Funding arb · Price arb /

ZEC

all ZEC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: SunX against Paradex+0.443%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.443% dearer against Paradex than usual: you sell high and buy low, +$44 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex ZEC-USD-PERP	1,511.3	0.0100	pay 0.0100% / 8h	7h 55m	$62K	$19K	10x
Short	SunX ZEC-USDT	1,518	0.0100	get 0.0100% / 8h	7h 55m	$3K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee ParadexbpFee SunXbpOrdersPrice spread, now +0.443%Rate

Funding earned: $0.06
Price spread: +0.443% → 0.000%: $44.32
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SunX: 4 bp × 2 orders: −$8
Net: $32.39
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell SunX live order book, 8 min ago	29.02 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective ZEC/USDC PERP	−0.3702%	1h	1,500.2	−0.734%	$37K	$275K	12x	as long as short
Bulk ZEC-USD	−0.0463%	1h	1,515.3	+0.261%	$779K	$147K	10x	as long as short
Perpl ZEC	−0.0447%	43m	1,513.9	+0.167%	$62K	$305K	10x	as long as short
BloFin ZEC-USDT	−0.0164%	8h	1,517.5	+0.409%	$31.8M	$77.1M	75x	as long as short
Aftermath Perps ZECUSD	−0.0115%	1h	1,513.1	+0.119%	$48K	$59K	10x	as long as short
Hotstuff ZEC-PERP	−0.0080%	1h	1,517.5	+0.409%	$6K	$1K	10x	as long as short
dYdX ZEC-USD	0.0000%	1h	1,514.5	+0.209%	$421K	$34K	5x	as long as short
Kalshi KXZECPERP	0.0000%	8h	1,512	+0.044%	$1.6M	$5.0M	2.2x	as long as short
gTrade (Gains Network) ZEC/USD	L +0.0007% / S −0.0006%	1h	1,515.6	+0.282%	$5.4M	—	150x	as long as short
01 Exchange ZECUSD	+0.0008%	1h	1,513.5	+0.146%	$8K	$6K	5x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_ZECUSD	+0.0019%	1h	1,517.6	+0.417%	$18.3M	$47.8M	25x	as long as short
Orderly PERP_ZEC_USDC	+0.0084%	8h	1,516	+0.311%	$305K	$859K	20x	as long as short
Phoenix ZEC	+0.0096%	1h	1,512.4	+0.069%	$4.8M	$1.4M	10x	as long as short
Lighter RH ZEC	+0.0096%	1h	1,518.9	+0.502%	$2.1M	$7.4M	10x	as long as short
Popdex ZECUSDT	+0.0096%	1h	1,514.2	+0.190%	$172K	$1.8M	50x	as long as short
Paradex ZEC-USD-PERPlong	+0.0100%	8h	1,511.3	long leg	$62K	$19K	10x
Katana Perps ZEC-USD	+0.0100%	8h	1,513.4	+0.136%	$16K	$898K	10x	as long as short
Nado ZEC-PERP	+0.0100%	1h	1,514.7	+0.221%	$3.1M	$7.7M	10x	as long as short
Hyperliquid ZEC	+0.0100%	1h	1,518.2	+0.454%	$794.2M	$448.6M	10x	as long as short
Aster ZECUSDT	+0.0100%	8h	1,518.2	+0.456%	$14.2M	$31.1M	75x	as long as short
Pacifica ZEC	+0.0100%	1h	1,511.7	+0.026%	$1.7M	$2.4M	10x	as long as short
Binance ZECUSDT	+0.0100%	8h	1,519.6	+0.544%	$717.9M	$2.34B	75x	as long as short
Bybit ZECUSDT	+0.0100%	8h	1,518.9	+0.500%	$273.2M	$629.2M	75x	as long as short
OKX ZEC-USDT-SWAP	+0.0100%	8h	1,519.4	+0.531%	$183.5M	$1.39B	50x	as long as short
Ondo Perps ZEC-USD.P	+0.0100%	1h	1,509.5	−0.121%	$413K	$553K	5x	as long as short
Arcus ZEC-USD	+0.0100%	1h	1,513.2	+0.122%	$600K	$8.9M	10x	as long as short
Gate ZEC_USDT	+0.0100%	8h	1,518.3	+0.458%	$60.0M	$182.7M	75x	as long as short
MEXC ZEC_USDT	+0.0100%	8h	1,517.9	+0.435%	$410.1M	$823.4M	150x	as long as short
KuCoin ZECUSDTM	+0.0100%	8h	1,517.7	+0.418%	$103.6M	$57.3M	75x	as long as short
Bitget ZECUSDT	+0.0100%	8h	1,518.6	+0.481%	$164.0M	$294.6M	75x	as long as short
BingX ZEC-USDC	+0.0100%	8h	1,516.6	+0.351%	—	$6.7M	—	as long as short
Variational Omni ZEC	+0.0100%	8h	1,509.2	−0.142%	$49.7M	$35.6M	—	as long as short
edgeX ZECUSDC	+0.0100%	4h	1,515.9	+0.304%	$581K	$9.1M	20x	as long as short
GRVT ZEC_USDT_Perp	+0.0100%	8h	1,515.9	+0.303%	$3.1M	$532K	10x	as long as short
ApeX Omni ZECUSDT	+0.0100%	1h	1,515.1	+0.247%	$417K	$949K	50x	as long as short
StandX ZEC-USD	+0.0100%	1h	1,511.5	+0.013%	$51K	$4.6M	30x	as long as short
Polymarket Perps ZEC-USD	+0.0100%	1h	1,515.1	+0.249%	$376K	$1.7M	10x	as long as short
Bullet ZEC-USD	+0.0100%	1h	1,515.8	+0.296%	$169K	$193K	20x	as long as short
Derive ZEC-PERP	+0.0100%	1h	1,512.3	+0.065%	$452K	$408K	6.7x	as long as short
SunX ZEC-USDTshort	+0.0100%	8h	1,518	+0.443%	$3K	$1.2M	20x
SoDEX ZEC-USD	+0.0100%	1h	1,517.1	+0.380%	$257K	$3.6M	10x	as long as short
HTX ZEC-USDT	+0.0100%	8h	1,514.8	+0.228%	$2.7M	$21.3M	75x	as long as short
Phemex ZECUSDT	+0.0100%	8h	1,518.3	+0.459%	$4.1M	$4.9M	50x	as long as short
Lighter ZEC	+0.0104%	1h	1,518.4	+0.469%	$19.6M	$44.3M	20x	as long as short
Extended ZEC-USD	+0.0104%	1h	1,516.3	+0.331%	$2.7M	$8.0M	10x	as long as short
Aevo ZEC-PERP	+0.0104%	1h	1,517	+0.376%	$43K	$151K	20x	as long as short
GMX ZEC/USD [WBTC.b-USDC]	L +0.0153% / S −0.0153%	1h	1,515.7	+0.286%	$336K	—	100x	as long as short
RISEx ZEC/USDC	+0.0157%	1h	1,513	+0.113%	$964K	$1.1M	10x	as long as short
Deribit ZEC_USDC-PERPETUAL	+0.0283%	1h	1,517.6	+0.414%	$693K	$1.4M	25x	as long as short
Coinbase International ZEC-PERP-INTX	+0.0368%	1h	1,518.3	+0.458%	$3.7M	$9.8M	50x	as long as short
Backpack ZEC_USDC_PERP	+0.0432%	1h	1,518.7	+0.490%	$2.4M	$3.7M	15x	as long as short