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+0.0276%/8h= +30.2% APRpaid last 24h +0.021%
Price spread now: RISEx against OKX+0.059%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.238%+$24 on $10k
Price spread, last 7 days−0.072%−$7 · spread now +0.059%, 7d avg +0.027%
Together, before fees+0.166%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and RISEx is 0.032% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ZEC-USDT-SWAP1,474.60.0098pay 0.0098% / 8h6h 20m$181.8M$1.27B50x
ShortRISEx ZEC/USDC1,475.50.0374get 0.0047% / 1h20m 34s$867K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$57.89
Price spread: +0.059% → +0.027%
$3.19
Slippage, 4 orders
−$4.16
Fee OKX: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$40.92
Costs to cover
0.202%
Break-even
2.1 days
Slippage from OKX: live order book, 4 min ago; RISEx: 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 bp5.2 bp −$57.3 bp −$7318.5 bp −$1,847doesn't fit
Sell RISEx live order book, 3 min ago1.32 bp4.3 bp −$47.6 bp −$76doesn'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%1h1,459.6−1.021%$34K$274K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,475.2+0.043%$6K$1K10xas long as short
Ondo Perps ZEC-USD.P−0.0006%1h1,472.9−0.116%$400K$516K5xas long as short
Kraken Futures PF_ZECUSD−0.0002%1h1,475.1+0.036%$18.1M$43.8M25xas long as short
dYdX ZEC-USD0.0000%1h1,474.4−0.016%$415K$53K5xas long as short
Kalshi KXZECPERP0.0000%8h1,475.2+0.043%$975K$4.9M2.2xas long as short
Perpl ZEC0.0000%43m1,474.8+0.013%$84K$254K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,474.7+0.009%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0029%8h1,474.9+0.020%$294K$1.0M20xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0009%1h1,474.8+0.010%$385K100xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni ZEC+0.0055%8h1,474.3−0.024%$48.1M$32.6Mas long as short
Phoenix ZEC+0.0070%1h1,474.7+0.005%$4.7M$1.5M10xas long as short
01 Exchange ZECUSD+0.0072%1h1,475.2+0.042%$8K$8K5xas long as short
Popdex ZECUSDT+0.0096%1h1,475+0.026%$174K$1.8M50xas long as short
OKX ZEC-USDT-SWAPlong+0.0098%8h1,474.6long leg$181.8M$1.27B50x
Katana Perps ZEC-USD+0.0100%8h1,474.5−0.005%$14K$840K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,474.9+0.017%$61K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,475.1+0.036%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,475.8+0.081%$768.6M$443.0M10xas long as short
Aster ZECUSDT+0.0100%8h1,474.9+0.017%$14.8M$30.3M75xas long as short
Pacifica ZEC+0.0100%1h1,475.3+0.047%$1.7M$2.7M10xas long as short
Binance ZECUSDT+0.0100%8h1,475+0.026%$682.3M$2.32B75xas long as short
Bybit ZECUSDT+0.0100%8h1,474.7+0.007%$272.4M$617.0M75xas long as short
Bulk ZEC-USD+0.0100%1h1,476.6+0.134%$896K$18K10xas long as short
Gate ZEC_USDT+0.0100%8h1,474.7+0.003%$50.4M$176.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,475+0.026%$216.1M$800.8M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,474.9+0.022%$103.6M$56.4M75xas long as short
Bitget ZECUSDT+0.0100%8h1,474.7+0.003%$163.9M$282.8M75xas long as short
BingX ZEC-USDC+0.0100%8h1,473.9−0.045%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,472.2−0.166%$573K$9.0M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,473.6−0.072%$3.0M$443K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,473.3−0.090%$428K$898K50xas long as short
StandX ZEC-USD+0.0100%1h1,474.4−0.012%$71K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,474.8+0.013%$347K$1.8M10xas long as short
Bullet ZEC-USD+0.0100%1h1,474.4−0.014%$128K$160K20xas long as short
Derive ZEC-PERP+0.0100%1h1,473.4−0.081%$458K$511K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,477.2+0.173%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,474.9+0.022%$243K$3.6M10xas long as short
HTX ZEC-USDT+0.0100%8h1,474.4−0.018%$2.5M$18.7M75xas long as short
Phemex ZECUSDT+0.0100%8h1,475+0.028%$3.9M$5.4M50xas long as short
Extended ZEC-USD+0.0104%1h1,474.8+0.011%$3.2M$7.1M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,474.7+0.008%$48K$162K20xas long as short
Arcus ZEC-USD+0.0254%1h1,476.1+0.103%$688K$8.6M10xas long as short
Lighter ZEC+0.0256%1h1,476.2+0.111%$19.3M$48.2M20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0285%1h1,475.7+0.076%$614K$1.3M25xas long as short
Lighter RH ZEC+0.0288%1h1,476.7+0.142%$2.1M$7.1M10xas long as short
RISEx ZEC/USDCshort+0.0374%1h1,475.5+0.059%$867K$1.0M10x
Coinbase International ZEC-PERP-INTX+0.0472%1h1,476.3+0.117%$3.6M$9.4M50xas long as short
Backpack ZEC_USDC_PERP+0.0480%1h1,475.3+0.043%$2.5M$3.9M15xas long as short
Aftermath Perps ZECUSD+0.0749%1h1,475.3+0.046%$44K$46K10xas long as short