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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: Pacifica against Hotstuff+0.165%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 · Pacifica: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Pacifica is 0.165% dearer against Hotstuff than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,472.6−0.0080get 0.0010% / 1h32m 26s$6K$1K10x
ShortPacifica ZEC1,4750.0100get 0.0013% / 1h32m 26s$1.7M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.165% → 0.000%
$16.45
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
$41.25
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Pacifica: live order book, 2 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 Pacifica live order book, 2 min ago0.54 bp7.0 bp −$7doesn't fitdoesn'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 50 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−0.3678%1h1,471.7−0.058%$34K$274K12xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,472.6long leg$6K$1K10x
Ondo Perps ZEC-USD.P−0.0018%1h1,471.7−0.060%$399K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,476.6+0.274%$18.1M$43.6M25xas long as short
dYdX ZEC-USD0.0000%1h1,473.7+0.072%$415K$56K5xas long as short
Kalshi KXZECPERP0.0000%8h1,471.6−0.067%$974K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,474.4+0.122%$84K$258K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.5+0.265%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0027%8h1,476.5+0.266%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0033%8h1,470.4−0.147%$47.9M$33.3Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,476.4+0.261%$386K100xas long as short
01 Exchange ZECUSD+0.0056%1h1,475.4+0.189%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,471.2−0.094%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0093%8h1,476.6+0.273%$181.7M$1.28B50xas long as short
Popdex ZECUSDT+0.0096%1h1,475.6+0.202%$174K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,474.8+0.150%$16K$839K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.7+0.141%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,476+0.234%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477.7+0.347%$769.1M$444.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.9+0.156%$14.9M$31.0M75xas long as short
Pacifica ZECshort+0.0100%1h1,475+0.165%$1.7M$2.7M10x
Binance ZECUSDT+0.0100%8h1,476.9+0.293%$682.2M$2.34B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.5+0.264%$272.5M$625.7M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.143%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.7+0.277%$50.1M$175.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,477+0.297%$217.9M$797.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.7+0.276%$103.9M$56.2M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476.9+0.291%$164.0M$285.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,476.4+0.255%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,471.3−0.091%$572K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,472.9+0.022%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,471.9−0.049%$428K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,472.5−0.007%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,476.5+0.266%$339K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,476.6+0.273%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475+0.165%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.308%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,476.5+0.266%$243K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,472.4−0.012%$2.5M$19.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,472.6+0.001%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.3+0.252%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,476.8+0.283%$48K$167K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.7+0.211%$689K$8.7M10xas long as short
Lighter ZEC+0.0264%1h1,476.2+0.248%$19.2M$48.1M20xas long as short
Lighter RH ZEC+0.0296%1h1,475.2+0.180%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0344%1h1,477.4+0.329%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,475.6+0.202%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,478.3+0.386%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0508%1h1,472.8+0.013%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,472.5−0.007%$44K$46K10xas long as short