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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.023%
Price spread now: Aevo against Orderly+0.017%7-day average −0.008% · you sell dearer than you buy
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 7 days+0.257%+$26 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.017%, 7d avg −0.008%
Together, before fees+0.223%+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.025% dearer against Orderly than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,465.40.0018pay 0.0018% / 8h7h 16m$293K$1.1M20x
ShortAevo ZEC-PERP1,465.60.0104get 0.0013% / 1h16m 22s$54K$164K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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
$18.06
Price spread: +0.017% → −0.008%
$2.5
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$1.44
Costs to cover
0.220%
Break-even
7.6 days
Slippage unknown: Orderly: no order-book sample; Aevo: live order book, 58 min ago. 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 Orderly no order-book sample
Sell Aevo live order book, 58 min ago2.68 bp17.6 bp −$1824.4 bp −$24435.3 bp −$3,529doesn't fit
Orderly: 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−0.3321%1h1,466.3+0.064%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0344%1h1,463.8−0.105%$17.8M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0122%1h1,463.3−0.143%$398K$516K5xas long as short
BloFin ZEC-USDT−0.0115%8h1,463.8−0.108%$29.7M$72.6M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.4−0.070%$6K$2K10xas long as short
Variational Omni ZEC−0.0038%8h1,469.1+0.254%$47.6M$33.7Mas long as short
dYdX ZEC-USD0.0000%1h1,464.7−0.046%$412K$103K5xas long as short
01 Exchange ZECUSD0.0000%1h1,465.7+0.024%$8K$9K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.4−0.066%$956K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,464.7−0.048%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0007%1h1,464.3−0.074%$602K$1.3M25xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,465.5+0.005%$5.2M150xas long as short
Orderly PERP_ZEC_USDClong+0.0018%8h1,465.4long leg$293K$1.1M20x
Phoenix ZEC+0.0054%1h1,469.3+0.269%$4.6M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0054% / S −0.0010%1h1,465.5+0.009%$377K100xas long as short
OKX ZEC-USDT-SWAP+0.0057%8h1,465.5+0.004%$181.1M$1.29B50xas long as short
Bybit ZECUSDT+0.0075%8h1,465.3−0.005%$272.9M$633.3M75xas long as short
Popdex ZECUSDT+0.0096%1h1,465.3−0.006%$173K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.8−0.044%$15K$845K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,465.1−0.021%$60K$39K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.8+0.031%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,466.7+0.089%$761.3M$453.2M10xas long as short
Aster ZECUSDT+0.0100%8h1,465.4−0.003%$14.9M$31.5M75xas long as short
Pacifica ZEC+0.0100%1h1,465.4−0.001%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.5+0.005%$681.9M$2.37B75xas long as short
Arcus ZEC-USD+0.0100%1h1,466.9+0.103%$705K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,465.9+0.033%$892K$22K10xas long as short
Gate ZEC_USDT+0.0100%8h1,465.2−0.010%$50.2M$180.8M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,465.5+0.005%$227.4M$828.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.4−0.001%$104.0M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,465.4+0.003%$163.0M$292.0M75xas long as short
BingX ZEC-USDC+0.0100%8h1,464.4−0.069%$6.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,468.4+0.208%$571K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,468+0.179%$3.0M$447K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,469.5+0.280%$430K$869K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.7−0.046%$110K$4.7M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.3−0.006%$339K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,465.4+0.001%$127K$158K20xas long as short
Derive ZEC-PERP+0.0100%1h1,462.2−0.221%$456K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,465.8+0.027%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,463.8−0.112%$241K$3.9M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463−0.162%$2.5M$21.1M75xas long as short
Phemex ZECUSDT+0.0100%8h1,464.5−0.060%$3.8M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,465.4−0.001%$3.2M$7.0M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,465.6+0.017%$54K$164K20x
Lighter ZEC+0.0224%1h1,466.6+0.084%$19.1M$50.5M20xas long as short
RISEx ZEC/USDC+0.0228%1h1,466+0.042%$851K$1.1M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0448%1h1,466.5+0.074%$3.7M$9.6M50xas long as short
Backpack ZEC_USDC_PERP+0.0517%1h1,464.6−0.053%$2.5M$3.9M15xas long as short
Lighter RH ZEC+0.0744%1h1,467.4+0.138%$2.0M$8.3M10xas long as short
Aftermath Perps ZECUSD+0.0775%1h1,467+0.110%$43K$46K10xas long as short