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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.037%
Price spread now: StandX against Lighter RH+0.126%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.062%−$6 on $10k
Price spread, last 7 days−0.140%−$14 · spread now +0.126%, 7d avg −0.060%
Together, before fees−0.202%+ Points / potential airdropLighter RH: Points live · StandX: Active · farm board−$20 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: StandX is 0.186% dearer against Lighter RH than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.060%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ZEC1,517.40.0096pay 0.0012% / 1h46m 58s$2.1M$7.5M10x
ShortStandX ZEC-USD1,519.30.0100get 0.0013% / 1h46m 58s$51K$4.6M30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX against Lighter RH. 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
$0.84
Price spread: +0.126% → −0.060%
$18.58
Slippage, 4 orders
−$12.85
Fee Lighter RH: 0 bp × 2 orders
$0
Fee StandX: 4 bp × 2 orders
−$8
Net
−$1.43
Costs to cover
0.209%
Break-even
18.9 days
Slippage from Lighter RH: live order book, 2 min ago; StandX: 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 Lighter RH live order book, 2 min ago1.65 bp1.7 bp −$26.5 bp −$65doesn't fitdoesn't fit
Sell StandX live order book, 2 min ago3.76 bp8.4 bp −$812.0 bp −$120doesn't fitdoesn'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−0.3702%1h1,494.3−1.521%$36K$275K12xas long as short
Perpl ZEC−0.0447%43m1,515.5−0.123%$62K$305K10xas long as short
BloFin ZEC-USDT−0.0155%8h1,516.5−0.059%$31.6M$77.2M75xas long as short
Aftermath Perps ZECUSD−0.0134%1h1,516.4−0.067%$48K$59K10xas long as short
Bulk ZEC-USD−0.0101%1h1,517.9+0.034%$781K$147K10xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,517.7+0.020%$6K$1K10xas long as short
dYdX ZEC-USD0.0000%1h1,516.5−0.058%$421K$34K5xas long as short
Kalshi KXZECPERP0.0000%8h1,517.5+0.007%$1.6M$5.0M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,516.3−0.071%$5.4M150xas long as short
Kraken Futures PF_ZECUSD+0.0019%1h1,516.3−0.071%$18.4M$47.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ZECUSDT+0.0019%1h1,516.5−0.057%$416K$951K50xas long as short
01 Exchange ZECUSD+0.0024%1h1,517−0.028%$8K$6K5xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0067%1h1,516.6−0.049%$693K$1.4M25xas long as short
Phoenix ZEC+0.0082%1h1,518.9+0.096%$4.8M$1.4M10xas long as short
Orderly PERP_ZEC_USDC+0.0084%8h1,515.9−0.098%$306K$861K20xas long as short
Lighter ZEC+0.0096%1h1,517−0.025%$19.6M$44.7M20xas long as short
Lighter RH ZEClong+0.0096%1h1,517.4long leg$2.1M$7.5M10x
Popdex ZECUSDT+0.0096%1h1,517−0.028%$172K$1.8M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,516.8−0.039%$63K$19K10xas long as short
Katana Perps ZEC-USD+0.0100%8h1,516.7−0.046%$16K$900K10xas long as short
Nado ZEC-PERP+0.0100%1h1,517−0.024%$3.1M$7.7M10xas long as short
Hyperliquid ZEC+0.0100%1h1,517.4+0.001%$794.6M$448.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,515.6−0.115%$14.2M$30.9M75xas long as short
Pacifica ZEC+0.0100%1h1,517.6+0.014%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,516−0.094%$716.5M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,515.3−0.136%$272.6M$629.1M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,515.9−0.101%$185.9M$1.39B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,516.4−0.065%$413K$548K5xas long as short
Arcus ZEC-USD+0.0100%1h1,517.5+0.010%$596K$9.0M10xas long as short
Gate ZEC_USDT+0.0100%8h1,515.8−0.103%$60.4M$183.7M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,516.1−0.084%$408.7M$829.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,516−0.092%$103.6M$57.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,516−0.093%$163.5M$294.8M75xas long as short
BingX ZEC-USDT+0.0100%8h1,516−0.092%$120.2Mas long as short
Variational Omni ZEC+0.0100%8h1,517.7+0.021%$50.1M$35.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,518.8+0.090%$556K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,516.2−0.078%$3.1M$530K10xas long as short
StandX ZEC-USDshort+0.0100%1h1,519.3+0.126%$51K$4.6M30x
Polymarket Perps ZEC-USD+0.0100%1h1,517.6+0.014%$377K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,517−0.027%$170K$194K20xas long as short
Derive ZEC-PERP+0.0100%1h1,516.9−0.033%$453K$408K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,519+0.106%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,515.9−0.099%$256K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,516.7−0.045%$2.7M$21.3M75xas long as short
Phemex ZECUSDT+0.0100%8h1,516.7−0.044%$4.1M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,515.7−0.114%$2.8M$8.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,515.6−0.117%$43K$150K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0155% / S −0.0157%1h1,516.2−0.080%$337K100xas long as short
RISEx ZEC/USDC+0.0157%1h1,516.3−0.069%$967K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0368%1h1,518.6+0.081%$3.8M$10.0M50xas long as short
Backpack ZEC_USDC_PERP+0.0548%1h1,516.4−0.065%$2.4M$3.8M15xas long as short