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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0328%/8h= +36.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.036%
Price spread now: Aevo against Kraken Futures−0.010%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.535% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.010%, 7d avg −0.030%
Together, before fees+0.308%+$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aevo is 0.021% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZECUSD1,474.6−0.0224get 0.0028% / 1h52m 32s$18.0M$44.6M25x
ShortAevo ZEC-PERP1,474.50.0104get 0.0013% / 1h52m 32s$37K$366K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
$68.97
Price spread: −0.010% → −0.030%
$2.05
Slippage, 4 orders
−$27.48
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
$17.54
Costs to cover
0.535%
Break-even
5.2 days
Slippage from Kraken Futures: live order book, 2 min ago; Aevo: live order book, 26 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 Kraken Futures live order book, 2 min ago0.03 bp8.4 bp −$811.9 bp −$11920.4 bp −$2,03583.1 bp −$41.6K
Sell Aevo live order book, 26 min ago6.55 bp20.1 bp −$2027.6 bp −$27637.8 bp −$3,777doesn'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−0.3089%1h1,475.9+0.084%$34K$275K12xas long as short
ApeX Omni ZECUSDT−0.0365%1h1,474−0.040%$432K$827K50xas long as short
Ondo Perps ZEC-USD.P−0.0334%1h1,473.5−0.076%$400K$517K5xas long as short
Kraken Futures PF_ZECUSDlong−0.0224%1h1,474.6long leg$18.0M$44.6M25x
BloFin ZEC-USDT−0.0111%8h1,474.5−0.007%$29.5M$75.7M75xas long as short
Bybit ZECUSDT−0.0087%8h1,472.4−0.148%$273.4M$661.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.2−0.031%$6K$2K10xas long as short
Variational Omni ZEC−0.0037%8h1,473.4−0.081%$47.0M$33.5Mas long as short
dYdX ZEC-USD0.0000%1h1,473.7−0.059%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.4+0.124%$901K$5.6M2.2xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Perpl ZEC0.0000%43m1,474−0.041%$84K$404K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.9+0.020%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0010%8h1,474.7+0.006%$295K$1.4M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0019%1h1,475.5+0.057%$615K$1.3M25xas long as short
Phoenix ZEC+0.0024%1h1,475.6+0.067%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0038% / S +0.0009%1h1,474.8+0.011%$366K100xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,472.7−0.129%$180.5M$1.35B50xas long as short
Gate ZEC_USDT+0.0042%8h1,473.9−0.052%$50.7M$184.0M75xas long as short
01 Exchange ZECUSD+0.0048%1h1,473.9−0.051%$8K$8K5xas long as short
SoDEX ZEC-USD+0.0065%1h1,474.5−0.011%$227K$4.5M10xas long as short
Popdex ZECUSDT+0.0096%1h1,473.2−0.097%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,474.1−0.036%$12K$828K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.8−0.056%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,474.3−0.021%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.8+0.012%$765.4M$473.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.8−0.053%$15.6M$32.7M75xas long as short
Pacifica ZEC+0.0100%1h1,474.2−0.027%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,473.2−0.095%$681.6M$2.46B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475+0.024%$714K$8.3M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471.1−0.237%$908K$26K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.9−0.049%$223.0M$830.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.6−0.070%$104.2M$56.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.1−0.106%$162.7M$303.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.8−0.056%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,474.3−0.022%$513K$9.3M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,475.5+0.062%$3.0M$466K10xas long as short
StandX ZEC-USD+0.0100%1h1,475.5+0.063%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,473.1−0.103%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.014%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473−0.109%$449K$503K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.1+0.168%$3K$1.2M20xas long as short
HTX ZEC-USDT+0.0100%8h1,473.2−0.097%$2.5M$23.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.8+0.015%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.3−0.019%$3.3M$6.9M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,474.5−0.010%$37K$366K20x
RISEx ZEC/USDC+0.0132%1h1,474.2−0.027%$836K$1.2M10xas long as short
Lighter ZEC+0.0144%1h1,475.5+0.057%$19.1M$52.1M20xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476.8+0.149%$3.8M$11.0M50xas long as short
Lighter RH ZEC+0.0504%1h1,475.7+0.074%$2.0M$8.2M10xas long as short
Backpack ZEC_USDC_PERP+0.0552%1h1,475.6+0.065%$2.4M$3.7M15xas long as short
Aftermath Perps ZECUSD+0.0628%1h1,474.7+0.003%$46K$47K10xas long as short