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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.006%
Price spread now: Aster against Orderly−0.087%7-day average −0.024% · 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 6 days (all we have)−0.025%−$3 on $10k
Price spread, last 4 days (all we have)−0.265%−$26 · spread now −0.087%, 7d avg −0.024%
Together, before fees−0.290%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.063% cheaper against Orderly than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.024%). If the spread goes back, that is −$6 on $10k: about 5.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,465.20.0062pay 0.0062% / 8h2h 40m$293K$902K20x
ShortAster ZECUSDT1,463.90.0100get 0.0100% / 8h2h 40m$14.4M$28.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$8.02
Price spread: −0.087% → −0.024%
−$6.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.31
Costs to cover
0.140%
Break-even
17.7 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 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 Aster live order book, 3 min ago0.48 bp4.5 bp −$46.4 bp −$6419.3 bp −$1,93271.8 bp −$35.9K
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−0.3243%1h1,465−0.016%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,463.8−0.092%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,465.3+0.009%$29.9M$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,463.7−0.102%$407K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,465.8+0.040%$1.5M$4.4M2.2xas long as short
Perpl ZEC0.0000%43m1,464.6−0.044%$84K$239K10xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,465.2+0.002%$5.2M150xas long as short
01 Exchange ZECUSD+0.0048%1h1,465.6+0.026%$8K$7K5xas long as short
Orderly PERP_ZEC_USDClong+0.0062%8h1,465.2long leg$293K$902K20x
Bybit ZECUSDT+0.0090%8h1,463.6−0.106%$261.0M$588.5M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,464.1−0.075%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0095% / S −0.0048%1h1,464.9−0.021%$437K100xas long as short
Popdex ZECUSDT+0.0096%1h1,465.2+0.003%$174K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.9−0.023%$13K$811K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,465.4+0.014%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,465.7+0.032%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,464.7−0.035%$762.3M$419.7M10xas long as short
Aster ZECUSDTshort+0.0100%8h1,463.9−0.087%$14.4M$28.0M75x
Pacifica ZEC+0.0100%1h1,464.2−0.067%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,464.1−0.077%$675.2M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,463.8−0.092%$178.1M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,462.5−0.184%$397K$429K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.171%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,463.8−0.096%$52.7M$170.3M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,463.9−0.087%$217.9M$759.2M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,464.1−0.075%$103.2M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,463.8−0.095%$165.8M$267.1M75xas long as short
BingX ZEC-USDT+0.0100%8h1,463.8−0.094%$107.8Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4−0.054%$48.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.6−0.108%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.1−0.142%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,464.9−0.023%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.6−0.040%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465−0.013%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,464.8−0.024%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,464.2−0.065%$447K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,467.4+0.153%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,465.3+0.004%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,464−0.079%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.6+0.029%$3.9M$4.7M50xas long as short
Lighter ZEC+0.0104%1h1,465.3+0.006%$19.4M$43.9M20xas long as short
Lighter RH ZEC+0.0104%1h1,465.4+0.016%$2.1M$7.1M10xas long as short
Extended ZEC-USD+0.0104%1h1,463.7−0.100%$2.8M$7.8M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,465.2+0.001%$47K$151K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0113%1h1,466+0.057%$617K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,464.8−0.026%$18.0M$45.6M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,465.5+0.019%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0290%1h1,465.5+0.019%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,466.5+0.091%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,466.3+0.076%$669K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0674%1h1,465.4+0.016%$45K$49K10xas long as short