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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h +0.014%
Price spread now: Polymarket Perps against OKX−0.044%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$240.239% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.040%−$4 · spread now −0.044%, 7d avg −0.014%
Together, before fees−0.037%−$4 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: Polymarket Perps is 0.030% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,476.50.0096pay 0.0096% / 8h6h 27m$181.5M$1.28B50x
ShortPolymarket Perps ZEC-USD1,475.80.0100get 0.0013% / 1h27m 51s$340K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$0.92
Price spread: −0.044% → −0.014%
−$2.96
Slippage, 4 orders
−$5.92
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$25.95
Costs to cover
0.239%
Break-even
204.8 days
Slippage from OKX: live order book, 1 min ago; Polymarket Perps: live order book, 6 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, 1 min ago0.03 bp5.0 bp −$58.0 bp −$8015.5 bp −$1,553doesn't fit
Sell Polymarket Perps live order book, 6 min ago1.70 bp6.3 bp −$610.6 bp −$106doesn't fitdoesn't fit

ZEC on 50 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−0.3678%1h1,477.1+0.045%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,474.1−0.162%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0006%1h1,473.7−0.186%$400K$518K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,477.3+0.059%$18.1M$43.5M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.7−0.120%$415K$55K5xas long as short
Kalshi KXZECPERP0.0000%8h1,476.9+0.032%$976K$5.0M2.2xas long as short
Perpl ZEC0.0000%43m1,475.3−0.078%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,476.9+0.032%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0028%8h1,477.1+0.045%$295K$1.1M20xas long as short
Variational Omni ZEC+0.0040%8h1,476.4−0.005%$48.0M$33.0Mas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,476.5+0.001%$386K100xas long as short
01 Exchange ZECUSD+0.0064%1h1,476.2−0.019%$8K$9K5xas long as short
Phoenix ZEC+0.0070%1h1,478.2+0.120%$4.7M$1.5M10xas long as short
OKX ZEC-USDT-SWAPlong+0.0096%8h1,476.5long leg$181.5M$1.28B50x
Popdex ZECUSDT+0.0096%1h1,476−0.033%$173K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,475.7−0.049%$17K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,475.9−0.034%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.3−0.081%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,477.3+0.058%$768.8M$445.1M10xas long as short
Aster ZECUSDT+0.0100%8h1,476.8+0.026%$14.9M$30.8M75xas long as short
Pacifica ZEC+0.0100%1h1,475.4−0.071%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,477.2+0.049%$682.7M$2.33B75xas long as short
Bybit ZECUSDT+0.0100%8h1,476.5+0.005%$272.3M$618.4M75xas long as short
Bulk ZEC-USD+0.0100%1h1,470.5−0.404%$893K$19K10xas long as short
Gate ZEC_USDT+0.0100%8h1,476.8+0.026%$50.3M$175.6M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,476.7+0.019%$215.9M$799.4M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,476.6+0.012%$103.9M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,476.4−0.003%$164.0M$284.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,476.9+0.027%$100.8Mas long as short
edgeX ZECUSDC+0.0100%4h1,476.8+0.021%$575K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473−0.234%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,476.9+0.027%$429K$907K50xas long as short
StandX ZEC-USD+0.0100%1h1,476.5+0.005%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USDshort+0.0100%1h1,475.8−0.044%$340K$1.8M10x
Bullet ZEC-USD+0.0100%1h1,476.3−0.008%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,475.6−0.059%$459K$510K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.8+0.092%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,477.1+0.045%$243K$3.7M10xas long as short
HTX ZEC-USDT+0.0100%8h1,475−0.098%$2.5M$19.0M75xas long as short
Phemex ZECUSDT+0.0100%8h1,476.2−0.018%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,476.6+0.008%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,477.1+0.047%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,477+0.040%$687K$8.7M10xas long as short
Lighter ZEC+0.0256%1h1,478+0.104%$19.3M$48.1M20xas long as short
Lighter RH ZEC+0.0304%1h1,477.9+0.095%$2.1M$7.1M10xas long as short
RISEx ZEC/USDC+0.0374%1h1,476.7+0.014%$868K$1.0M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0409%1h1,478.1+0.109%$615K$1.3M25xas long as short
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.2−0.020%$3.6M$9.5M50xas long as short
Backpack ZEC_USDC_PERP+0.0506%1h1,477.7+0.087%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0722%1h1,475.1−0.089%$44K$46K10xas long as short