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+0.0312%/8h= +34.2% APRpaid last 24h +0.011%
Price spread now: RISEx against HTX+0.086%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.274%+$27 on $10k
Price spread, last 4 days (all we have)−0.544%−$54 · spread now +0.086%, 7d avg +0.060%
Together, before fees−0.270%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and RISEx is 0.026% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX ZEC-USDT1,446.90.0100pay 0.0100% / 8h4h 47m$2.6M$18.2M75x
ShortRISEx ZEC/USDC1,448.10.0412get 0.0052% / 1h47m 11s$931K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$65.62
Price spread: +0.086% → +0.060%
$2.64
Slippage, 4 orders
−$13.3
Fee HTX: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
$36.96
Costs to cover
0.313%
Break-even
3.1 days
Slippage from HTX: live order book, 2 min ago; RISEx: live order book, 1 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, 2 min ago4.18 bp10.2 bp −$1014.8 bp −$14840.8 bp −$4,081100.6 bp −$50.3K
Sell RISEx live order book, 1 min ago1.66 bp4.7 bp −$58.1 bp −$81doesn'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−0.3166%1h1,448+0.075%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,447.6+0.050%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0072%8h1,447.3+0.032%$29.2M$70.4M75xas long as short
dYdX ZEC-USD0.0000%1h1,447+0.006%$407K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,447.7+0.057%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,448.2+0.089%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,447.7+0.057%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,447.2+0.022%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0015%1h1,448.2+0.091%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,448.1+0.087%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,447.9+0.070%$173K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.3+0.028%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,447.4+0.039%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.7+0.060%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,448.8+0.133%$753.5M$434.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,447.3+0.029%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,447.5+0.040%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,447.4+0.034%$663.8M$2.22B75xas long as short
Bybit ZECUSDT+0.0100%8h1,447.1+0.012%$261.0M$602.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,447.8+0.064%$176.8M$1.22B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,445.7−0.082%$394K$442K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.177%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,447.8+0.066%$50.0M$172.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,447.5+0.045%$214.9M$768.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,447.5+0.039%$101.9M$54.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,447.8+0.062%$164.3M$273.9M75xas long as short
BingX ZEC-USDT+0.0100%8h1,447.5+0.039%$100.6Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,448.2+0.091%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2+0.019%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,446.4−0.030%$563K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,447.7+0.057%$3.0M$437K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,446.8−0.009%$402K$920K50xas long as short
StandX ZEC-USD+0.0100%1h1,448.1+0.081%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,447.7+0.057%$364K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,448.2+0.094%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.4−0.035%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.4+0.241%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,447.3+0.028%$232K$3.4M10xas long as short
HTX ZEC-USDTlong+0.0100%8h1,446.9long leg$2.6M$18.2M75x
Phemex ZECUSDT+0.0100%8h1,447+0.010%$3.8M$5.1M50xas long as short
Extended ZEC-USD+0.0104%1h1,447+0.008%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,447.1+0.016%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,448.9+0.140%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0269%1h1,447.9+0.073%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447.2+0.021%$17.9M$44.9M25xas long as short
Lighter ZEC+0.0344%1h1,448.7+0.125%$19.0M$45.9M20xas long as short
RISEx ZEC/USDCshort+0.0412%1h1,448.1+0.086%$931K$1.1M10x
Lighter RH ZEC+0.0424%1h1,449.1+0.156%$2.0M$6.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,450+0.216%$3.8M$9.0M50xas long as short
Arcus ZEC-USD+0.0626%1h1,449.7+0.193%$737K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,449.2+0.162%$44K$49K10xas long as short