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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.034%
Price spread now: GRVT against Hotstuff+0.018%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropHotstuff: Active · GRVT: Active · farm boardneeds 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: +$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,452−0.0080get 0.0010% / 1h55m 33s$6K$2K10x
ShortGRVT ZEC_USDT_Perp1,452.20.0100get 0.0100% / 8h2h 55m$3.0M$501K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Hotstuff. 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
$37.8
Price spread: +0.018% → 0.000%
$1.78
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$25.58
Costs to cover
0.140%
Break-even
2.3 days
Slippage unknown: Hotstuff: no order-book sample; GRVT: live order book, 3 min ago. 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 Hotstuff no order-book sample
Sell GRVT live order book, 3 min ago1.65 bp6.2 bp −$69.2 bp −$92doesn't fitdoesn't fit
Hotstuff: 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−0.3476%1h1,454.5+0.173%$34K$275K12xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,452long leg$6K$2K10x
Kraken Futures PF_ZECUSD−0.0071%1h1,452−0.001%$17.6M$44.9M25xas long as short
BloFin ZEC-USDT−0.0059%8h1,450.1−0.128%$29.1M$76.1M75xas long as short
Variational Omni ZEC−0.0034%8h1,451.4−0.041%$45.5M$32.3Mas long as short
Bybit ZECUSDT−0.0016%8h1,454.6+0.176%$269.0M$677.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.4+0.097%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,453.5+0.103%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,452.1+0.004%$82K$400K10xas long as short
Orderly PERP_ZEC_USDC+0.0006%8h1,452.2+0.013%$291K$1.5M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.5+0.036%$5.1M150xas long as short
OKX ZEC-USDT-SWAP+0.0034%8h1,454.7+0.187%$172.8M$1.37B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,454+0.136%$8K$8K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0041% / S +0.0061%1h1,452.4+0.027%$535K100xas long as short
Phoenix ZEC+0.0045%1h1,455.2+0.218%$4.6M$1.5M10xas long as short
Aster ZECUSDT+0.0050%8h1,453.7+0.118%$15.1M$35.3M75xas long as short
Gate ZEC_USDT+0.0066%8h1,453.2+0.080%$49.2M$184.9M75xas long as short
MEXC ZEC_USDT+0.0094%8h1,453.2+0.083%$215.1M$877.6M150xas long as short
Katana Perps ZEC-USD+0.0095%8h1,454.2+0.155%$17K$886K10xas long as short
Binance ZECUSDT+0.0096%8h1,454.6+0.182%$662.0M$2.55B75xas long as short
Popdex ZECUSDT+0.0096%1h1,454.1+0.147%$178K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453+0.069%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,455+0.210%$3.0M$6.9M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.9+0.132%$753.2M$509.1M10xas long as short
Pacifica ZEC+0.0100%1h1,453.6+0.109%$1.6M$3.1M10xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,449.9−0.144%$393K$522K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454.9+0.200%$896K$37K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.2+0.084%$103.7M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.1+0.074%$162.4M$316.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,452.4+0.030%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.7+0.050%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,450.9−0.077%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,452.2+0.018%$3.0M$501K10x
ApeX Omni ZECUSDT+0.0100%1h1,450.5−0.102%$705K$604K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.1−0.059%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.1+0.008%$298K$2.1M10xas long as short
Bullet ZEC-USD+0.0100%1h1,452.2+0.011%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451−0.065%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.7+0.253%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.3+0.023%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,452.8+0.055%$2.4M$25.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,451.9−0.006%$3.7M$5.5M50xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.5+0.037%$36K$362K20xas long as short
Lighter ZEC+0.0144%1h1,454.6+0.179%$18.8M$53.6M20xas long as short
RISEx ZEC/USDC+0.0219%1h1,454.1+0.144%$863K$2.5M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0287%1h1,453.4+0.094%$568K$1.3M25xas long as short
Extended ZEC-USD+0.0432%1h1,453.4+0.095%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.1+0.144%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0462%1h1,453.8+0.124%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,455.4+0.234%$754K$7.8M10xas long as short
Lighter RH ZEC+0.0624%1h1,455.4+0.236%$2.0M$8.4M10xas long as short