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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0237%/8h= +26.0% APRnext payment +$0.30 per $10,000 · paid last 24h +0.070%
Price spread now: RISEx against Hotstuff−0.030%7-day average · you buy dearer than you sell
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 4 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 · farm boardneeds both histories
Funding pays, the price is against you. RISEx is 0.030% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,503.8−0.0080get 0.0010% / 1h11m 12s$6K$1K10x
ShortRISEx ZEC/USDC1,503.40.0157get 0.0020% / 1h11m 12s$980K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$49.8
Price spread: −0.030% → 0.000%
−$2.99
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee RISEx: 3 bp × 2 orders
−$6
Net
$35.81
Costs to cover
0.110%
Break-even
2.0 days
Slippage unknown: Hotstuff: no order-book sample; RISEx: 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 RISEx live order book, 2 min ago1.79 bp4.8 bp −$59.5 bp −$95doesn'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−0.3702%1h1,491.4−0.831%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,501.4−0.165%$62K$308K10xas long as short
Aftermath Perps ZECUSD−0.0256%1h1,505.4+0.106%$48K$58K10xas long as short
BloFin ZEC-USDT−0.0168%8h1,503−0.055%$31.5M$75.7M75xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,503.8long leg$6K$1K10x
Kalshi KXZECPERP0.0000%8h1,503.8−0.003%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503−0.054%$5.4M150xas long as short
dYdX ZEC-USD+0.0010%1h1,504.3+0.029%$415K$34K5xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,503.3−0.033%$18.3M$47.5M25xas long as short
01 Exchange ZECUSD+0.0024%1h1,504.2+0.024%$8K$6K5xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0082%1h1,505.8+0.131%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0083%8h1,503−0.055%$303K$859K20xas long as short
Gate ZEC_USDT+0.0091%8h1,503.2−0.041%$60.7M$188.5M75xas long as short
ApeX Omni ZECUSDT+0.0096%1h1,504.7+0.056%$413K$953K50xas long as short
Lighter ZEC+0.0096%1h1,504.2+0.027%$19.6M$45.7M20xas long as short
Lighter RH ZEC+0.0096%1h1,504.2+0.025%$2.1M$7.6M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.9+0.005%$176K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,502.6−0.080%$62K$16K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,503.7−0.010%$14K$878K10xas long as short
Nado ZEC-PERP+0.0100%1h1,503.1−0.048%$3.1M$7.5M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.5+0.044%$789.8M$448.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,502.4−0.093%$14.0M$29.6M75xas long as short
Pacifica ZEC+0.0100%1h1,503.8−0.006%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,503−0.056%$710.3M$2.28B75xas long as short
Bybit ZECUSDT+0.0100%8h1,502.6−0.081%$272.9M$609.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,502.8−0.068%$186.0M$1.35B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,501−0.189%$409K$535K5xas long as short
Arcus ZEC-USD+0.0100%1h1,504.3+0.029%$595K$8.8M10xas long as short
Bulk ZEC-USD+0.0100%1h1,508.1+0.283%$776K$147K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.7−0.013%$405.0M$843.9M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,503.7−0.007%$102.8M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.2−0.043%$163.0M$290.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,501.7−0.142%$6.6Mas long as short
Variational Omni ZEC+0.0100%8h1,506.2+0.157%$49.8M$35.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,508.6+0.319%$551K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,508.2+0.292%$3.1M$549K10xas long as short
StandX ZEC-USD+0.0100%1h1,504.3+0.031%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.4−0.029%$373K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.1−0.053%$168K$190K20xas long as short
SunX ZEC-USDT+0.0100%8h1,505.5+0.108%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,502.9−0.064%$257K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.4−0.031%$2.7M$20.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.5−0.023%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.3−0.033%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,502.5−0.090%$43K$157K20xas long as short
Backpack ZEC_USDC_PERP+0.0126%1h1,503.5−0.021%$2.4M$3.7M15xas long as short
RISEx ZEC/USDCshort+0.0157%1h1,503.4−0.030%$980K$1.1M10x
GMX ZEC/USD [WBTC.b-USDC]L +0.0165% / S −0.0163%1h1,503.4−0.028%$342K100xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0283%1h1,504.2+0.021%$688K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,505.2+0.087%$3.8M$9.9M50xas long as short