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

ZEC

all ZEC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:14 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.023%
Price spread now: Aevo against Perpl+0.032%55s7-day average +0.058% · 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+0.087%+$9 on $10k
Price spread, last 4 days (all we have)+0.176%+$18 · spread now +0.032%, 7d avg +0.058%
Together, before fees+0.262%+ Points / potential airdropPerpl: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aevo is 0.026% cheaper against Perpl than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.058%). If the spread goes back, that is −$3 on $10k: about 20 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.087% in total) that is about 2.1 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPerpl ZEC1,464.20get 0.0000% / 43m19m 33s$84K$239K10x
ShortAevo ZEC-PERP1,464.70.0104get 0.0013% / 1h39m 33s$47K$151K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Perpl. 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
$21.84
Price spread: +0.032% → +0.058%
−$2.63
Slippage, 4 orders
no order book: not counted
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.59
Costs to cover
0.298%
Break-even
10.4 days
Slippage unknown: Perpl: no order-book sample; Aevo: live order book, 9 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 Perpl no order-book sample
Sell Aevo live order book, 9 min ago3.44 bp16.6 bp −$1721.3 bp −$21329.9 bp −$2,988doesn't fit
Perpl: 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+0.051%$34K$272K12xas long as short
Hotstuff ZEC-PERP−0.0080%1h1,464.2−0.003%$6K$1K10xas long as short
BloFin ZEC-USDT−0.0068%8h1,465.3+0.075%$29.9M$70.9M75xas long as short
dYdX ZEC-USD0.0000%1h1,465.7+0.099%$407K$37K5xas long as short
Kalshi KXZECPERP0.0000%8h1,464.8+0.042%$1.5M$4.4M2.2xas long as short
Perpl ZEClong0.0000%43m1,464.2long leg$84K$239K10x
gTrade (Gains Network) ZEC/USDL +0.0007% / S −0.0007%1h1,464.4+0.010%$5.2M150xas long as short
01 Exchange ZECUSD+0.0048%1h1,465.2+0.064%$8K$7K5xas long as short
Orderly PERP_ZEC_USDC+0.0062%8h1,464.7+0.033%$293K$902K20xas long as short
Bybit ZECUSDT+0.0091%8h1,465.4+0.083%$261.3M$589.0M75xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix ZEC+0.0092%1h1,465.7+0.098%$4.7M$1.3M10xas long as short
GMX ZEC/USD [WBTC.b-USDC]L +0.0095% / S −0.0049%1h1,463.8−0.032%$436K100xas long as short
Popdex ZECUSDT+0.0096%1h1,464.4+0.014%$173K$1.6M50xas long as short
Katana Perps ZEC-USD+0.0100%8h1,464.4+0.012%$13K$811K10xas long as short
Paradex ZEC-USD-PERP+0.0100%8h1,464.7+0.033%$60K$43K10xas long as short
Nado ZEC-PERP+0.0100%1h1,466.4+0.148%$2.9M$6.3M10xas long as short
Hyperliquid ZEC+0.0100%1h1,467.2+0.204%$763.5M$417.9M10xas long as short
Aster ZECUSDT+0.0100%8h1,464.7+0.032%$14.4M$28.0M75xas long as short
Pacifica ZEC+0.0100%1h1,465.5+0.087%$1.7M$2.4M10xas long as short
Binance ZECUSDT+0.0100%8h1,465.2+0.068%$675.7M$2.16B75xas long as short
OKX ZEC-USDT-SWAP+0.0100%8h1,465.9+0.112%$178.4M$1.20B50xas long as short
Ondo Perps ZEC-USD.P+0.0100%1h1,464−0.015%$397K$429K5xas long as short
Bulk ZEC-USD+0.0100%1h1,462.7−0.105%$884K$17K10xas long as short
Gate ZEC_USDT+0.0100%8h1,464.6+0.027%$52.7M$170.5M75xas long as short
MEXC ZEC_USDT+0.0100%8h1,464.8+0.038%$218.1M$759.3M150xas long as short
KuCoin ZECUSDTM+0.0100%8h1,465.7+0.100%$103.3M$52.6M75xas long as short
Bitget ZECUSDT+0.0100%8h1,466.3+0.141%$166.0M$267.3M75xas long as short
BingX ZEC-USDC+0.0100%8h1,465.3+0.075%$6.7Mas long as short
Variational Omni ZEC+0.0100%8h1,464.4+0.012%$48.0M$32.4Mas long as short
edgeX ZECUSDC+0.0100%4h1,463.6−0.042%$569K$8.5M20xas long as short
GRVT ZEC_USDT_Perp+0.0100%8h1,463.7−0.038%$3.0M$467K10xas long as short
ApeX Omni ZECUSDT+0.0100%1h1,465+0.055%$405K$925K50xas long as short
StandX ZEC-USD+0.0100%1h1,464.3+0.007%$49K$4.6M30xas long as short
Polymarket Perps ZEC-USD+0.0100%1h1,465.6+0.094%$359K$1.7M10xas long as short
Bullet ZEC-USD+0.0100%1h1,463.8−0.027%$161K$186K20xas long as short
Derive ZEC-PERP+0.0100%1h1,463.6−0.044%$447K$506K6.7xas long as short
SunX ZEC-USDT+0.0100%8h1,466.3+0.141%$3K$1.1M20xas long as short
SoDEX ZEC-USD+0.0100%1h1,464.7+0.031%$234K$3.2M10xas long as short
HTX ZEC-USDT+0.0100%8h1,463.8−0.029%$2.7M$18.2M75xas long as short
Phemex ZECUSDT+0.0100%8h1,465.1+0.058%$3.9M$4.7M50xas long as short
Lighter ZEC+0.0104%1h1,466.6+0.161%$19.4M$43.9M20xas long as short
Extended ZEC-USD+0.0104%1h1,464.7+0.035%$2.8M$7.8M10xas long as short
Aevo ZEC-PERPshort+0.0104%1h1,464.7+0.032%$47K$151K20x
Lighter RH ZEC+0.0112%1h1,466.8+0.178%$2.1M$7.1M10xas long as short
Deribit ZEC_USDC-PERPETUAL+0.0116%1h1,465.4+0.082%$617K$1.3M25xas long as short
Kraken Futures PF_ZECUSD+0.0147%1h1,464.5+0.017%$18.0M$45.5M25xas long as short
RISEx ZEC/USDC+0.0154%1h1,464.9+0.045%$926K$1.1M10xas long as short
Backpack ZEC_USDC_PERP+0.0290%1h1,466.5+0.155%$2.4M$3.7M15xas long as short
Coinbase International ZEC-PERP-INTX+0.0496%1h1,466.4+0.146%$3.7M$9.2M50xas long as short
Arcus ZEC-USD+0.0508%1h1,466.4+0.147%$667K$8.1M10xas long as short
Aftermath Perps ZECUSD+0.0676%1h1,464.9+0.044%$45K$49K10xas long as short