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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.045%
Price spread now: Aster against Hyperliquid+0.016%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$200.204% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.355%−$35 on $10k
Price spread, last 7 days−0.092%−$9 · spread now +0.016%, 7d avg −0.050%
Together, before fees−0.447%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$45 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: Aster is 0.065% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,479.40.0100pay 0.0013% / 1h51m 58s$770.0M$449.2M10x
ShortAster ZECUSDT1,479.60.0100get 0.0100% / 8h6h 51m$15.0M$31.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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: +0.016% → −0.050%
$6.54
Slippage, 4 orders
−$3.38
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$13.85
Costs to cover
0.204%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; Aster: live order book, 2 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 Hyperliquid live order book, 12 min ago0.34 bp4.8 bp −$56.7 bp −$67doesn't fitdoesn't fit
Sell Aster live order book, 2 min ago0.99 bp5.0 bp −$58.0 bp −$8017.8 bp −$1,78578.0 bp −$39.0K

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−0.3678%1h1,469.9−0.643%$34K$274K12xas long as short
Ondo Perps ZEC-USD.P−0.0111%1h1,468.3−0.750%$399K$516K5xas long as short
BloFin ZEC-USDT−0.0111%8h1,474−0.366%$29.8M$72.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,476.9−0.170%$6K$1K10xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,479.1−0.019%$18.2M$43.4M25xas long as short
dYdX ZEC-USD0.0000%1h1,475.5−0.266%$415K$103K5xas long as short
Kalshi KXZECPERP0.0000%8h1,480.1+0.046%$965K$5.1M2.2xas long as short
Perpl ZEC0.0000%43m1,478.1−0.085%$84K$405K10xas long as short
Variational Omni ZEC+0.0002%8h1,467.3−0.819%$47.8M$33.5Mas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,478.8−0.041%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange ZECUSD+0.0024%1h1,477.2−0.147%$8K$9K5xas long as short
Orderly PERP_ZEC_USDC+0.0025%8h1,479−0.028%$295K$1.1M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,479.6+0.010%$384K100xas long as short
Phoenix ZEC+0.0070%1h1,469.6−0.662%$4.6M$1.5M10xas long as short
OKX ZEC-USDT-SWAP+0.0076%8h1,477.9−0.103%$181.3M$1.29B50xas long as short
Popdex ZECUSDT+0.0096%1h1,478.1−0.089%$173K$1.8M50xas long as short
Gate ZEC_USDT+0.0098%8h1,479−0.028%$50.3M$173.6M75xas long as short
Katana Perps ZEC-USD+0.0100%8h1,477.5−0.126%$14K$847K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,476.6−0.192%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,478.8−0.044%$2.6M$6.5M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,479.4long leg$770.0M$449.2M10x
Aster ZECUSDTshort+0.0100%8h1,479.6+0.016%$15.0M$31.0M75x
Pacifica ZEC+0.0100%1h1,476.5−0.195%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,479.3−0.008%$686.2M$2.35B75xas long as short
Bybit ZECUSDT+0.0100%8h1,478.4−0.071%$273.4M$626.7M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.7−0.591%$895K$17K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,478.5−0.064%$219.0M$791.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,478.5−0.064%$104.1M$55.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,478.3−0.077%$164.3M$287.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,479.9+0.030%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.4−0.608%$572K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,470.3−0.617%$3.0M$450K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5−0.670%$427K$883K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.1−0.358%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,479.7+0.020%$343K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,479.8+0.024%$129K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,477.4−0.136%$460K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,481.8+0.163%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,479.1−0.023%$244K$3.8M10xas long as short
HTX ZEC-USDT+0.0100%8h1,478.4−0.070%$2.5M$19.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,478.7−0.045%$3.8M$5.2M50xas long as short
Extended ZEC-USD+0.0104%1h1,478.1−0.090%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,478.6−0.053%$51K$164K20xas long as short
Arcus ZEC-USD+0.0254%1h1,477.6−0.122%$683K$8.6M10xas long as short
Lighter RH ZEC+0.0288%1h1,480.5+0.071%$2.1M$7.0M10xas long as short
Lighter ZEC+0.0320%1h1,480.2+0.057%$19.3M$47.9M20xas long as short
RISEx ZEC/USDC+0.0374%1h1,477.8−0.107%$858K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,482+0.172%$3.7M$9.7M50xas long as short
Backpack ZEC_USDC_PERP+0.0576%1h1,479.7+0.022%$2.5M$3.9M15xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0667%1h1,480.4+0.068%$609K$1.3M25xas long as short
Aftermath Perps ZECUSD+0.0744%1h1,472.3−0.479%$44K$46K10xas long as short