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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.025%
Price spread now: Extended against OKX−0.095%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$220.220% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.227%+$23 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.095%, 7d avg −0.030%
Together, before fees+0.283%+ Points / potential airdropExtended: Active · farm board+$28 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: Extended is 0.065% cheaper against OKX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,448.80.0100pay 0.0100% / 8h4h 50m$177.1M$1.22B50x
ShortExtended ZEC-USD1,447.40.0104get 0.0013% / 1h50m 27s$2.8M$7.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$0.84
Price spread: −0.095% → −0.030%
−$6.51
Slippage, 4 orders
−$6.96
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$27.63
Costs to cover
0.220%
Break-even
237.2 days
Slippage from OKX: live order book, 4 min ago; Extended: live order book, 4 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 OKX live order book, 4 min ago0.03 bp6.4 bp −$68.6 bp −$8617.0 bp −$1,703doesn't fit
Sell Extended live order book, 4 min ago1.57 bp6.5 bp −$616.5 bp −$16563.9 bp −$6,385doesn'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−0.3166%1h1,449.6+0.053%$33K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,448.7−0.010%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0078%8h1,447.1−0.121%$29.2M$70.3M75xas long as short
dYdX ZEC-USD0.0000%1h1,448.2−0.046%$408K$40K5xas long as short
Kalshi KXZECPERP0.0000%8h1,448.2−0.044%$1.5M$4.5M2.2xas long as short
Perpl ZEC0.0000%43m1,448.6−0.013%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,448.9+0.006%$5.1M150xas long as short
Orderly PERP_ZEC_USDC+0.0058%8h1,448.3−0.034%$290K$958K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0064% / S −0.0014%1h1,448.8+0.001%$407K100xas long as short
01 Exchange ZECUSD+0.0072%1h1,448.1−0.050%$8K$7K5xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex ZECUSDT+0.0096%1h1,448.3−0.039%$172K$1.7M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,447.8−0.071%$10K$874K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,449.2+0.030%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,447.7−0.076%$2.5M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,449.4+0.041%$753.9M$434.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,448−0.055%$14.4M$27.7M75xas long as short
Pacifica ZEC+0.0100%1h1,448.7−0.008%$1.6M$2.5M10xas long as short
Binance ZECUSDT+0.0100%8h1,449.1+0.017%$664.6M$2.21B75xas long as short
Bybit ZECUSDT+0.0100%8h1,448.5−0.019%$261.5M$602.6M75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,448.8long leg$177.1M$1.22B50x
Ondo Perps ZEC-USD.P+0.0100%1h1,448.7−0.008%$394K$443K5xas long as short
Bulk ZEC-USD+0.0100%1h1,449.4+0.043%$876K$23K10xas long as short
Gate ZEC_USDT+0.0100%8h1,449+0.010%$49.9M$172.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,448.6−0.015%$214.6M$767.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,448.4−0.026%$101.9M$55.0M75xas long as short
Bitget ZECUSDT+0.0100%8h1,448.7−0.008%$161.8M$273.7M75xas long as short
BingX ZEC-USDC+0.0100%8h1,448.4−0.028%$6.7Mas long as short
Backpack ZEC_USDC_PERP+0.0100%1h1,448.2−0.044%$2.5M$3.8M15xas long as short
Variational Omni ZEC+0.0100%8h1,447.2−0.114%$47.4M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,449.2+0.030%$564K$8.7M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,448.8−0.002%$3.0M$424K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,448.4−0.028%$407K$913K50xas long as short
StandX ZEC-USD+0.0100%1h1,447.9−0.064%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,448−0.056%$365K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,448.5−0.021%$160K$185K20xas long as short
Derive ZEC-PERP+0.0100%1h1,446.7−0.145%$442K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,450.2+0.093%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,447.8−0.073%$232K$3.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,447−0.128%$2.6M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,447.6−0.084%$3.8M$5.1M50xas long as short
Extended ZEC-USDshort+0.0104%1h1,447.4−0.095%$2.8M$7.7M10x
Aevo ZEC-PERP+0.0104%1h1,447.6−0.084%$47K$151K20xas long as short
Phoenix ZEC+0.0123%1h1,450.6+0.124%$4.6M$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0272%1h1,448.4−0.026%$608K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0279%1h1,447.5−0.090%$17.9M$44.7M25xas long as short
Lighter ZEC+0.0368%1h1,449.3+0.033%$19.0M$45.8M20xas long as short
Lighter RH ZEC+0.0384%1h1,449.3+0.030%$2.0M$6.9M10xas long as short
RISEx ZEC/USDC+0.0412%1h1,448.5−0.022%$829K$1.0M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,449.9+0.077%$3.7M$8.9M50xas long as short
Arcus ZEC-USD+0.0626%1h1,450+0.083%$730K$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0680%1h1,449.7+0.062%$44K$49K10xas long as short