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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0044%/8h= +4.9% APRpaid last 24h −0.029%
Price spread now: dYdX against HTX+0.020%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1041.043% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.339%+$34 on $10k
Price spread, last 4 days (all we have)−0.534%−$53 · spread now +0.020%, 7d avg +0.021%
Together, before fees−0.195%−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,503.80.0100pay 0.0100% / 8h5h 58m$2.7M$20.5M75x
ShortdYdX ZEC-USD1,504.10.0144get 0.0018% / 1h58m 14s$414K$37K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$9.32
Price spread: +0.020% → +0.021%
−$0.1
Slippage, 4 orders
−$82.34
Fee HTX: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$95.12
Costs to cover
1.043%
Break-even
78.5 days
Slippage from HTX: live order book, 4 min ago; dYdX: live order book, 54 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, 4 min ago2.53 bp9.0 bp −$914.0 bp −$14032.7 bp −$3,268doesn't fit
Sell dYdX live order book, 54 min ago37.84 bp42.8 bp −$4398.7 bp −$987183.4 bp −$18.3K727.7 bp −$363.9K

ZEC on 50 exchanges

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−0.4130%1h1,480−1.583%$36K$267K12xas long as short
Ondo Perps ZEC-USD.P−0.0211%1h1,504.1+0.021%$408K$499K5xas long as short
BloFin ZEC-USDT−0.0190%8h1,505+0.077%$31.9M$73.6M75xas long as short
Aftermath Perps ZECUSD−0.0098%1h1,504+0.014%$46K$58K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,503.6−0.013%$6K$1K10xas long as short
Kalshi KXZECPERP0.0000%8h1,505.3+0.100%$1.5M$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,503.5−0.019%$63K$300K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,504.7+0.060%$5.4M150xas long as short
01 Exchange ZECUSD+0.0024%1h1,504.3+0.031%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0032%1h1,504.1+0.020%$909K$1.3M10xas long as short
Show all 50 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0072%8h1,503.2−0.042%$303K$856K20xas long as short
Lighter ZEC+0.0096%1h1,506.6+0.188%$19.9M$38.9M20xas long as short
Lighter RH ZEC+0.0096%1h1,506.9+0.209%$2.0M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.9+0.007%$170K$1.5M50xas long as short
Kraken Futures PF_ZECUSD+0.0099%1h1,504.8+0.067%$18.5M$46.2M25xas long as short
Aster ZECUSDT+0.0099%8h1,503.3−0.035%$14.1M$26.9M75xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,504.1+0.018%$62K$14K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,503.3−0.035%$25K$880K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504.6+0.056%$3.1M$7.1M10xas long as short
Hyperliquid ZEC+0.0100%1h1,504.3+0.034%$789.1M$431.6M10xas long as short
Pacifica ZEC+0.0100%1h1,505.6+0.121%$1.7M$1.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,503.6−0.011%$707.6M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.4−0.026%$276.0M$589.7M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,503.5−0.020%$185.6M$1.31B50xas long as short
Arcus ZEC-USD+0.0100%1h1,505+0.081%$592K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,504.2+0.024%$780K$158K10xas long as short
Gate ZEC_USDT+0.0100%8h1,503.9+0.007%$62.8M$170.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.9+0.005%$177.6M$821.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.2+0.027%$105.4M$53.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,503.6−0.012%$164.1M$280.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,504+0.014%$122.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,505.4+0.106%$2.2M$3.7M15xas long as short
Variational Omni ZEC+0.0100%8h1,503.5−0.021%$49.4M$34.2Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.8−0.001%$549K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,503.7−0.008%$3.1M$586K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,504.4+0.039%$411K$948K50xas long as short
StandX ZEC-USD+0.0100%1h1,505.1+0.088%$112K$4.5M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.7−0.006%$371K$1.6M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7−0.007%$167K$188K20xas long as short
SunX ZEC-USDT+0.0100%8h1,505.8+0.132%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.6−0.010%$257K$3.6M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,503.8long leg$2.7M$20.5M75x
Phemex ZECUSDT+0.0100%8h1,504.9+0.073%$4.0M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,503.6−0.011%$2.7M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.8−0.002%$37K$163K20xas long as short
Phoenix ZEC+0.0139%1h1,503.9+0.004%$4.8M$1.3M10xas long as short
dYdX ZEC-USDshort+0.0144%1h1,504.1+0.020%$414K$37K5x
Deribit ZEC_USDC-PERPETUAL+0.0160%1h1,504.3+0.035%$685K$1.3M25xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0184% / S −0.0195%1h1,504.4+0.039%$350K100xas long as short
Coinbase International ZEC-PERP-INTX+0.0352%1h1,505.8+0.136%$3.9M$9.5M50xas long as short