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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.010%
Price spread now: BingX against Nado−0.152%7-day average −0.122% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.302% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.024%−$2 on $10k
Price spread, last 7 days+0.081%+$8 · spread now −0.152%, 7d avg −0.122%
Together, before fees+0.057%+ 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: BingX is 0.031% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.122%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,4750.0100pay 0.0012% / 1h3m 34s$2.6M$6.8M10x
ShortBingX ZEC-USDC1,472.80.0100get 0.0100% / 8h3m 34s$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.152% → −0.122%
−$3.05
Slippage, 4 orders
−$13.15
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BingX: 5 bp × 2 orders
−$10
Net
−$33.21
Costs to cover
0.302%
Break-even
3411928932211207.0 days
Slippage from Nado: live order book, 6 min ago; BingX: live order book, 9 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, 6 min ago0.03 bp5.3 bp −$512.2 bp −$12238.3 bp −$3,833doesn't fit
Sell BingX live order book, 9 min ago0.27 bp10.4 bp −$1012.3 bp −$12329.8 bp −$2,97677.6 bp −$38.8K

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%1h1,473.7−0.086%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0262%1h1,471.7−0.223%$399K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0224%1h1,474.4−0.040%$17.9M$44.0M25xas long as short
Bybit ZECUSDT−0.0116%8h1,473.7−0.086%$275.4M$650.8M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472.4−0.179%$29.6M$74.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,473.8−0.078%$6K$2K10xas long as short
Variational Omni ZEC−0.0062%8h1,470.9−0.278%$47.7M$34.5Mas long as short
dYdX ZEC-USD0.0000%1h1,474.7−0.019%$415K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,474.7−0.021%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,472.8−0.149%$84K$406K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.7−0.020%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,474.9−0.009%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0016%8h1,474.1−0.063%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.2−0.122%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0035%1h1,472.6−0.165%$432K$845K50xas long as short
OKX ZEC-USDT-SWAP+0.0039%8h1,473.3−0.115%$182.0M$1.34B50xas long as short
Gate ZEC_USDT+0.0048%8h1,473.8−0.078%$51.3M$188.0M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,474.6−0.026%$372K100xas long as short
Lighter ZEC+0.0096%1h1,475.3+0.022%$19.2M$52.6M20xas long as short
Popdex ZECUSDT+0.0096%1h1,474.2−0.054%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,474.8−0.013%$19K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,473.6−0.095%$61K$39K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,475long leg$2.6M$6.8M10x
Hyperliquid ZEC+0.0100%1h1,474.5−0.033%$763.9M$472.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,473.6−0.096%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,474.3−0.048%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,474.2−0.055%$684.5M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,475.1+0.004%$694K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472.8−0.150%$896K$38K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,473.7−0.086%$228.5M$847.0M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,473.6−0.092%$104.6M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,473.5−0.103%$163.9M$300.9M75xas long as short
BingX ZEC-USDCshort+0.0100%8h1,472.8−0.152%$6.7M
edgeX ZECUSDC+0.0100%4h1,472.1−0.194%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,474−0.070%$3.0M$454K10xas long as short
StandX ZEC-USD+0.0100%1h1,474.8−0.013%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.1−0.061%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.7−0.154%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,472.6−0.162%$459K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,476.5+0.102%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.1−0.061%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,473−0.135%$2.5M$22.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,474.4−0.044%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.1−0.061%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.5−0.031%$37K$366K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0111%1h1,475.2+0.015%$615K$1.3M25xas long as short
RISEx ZEC/USDC+0.0132%1h1,474.8−0.013%$838K$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0393%1h1,475.1+0.010%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,476.5+0.099%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0448%1h1,475.9+0.063%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0769%1h1,474.2−0.052%$46K$47K10xas long as short