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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.3307%/8h= +362.2% APRnext payment +$4.13 per $10,000 · paid last 24h +0.679%
Price spread now: 01 Exchange against Injective+1.497%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$99 a day on $10k at the current rate, and 01 Exchange is 1.497% dearer against Injective than usual: you sell high and buy low: +$150 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ZEC/USDC PERP1,457.4−0.3243get 0.0405% / 1h23m 49s$34K$272K12x
Short01 Exchange ZECUSD1,479.20.0064get 0.0008% / 1h23m 49s$8K$7K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange against Injective. 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
$694.54
Price spread: +1.497% → 0.000%
$149.72
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$837.24
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Injective: live order book, 25 min ago; 01 Exchange: 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 Injective live order book, 25 min ago60.15 bp489443.9 bp −$489.4K4951866.0 bp −$49.52M49286508.0 bp −$4928.65M245605760.0 bp −$122802.88M
Sell 01 Exchange no order-book sample
01 Exchange: 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 PERPlong−0.3243%1h1,457.4long leg$34K$272K12x
BloFin ZEC-USDT−0.0099%8h1,477.9+1.408%$29.8M$71.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,479+1.479%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,478.6+1.452%$411K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,478.4+1.436%$1.6M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,479.1+1.486%$85K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,478.9+1.471%$5.3M150xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,478.7+1.460%$296K$896K20xas long as short
01 Exchange ZECUSDshort+0.0064%1h1,479.2+1.497%$8K$7K5x
Bybit ZECUSDT+0.0092%8h1,479.5+1.515%$263.2M$597.4M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,475.1+1.213%$4.7M$1.3M10xas long as short
Popdex ZECUSDT+0.0096%1h1,479.1+1.490%$174K$1.6M50xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0099% / S −0.0054%1h1,478.6+1.456%$440K100xas long as short
Katana Perps ZEC-USD+0.0100%8h1,478.8+1.468%$12K$818K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,479+1.481%$61K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,479.6+1.523%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,480.2+1.563%$772.1M$421.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,479.6+1.521%$14.5M$28.2M75xas long as short
Pacifica ZEC+0.0100%1h1,479.2+1.493%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,479.9+1.541%$686.9M$2.17B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,479.6+1.522%$179.4M$1.23B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,474.6+1.179%$400K$433K5xas long as short
Bulk ZEC-USD+0.0100%1h1,472.4+1.029%$889K$15K10xas long as short
Gate ZEC_USDT+0.0100%8h1,479.3+1.501%$53.6M$172.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,479.6+1.523%$230.4M$765.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,479.8+1.536%$105.5M$52.8M75xas long as short
Bitget ZECUSDT+0.0100%8h1,480+1.547%$166.9M$269.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,479.9+1.545%$112.0Mas long as short
Variational Omni ZEC+0.0100%8h1,473.7+1.116%$48.3M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,475+1.205%$556K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474.1+1.146%$3.0M$455K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,472.9+1.064%$407K$926K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.3+1.297%$50K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,478.8+1.467%$364K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,478.3+1.431%$163K$183K20xas long as short
Derive ZEC-PERP+0.0100%1h1,477.8+1.399%$451K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,480.6+1.590%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,478.4+1.437%$244K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,477.2+1.356%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,478.6+1.452%$3.9M$4.8M50xas long as short
Extended ZEC-USD+0.0104%1h1,479.3+1.498%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,478.8+1.467%$46K$152K20xas long as short
Lighter RH ZEC+0.0120%1h1,479.5+1.514%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0125%1h1,479.4+1.511%$623K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0145%1h1,478.2+1.428%$18.1M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,478.9+1.476%$934K$1.1M10xas long as short
Lighter ZEC+0.0192%1h1,479.6+1.524%$19.6M$44.1M20xas long as short
Backpack ZEC_USDC_PERP+0.0403%1h1,480.6+1.587%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,480.3+1.571%$3.7M$9.3M50xas long as short
Arcus ZEC-USD+0.0508%1h1,479.5+1.513%$657K$8.2M10xas long as short
Aftermath Perps ZECUSD+0.0713%1h1,475+1.208%$45K$49K10xas long as short