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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: Binance against Nado0.000%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.033%−$3 on $10k
Price spread, last 7 days−0.029%−$3 · spread now 0.000%, 7d avg −0.038%
Together, before fees−0.062%+ Points / potential airdropNado: Active · farm board−$6 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: Binance is 0.038% dearer against Nado than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,467.70.0100pay 0.0012% / 1h15m 30s$2.6M$6.6M10x
ShortBinance ZECUSDT1,467.70.0100get 0.0100% / 8h7h 15m$683.0M$2.37B75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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: 0.000% → −0.038%
$3.83
Slippage, 4 orders
−$3.96
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Binance: 5 bp × 2 orders
−$10
Net
−$17.13
Costs to cover
0.210%
Break-even
1759982763354103.5 days
Slippage from Nado: live order book, 4 min ago; Binance: live order book, 14 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 Nado live order book, 4 min ago0.51 bp5.2 bp −$512.5 bp −$125doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.03 bp5.0 bp −$56.9 bp −$6918.4 bp −$1,843doesn'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−0.3321%1h1,466.3−0.091%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,465.8−0.127%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0118%1h1,463.3−0.297%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0115%8h1,463.8−0.262%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,466.5−0.081%$6K$2K10xas long as short
Variational Omni ZEC−0.0030%8h1,464.9−0.185%$47.5M$33.8Mas long as short
dYdX ZEC-USD0.0000%1h1,465.9−0.120%$413K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,467.4−0.018%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,466.9−0.055%$957K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,466.9−0.052%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,465.5−0.149%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0018%8h1,465.4−0.155%$293K$1.1M20xas long as short
Phoenix ZEC+0.0054%1h1,465.8−0.128%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,465.5−0.146%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,467.1−0.041%$181.2M$1.30B50xas long as short
Bybit ZECUSDT+0.0084%8h1,467.1−0.039%$273.2M$633.4M75xas long as short
Popdex ZECUSDT+0.0096%1h1,467.8+0.006%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,467.2−0.034%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,466.5−0.076%$60K$39K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,467.7long leg$2.6M$6.6M10x
Hyperliquid ZEC+0.0100%1h1,468.6+0.064%$762.2M$453.4M10xas long as short
Aster ZECUSDT+0.0100%8h1,466.4−0.083%$14.9M$31.5M75xas long as short
Pacifica ZEC+0.0100%1h1,466.4−0.084%$1.7M$2.8M10xas long as short
Binance ZECUSDTshort+0.0100%8h1,467.70.000%$683.0M$2.37B75x
Arcus ZEC-USD+0.0100%1h1,468.5+0.057%$705K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9−0.121%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,467.1−0.040%$50.2M$181.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,467.2−0.033%$228.0M$828.6M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.8−0.129%$104.0M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,467.4−0.018%$163.2M$291.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.6−0.142%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,464.1−0.244%$570K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,465.9−0.123%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,463.4−0.294%$426K$874K50xas long as short
StandX ZEC-USD+0.0100%1h1,465.3−0.161%$80K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,467.1−0.038%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,466.9−0.049%$128K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.9−0.255%$456K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.8+0.011%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,465.6−0.140%$242K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464.4−0.223%$2.5M$20.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.9−0.119%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,466.9−0.050%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.6−0.137%$54K$164K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0167%1h1,466.5−0.081%$603K$1.3M25xas long as short
Lighter ZEC+0.0224%1h1,467.5−0.011%$19.1M$50.5M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,468.3+0.042%$852K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,467−0.043%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0513%1h1,466.4−0.086%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0744%1h1,468.1+0.033%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0775%1h1,467−0.045%$43K$46K10xas long as short