190%1h1,463.1+0.064%$841K$1.6M10xas long as short
Lighter RH ZEC+0.0384%1h1,465.3+0.214%$2.0M$8.3M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0424%1h1,465.8+0.242%$3.7M$11.6M50xas long as short
Arcus ZEC-USD+0.0444%1h1,464.5+0.154%$738K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0545%1h1,464.5+0.158%$40K$34K10xas long as short