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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Bulk against HTX−0.150%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$260.265% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.038%+$4 on $10k
Price spread, last 3 days (all we have)−0.356%−$36 · spread now −0.150%, 7d avg +0.005%
Together, before fees−0.318%−$32 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: Bulk is 0.155% cheaper against HTX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,457.20.0100pay 0.0100% / 8h2h 15m$2.4M$25.0M75x
ShortBulk ZEC-USD1,4550.0100get 0.0013% / 1h15m 47s$896K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk against HTX. 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: −0.150% → +0.005%
−$15.5
Slippage, 4 orders
−$7.49
Fee HTX: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$42
Costs to cover
0.265%
Break-even
86292522294097360.0 days
Slippage from HTX: live order book, 3 min ago; Bulk: live order book, 8 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 HTX live order book, 3 min ago2.99 bp9.3 bp −$913.9 bp −$13937.3 bp −$3,728doesn't fit
Sell Bulk live order book, 8 min ago0.31 bp3.8 bp −$44.2 bp −$425.6 bp −$5659.2 bp −$4,596

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%1h1,433.1−1.649%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0086%8h1,455.9−0.090%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,457.5+0.023%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.7−0.036%$17.7M$44.6M25xas long as short
Bybit ZECUSDT−0.0004%8h1,456−0.078%$268.8M$677.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,457.2+0.001%$410K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,457.1−0.003%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.8−0.029%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.024%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.6+0.030%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0008%8h1,455.6−0.109%$45.8M$33.2Mas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,456.9−0.022%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0020% / S +0.0072%1h1,457.2+0.003%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,458+0.060%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,457−0.012%$173.9M$1.36B50xas long as short
Gate ZEC_USDT+0.0073%8h1,457−0.012%$49.3M$190.7M75xas long as short
Ondo Perps ZEC-USD.P+0.0079%1h1,452.8−0.300%$395K$519K5xas long as short
Aster ZECUSDT+0.0094%8h1,456.8−0.023%$15.3M$34.3M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,457.5+0.021%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,458.6+0.098%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,457.6+0.030%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,457.5+0.024%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.7+0.034%$2.5M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,457.8+0.046%$753.9M$495.1M10xas long as short
Pacifica ZEC+0.0100%1h1,457.7+0.033%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,457.2+0.003%$664.7M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.9−0.016%$217.3M$898.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,457.1−0.004%$103.1M$57.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,457−0.012%$161.3M$312.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,456−0.084%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.4+0.019%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.9−0.018%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.7−0.031%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457−0.012%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,456.3−0.059%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,457.2+0.002%$344K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.9−0.016%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.7−0.104%$443K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,459.1+0.130%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.8−0.025%$221K$4.7M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,457.2long leg$2.4M$25.0M75x
Phemex ZECUSDT+0.0100%8h1,457−0.012%$3.8M$5.4M50xas long as short
Bulk ZEC-USDshort+0.0100%1h1,455−0.150%$896K$26K10x
Phoenix ZEC+0.0103%1h1,457.5+0.022%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,457.6+0.026%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.1−0.006%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,458+0.058%$863K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.3+0.146%$3.8M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0460%1h1,457−0.011%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,458.9+0.118%$750K$8.0M10xas long as short
Lighter RH ZEC+0.0616%1h1,459.2+0.141%$1.9M$8.5M10xas long as short