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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: SoDEX against MEXC+0.004%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$90.088% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.007%+$1 on $10k
Price spread, last 3 days (all we have)+0.165%+$17 · spread now +0.004%, 7d avg +0.011%
Together, before fees+0.173%+$17 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ZEC_USDT1,4740.0100pay 0.0100% / 8h6h 22m$217.0M$800.5M150x
ShortSoDEX ZEC-USD1,474.10.0100get 0.0013% / 1h22m 01s$243K$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against MEXC. 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: +0.004% → +0.011%
−$0.65
Slippage, 4 orders
−$0.77
Fee MEXC: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$9.42
Costs to cover
0.088%
Break-even
never at this rate
Slippage from MEXC: live order book, 2 min ago; SoDEX: 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 MEXC live order book, 2 min ago0.03 bp0.0 bp $00.0 bp $00.3 bp −$3228.3 bp −$14.2K
Sell SoDEX live order book, 2 min ago0.03 bp4.5 bp −$415.9 bp −$159104.8 bp −$10.5Kdoesn't fit

ZEC on 50 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−0.3678%1h1,459.3−0.999%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,472.6−0.094%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0016%1h1,471.4−0.177%$400K$517K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,474.4+0.027%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,472.9−0.072%$415K$54K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.6+0.104%$976K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.1+0.004%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.6+0.039%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,474.1+0.007%$294K$1.0M20xas long as short
Variational Omni ZEC+0.0048%8h1,474.4+0.028%$48.1M$32.8Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.4+0.028%$385K100xas long as short
Phoenix ZEC+0.0070%1h1,476.1+0.142%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,474.6+0.041%$8K$9K5xas long as short
Popdex ZECUSDT+0.0096%1h1,474.4+0.024%$173K$1.8M50xas long as short
OKX ZEC-USDT-SWAP+0.0097%8h1,473.8−0.016%$181.6M$1.27B50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,473.8−0.017%$14K$842K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.4+0.029%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,473.5−0.032%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,474.9+0.060%$767.8M$442.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.9−0.009%$14.9M$30.4M75xas long as short
Pacifica ZEC+0.0100%1h1,474.5+0.037%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,474+0.001%$681.9M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,473.8−0.018%$272.0M$616.9M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.174%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474−0.003%$50.3M$176.0M75xas long as short
MEXC ZEC_USDTlong+0.0100%8h1,474long leg$217.0M$800.5M150x
KuCoin ZECUSDTM+0.0100%8h1,474.6+0.042%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474−0.001%$163.8M$283.2M75xas long as short
BingX ZEC-USDT+0.0100%8h1,474.1+0.007%$100.5Mas long as short
edgeX ZECUSDC+0.0100%4h1,475.3+0.089%$575K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.8−0.018%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,474.6+0.037%$429K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,473.1−0.059%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.4+0.026%$346K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.7+0.045%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.8−0.079%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.8+0.192%$3K$1.2M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,474.1+0.004%$243K$3.6M10x
HTX ZEC-USDT+0.0100%8h1,474.4+0.023%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.2+0.016%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,473.9−0.008%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.1+0.009%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,475.4+0.097%$690K$8.6M10xas long as short
Lighter ZEC+0.0264%1h1,475.5+0.103%$19.3M$48.2M20xas long as short
Lighter RH ZEC+0.0288%1h1,475.8+0.124%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0295%1h1,475+0.070%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0374%1h1,474.9+0.058%$866K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3+0.155%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0483%1h1,474.5+0.032%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0739%1h1,475.1+0.071%$44K$46K10xas long as short