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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.054%
Price spread now: StandX against Hotstuff−0.045%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 · StandX: Active · farm boardneeds both histories
Funding pays, the price is against you. StandX is 0.045% cheaper against Hotstuff than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 20 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff ZEC-PERP1,458.3−0.0080get 0.0010% / 1h1m 13s$6K$1K10x
ShortStandX ZEC-USD1,457.70.0100get 0.0013% / 1h1m 13s$49K$4.7M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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: −0.045% → 0.000%
−$4.53
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
$20.27
Costs to cover
0.130%
Break-even
3.2 days
Slippage unknown: Hotstuff: no order-book sample; StandX: 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 StandX live order book, 3 min ago3.87 bp8.4 bp −$810.2 bp −$102doesn'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−0.3166%1h1,457.9−0.025%$34K$272K12xas long as short
Hotstuff ZEC-PERPlong−0.0080%1h1,458.3long leg$6K$1K10x
BloFin ZEC-USDT−0.0070%8h1,459.1+0.055%$29.5M$71.0M75xas long as short
dYdX ZEC-USD0.0000%1h1,458.2−0.007%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,458.6+0.021%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,458.5+0.012%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.8−0.037%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,458.5+0.010%$291K$952K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0071% / S −0.0023%1h1,457.5−0.053%$409K100xas long as short
01 Exchange ZECUSD+0.0088%1h1,459.1+0.053%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,458.5+0.011%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,458.8+0.030%$10K$858K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,458.5+0.012%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,458.6+0.019%$2.8M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,459.7+0.095%$759.3M$431.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,458.30.000%$14.8M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,458.4+0.007%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,459.1+0.052%$670.3M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,457.7−0.043%$261.7M$602.0M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,458.4+0.008%$178.2M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,457.6−0.049%$396K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,457.5−0.053%$880K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,457.9−0.026%$50.5M$175.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,458.5+0.011%$215.1M$777.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,458.3−0.001%$102.9M$54.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,458.6+0.023%$165.8M$270.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,457−0.092%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,457.3−0.067%$47.8M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,458.8+0.032%$568K$8.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,459.1+0.055%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,459.1+0.053%$405K$942K50xas long as short
StandX ZEC-USDshort+0.0100%1h1,457.7−0.045%$49K$4.7M30x
Polymarket Perps ZEC-USD+0.0100%1h1,458−0.021%$354K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,458.1−0.015%$161K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,457.2−0.078%$445K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,460.5+0.153%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,458.4+0.009%$233K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,458−0.021%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,459.2+0.062%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,458.2−0.004%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,458.2−0.007%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,458.7+0.025%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0188%1h1,458.5+0.016%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0248%1h1,459.9+0.110%$19.3M$46.0M20xas long as short
Kraken Futures PF_ZECUSD+0.0277%1h1,458.4+0.008%$18.0M$45.2M25xas long as short
Lighter RH ZEC+0.0312%1h1,459.8+0.104%$2.1M$7.0M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0319%1h1,459.2+0.060%$616K$1.3M25xas long as short
RISEx ZEC/USDC+0.0412%1h1,458.5+0.015%$923K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,459.9+0.110%$3.8M$9.1M50xas long as short
Arcus ZEC-USD+0.0626%1h1,459.6+0.089%$680K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,458.8+0.032%$45K$49K10xas long as short