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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h −0.010%
Price spread now: GRVT against OKX+0.143%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs+$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$230.228% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 7 days−0.145%−$15 · spread now +0.143%, 7d avg +0.002%
Together, before fees+0.133%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.142% dearer against OKX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,472.30.0038pay 0.0038% / 8h5m 22s$181.6M$1.34B50x
ShortGRVT ZEC_USDT_Perp1,474.40.0100get 0.0100% / 8h5m 22s$3.0M$454K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$13.1
Price spread: +0.143% → +0.002%
$14.17
Slippage, 4 orders
−$3.85
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$4.42
Costs to cover
0.228%
Break-even
4.6 days
Slippage from OKX: live order book, 4 min ago; GRVT: live order book, 3 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 bp5.4 bp −$58.8 bp −$8817.7 bp −$1,773doesn't fit
Sell GRVT live order book, 3 min ago0.41 bp7.0 bp −$710.5 bp −$105doesn't fitdoesn'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−0.3089%1h1,473.7+0.097%$34K$275K12xas long as short
Ondo Perps ZEC-USD.P−0.0262%1h1,471.7−0.041%$399K$521K5xas long as short
Kraken Futures PF_ZECUSD−0.0225%1h1,472.7+0.028%$17.9M$43.9M25xas long as short
Bybit ZECUSDT−0.0116%8h1,471.9−0.025%$274.9M$650.5M75xas long as short
BloFin ZEC-USDT−0.0107%8h1,472.4+0.004%$29.6M$74.8M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,471.6−0.046%$6K$2K10xas long as short
Variational Omni ZEC−0.0062%8h1,470.9−0.095%$47.7M$34.5Mas long as short
dYdX ZEC-USD0.0000%1h1,471.7−0.039%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,472.6+0.018%$959K$5.6M2.2xas long as short
Perpl ZEC0.0000%43m1,471.9−0.029%$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%1h1,472.8+0.034%$5.2M150xas long as short
01 Exchange ZECUSD+0.0008%1h1,471.8−0.031%$8K$8K5xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,472.5+0.015%$295K$1.4M20xas long as short
Phoenix ZEC+0.0024%1h1,473.2+0.061%$4.7M$1.6M10xas long as short
ApeX Omni ZECUSDT+0.0035%1h1,472.7+0.027%$432K$845K50xas long as short
OKX ZEC-USDT-SWAPlong+0.0038%8h1,472.3long leg$181.6M$1.34B50x
Gate ZEC_USDT+0.0048%8h1,472.4+0.009%$51.2M$187.9M75xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,472.7+0.030%$372K100xas long as short
Lighter ZEC+0.0096%1h1,474.2+0.129%$19.2M$52.6M20xas long as short
Popdex ZECUSDT+0.0096%1h1,472.1−0.016%$175K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0097%8h1,472.5+0.014%$19K$851K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,471.5−0.057%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,472−0.017%$2.6M$6.8M10xas long as short
Hyperliquid ZEC+0.0100%1h1,473.7+0.095%$763.4M$472.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,472.2−0.010%$15.0M$32.5M75xas long as short
Pacifica ZEC+0.0100%1h1,472.1−0.011%$1.7M$2.9M10xas long as short
Binance ZECUSDT+0.0100%8h1,472.6+0.018%$683.6M$2.45B75xas long as short
Arcus ZEC-USD+0.0100%1h1,473.1+0.055%$698K$8.4M10xas long as short
Bulk ZEC-USD+0.0100%1h1,472.8+0.033%$896K$38K10xas long as short
MEXC ZEC_USDT+0.0100%8h1,472.5+0.011%$228.5M$846.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,471.5−0.054%$104.5M$56.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,472.4+0.007%$163.7M$300.9M75xas long as short
BingX ZEC-USDC+0.0100%8h1,471.6−0.047%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.1−0.011%$513K$9.1M20xas long as short
GRVT ZEC_USDT_Perpshort+0.0100%8h1,474.4+0.143%$3.0M$454K10x
StandX ZEC-USD+0.0100%1h1,472.8+0.031%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,472.1−0.014%$335K$1.9M10xas long as short
Bullet ZEC-USD+0.0100%1h1,472.2−0.006%$127K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,470.9−0.094%$458K$508K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,474.6+0.155%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,472.4+0.010%$238K$4.4M10xas long as short
HTX ZEC-USDT+0.0100%8h1,471.2−0.072%$2.5M$22.6M75xas long as short
Phemex ZECUSDT+0.0100%8h1,473.1+0.053%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,472.9+0.044%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,472.5+0.014%$37K$366K20xas long as short
RISEx ZEC/USDC+0.0132%1h1,472.3−0.002%$836K$1.3M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0140%1h1,473.5+0.083%$615K$1.3M25xas long as short
Backpack ZEC_USDC_PERP+0.0397%1h1,472.1−0.015%$2.5M$3.8M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0432%1h1,474.2+0.130%$3.8M$10.6M50xas long as short
Lighter RH ZEC+0.0440%1h1,473.7+0.095%$2.0M$8.4M10xas long as short
Aftermath Perps ZECUSD+0.0767%1h1,473.9+0.108%$46K$47K10xas long as short