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 −0.076%
Price spread now: Bitget against Hyperliquid−0.104%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.451%−$45 on $10k
Price spread, last 7 days+0.070%+$7 · spread now −0.104%, 7d avg −0.032%
Together, before fees−0.381%+ Points / potential airdropHyperliquid: Season 2 · farm board−$38 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: Bitget is 0.072% cheaper against Hyperliquid than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid ZEC1,457.20.0100pay 0.0013% / 1h18m 39s$753.0M$494.5M10x
ShortBitget ZECUSDT1,455.70.0100get 0.0100% / 8h2h 18m$161.2M$313.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.104% → −0.032%
−$7.2
Slippage, 4 orders
−$5.14
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$33.34
Costs to cover
0.261%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 5 min ago; Bitget: live order book, 6 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, 5 min ago0.34 bp4.8 bp −$56.2 bp −$6212.4 bp −$1,243doesn't fit
Sell Bitget live order book, 6 min ago0.55 bp8.0 bp −$811.7 bp −$11718.1 bp −$1,811doesn'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%1h1,433.1−1.651%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0085%8h1,456.6−0.040%$28.7M$75.4M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,458.1+0.060%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0071%1h1,456.6−0.044%$17.7M$44.7M25xas long as short
dYdX ZEC-USD0.0000%1h1,457.2+0.003%$410K$106K5xas long as short
Bybit ZECUSDT0.0000%8h1,455.1−0.141%$267.5M$677.1M75xas long as short
Kalshi KXZECPERP0.0000%8h1,457.9+0.048%$933K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,456.3−0.062%$83K$401K10xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,457.5+0.024%$593K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,457.2+0.002%$5.2M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0008%8h1,455.6−0.111%$45.8M$33.2Mas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,457−0.012%$292K$1.5M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0021% / S +0.0071%1h1,457−0.014%$557K100xas long as short
01 Exchange ZECUSD+0.0048%1h1,457.4+0.013%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0058%8h1,455.7−0.102%$173.4M$1.36B50xas long as short
Gate ZEC_USDT+0.0072%8h1,455.9−0.086%$49.4M$190.5M75xas long as short
Ondo Perps ZEC-USD.P+0.0082%1h1,454.6−0.178%$395K$521K5xas long as short
Aster ZECUSDT+0.0095%8h1,456.6−0.043%$15.3M$34.4M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,456.1−0.074%$13K$872K10xas long as short
Lighter ZEC+0.0096%1h1,457.8+0.039%$18.8M$54.7M20xas long as short
Popdex ZECUSDT+0.0096%1h1,456.8−0.027%$173K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,456.4−0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,457.9+0.051%$2.5M$7.1M10xas long as short
Hyperliquid ZEClong+0.0100%1h1,457.2long leg$753.0M$494.5M10x
Pacifica ZEC+0.0100%1h1,456.3−0.060%$1.6M$3.0M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.1−0.075%$664.2M$2.53B75xas long as short
MEXC ZEC_USDT+0.0100%8h1,456.2−0.071%$216.5M$897.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,456.4−0.056%$103.0M$57.1M75xas long as short
Bitget ZECUSDTshort+0.0100%8h1,455.7−0.104%$161.2M$313.2M75x
BingX ZEC-USDC+0.0100%8h1,456.5−0.047%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,457.4+0.012%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,456.3−0.059%$489K$9.6M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,455.5−0.115%$3.0M$510K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457−0.014%$428K$814K50xas long as short
StandX ZEC-USD+0.0100%1h1,457.5+0.018%$109K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,456.4−0.055%$345K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,456.5−0.051%$127K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,455.9−0.091%$443K$498K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,458.6+0.093%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,456.9−0.022%$221K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,457.2+0.001%$2.4M$25.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,456.8−0.028%$3.8M$5.4M50xas long as short
Bulk ZEC-USD+0.0100%1h1,455−0.152%$896K$26K10xas long as short
Phoenix ZEC+0.0103%1h1,455.5−0.115%$4.6M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,456.5−0.048%$3.3M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,457.2+0.002%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,456.3−0.065%$862K$1.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,459.8+0.178%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0450%1h1,456.6−0.043%$40K$34K10xas long as short
Arcus ZEC-USD+0.0518%1h1,457.8+0.041%$747K$8.0M10xas long as short
Lighter RH ZEC+0.0640%1h1,458.4+0.082%$1.9M$8.5M10xas long as short