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 −0.002%
Price spread now: Polymarket Perps against HTX−0.010%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.082%+$8 on $10k
Price spread, last 3 days (all we have)−1.339%−$134 · spread now −0.010%, 7d avg +0.015%
Together, before fees−1.257%−$126 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: Polymarket Perps is 0.025% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.015%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,452.10.0100pay 0.0100% / 8h2h 51m$2.4M$25.3M75x
ShortPolymarket Perps ZEC-USD1,4520.0100get 0.0013% / 1h51m 10s$298K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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: −0.010% → +0.015%
−$2.45
Slippage, 4 orders
−$12.63
Fee HTX: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$35.08
Costs to cover
0.326%
Break-even
never at this rate
Slippage from HTX: live order book, 3 min ago; Polymarket Perps: live order book, 3 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 ago2.68 bp9.7 bp −$1020.0 bp −$20040.3 bp −$4,035131.6 bp −$65.8K
Sell Polymarket Perps live order book, 3 min ago2.41 bp6.4 bp −$69.4 bp −$94doesn't fitdoesn't fit

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%1h1,437.6−1.001%$33K$275K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,451.6−0.036%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,452.6+0.029%$17.6M$44.6M25xas long as short
BloFin ZEC-USDT−0.0069%8h1,453.2+0.074%$28.9M$75.9M75xas long as short
Variational Omni ZEC−0.0034%8h1,451.4−0.052%$45.5M$32.3Mas long as short
Bybit ZECUSDT−0.0012%8h1,454.1+0.136%$269.7M$677.1M75xas long as short
dYdX ZEC-USD0.0000%1h1,451.4−0.052%$409K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,452.3+0.010%$848K$5.5M2.2xas long as short
Perpl ZEC0.0000%43m1,451.8−0.024%$82K$400K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,453.6+0.101%$566K$1.3M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.7+0.040%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0008%8h1,452.7+0.039%$291K$1.5M20xas long as short
OKX ZEC-USDT-SWAP+0.0038%8h1,454.7+0.175%$172.2M$1.37B50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0039% / S +0.0065%1h1,452.5+0.022%$543K100xas long as short
Aster ZECUSDT+0.0055%8h1,453+0.057%$15.2M$35.2M75xas long as short
Gate ZEC_USDT+0.0064%8h1,453.4+0.085%$49.2M$185.4M75xas long as short
01 Exchange ZECUSD+0.0080%1h1,452.4+0.019%$8K$8K5xas long as short
Ondo Perps ZEC-USD.P+0.0090%1h1,449.8−0.161%$394K$522K5xas long as short
Katana Perps ZEC-USD+0.0095%8h1,452.3+0.011%$17K$886K10xas long as short
Popdex ZECUSDT+0.0096%1h1,452.3+0.010%$177K$2.0M50xas long as short
MEXC ZEC_USDT+0.0099%8h1,453+0.061%$218.4M$880.5M150xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,451.6−0.034%$60K$37K10xas long as short
Nado ZEC-PERP+0.0100%1h1,451.9−0.015%$3.0M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,453.7+0.107%$751.5M$492.9M10xas long as short
Pacifica ZEC+0.0100%1h1,451.5−0.041%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,454.1+0.138%$659.6M$2.55B75xas long as short
Bulk ZEC-USD+0.0100%1h1,455+0.194%$896K$37K10xas long as short
KuCoin ZECUSDTM+0.0100%8h1,452.9+0.052%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453.3+0.081%$162.0M$317.0M75xas long as short
BingX ZEC-USDT+0.0100%8h1,453.6+0.101%$106.9Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,453.9+0.118%$2.3M$4.2M15xas long as short
edgeX ZECUSDC+0.0100%4h1,453.4+0.086%$487K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.9+0.054%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.1+0.132%$707K$606K50xas long as short
StandX ZEC-USD+0.0100%1h1,452−0.011%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,452−0.010%$298K$2.1M10x
Bullet ZEC-USD+0.0100%1h1,452.3+0.010%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,451.6−0.040%$441K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.7+0.242%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,452.6+0.034%$220K$4.7M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,452.1long leg$2.4M$25.3M75x
Phemex ZECUSDT+0.0100%8h1,452.9+0.052%$3.7M$5.5M50xas long as short
Phoenix ZEC+0.0103%1h1,452.3+0.008%$4.6M$1.6M10xas long as short
Lighter ZEC+0.0104%1h1,454.4+0.156%$18.8M$53.9M20xas long as short
Aevo ZEC-PERP+0.0104%1h1,452.7+0.041%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,452.6+0.030%$862K$2.5M10xas long as short
Extended ZEC-USD+0.0312%1h1,452.9+0.054%$3.3M$7.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,454.3+0.147%$3.7M$11.5M50xas long as short
Aftermath Perps ZECUSD+0.0464%1h1,453.2+0.073%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,454.1+0.134%$756K$7.8M10xas long as short
Lighter RH ZEC+0.0680%1h1,454.8+0.185%$1.9M$8.4M10xas long as short