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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h −0.025%
Price spread now: Orderly against Nado+0.019%7-day average −0.019% · 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 3 days (all we have)−0.082%−$8 on $10k
Price spread, last 3 days (all we have)+0.628%+$63 · spread now +0.019%, 7d avg −0.019%
Together, before fees+0.546%+ Points / potential airdropNado: Active · farm board+$55 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.037% dearer against Nado than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.019%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,444.50.0100pay 0.0012% / 1h31m 17s$2.4M$7.1M10x
ShortOrderly PERP_ZEC_USDC1,444.80.0015get 0.0015% / 8h2h 31m$290K$1.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$17.83
Price spread: +0.019% → −0.019%
$3.74
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$27.09
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 3 min ago; Orderly: 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 Nado live order book, 3 min ago0.04 bp4.5 bp −$511.8 bp −$11849.6 bp −$4,958doesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.3476%1h1,433.1−0.786%$33K$275K12xas long as short
BloFin ZEC-USDT−0.0096%8h1,445.3+0.056%$28.7M$74.7M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,444.6+0.004%$6K$2K10xas long as short
Kraken Futures PF_ZECUSD−0.0072%1h1,445.1+0.042%$17.6M$44.5M25xas long as short
Variational Omni ZEC−0.0009%8h1,449.1+0.319%$45.6M$32.2Mas long as short
dYdX ZEC-USD0.0000%1h1,445.1+0.044%$407K$106K5xas long as short
Kalshi KXZECPERP0.0000%8h1,446.2+0.116%$907K$5.7M2.2xas long as short
Perpl ZEC0.0000%43m1,443.3−0.086%$82K$401K10xas long as short
Bybit ZECUSDT+0.0006%8h1,443.5−0.070%$266.1M$674.9M75xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,444.4−0.008%$5.1M150xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0009%1h1,445.8+0.087%$588K$1.3M25xas long as short
Orderly PERP_ZEC_USDCshort+0.0015%8h1,444.8+0.019%$290K$1.5M20x
GMX ZEC/USD [WBTC.b-USDC]L +0.0028% / S +0.0071%1h1,444−0.034%$542K100xas long as short
OKX ZEC-USDT-SWAP+0.0055%8h1,444.9+0.026%$171.1M$1.35B50xas long as short
Gate ZEC_USDT+0.0071%8h1,443.8−0.046%$49.1M$188.7M75xas long as short
01 Exchange ZECUSD+0.0072%1h1,444.2−0.022%$7K$8K5xas long as short
Aster ZECUSDT+0.0075%8h1,444.1−0.027%$15.2M$34.6M75xas long as short
Katana Perps ZEC-USD+0.0095%8h1,443.8−0.050%$13K$873K10xas long as short
Lighter ZEC+0.0096%1h1,445.4+0.062%$18.7M$54.4M20xas long as short
Popdex ZECUSDT+0.0096%1h1,444.2−0.018%$172K$2.0M50xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,444.1−0.031%$59K$37K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,444.5long leg$2.4M$7.1M10x
Hyperliquid ZEC+0.0100%1h1,444.4−0.007%$745.9M$494.5M10xas long as short
Pacifica ZEC+0.0100%1h1,444.3−0.017%$1.6M$3.1M10xas long as short
Binance ZECUSDT+0.0100%8h1,444−0.032%$658.2M$2.53B75xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,442.7−0.125%$392K$516K5xas long as short
Bulk ZEC-USD+0.0100%1h1,445+0.035%$890K$32K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,444−0.033%$214.0M$891.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,443.9−0.042%$102.4M$56.9M75xas long as short
Bitget ZECUSDT+0.0100%8h1,445+0.035%$159.9M$312.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,443.3−0.084%$6.8Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,445.4+0.060%$2.3M$4.1M15xas long as short
edgeX ZECUSDC+0.0100%4h1,445.3+0.055%$485K$9.8M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.7+0.289%$3.0M$501K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,445.1+0.039%$703K$607K50xas long as short
StandX ZEC-USD+0.0100%1h1,445.2+0.051%$108K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,443.4−0.076%$347K$2.0M10xas long as short
Bullet ZEC-USD+0.0100%1h1,444−0.037%$126K$161K20xas long as short
Derive ZEC-PERP+0.0100%1h1,443.3−0.080%$439K$493K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,445.7+0.084%$3K$1.3M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,445.4+0.062%$219K$4.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,444.4−0.007%$2.4M$24.9M75xas long as short
Phemex ZECUSDT+0.0100%8h1,445+0.034%$3.7M$5.3M50xas long as short
Phoenix ZEC+0.0103%1h1,445.9+0.098%$4.5M$1.6M10xas long as short
Extended ZEC-USD+0.0104%1h1,445.6+0.077%$3.2M$6.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,444.9+0.027%$36K$362K20xas long as short
RISEx ZEC/USDC+0.0219%1h1,444.7+0.011%$862K$1.9M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0440%1h1,447.1+0.183%$3.7M$11.4M50xas long as short
Aftermath Perps ZECUSD+0.0445%1h1,448.2+0.260%$39K$32K10xas long as short
Arcus ZEC-USD+0.0518%1h1,446.6+0.143%$767K$7.9M10xas long as short
Lighter RH ZEC+0.0680%1h1,446.2+0.116%$1.9M$8.5M10xas long as short