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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: SoDEX against Nado−0.032%47s7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.176% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.025%−$3 on $10k
Price spread, last 4 days (all we have)+0.410%+$41 · spread now −0.032%, 7d avg −0.027%
Together, before fees+0.384%+ Points / potential airdropNado: Active · farm board+$38 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ZEC-PERP1,453.90.0100pay 0.0012% / 1h49m 21s$2.8M$6.6M10x
ShortSoDEX ZEC-USD1,453.40.0100get 0.0013% / 1h49m 21s$233K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.032% → −0.027%
−$0.55
Slippage, 4 orders
−$2.63
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$18.18
Costs to cover
0.176%
Break-even
1868029797347529.3 days
Slippage from Nado: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago0.03 bp4.4 bp −$412.1 bp −$12143.8 bp −$4,383doesn't fit
Sell SoDEX live order book, 5 min ago0.03 bp4.2 bp −$414.9 bp −$149100.3 bp −$10.0Kdoesn'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−0.3042%1h1,455.4+0.102%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,453.8−0.009%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0071%8h1,454.2+0.022%$29.4M$70.5M75xas long as short
dYdX ZEC-USD0.0000%1h1,453.1−0.056%$409K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,454.2+0.021%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,452.6−0.093%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,452.9−0.067%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,453.1−0.058%$290K$943K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0079% / S −0.0028%1h1,452.8−0.077%$432K100xas long as short
Popdex ZECUSDT+0.0096%1h1,453.1−0.059%$173K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,453.3−0.042%$10K$848K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,453.3−0.045%$60K$43K10xas long as short
Nado ZEC-PERPlong+0.0100%1h1,453.9long leg$2.8M$6.6M10x
Aster ZECUSDT+0.0100%8h1,453.2−0.049%$14.7M$27.9M75xas long as short
Pacifica ZEC+0.0100%1h1,453.7−0.014%$1.6M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,453−0.060%$667.3M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,452.6−0.091%$260.8M$600.4M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,453−0.061%$177.6M$1.21B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,452.7−0.083%$395K$440K5xas long as short
Bulk ZEC-USD+0.0100%1h1,454+0.007%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,452.9−0.067%$50.5M$170.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,452.9−0.072%$215.6M$765.5M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,453.2−0.051%$102.5M$53.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,453−0.062%$165.2M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,452.7−0.082%$105.7Mas long as short
Variational Omni ZEC+0.0100%8h1,453−0.060%$47.6M$32.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,455.8+0.130%$566K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,456.5+0.179%$3.0M$451K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,457+0.213%$404K$941K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.1−0.058%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,452.7−0.083%$353K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,453−0.064%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,452.2−0.118%$443K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,455.2+0.088%$3K$1.1M20xas long as short
SoDEX ZEC-USDshort+0.0100%1h1,453.4−0.032%$233K$3.2M10x
HTX ZEC-USDT+0.0100%8h1,453.2−0.047%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,454.4+0.031%$3.8M$5.0M50xas long as short
Lighter RH ZEC+0.0104%1h1,455+0.077%$2.1M$7.0M10xas long as short
Extended ZEC-USD+0.0104%1h1,453.3−0.041%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,453.4−0.034%$47K$151K20xas long as short
Phoenix ZEC+0.0116%1h1,454.5+0.043%$4.6M$1.3M10xas long as short
01 Exchange ZECUSD+0.0120%1h1,453.4−0.033%$8K$7K5xas long as short
Hyperliquid ZEC+0.0123%1h1,454.1+0.013%$756.3M$428.5M10xas long as short
Backpack ZEC_USDC_PERP+0.0168%1h1,453.9+0.001%$2.4M$3.9M15xas long as short
Lighter ZEC+0.0184%1h1,454.7+0.057%$19.2M$44.7M20xas long as short
RISEx ZEC/USDC+0.0216%1h1,453.3−0.043%$920K$1.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0228%1h1,454.2+0.019%$614K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,453.4−0.035%$18.0M$45.1M25xas long as short
Arcus ZEC-USD+0.0344%1h1,455.3+0.098%$688K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,456.9+0.207%$3.7M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0679%1h1,454.9+0.071%$45K$49K10xas long as short