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+0.0128%/8h= +14.1% APRpaid last 24h +0.004%
Price spread now: RISEx against Paradex+0.041%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and RISEx is 0.041% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex ZEC-USD-PERP1,469.20.0100pay 0.0100% / 8h7h 34m$60K$39K10x
ShortRISEx ZEC/USDC1,469.80.0228get 0.0029% / 1h34m 04s$850K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Paradex. 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
$26.97
Price spread: +0.041% → 0.000%
$4.12
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee RISEx: 3 bp × 2 orders
−$6
Net
$21.09
Costs to cover
0.100%
Break-even
1.5 days
Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 5 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 Paradex no order-book sample
Sell RISEx live order book, 5 min ago0.88 bp3.9 bp −$48.0 bp −$80doesn't fitdoesn't fit
Paradex: 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%1h1,470.8+0.105%$34K$275K12xas long as short
Kraken Futures PF_ZECUSD−0.0343%1h1,469.4+0.010%$17.9M$43.0M25xas long as short
Ondo Perps ZEC-USD.P−0.0150%1h1,468−0.083%$399K$518K5xas long as short
BloFin ZEC-USDT−0.0102%8h1,468.9−0.024%$29.7M$73.2M75xas long as short
Bybit ZECUSDT−0.0099%8h1,469.3+0.006%$274.0M$636.2M75xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,469.4+0.009%$6K$2K10xas long as short
Variational Omni ZEC−0.0056%8h1,468.2−0.071%$47.6M$34.2Mas long as short
dYdX ZEC-USD0.0000%1h1,468.6−0.045%$414K$104K5xas long as short
Kalshi KXZECPERP0.0000%8h1,468.7−0.038%$957K$5.2M2.2xas long as short
Perpl ZEC0.0000%43m1,469.4+0.009%$83K$405K10xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0006%1h1,469.2−0.003%$5.2M150xas long as short
Orderly PERP_ZEC_USDC+0.0015%8h1,469.1−0.010%$293K$1.4M20xas long as short
01 Exchange ZECUSD+0.0032%1h1,469.3+0.006%$8K$8K5xas long as short
OKX ZEC-USDT-SWAP+0.0045%8h1,469.9+0.047%$181.8M$1.30B50xas long as short
Phoenix ZEC+0.0054%1h1,470.9+0.111%$4.7M$1.6M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0055% / S −0.0010%1h1,469.20.000%$378K100xas long as short
Popdex ZECUSDT+0.0096%1h1,469.2−0.004%$176K$1.9M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,469.20.000%$14K$832K10xas long as short
Paradex ZEC-USD-PERPlong+0.0100%8h1,469.2long leg$60K$39K10x
Nado ZEC-PERP+0.0100%1h1,469.4+0.009%$2.6M$6.6M10xas long as short
Hyperliquid ZEC+0.0100%1h1,471+0.121%$762.9M$454.7M10xas long as short
Aster ZECUSDT+0.0100%8h1,469.3+0.007%$14.9M$31.9M75xas long as short
Pacifica ZEC+0.0100%1h1,469.3+0.005%$1.7M$2.8M10xas long as short
Binance ZECUSDT+0.0100%8h1,469.9+0.045%$683.9M$2.38B75xas long as short
Arcus ZEC-USD+0.0100%1h1,470.5+0.088%$701K$8.5M10xas long as short
Bulk ZEC-USD+0.0100%1h1,471+0.120%$895K$25K10xas long as short
Gate ZEC_USDT+0.0100%8h1,470+0.053%$51.3M$179.0M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,470.2+0.068%$230.9M$825.1M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,470.3+0.070%$105.0M$55.7M75xas long as short
Bitget ZECUSDT+0.0100%8h1,470.3+0.072%$163.5M$293.6M75xas long as short
BingX ZEC-USDT+0.0100%8h1,469.7+0.032%$100.7Mas long as short
edgeX ZECUSDC+0.0100%4h1,470.6+0.093%$572K$9.2M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,471.5+0.157%$3.0M$466K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,470+0.049%$430K$860K50xas long as short
StandX ZEC-USD+0.0100%1h1,468.9−0.021%$110K$4.8M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,468.8−0.029%$332K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,469−0.013%$128K$159K20xas long as short
Derive ZEC-PERP+0.0100%1h1,467.3−0.129%$457K$509K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,471.4+0.147%$3K$1.2M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,469−0.013%$242K$4.0M10xas long as short
HTX ZEC-USDT+0.0100%8h1,468.4−0.059%$2.5M$21.4M75xas long as short
Phemex ZECUSDT+0.0100%8h1,470.6+0.092%$3.9M$5.3M50xas long as short
Extended ZEC-USD+0.0104%1h1,469.2−0.004%$3.2M$7.0M10xas long as short
Aevo ZEC-PERP+0.0104%1h1,468.7−0.035%$56K$167K20xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0157%1h1,470+0.051%$605K$1.3M25xas long as short
Lighter ZEC+0.0184%1h1,471.4+0.150%$19.2M$50.4M20xas long as short
RISEx ZEC/USDCshort+0.0228%1h1,469.8+0.041%$850K$1.1M10x
Coinbase International ZEC-PERP-INTX+0.0448%1h1,471.2+0.136%$3.8M$10.1M50xas long as short
Backpack ZEC_USDC_PERP+0.0525%1h1,470.8+0.104%$2.5M$3.8M15xas long as short
Aftermath Perps ZECUSD+0.0764%1h1,470.6+0.093%$43K$47K10xas long as short
Lighter RH ZEC+0.0776%1h1,471.7+0.166%$2.0M$8.1M10xas long as short