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−0.0083%/8h= −9.1% APRpaid last 24h −0.005%
Price spread now: dYdX against Orderly+0.070%7-day average −0.016% · 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+0.324%+$32 on $10k
Price spread, last 4 days (all we have)−0.196%−$20 · spread now +0.070%, 7d avg −0.016%
Together, before fees+0.128%+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. dYdX is 0.086% dearer against Orderly than usual: you sell high and buy low (spread +0.070% now, against its 7-day average of −0.016%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.324%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ZEC_USDC1,503.10.0083pay 0.0083% / 8h41m 59s$303K$1.1M20x
ShortdYdX ZEC-USD1,504.20get 0.0000% / 1h41m 59s$418K$35K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
−$17.49
Price spread: +0.070% → −0.016%
$8.58
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$24.91
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 62 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 dYdX live order book, 62 min ago36.73 bp42.3 bp −$4261.2 bp −$612124.5 bp −$12.4K137.9 bp −$69.0K
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−0.3442%1h1,495.7−0.494%$37K$275K12xas long as short
Perpl ZEC−0.0447%43m1,502−0.074%$62K$304K10xas long as short
BloFin ZEC-USDT−0.0174%8h1,505.7+0.174%$31.0M$75.9M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,502.2−0.059%$6K$1K10xas long as short
Aftermath Perps ZECUSD−0.0066%1h1,500.3−0.188%$48K$59K10xas long as short
Bulk ZEC-USD−0.0053%1h1,497−0.405%$904K$2K10xas long as short
dYdX ZEC-USDshort0.0000%1h1,504.2+0.070%$418K$35K5x
Kalshi KXZECPERP0.0000%8h1,503.5+0.025%$1.5M$4.4M2.2xas long as short
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,503.6+0.034%$5.3M150xas long as short
Kraken Futures PF_ZECUSD+0.0012%1h1,503.7+0.040%$18.1M$46.7M25xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ZEC_USDC-PERPETUAL+0.0078%1h1,504+0.058%$687K$1.4M25xas long as short
Orderly PERP_ZEC_USDClong+0.0083%8h1,503.1long leg$303K$1.1M20x
Phoenix ZEC+0.0096%1h1,502.4−0.047%$4.8M$1.4M10xas long as short
Popdex ZECUSDT+0.0096%1h1,503.8+0.047%$175K$1.8M50xas long as short
Katana Perps ZEC-USD+0.0098%8h1,504.6+0.098%$14K$878K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,503.7+0.038%$62K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,504+0.057%$3.1M$7.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,505.3+0.145%$786.7M$445.5M10xas long as short
Aster ZECUSDT+0.0100%8h1,504+0.057%$14.1M$31.1M75xas long as short
Pacifica ZEC+0.0100%1h1,504+0.059%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,504.3+0.081%$703.8M$2.31B75xas long as short
Bybit ZECUSDT+0.0100%8h1,503.8+0.045%$270.9M$623.9M75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,504.2+0.069%$183.5M$1.34B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,502.8−0.021%$410K$563K5xas long as short
Gate ZEC_USDT+0.0100%8h1,503.5+0.024%$56.2M$183.1M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,504.4+0.084%$239.6M$792.7M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,504.5+0.090%$103.6M$57.3M75xas long as short
Bitget ZECUSDT+0.0100%8h1,504.5+0.091%$162.5M$289.6M75xas long as short
BingX ZEC-USDC+0.0100%8h1,503−0.009%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,501.5−0.107%$49.0M$34.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,499.2−0.260%$574K$9.1M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,500.8−0.152%$3.1M$507K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,499.8−0.222%$413K$945K50xas long as short
StandX ZEC-USD+0.0100%1h1,504.9+0.116%$56K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,503.8+0.045%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,503.7+0.041%$165K$184K20xas long as short
Derive ZEC-PERP+0.0100%1h1,503−0.009%$459K$500K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,506+0.192%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,503.4+0.017%$254K$3.5M10xas long as short
HTX ZEC-USDT+0.0100%8h1,502.5−0.043%$2.7M$20.5M75xas long as short
Phemex ZECUSDT+0.0100%8h1,503.8+0.042%$4.0M$4.9M50xas long as short
Extended ZEC-USD+0.0104%1h1,504.5+0.092%$2.8M$7.9M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,503.3+0.013%$43K$151K20xas long as short
01 Exchange ZECUSD+0.0112%1h1,504.3+0.081%$8K$6K5xas long as short
RISEx ZEC/USDC+0.0128%1h1,504+0.059%$946K$1.1M10xas long as short
Lighter RH ZEC+0.0136%1h1,505.1+0.128%$2.1M$7.4M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0160% / S −0.0197%1h1,503.4+0.020%$437K100xas long as short
Lighter ZEC+0.0224%1h1,504.9+0.119%$19.8M$45.2M20xas long as short
Arcus ZEC-USD+0.0403%1h1,504.7+0.103%$606K$8.8M10xas long as short
Coinbase International ZEC-PERP-INTX+0.0416%1h1,505.4+0.152%$3.7M$10.2M50xas long as short
Backpack ZEC_USDC_PERP+0.0535%1h1,504.6+0.096%$2.4M$3.9M15xas long as short