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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:36 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.046%
Price spread now: Perpl against HTX+0.077%49s7-day average −0.036% · 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 7 days+0.190%+$19 on $10k
Price spread, last 3 days (all we have)−1.397%−$140 · spread now +0.077%, 7d avg −0.036%
Together, before fees−1.207%+ Points / potential airdropPerpl: Active · farm board−$121 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Perpl is 0.112% dearer against HTX than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.036%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.190%, so the current rate has only just turned against you. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,450.50.0100pay 0.0100% / 8h2h 57m$2.4M$25.4M75x
ShortPerpl ZEC1,451.60get 0.0000% / 43m1m 25s$82K$400K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: +0.077% → −0.036%
$11.22
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$35.58
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 2 min ago; Perpl: no order-book sample. 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 HTX live order book, 2 min ago1.48 bp7.5 bp −$715.7 bp −$15740.4 bp −$4,037112.4 bp −$56.2K
Sell Perpl no order-book sample
Perpl: 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−0.3476%1h1,454.5+0.274%$34K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,450.7+0.015%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,450.9+0.029%$17.6M$44.7M25xas long as short
BloFin ZEC-USDT−0.0058%8h1,452.6+0.145%$29.2M$76.3M75xas long as short
Variational Omni ZEC−0.0041%8h1,455.2+0.326%$46.3M$31.5Mas long as short
Bybit ZECUSDT−0.0020%8h1,449.1−0.099%$268.2M$679.8M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.6+0.077%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,451.8+0.088%$848K$5.5M2.2xas long as short
Perpl ZECshort0.0000%43m1,451.6+0.077%$82K$400K10x
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,450.1−0.030%$567K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_ZEC_USDC+0.0005%8h1,449.6−0.063%$291K$1.5M20xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,449.6−0.061%$5.1M150xas long as short
OKX ZEC-USDT-SWAP+0.0033%8h1,449.3−0.083%$172.6M$1.37B50xas long as short
01 Exchange ZECUSD+0.0040%1h1,452.3+0.123%$8K$8K5xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0042% / S +0.0061%1h1,449.5−0.071%$535K100xas long as short
Phoenix ZEC+0.0045%1h1,455.2+0.320%$4.6M$1.5M10xas long as short
Aster ZECUSDT+0.0046%8h1,451.2+0.047%$15.0M$35.3M75xas long as short
Ondo Perps ZEC-USD.P+0.0049%1h1,449.9−0.043%$395K$522K5xas long as short
Gate ZEC_USDT+0.0054%8h1,449.3−0.084%$48.8M$184.0M75xas long as short
MEXC ZEC_USDT+0.0092%8h1,449.6−0.063%$212.4M$876.5M150xas long as short
Binance ZECUSDT+0.0093%8h1,449.4−0.078%$659.6M$2.55B75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,451.4+0.059%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,451.2+0.048%$177K$2.0M50xas long as short
Polymarket Perps ZEC-USD+0.0097%1h1,450.9+0.026%$298K$2.1M10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.3+0.056%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.5+0.069%$3.0M$7.0M10xas long as short
Hyperliquid ZEC+0.0100%1h1,451.7+0.081%$751.9M$508.4M10xas long as short
Pacifica ZEC+0.0100%1h1,451.7+0.081%$1.6M$3.1M10xas long as short
Bulk ZEC-USD+0.0100%1h1,454.9+0.301%$896K$37K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,449.8−0.052%$102.8M$57.1M75xas long as short
Bitget ZECUSDT+0.0100%8h1,449.6−0.064%$162.7M$317.5M75xas long as short
BingX ZEC-USDT+0.0100%8h1,449.6−0.061%$108.5Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,452.3+0.125%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.3+0.189%$487K$9.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.4+0.126%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,452.6+0.143%$711K$604K50xas long as short
StandX ZEC-USD+0.0100%1h1,451.5+0.065%$109K$4.8M30xas long as short
Bullet ZEC-USD+0.0100%1h1,448.8−0.116%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,448.3−0.154%$440K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,452.6+0.143%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,451.3+0.052%$219K$4.7M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,450.5long leg$2.4M$25.4M75x
Phemex ZECUSDT+0.0100%8h1,451.8+0.086%$3.7M$5.5M50xas long as short
Aevo ZEC-PERP+0.0104%1h1,449.7−0.055%$36K$362K20xas long as short
Lighter ZEC+0.0128%1h1,452.5+0.139%$18.8M$53.5M20xas long as short
RISEx ZEC/USDC+0.0219%1h1,452.4+0.126%$862K$2.5M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,453.2+0.184%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0463%1h1,454.2+0.253%$39K$32K10xas long as short
Extended ZEC-USD+0.0480%1h1,451.4+0.058%$3.3M$7.0M10xas long as short
Arcus ZEC-USD+0.0518%1h1,453.9+0.231%$756K$7.8M10xas long as short
Lighter RH ZEC+0.0608%1h1,453.8+0.228%$2.0M$8.3M10xas long as short