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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +11.0% APRnext payment +$0.13 per $10,000 · paid last 24h +0.042%
Price spread now: 01 Exchange against Kraken Futures+0.003%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ZECUSD1,5050.0012pay 0.0001% / 1h39m 56s$18.1M$47.1M25x
Short01 Exchange ZECUSD1,505.10.0112get 0.0014% / 1h39m 56s$8K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$21.09
Price spread: +0.003% → 0.000%
$0.28
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$4.38
Costs to cover
0.170%
Break-even
5.5 days
Slippage unknown: Kraken Futures: live order book, 4 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 Kraken Futures live order book, 4 min ago3.03 bp9.9 bp −$1013.6 bp −$13623.0 bp −$2,303167.1 bp −$83.6K
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 PERP−0.3442%1h1,504.3−0.050%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,504−0.066%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0180%8h1,504.4−0.042%$31.0M$75.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,505.3+0.017%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0073%1h1,501.6−0.224%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.530%$904K$2K10xas long as short
dYdX ZEC-USD0.0000%1h1,505.9+0.057%$418K$35K5xas long as short
Kalshi KXZECPERP0.0000%8h1,505.5+0.035%$1.5M$4.4M2.2xas long as short
Deribit ZEC_USDC-PERPETUAL0.0000%1h1,5050.000%$687K$1.4M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,504.8−0.014%$5.3M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ZECUSDlong+0.0012%1h1,505long leg$18.1M$47.1M25x
Orderly PERP_ZEC_USDC+0.0083%8h1,503.8−0.078%$303K$1.1M20xas long as short
Ondo Perps ZEC-USD.P+0.0095%1h1,500.8−0.280%$411K$563K5xas long as short
Phoenix ZEC+0.0096%1h1,505.2+0.012%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,504.7−0.021%$176K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,505.3+0.018%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,505.3+0.017%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,506.1+0.075%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.9+0.059%$786.9M$445.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,504.3−0.050%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,505.3+0.018%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,504.4−0.042%$703.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,504.1−0.064%$270.9M$623.2M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,504.3−0.046%$183.6M$1.34B50xas long as short
Gate ZEC_USDT+0.0100%8h1,504.6−0.026%$56.4M$183.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,503.6−0.096%$238.9M$793.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.9−0.007%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.8−0.014%$162.5M$289.7M75xas long as short
BingX ZEC-USDT+0.0100%8h1,504.6−0.029%$118.2Mas long as short
Variational Omni ZEC+0.0100%8h1,503−0.136%$49.1M$34.6Mas long as short
edgeX ZECUSDC+0.0100%4h1,503.8−0.079%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.277%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.347%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,503.8−0.081%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,505.2+0.013%$360K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,504.7−0.019%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503.3−0.115%$459K$489K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506.9+0.128%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,504.4−0.042%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,503.4−0.110%$2.7M$20.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,504.8−0.016%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.7−0.019%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,504.3−0.048%$43K$151K20xas long as short
01 Exchange ZECUSDshort+0.0112%1h1,505.1+0.003%$8K$6K5x
RISEx ZEC/USDC+0.0128%1h1,505.2+0.012%$947K$1.1M10xas long as short
Lighter RH ZEC+0.0128%1h1,506.2+0.078%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0162% / S −0.0200%1h1,504.6−0.029%$438K100xas long as short
Lighter ZEC+0.0224%1h1,506+0.064%$19.8M$45.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,505.6+0.040%$607K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,506.8+0.116%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0547%1h1,506.4+0.092%$2.4M$3.9M15xas long as short