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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.038%
Price spread now: Hotstuff against OKX−0.115%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hotstuff is 0.115% cheaper against OKX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,456.50.0100pay 0.0100% / 8h3h 31m$178.6M$1.22B50x
ShortHotstuff ZEC-PERP1,454.9−0.0080pay 0.0010% / 1h31m 52s$6K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
−$37.8
Price spread: −0.115% → 0.000%
−$11.47
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$64.27
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Hotstuff: 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 OKX live order book, 2 min ago0.03 bp6.3 bp −$69.2 bp −$9219.3 bp −$1,935doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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−0.3042%1h1,453.9−0.181%$33K$272K12xas long as short
Hotstuff ZEC-PERPshort−0.0080%1h1,454.9−0.115%$6K$1K10x
BloFin ZEC-USDT−0.0070%8h1,455−0.106%$29.5M$70.6M75xas long as short
dYdX ZEC-USD0.0000%1h1,455−0.105%$410K$36K5xas long as short
Perpl ZEC0.0000%43m1,454.4−0.150%$83K$240K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,454.4−0.148%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0063%8h1,454.9−0.111%$291K$944K20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0082% / S −0.0033%1h1,454.4−0.144%$433K100xas long as short
Lighter RH ZEC+0.0096%1h1,456.6+0.003%$2.1M$7.0M10xas long as short
Popdex ZECUSDT+0.0096%1h1,453.9−0.179%$174K$1.7M50xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps ZEC-USD+0.0100%8h1,454.1−0.168%$13K$821K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,454.4−0.147%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,454.3−0.154%$2.8M$6.6M10xas long as short
Aster ZECUSDT+0.0100%8h1,456−0.036%$14.5M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,455.5−0.072%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,456.4−0.010%$670.0M$2.20B75xas long as short
Bybit ZECUSDT+0.0100%8h1,456−0.035%$261.4M$599.9M75xas long as short
OKX ZEC-USDT-SWAPlong+0.0100%8h1,456.5long leg$178.6M$1.22B50x
Ondo Perps ZEC-USD.P+0.0100%1h1,455.7−0.057%$395K$434K5xas long as short
Bulk ZEC-USD+0.0100%1h1,453.9−0.183%$878K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,456.1−0.030%$51.1M$171.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,455.8−0.047%$218.5M$769.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,455.6−0.065%$102.6M$53.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,456.6+0.002%$165.7M$270.3M75xas long as short
BingX ZEC-USDT+0.0100%8h1,456.1−0.027%$105.5Mas long as short
Variational Omni ZEC+0.0100%8h1,450.8−0.394%$47.6M$32.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,451.5−0.345%$565K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,452.6−0.272%$3.0M$463K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,454.2−0.159%$402K$943K50xas long as short
StandX ZEC-USD+0.0100%1h1,453.2−0.230%$49K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,454.2−0.160%$352K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,454.5−0.141%$160K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,453.6−0.200%$444K$521K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,457.5+0.065%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,455−0.105%$233K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,454.1−0.168%$2.7M$18.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,455.1−0.096%$3.8M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,455.7−0.057%$2.8M$7.7M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,454.6−0.132%$47K$151K20xas long as short
Kalshi KXZECPERP+0.0108%8h1,455.7−0.059%$1.5M$4.4M2.2xas long as short
01 Exchange ZECUSD+0.0112%1h1,454.6−0.130%$8K$7K5xas long as short
Phoenix ZEC+0.0116%1h1,454.3−0.154%$4.6M$1.3M10xas long as short
Backpack ZEC_USDC_PERP+0.0125%1h1,455.5−0.071%$2.4M$3.8M15xas long as short
Hyperliquid ZEC+0.0132%1h1,456.6+0.005%$758.3M$425.9M10xas long as short
Lighter ZEC+0.0160%1h1,456.4−0.007%$19.2M$44.9M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0209%1h1,455.4−0.077%$614K$1.3M25xas long as short
RISEx ZEC/USDC+0.0216%1h1,454.1−0.166%$919K$1.1M10xas long as short
Kraken Futures PF_ZECUSD+0.0333%1h1,454.8−0.120%$18.0M$45.3M25xas long as short
Arcus ZEC-USD+0.0344%1h1,456−0.034%$698K$8.2M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0464%1h1,458.2+0.112%$3.8M$9.1M50xas long as short
Aftermath Perps ZECUSD+0.0670%1h1,453.9−0.178%$44K$49K10xas long as short